Michaels Stores 401(k) and pension plans

Michaels Stores, Inc., Irving, TX. EIN 75-1943604. Annual reports 2009–2024.

Michaels Stores, Inc. has one active retirement plan on file, the Michaels Stores, Inc. Employees 401(k) Plan, with 29,442 participants and $337 million in assets in 2024. Voya is its recordkeeper.

Active plans: 1
Participants: 29,442
Plan assets: $337 million
401(k) recordkeeper: Voya
Plans on file: 2
Industry: Retail

All 2 plans

Active plans first

Michaels Stores, Inc. Employees 401(k) Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 001Employer EIN 75-1943604
Participants (2024): 29,442
Net assets (2024): $337 million
Recordkeeper: VoyaEarlier: Vanguard (2021–2023), Schwab (2009–2020)
Plan administrator: Michaels Stores, Inc.
3939 W. John Carpenter Frwy
Irving, TX 75063
(972) 409-1300As filed for 2024
In effect since: February 1, 1987

Plans merged into this one: Lamrite West, Inc. Employee Profit Sharing Plan and Trust Agreement Plan (2016).

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	29,442	$337 million	Voya
2023	6,591	$307 million	Vanguard
2022	23,215	$268 million	Vanguard
2021	17,369	$316 million	Vanguard
2020	19,624	$270 million	Schwab
2019	23,964	$267 million	Schwab
2018	25,380	$229 million	Schwab
2017	26,219	$246 million	Schwab
2016	23,244	$215 million	Schwab
2015	21,343	$168 million	Schwab
2014	22,363	$168 million	Schwab
2013	21,962	$161 million	Schwab
2012	21,304	$139 million	Schwab
2011	18,747	$124 million	Schwab
2010	19,921	$124 million	Schwab
2009	19,729	$111 million	Schwab

Leewards Pension Plan for Hourly Employees

Pension (defined benefit), frozenClosed

Closed. The plan filed its final annual report for 2017, which means its assets were paid out or moved and it no longer exists.

Plan number: 015Employer EIN 75-1943604
Participants (2016): 192
Net assets (2016): $1.3 million
Administered by: Principal2011–2016
Plan administrator: Michaels Stores, Inc.
8000 Bent Branch Drive
Irving, TX 75063
(972) 409-1300As filed for 2017
In effect since: June 1, 1971

Year by year, 2009 to 2017

Plan year	Participants	Net assets	Recordkeeper
2017	0	$0	not listed
2016	192	$1.3 million	Principal
2015	208	$1.4 million	Principal
2014	231	$1.7 million	Principal
2013	274	$2.1 million	Principal
2012	250	$2.0 million	Principal
2011	353	$1.7 million	Principal
2010	360	$1.7 million	not listed
2009	370	$1.6 million	not listed

If you had money in one of these plans

Call Voya (voya.com), which runs the Michaels Stores, Inc. Employees 401(k) Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((972) 409-1300). That number was filed for 2024; ask for the benefits or retirement plan office.
If your plan closed, unclaimed balances usually went to an IRA in your name, to the PBGC's missing participants program, or to state unclaimed property. Here is how to check each one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

All 2 plans

Michaels Stores, Inc. Employees 401(k) Plan

Leewards Pension Plan for Hourly Employees

If you had money in one of these plans

What these numbers are

Other retail employers in TX