401k Plan data: THE MICHAELS ORGANIZATION 401(K) PLAN plan

THE MICHAELS ORGANIZATION 401(K) PLAN 401k Plan overview

Plan Name	THE MICHAELS ORGANIZATION 401(K) PLAN
Plan identification number	001

THE MICHAELS ORGANIZATION 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MICHAELS MANAGEMENT-AFFORDABLE, LLC has sponsored the creation of one or more 401k plans.

Company Name: MICHAELS MANAGEMENT-AFFORDABLE, LLC

Employer identification number (EIN): 222012047

NAIC Classification: 531310

Additional information about MICHAELS MANAGEMENT-AFFORDABLE, LLC

Jurisdiction of Incorporation: New Jersey Division of Revenue and Enterprise Services

Incorporation Date:

Company Identification Number: 4927377500

More information about MICHAELS MANAGEMENT-AFFORDABLE, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE MICHAELS ORGANIZATION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01
001 2017-01-01 MELANIE D. GILBERT
001 2016-01-01 MELANIE D. GILBERT
001 2016-01-01 MELANIE D. GILBERT
001 2015-01-01 MELANIE D. GILBERT
001 2014-01-01 MELANIE D. GILBERT
001 2013-01-01 WILLIAM C. GEDDES
001 2012-01-01 WILLIAM C. GEDDES
001 2011-01-01 WILLIAM C. GEDDES
001 2009-01-01 JAMES BLEILER WILLIAM GEDDES 2010-10-12

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2018-01-01
001	2017-01-01	MELANIE D. GILBERT
001	2016-01-01	MELANIE D. GILBERT
001	2016-01-01	MELANIE D. GILBERT
001	2015-01-01	MELANIE D. GILBERT
001	2014-01-01	MELANIE D. GILBERT
001	2013-01-01	WILLIAM C. GEDDES
001	2012-01-01	WILLIAM C. GEDDES
001	2011-01-01	WILLIAM C. GEDDES
001	2009-01-01	JAMES BLEILER	WILLIAM GEDDES	2010-10-12

Plan Statistics for THE MICHAELS ORGANIZATION 401(K) PLAN

401k plan membership statisitcs for THE MICHAELS ORGANIZATION 401(K) PLAN

Measure Date Value
2018: THE MICHAELS ORGANIZATION 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 2,052
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 1,783
Number of retired or separated participants receiving benefits 2018-01-01 2
Number of other retired or separated participants entitled to future benefits 2018-01-01 127
Total of all active and inactive participants 2018-01-01 1,912
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 1
Total participants 2018-01-01 1,913
Number of participants with account balances 2018-01-01 1,096
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: THE MICHAELS ORGANIZATION 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 1,745
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 1,740
Number of retired or separated participants receiving benefits 2017-01-01 1
Number of other retired or separated participants entitled to future benefits 2017-01-01 170
Total of all active and inactive participants 2017-01-01 1,911
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 1,911
Number of participants with account balances 2017-01-01 1,009
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: THE MICHAELS ORGANIZATION 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 1,605
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 1,425
Number of retired or separated participants receiving benefits 2016-01-01 20
Number of other retired or separated participants entitled to future benefits 2016-01-01 126
Total of all active and inactive participants 2016-01-01 1,571
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 1
Total participants 2016-01-01 1,572
Number of participants with account balances 2016-01-01 881
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: THE MICHAELS ORGANIZATION 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 1,474
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 1,441
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 98
Total of all active and inactive participants 2015-01-01 1,539
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 1
Total participants 2015-01-01 1,540
Number of participants with account balances 2015-01-01 782
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: THE MICHAELS ORGANIZATION 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 1,464
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 1,354
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 76
Total of all active and inactive participants 2014-01-01 1,430
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 1,430
Number of participants with account balances 2014-01-01 700
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: THE MICHAELS ORGANIZATION 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 1,450
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 1,296
Number of retired or separated participants receiving benefits 2013-01-01 2
Number of other retired or separated participants entitled to future benefits 2013-01-01 67
Total of all active and inactive participants 2013-01-01 1,365
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 1,365
Number of participants with account balances 2013-01-01 611
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: THE MICHAELS ORGANIZATION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 1,231
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 1,319
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 56
Total of all active and inactive participants 2012-01-01 1,375
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 1,375
Number of participants with account balances 2012-01-01 534
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: THE MICHAELS ORGANIZATION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 450
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 591
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 34
Total of all active and inactive participants 2011-01-01 625
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 625
Number of participants with account balances 2011-01-01 289
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: THE MICHAELS ORGANIZATION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 241
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 215
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 30
Total of all active and inactive participants 2009-01-01 245
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 245
Number of participants with account balances 2009-01-01 175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2018: THE MICHAELS ORGANIZATION 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	2,052
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	1,783
Number of retired or separated participants receiving benefits	2018-01-01	2
Number of other retired or separated participants entitled to future benefits	2018-01-01	127
Total of all active and inactive participants	2018-01-01	1,912
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	1
Total participants	2018-01-01	1,913
Number of participants with account balances	2018-01-01	1,096
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: THE MICHAELS ORGANIZATION 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	1,745
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	1,740
Number of retired or separated participants receiving benefits	2017-01-01	1
Number of other retired or separated participants entitled to future benefits	2017-01-01	170
Total of all active and inactive participants	2017-01-01	1,911
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	1,911
Number of participants with account balances	2017-01-01	1,009
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: THE MICHAELS ORGANIZATION 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	1,605
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	1,425
Number of retired or separated participants receiving benefits	2016-01-01	20
Number of other retired or separated participants entitled to future benefits	2016-01-01	126
Total of all active and inactive participants	2016-01-01	1,571
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	1
Total participants	2016-01-01	1,572
Number of participants with account balances	2016-01-01	881
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: THE MICHAELS ORGANIZATION 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	1,474
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	1,441
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	98
Total of all active and inactive participants	2015-01-01	1,539
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	1
Total participants	2015-01-01	1,540
Number of participants with account balances	2015-01-01	782
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: THE MICHAELS ORGANIZATION 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	1,464
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	1,354
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	76
Total of all active and inactive participants	2014-01-01	1,430
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	1,430
Number of participants with account balances	2014-01-01	700
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: THE MICHAELS ORGANIZATION 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	1,450
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	1,296
Number of retired or separated participants receiving benefits	2013-01-01	2
Number of other retired or separated participants entitled to future benefits	2013-01-01	67
Total of all active and inactive participants	2013-01-01	1,365
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	1,365
Number of participants with account balances	2013-01-01	611
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: THE MICHAELS ORGANIZATION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	1,231
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	1,319
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	56
Total of all active and inactive participants	2012-01-01	1,375
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	1,375
Number of participants with account balances	2012-01-01	534
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: THE MICHAELS ORGANIZATION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	450
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	591
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	34
Total of all active and inactive participants	2011-01-01	625
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	625
Number of participants with account balances	2011-01-01	289
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: THE MICHAELS ORGANIZATION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	241
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	215
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	30
Total of all active and inactive participants	2009-01-01	245
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	245
Number of participants with account balances	2009-01-01	175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on THE MICHAELS ORGANIZATION 401(K) PLAN

