How big is Michaels, Inc.'s plan?

Michaels, Inc.'s plan reported $1.2M in assets and 43 participants for 2024.

Original filing (PDF)20250801103959NAL0015665970001

Michaels, Inc.

Name: Michaels, Inc. — Michaels, Inc. 401(k) Plan, Form 5500 (2024)
Creator: Michaels, Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Michaels, Inc. 401(k) Plan

401(k) retirement plan · Michaels, Inc.'s Michaels, Inc. 401(k) Plan held $1.2M in plan assets for 43 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.2M

Net assets (EOY)

$1.2M

People on this filing

Marissa Jaggi for TRPC signed Michaels, Inc.'s 2024 Form 5500 as plan administrator.

Marissa Jaggi for TRPC — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Michaels, Inc.'s EIN is 06-0871968.

EIN 06-0871968

Plan number 002

Plan year 2024

ACK ID 20250801103959NAL0015665970001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Michaels, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Michaels, Inc.'s plan includes ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

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Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (12th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Plan sponsor

Name

MICHAELS, INC.

EIN

all filings

Address

100 BEARD SAWMILL RD. · SUITE 530 · SHELTON, CT · 06484

Phone

(203) 597-4905

Industry

Retail Trade

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-08-01

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

—

Trustee / custodian

Service providers (Schedule C)

Small plans don't disclose service providers

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