Measure	Date	Value
2018 : THE MICHAELS ORGANIZATION 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets	2018-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2018-12-31	$-4,137,864
Total unrealized appreciation/depreciation of assets	2018-12-31	$-4,137,864
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$204
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$155
Expenses. Interest paid	2018-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$4,448,081
Total loss/gain on sale of assets	2018-12-31	$124,550
Total of all expenses incurred	2018-12-31	$4,937,637
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$4,895,674
Expenses. Certain deemed distributions of participant loans	2018-12-31	$4,353
Value of total corrective distributions	2018-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$6,203,093
Value of total assets at end of year	2018-12-31	$44,724,313
Value of total assets at beginning of year	2018-12-31	$45,213,820
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$37,610
Total income from rents	2018-12-31	$0
Total interest from all sources	2018-12-31	$52,502
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$11,651
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$0
Assets. Real estate other than employer real property at end of year	2018-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2018-12-31	$0
Administrative expenses professional fees incurred	2018-12-31	$37,610
Assets. Corporate prefeered stocks other than exployer securities at end of year	2018-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2018-12-31	$24
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$3,433,377
Participant contributions at end of year	2018-12-31	$1,032,788
Participant contributions at beginning of year	2018-12-31	$946,805
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$416
Assets. Other investments not covered elsewhere at end of year	2018-12-31	$27,372
Assets. Other investments not covered elsewhere at beginning of year	2018-12-31	$15,488
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$824,321
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2018-12-31	$1,443
Value of other receiveables (less allowance for doubtful accounts) at end of year	2018-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$0
Assets. Loans (other than to participants) at end of year	2018-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2018-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$204
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$155
Other income not declared elsewhere	2018-12-31	$0
Liabilities. Value of operating payables at beginning of year	2018-12-31	$0
Total non interest bearing cash at end of year	2018-12-31	$21,736
Total non interest bearing cash at beginning of year	2018-12-31	$-24,591
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Income. Non cash contributions	2018-12-31	$0
Value of net income/loss	2018-12-31	$-489,556
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$44,724,109
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$45,213,665
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Assets. partnership/joint venture interests at end of year	2018-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2018-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$34,758,946
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$35,746,792
Value of interest in pooled separate accounts at end of year	2018-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2018-12-31	$0
Interest on participant loans	2018-12-31	$44,822
Income. Interest from loans (other than to participants)	2018-12-31	$0
Interest earned on other investments	2018-12-31	$6,170
Income. Interest from US Government securities	2018-12-31	$825
Income. Interest from corporate debt instruments	2018-12-31	$0
Value of interest in master investment trust accounts at end of year	2018-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2018-12-31	$0
Value of interest in common/collective trusts at end of year	2018-12-31	$0
Value of interest in common/collective trusts at beginning of year	2018-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$171,755
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$257,975
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$257,975
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$685
Assets. Value of investments in 103.12 investment entities at end of year	2018-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2018-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$6,937,185
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$6,878,391
Expenses. Payments to insurance carriers foe the provision of benefits	2018-12-31	$0
Asset value of US Government securities at end of year	2018-12-31	$0
Asset value of US Government securities at beginning of year	2018-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$2,194,149
Net investment gain/loss from pooled separate accounts	2018-12-31	$0
Net investment gain or loss from common/collective trusts	2018-12-31	$0
Net gain/loss from 103.12 investment entities	2018-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Assets. Invements in employer securities at end of year	2018-12-31	$0
Assets. Invements in employer securities at beginning of year	2018-12-31	$0
Assets. Value of employer real property at end of year	2018-12-31	$0
Assets. Value of employer real property at beginning of year	2018-12-31	$0
Contributions received in cash from employer	2018-12-31	$1,945,395
Employer contributions (assets) at end of year	2018-12-31	$139,925
Employer contributions (assets) at beginning of year	2018-12-31	$26,510
Income. Dividends from preferred stock	2018-12-31	$0
Income. Dividends from common stock	2018-12-31	$11,651
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$4,894,231
Asset. Corporate debt instrument preferred debt at end of year	2018-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2018-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2018-12-31	$128,193
Asset. Corporate debt instrument debt (other) at beginning of year	2018-12-31	$136,798
Assets. Corporate common stocks other than exployer securities at end of year	2018-12-31	$1,506,413
Assets. Corporate common stocks other than exployer securities at beginning of year	2018-12-31	$1,229,212
Liabilities. Value of benefit claims payable at beginning of year	2018-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2018-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2018-12-31	$0
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Aggregate proceeds on sale of assets	2018-12-31	$7,695,920
Aggregate carrying amount (costs) on sale of assets	2018-12-31	$7,571,370
Liabilities. Value of acquisition indebtedness at beginning of year	2018-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	BDO USA, LLP
Accountancy firm EIN	2018-12-31	135381590
2017 : THE MICHAELS ORGANIZATION 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets	2017-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2017-12-31	$3,766,119
Total unrealized appreciation/depreciation of assets	2017-12-31	$3,766,119
Total transfer of assets to this plan	2017-12-31	$0
Total transfer of assets from this plan	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$155
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$3,503
Expenses. Interest paid	2017-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$10,814,267
Total loss/gain on sale of assets	2017-12-31	$254,694
Total of all expenses incurred	2017-12-31	$1,862,133
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$1,810,888
Expenses. Certain deemed distributions of participant loans	2017-12-31	$48,904
Value of total corrective distributions	2017-12-31	$1,033
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$5,018,836
Value of total assets at end of year	2017-12-31	$45,213,820
Value of total assets at beginning of year	2017-12-31	$36,265,034
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$1,308
Total income from rents	2017-12-31	$0
Total interest from all sources	2017-12-31	$44,566
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$12,615
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$0
Assets. Real estate other than employer real property at end of year	2017-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2017-12-31	$0
Administrative expenses professional fees incurred	2017-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2017-12-31	$24
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2017-12-31	$27
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$2,794,099
Participant contributions at end of year	2017-12-31	$946,805
Participant contributions at beginning of year	2017-12-31	$771,465
Participant contributions at end of year	2017-12-31	$416
Participant contributions at beginning of year	2017-12-31	$179
Assets. Other investments not covered elsewhere at end of year	2017-12-31	$15,488
Assets. Other investments not covered elsewhere at beginning of year	2017-12-31	$15,376
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$629,997
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2017-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$0
Assets. Loans (other than to participants) at end of year	2017-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2017-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$155
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$3,503
Other income not declared elsewhere	2017-12-31	$462
Administrative expenses (other) incurred	2017-12-31	$1,308
Liabilities. Value of operating payables at end of year	2017-12-31	$0
Liabilities. Value of operating payables at beginning of year	2017-12-31	$0
Total non interest bearing cash at end of year	2017-12-31	$-24,591
Total non interest bearing cash at beginning of year	2017-12-31	$19,506
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Income. Non cash contributions	2017-12-31	$0
Value of net income/loss	2017-12-31	$8,952,134
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$45,213,665
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$36,261,531
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Assets. partnership/joint venture interests at end of year	2017-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2017-12-31	$0
Investment advisory and management fees	2017-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$35,746,792
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$27,267,414
Value of interest in pooled separate accounts at end of year	2017-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$0
Interest on participant loans	2017-12-31	$37,009
Income. Interest from loans (other than to participants)	2017-12-31	$0
Interest earned on other investments	2017-12-31	$6,450
Income. Interest from US Government securities	2017-12-31	$825
Income. Interest from corporate debt instruments	2017-12-31	$0
Value of interest in master investment trust accounts at end of year	2017-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2017-12-31	$0
Value of interest in common/collective trusts at end of year	2017-12-31	$0
Value of interest in common/collective trusts at beginning of year	2017-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$257,975
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$365,717
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$365,717
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$282
Assets. Value of investments in 103.12 investment entities at end of year	2017-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2017-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$6,878,391
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$6,845,465
Expenses. Payments to insurance carriers foe the provision of benefits	2017-12-31	$0
Asset value of US Government securities at end of year	2017-12-31	$0
Asset value of US Government securities at beginning of year	2017-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,716,975
Net investment gain/loss from pooled separate accounts	2017-12-31	$0
Net investment gain or loss from common/collective trusts	2017-12-31	$0
Net gain/loss from 103.12 investment entities	2017-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Assets. Invements in employer securities at end of year	2017-12-31	$0
Assets. Invements in employer securities at beginning of year	2017-12-31	$0
Assets. Value of employer real property at end of year	2017-12-31	$0
Assets. Value of employer real property at beginning of year	2017-12-31	$0
Contributions received in cash from employer	2017-12-31	$1,594,740
Employer contributions (assets) at end of year	2017-12-31	$26,510
Employer contributions (assets) at beginning of year	2017-12-31	$22,635
Income. Dividends from preferred stock	2017-12-31	$0
Income. Dividends from common stock	2017-12-31	$12,615
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$1,810,888
Asset. Corporate debt instrument preferred debt at end of year	2017-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2017-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2017-12-31	$136,798
Asset. Corporate debt instrument debt (other) at beginning of year	2017-12-31	$141,182
Contract administrator fees	2017-12-31	$0
Assets. Corporate common stocks other than exployer securities at end of year	2017-12-31	$1,229,212
Assets. Corporate common stocks other than exployer securities at beginning of year	2017-12-31	$816,068
Liabilities. Value of benefit claims payable at end of year	2017-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2017-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2017-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2017-12-31	$0
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Aggregate proceeds on sale of assets	2017-12-31	$5,443,170
Aggregate carrying amount (costs) on sale of assets	2017-12-31	$5,188,476
Liabilities. Value of acquisition indebtedness at end of year	2017-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2017-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BDO USA, LLP
Accountancy firm EIN	2017-12-31	135381590
2016 : THE MICHAELS ORGANIZATION 401(K) PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets	2016-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2016-12-31	$886,074
Total unrealized appreciation/depreciation of assets	2016-12-31	$886,074
Total transfer of assets to this plan	2016-12-31	$0
Total transfer of assets from this plan	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$3,503
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$4,454
Expenses. Interest paid	2016-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$6,532,299
Total loss/gain on sale of assets	2016-12-31	$76,423
Total of all expenses incurred	2016-12-31	$2,790,839
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$2,734,412
Expenses. Certain deemed distributions of participant loans	2016-12-31	$72,560
Value of total corrective distributions	2016-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$4,248,009
Value of total assets at end of year	2016-12-31	$36,265,034
Value of total assets at beginning of year	2016-12-31	$32,524,525
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$-16,133
Total income from rents	2016-12-31	$0
Total interest from all sources	2016-12-31	$23,352
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$1,160,762
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$1,147,763
Assets. Real estate other than employer real property at end of year	2016-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2016-12-31	$0
Administrative expenses professional fees incurred	2016-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2016-12-31	$27
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2016-12-31	$0
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$2,469,999
Participant contributions at end of year	2016-12-31	$771,465
Participant contributions at beginning of year	2016-12-31	$624,193
Participant contributions at end of year	2016-12-31	$179
Participant contributions at beginning of year	2016-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2016-12-31	$15,376
Assets. Other investments not covered elsewhere at beginning of year	2016-12-31	$10,616
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$340,259
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2016-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2016-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2016-12-31	$0
Assets. Loans (other than to participants) at end of year	2016-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2016-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$3,503
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-12-31	$3,454
Other income not declared elsewhere	2016-12-31	$137,679
Liabilities. Value of operating payables at end of year	2016-12-31	$0
Liabilities. Value of operating payables at beginning of year	2016-12-31	$0
Total non interest bearing cash at end of year	2016-12-31	$19,506
Total non interest bearing cash at beginning of year	2016-12-31	$3,049
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Income. Non cash contributions	2016-12-31	$0
Value of net income/loss	2016-12-31	$3,741,460
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$36,261,531
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$32,520,071
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Assets. partnership/joint venture interests at end of year	2016-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2016-12-31	$0
Investment advisory and management fees	2016-12-31	$-16,133
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$27,267,414
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$24,915,114
Value of interest in pooled separate accounts at end of year	2016-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2016-12-31	$0
Interest on participant loans	2016-12-31	$22,022
Income. Interest from loans (other than to participants)	2016-12-31	$0
Income. Interest from US Government securities	2016-12-31	$975
Income. Interest from corporate debt instruments	2016-12-31	$0
Value of interest in master investment trust accounts at end of year	2016-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2016-12-31	$0
Value of interest in common/collective trusts at end of year	2016-12-31	$0
Value of interest in common/collective trusts at beginning of year	2016-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$365,717
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$233,943
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$233,943
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$355
Assets. Value of investments in 103.12 investment entities at end of year	2016-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2016-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2016-12-31	$6,845,465
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2016-12-31	$5,592,225
Expenses. Payments to insurance carriers foe the provision of benefits	2016-12-31	$10,612
Asset value of US Government securities at end of year	2016-12-31	$0
Asset value of US Government securities at beginning of year	2016-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$0
Net investment gain/loss from pooled separate accounts	2016-12-31	$0
Net investment gain or loss from common/collective trusts	2016-12-31	$0
Net gain/loss from 103.12 investment entities	2016-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Assets. Invements in employer securities at end of year	2016-12-31	$0
Assets. Invements in employer securities at beginning of year	2016-12-31	$0
Assets. Value of employer real property at end of year	2016-12-31	$0
Assets. Value of employer real property at beginning of year	2016-12-31	$0
Contributions received in cash from employer	2016-12-31	$1,437,751
Employer contributions (assets) at end of year	2016-12-31	$22,635
Employer contributions (assets) at beginning of year	2016-12-31	$120,050
Income. Dividends from preferred stock	2016-12-31	$0
Income. Dividends from common stock	2016-12-31	$12,999
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$2,723,800
Asset. Corporate debt instrument preferred debt at end of year	2016-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2016-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2016-12-31	$141,182
Asset. Corporate debt instrument debt (other) at beginning of year	2016-12-31	$153,249
Contract administrator fees	2016-12-31	$0
Assets. Corporate common stocks other than exployer securities at end of year	2016-12-31	$816,068
Assets. Corporate common stocks other than exployer securities at beginning of year	2016-12-31	$872,086
Liabilities. Value of benefit claims payable at beginning of year	2016-12-31	$1,000
Assets. Value of buildings and other operty used in plan operation at end of year	2016-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2016-12-31	$0
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Aggregate proceeds on sale of assets	2016-12-31	$5,635,205
Aggregate carrying amount (costs) on sale of assets	2016-12-31	$5,558,782
Liabilities. Value of acquisition indebtedness at end of year	2016-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2016-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BDO, USA
Accountancy firm EIN	2016-12-31	135381590
2015 : THE MICHAELS ORGANIZATION 401(K) PLAN 2015 401k financial data
Unrealized appreciation/depreciation of real estate assets	2015-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2015-12-31	$-1,357,304
Total unrealized appreciation/depreciation of assets	2015-12-31	$-1,357,304
Total transfer of assets to this plan	2015-12-31	$0
Total transfer of assets from this plan	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$4,454
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$3,415
Expenses. Interest paid	2015-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$4,104,878
Total loss/gain on sale of assets	2015-12-31	$2,474
Total of all expenses incurred	2015-12-31	$2,218,242
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$2,180,661
Expenses. Certain deemed distributions of participant loans	2015-12-31	$34,681
Value of total corrective distributions	2015-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$4,020,265
Value of total assets at end of year	2015-12-31	$32,524,525
Value of total assets at beginning of year	2015-12-31	$30,636,850
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$2,900
Total income from rents	2015-12-31	$0
Total interest from all sources	2015-12-31	$25,489
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$1,413,954
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$1,399,626
Assets. Real estate other than employer real property at end of year	2015-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2015-12-31	$0
Administrative expenses professional fees incurred	2015-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2015-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2015-12-31	$54,692
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$2,351,691
Participant contributions at end of year	2015-12-31	$624,193
Participant contributions at beginning of year	2015-12-31	$601,189
Participant contributions at end of year	2015-12-31	$0
Participant contributions at beginning of year	2015-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2015-12-31	$10,616
Assets. Other investments not covered elsewhere at beginning of year	2015-12-31	$11,608
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$376,014
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2015-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2015-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2015-12-31	$0
Assets. Loans (other than to participants) at end of year	2015-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2015-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$3,454
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2015-12-31	$3,415
Other income not declared elsewhere	2015-12-31	$0
Administrative expenses (other) incurred	2015-12-31	$2,900
Liabilities. Value of operating payables at end of year	2015-12-31	$0
Liabilities. Value of operating payables at beginning of year	2015-12-31	$0
Total non interest bearing cash at end of year	2015-12-31	$3,049
Total non interest bearing cash at beginning of year	2015-12-31	$177,005
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Income. Non cash contributions	2015-12-31	$0
Value of net income/loss	2015-12-31	$1,886,636
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$32,520,071
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$30,633,435
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Assets. partnership/joint venture interests at end of year	2015-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2015-12-31	$0
Investment advisory and management fees	2015-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$24,915,114
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$23,495,710
Value of interest in pooled separate accounts at end of year	2015-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2015-12-31	$0
Interest on participant loans	2015-12-31	$23,822
Income. Interest from loans (other than to participants)	2015-12-31	$0
Interest earned on other investments	2015-12-31	$0
Income. Interest from US Government securities	2015-12-31	$975
Income. Interest from corporate debt instruments	2015-12-31	$0
Value of interest in master investment trust accounts at end of year	2015-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2015-12-31	$0
Value of interest in common/collective trusts at end of year	2015-12-31	$0
Value of interest in common/collective trusts at beginning of year	2015-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$233,943
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$285,512
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$285,512
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$692
Assets. Value of investments in 103.12 investment entities at end of year	2015-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2015-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2015-12-31	$5,592,225
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2015-12-31	$5,152,047
Expenses. Payments to insurance carriers foe the provision of benefits	2015-12-31	$0
Asset value of US Government securities at end of year	2015-12-31	$0
Asset value of US Government securities at beginning of year	2015-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$0
Net investment gain/loss from pooled separate accounts	2015-12-31	$0
Net investment gain or loss from common/collective trusts	2015-12-31	$0
Net gain/loss from 103.12 investment entities	2015-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Assets. Invements in employer securities at end of year	2015-12-31	$0
Assets. Invements in employer securities at beginning of year	2015-12-31	$0
Assets. Value of employer real property at end of year	2015-12-31	$0
Assets. Value of employer real property at beginning of year	2015-12-31	$0
Contributions received in cash from employer	2015-12-31	$1,292,560
Employer contributions (assets) at end of year	2015-12-31	$120,050
Employer contributions (assets) at beginning of year	2015-12-31	$100
Income. Dividends from preferred stock	2015-12-31	$0
Income. Dividends from common stock	2015-12-31	$14,328
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$2,180,661
Asset. Corporate debt instrument preferred debt at end of year	2015-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2015-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2015-12-31	$153,249
Asset. Corporate debt instrument debt (other) at beginning of year	2015-12-31	$128,749
Contract administrator fees	2015-12-31	$0
Assets. Corporate common stocks other than exployer securities at end of year	2015-12-31	$872,086
Assets. Corporate common stocks other than exployer securities at beginning of year	2015-12-31	$730,238
Liabilities. Value of benefit claims payable at end of year	2015-12-31	$1,000
Liabilities. Value of benefit claims payable at beginning of year	2015-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2015-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2015-12-31	$0
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Aggregate proceeds on sale of assets	2015-12-31	$4,209,776
Aggregate carrying amount (costs) on sale of assets	2015-12-31	$4,207,302
Liabilities. Value of acquisition indebtedness at end of year	2015-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2015-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	BDO, USA
Accountancy firm EIN	2015-12-31	135381590
2014 : THE MICHAELS ORGANIZATION 401(K) PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets	2014-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2014-12-31	$71,851
Total unrealized appreciation/depreciation of assets	2014-12-31	$71,851
Total transfer of assets to this plan	2014-12-31	$0
Total transfer of assets from this plan	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$3,415
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$3,485
Expenses. Interest paid	2014-12-31	$15
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2014-12-31	$15
Total income from all sources (including contributions)	2014-12-31	$5,437,391
Total loss/gain on sale of assets	2014-12-31	$28,784
Total of all expenses incurred	2014-12-31	$1,269,763
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$1,243,613
Expenses. Certain deemed distributions of participant loans	2014-12-31	$25,509
Value of total corrective distributions	2014-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$3,848,407
Value of total assets at end of year	2014-12-31	$30,636,850
Value of total assets at beginning of year	2014-12-31	$26,469,292
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$626
Total income from rents	2014-12-31	$0
Total interest from all sources	2014-12-31	$25,251
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$1,352,346
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$1,333,578
Assets. Real estate other than employer real property at end of year	2014-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2014-12-31	$0
Administrative expenses professional fees incurred	2014-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2014-12-31	$54,692
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2014-12-31	$44,759
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$2,122,357
Participant contributions at end of year	2014-12-31	$601,189
Participant contributions at beginning of year	2014-12-31	$540,016
Participant contributions at end of year	2014-12-31	$0
Participant contributions at beginning of year	2014-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2014-12-31	$11,608
Assets. Other investments not covered elsewhere at beginning of year	2014-12-31	$11,568
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$559,373
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2014-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-12-31	$0
Assets. Loans (other than to participants) at end of year	2014-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2014-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2014-12-31	$3,415
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-12-31	$3,485
Other income not declared elsewhere	2014-12-31	$8,985
Administrative expenses (other) incurred	2014-12-31	$626
Liabilities. Value of operating payables at beginning of year	2014-12-31	$0
Total non interest bearing cash at end of year	2014-12-31	$177,005
Total non interest bearing cash at beginning of year	2014-12-31	$96,966
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Income. Non cash contributions	2014-12-31	$0
Value of net income/loss	2014-12-31	$4,167,628
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$30,633,435
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$26,465,807
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Assets. partnership/joint venture interests at end of year	2014-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2014-12-31	$0
Investment advisory and management fees	2014-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$23,495,710
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$20,388,823
Value of interest in pooled separate accounts at end of year	2014-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$0
Interest on participant loans	2014-12-31	$23,492
Income. Interest from loans (other than to participants)	2014-12-31	$0
Interest earned on other investments	2014-12-31	$0
Income. Interest from US Government securities	2014-12-31	$1,069
Income. Interest from corporate debt instruments	2014-12-31	$0
Value of interest in master investment trust accounts at end of year	2014-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2014-12-31	$0
Value of interest in common/collective trusts at end of year	2014-12-31	$0
Value of interest in common/collective trusts at beginning of year	2014-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$285,512
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$255,462
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$255,462
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-31	$690
Assets. Value of investments in 103.12 investment entities at end of year	2014-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2014-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$5,152,047
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$4,407,700
Expenses. Payments to insurance carriers foe the provision of benefits	2014-12-31	$1,888
Asset value of US Government securities at end of year	2014-12-31	$0
Asset value of US Government securities at beginning of year	2014-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$101,767
Net investment gain/loss from pooled separate accounts	2014-12-31	$0
Net investment gain or loss from common/collective trusts	2014-12-31	$0
Net gain/loss from 103.12 investment entities	2014-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Assets. Invements in employer securities at end of year	2014-12-31	$0
Assets. Invements in employer securities at beginning of year	2014-12-31	$0
Assets. Value of employer real property at end of year	2014-12-31	$0
Assets. Value of employer real property at beginning of year	2014-12-31	$0
Contributions received in cash from employer	2014-12-31	$1,166,677
Employer contributions (assets) at end of year	2014-12-31	$100
Employer contributions (assets) at beginning of year	2014-12-31	$0
Income. Dividends from preferred stock	2014-12-31	$0
Income. Dividends from common stock	2014-12-31	$18,768
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$1,241,725
Asset. Corporate debt instrument preferred debt at end of year	2014-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2014-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2014-12-31	$128,749
Asset. Corporate debt instrument debt (other) at beginning of year	2014-12-31	$79,194
Contract administrator fees	2014-12-31	$0
Assets. Corporate common stocks other than exployer securities at end of year	2014-12-31	$730,238
Assets. Corporate common stocks other than exployer securities at beginning of year	2014-12-31	$644,804
Liabilities. Value of benefit claims payable at beginning of year	2014-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2014-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2014-12-31	$0
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Aggregate proceeds on sale of assets	2014-12-31	$3,832,016
Aggregate carrying amount (costs) on sale of assets	2014-12-31	$3,803,232
Liabilities. Value of acquisition indebtedness at beginning of year	2014-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	BDO, USA
Accountancy firm EIN	2014-12-31	135381590
2013 : THE MICHAELS ORGANIZATION 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets	2013-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$2,843,195
Total unrealized appreciation/depreciation of assets	2013-12-31	$2,843,195
Total transfer of assets to this plan	2013-12-31	$0
Total transfer of assets from this plan	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$3,485
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$3,511
Expenses. Interest paid	2013-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$6,855,745
Total loss/gain on sale of assets	2013-12-31	$159,079
Total of all expenses incurred	2013-12-31	$2,304,563
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$2,241,946
Expenses. Certain deemed distributions of participant loans	2013-12-31	$57,811
Value of total corrective distributions	2013-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$2,995,974
Value of total assets at end of year	2013-12-31	$26,469,292
Value of total assets at beginning of year	2013-12-31	$21,918,136
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$4,806
Total income from rents	2013-12-31	$0
Total interest from all sources	2013-12-31	$21,918
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$824,055
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$809,182
Assets. Real estate other than employer real property at end of year	2013-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2013-12-31	$0
Administrative expenses professional fees incurred	2013-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2013-12-31	$44,759
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2013-12-31	$30,468
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$1,825,969
Participant contributions at end of year	2013-12-31	$540,016
Participant contributions at beginning of year	2013-12-31	$480,498
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2013-12-31	$11,568
Assets. Other investments not covered elsewhere at beginning of year	2013-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$178,955
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2013-12-31	$2,202
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$0
Assets. Loans (other than to participants) at end of year	2013-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-12-31	$3,485
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$3,511
Other income not declared elsewhere	2013-12-31	$11,524
Administrative expenses (other) incurred	2013-12-31	$0
Liabilities. Value of operating payables at end of year	2013-12-31	$0
Liabilities. Value of operating payables at beginning of year	2013-12-31	$0
Total non interest bearing cash at end of year	2013-12-31	$96,966
Total non interest bearing cash at beginning of year	2013-12-31	$85,307
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Income. Non cash contributions	2013-12-31	$0
Value of net income/loss	2013-12-31	$4,551,182
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$26,465,807
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$21,914,625
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Assets. partnership/joint venture interests at end of year	2013-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2013-12-31	$0
Investment advisory and management fees	2013-12-31	$4,806
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$20,388,823
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$16,755,732
Value of interest in pooled separate accounts at end of year	2013-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$0
Interest on participant loans	2013-12-31	$20,120
Income. Interest from loans (other than to participants)	2013-12-31	$0
Income. Interest from US Government securities	2013-12-31	$975
Income. Interest from corporate debt instruments	2013-12-31	$0
Value of interest in master investment trust accounts at end of year	2013-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2013-12-31	$0
Value of interest in common/collective trusts at end of year	2013-12-31	$0
Value of interest in common/collective trusts at beginning of year	2013-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$255,462
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$281,982
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$281,982
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$823
Assets. Value of investments in 103.12 investment entities at end of year	2013-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2013-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$4,407,700
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$3,815,948
Expenses. Payments to insurance carriers foe the provision of benefits	2013-12-31	$4,229
Asset value of US Government securities at end of year	2013-12-31	$0
Asset value of US Government securities at beginning of year	2013-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$0
Net investment gain/loss from pooled separate accounts	2013-12-31	$0
Net investment gain or loss from common/collective trusts	2013-12-31	$0
Net gain/loss from 103.12 investment entities	2013-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Assets. Invements in employer securities at end of year	2013-12-31	$0
Assets. Invements in employer securities at beginning of year	2013-12-31	$0
Assets. Value of employer real property at end of year	2013-12-31	$0
Assets. Value of employer real property at beginning of year	2013-12-31	$0
Contributions received in cash from employer	2013-12-31	$991,050
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$0
Income. Dividends from preferred stock	2013-12-31	$0
Income. Dividends from common stock	2013-12-31	$14,873
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$2,235,515
Asset. Corporate debt instrument preferred debt at end of year	2013-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2013-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2013-12-31	$79,194
Asset. Corporate debt instrument debt (other) at beginning of year	2013-12-31	$58,902
Contract administrator fees	2013-12-31	$0
Assets. Corporate common stocks other than exployer securities at end of year	2013-12-31	$644,804
Assets. Corporate common stocks other than exployer securities at beginning of year	2013-12-31	$409,299
Liabilities. Value of benefit claims payable at end of year	2013-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2013-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2013-12-31	$0
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Aggregate proceeds on sale of assets	2013-12-31	$4,176,535
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$4,017,456
Liabilities. Value of acquisition indebtedness at end of year	2013-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2013-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	BDO USA, LLP
Accountancy firm EIN	2013-12-31	135381590
2012 : THE MICHAELS ORGANIZATION 401(K) PLAN 2012 401k financial data
Unrealized appreciation/depreciation of real estate assets	2012-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$1,544,995
Total unrealized appreciation/depreciation of assets	2012-12-31	$1,544,995
Total transfer of assets to this plan	2012-12-31	$0
Total transfer of assets from this plan	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$3,511
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$3,420
Expenses. Interest paid	2012-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$5,608,602
Total loss/gain on sale of assets	2012-12-31	$335,005
Total of all expenses incurred	2012-12-31	$1,859,203
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$1,843,362
Expenses. Certain deemed distributions of participant loans	2012-12-31	$8,670
Value of total corrective distributions	2012-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$3,236,155
Value of total assets at end of year	2012-12-31	$21,918,136
Value of total assets at beginning of year	2012-12-31	$18,168,646
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$7,171
Total income from rents	2012-12-31	$0
Total interest from all sources	2012-12-31	$20,140
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$472,307
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$464,251
Assets. Real estate other than employer real property at end of year	2012-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2012-12-31	$0
Administrative expenses professional fees incurred	2012-12-31	$7,171
Assets. Corporate prefeered stocks other than exployer securities at end of year	2012-12-31	$30,468
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2012-12-31	$20,408
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$1,648,424
Participant contributions at end of year	2012-12-31	$480,498
Participant contributions at beginning of year	2012-12-31	$413,751
Participant contributions at end of year	2012-12-31	$0
Participant contributions at beginning of year	2012-12-31	$4,827
Assets. Other investments not covered elsewhere at end of year	2012-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2012-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$723,057
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2012-12-31	$3,638
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$10,708
Assets. Loans (other than to participants) at end of year	2012-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2012-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$3,511
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$3,420
Other income not declared elsewhere	2012-12-31	$0
Administrative expenses (other) incurred	2012-12-31	$0
Liabilities. Value of operating payables at end of year	2012-12-31	$0
Liabilities. Value of operating payables at beginning of year	2012-12-31	$0
Total non interest bearing cash at end of year	2012-12-31	$85,307
Total non interest bearing cash at beginning of year	2012-12-31	$45,787
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Income. Non cash contributions	2012-12-31	$0
Value of net income/loss	2012-12-31	$3,749,399
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$21,914,625
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$18,165,226
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Assets. partnership/joint venture interests at end of year	2012-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2012-12-31	$0
Investment advisory and management fees	2012-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$16,755,732
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$14,843,985
Value of interest in pooled separate accounts at end of year	2012-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2012-12-31	$0
Interest on participant loans	2012-12-31	$18,045
Income. Interest from US Government securities	2012-12-31	$975
Value of interest in master investment trust accounts at end of year	2012-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2012-12-31	$0
Value of interest in common/collective trusts at end of year	2012-12-31	$0
Value of interest in common/collective trusts at beginning of year	2012-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$281,982
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$224,167
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$224,167
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$1,120
Assets. Value of investments in 103.12 investment entities at end of year	2012-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2012-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$3,815,948
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$2,188,541
Expenses. Payments to insurance carriers foe the provision of benefits	2012-12-31	$279
Asset value of US Government securities at end of year	2012-12-31	$0
Asset value of US Government securities at beginning of year	2012-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$0
Net investment gain/loss from pooled separate accounts	2012-12-31	$0
Net investment gain or loss from common/collective trusts	2012-12-31	$0
Net gain/loss from 103.12 investment entities	2012-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Assets. Invements in employer securities at end of year	2012-12-31	$0
Assets. Invements in employer securities at beginning of year	2012-12-31	$0
Assets. Value of employer real property at end of year	2012-12-31	$0
Assets. Value of employer real property at beginning of year	2012-12-31	$0
Contributions received in cash from employer	2012-12-31	$864,674
Employer contributions (assets) at end of year	2012-12-31	$0
Employer contributions (assets) at beginning of year	2012-12-31	$91,822
Income. Dividends from preferred stock	2012-12-31	$0
Income. Dividends from common stock	2012-12-31	$8,056
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$1,839,445
Asset. Corporate debt instrument preferred debt at end of year	2012-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2012-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2012-12-31	$58,902
Asset. Corporate debt instrument debt (other) at beginning of year	2012-12-31	$36,159
Contract administrator fees	2012-12-31	$0
Assets. Corporate common stocks other than exployer securities at end of year	2012-12-31	$409,299
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-12-31	$288,491
Liabilities. Value of benefit claims payable at end of year	2012-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2012-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2012-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2012-12-31	$0
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Aggregate proceeds on sale of assets	2012-12-31	$4,482,893
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$4,147,888
Liabilities. Value of acquisition indebtedness at end of year	2012-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2012-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	BDO USA, LLP
Accountancy firm EIN	2012-12-31	135381590
2011 : THE MICHAELS ORGANIZATION 401(K) PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets	2011-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-881,426
Total unrealized appreciation/depreciation of assets	2011-12-31	$-881,426
Total transfer of assets to this plan	2011-12-31	$534,380
Total transfer of assets from this plan	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$3,420
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$3,669
Expenses. Interest paid	2011-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$1,448,278
Total loss/gain on sale of assets	2011-12-31	$276,631
Total of all expenses incurred	2011-12-31	$789,187
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$730,375
Expenses. Certain deemed distributions of participant loans	2011-12-31	$55,554
Value of total corrective distributions	2011-12-31	$457
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,650,395
Value of total assets at end of year	2011-12-31	$18,168,646
Value of total assets at beginning of year	2011-12-31	$16,975,424
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$2,801
Total income from rents	2011-12-31	$0
Total interest from all sources	2011-12-31	$17,607
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$384,316
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$380,379
Assets. Real estate other than employer real property at end of year	2011-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2011-12-31	$0
Administrative expenses professional fees incurred	2011-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2011-12-31	$20,408
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2011-12-31	$0
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$1,091,042
Participant contributions at end of year	2011-12-31	$413,751
Participant contributions at beginning of year	2011-12-31	$365,720
Participant contributions at end of year	2011-12-31	$4,827
Participant contributions at beginning of year	2011-12-31	$46,157
Assets. Other investments not covered elsewhere at end of year	2011-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2011-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$34,898
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2011-12-31	$2,432
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$10,708
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$0
Assets. Loans (other than to participants) at end of year	2011-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2011-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2011-12-31	$3,420
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$3,143
Other income not declared elsewhere	2011-12-31	$755
Administrative expenses (other) incurred	2011-12-31	$2,801
Liabilities. Value of operating payables at end of year	2011-12-31	$0
Liabilities. Value of operating payables at beginning of year	2011-12-31	$0
Total non interest bearing cash at end of year	2011-12-31	$45,787
Total non interest bearing cash at beginning of year	2011-12-31	$34,645
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Income. Non cash contributions	2011-12-31	$0
Value of net income/loss	2011-12-31	$659,091
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$18,165,226
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$16,971,755
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Assets. partnership/joint venture interests at end of year	2011-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2011-12-31	$0
Investment advisory and management fees	2011-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$14,843,985
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$14,783,510
Value of interest in pooled separate accounts at end of year	2011-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2011-12-31	$0
Interest on participant loans	2011-12-31	$16,742
Income. Interest from loans (other than to participants)	2011-12-31	$0
Interest earned on other investments	2011-12-31	$0
Income. Interest from US Government securities	2011-12-31	$0
Income. Interest from corporate debt instruments	2011-12-31	$0
Value of interest in master investment trust accounts at end of year	2011-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2011-12-31	$0
Value of interest in common/collective trusts at end of year	2011-12-31	$0
Value of interest in common/collective trusts at beginning of year	2011-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$224,167
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$109,555
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$109,555
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$865
Assets. Value of investments in 103.12 investment entities at end of year	2011-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2011-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$2,188,541
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$1,252,397
Expenses. Payments to insurance carriers foe the provision of benefits	2011-12-31	$858
Asset value of US Government securities at end of year	2011-12-31	$0
Asset value of US Government securities at beginning of year	2011-12-31	$10,290
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$0
Net investment gain/loss from pooled separate accounts	2011-12-31	$0
Net investment gain or loss from common/collective trusts	2011-12-31	$0
Net gain/loss from 103.12 investment entities	2011-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Assets. Invements in employer securities at end of year	2011-12-31	$0
Assets. Invements in employer securities at beginning of year	2011-12-31	$0
Assets. Value of employer real property at end of year	2011-12-31	$0
Assets. Value of employer real property at beginning of year	2011-12-31	$0
Contributions received in cash from employer	2011-12-31	$524,455
Employer contributions (assets) at end of year	2011-12-31	$91,822
Employer contributions (assets) at beginning of year	2011-12-31	$67,019
Income. Dividends from preferred stock	2011-12-31	$0
Income. Dividends from common stock	2011-12-31	$3,937
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$727,085
Asset. Corporate debt instrument preferred debt at beginning of year	2011-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2011-12-31	$36,159
Asset. Corporate debt instrument debt (other) at beginning of year	2011-12-31	$15,531
Contract administrator fees	2011-12-31	$0
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$288,491
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$290,600
Liabilities. Value of benefit claims payable at end of year	2011-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2011-12-31	$526
Assets. Value of buildings and other operty used in plan operation at end of year	2011-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2011-12-31	$0
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$7,268,383
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$6,991,752
Liabilities. Value of acquisition indebtedness at end of year	2011-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2011-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	ASHER & CO., LTD
Accountancy firm EIN	2011-12-31	231914020
2010 : THE MICHAELS ORGANIZATION 401(K) PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets	2010-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$24,493
Total unrealized appreciation/depreciation of assets	2010-12-31	$24,493
Total transfer of assets to this plan	2010-12-31	$0
Total transfer of assets from this plan	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$3,669
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$280,279
Total income from all sources (including contributions)	2010-12-31	$2,926,378
Total loss/gain on sale of assets	2010-12-31	$-10,087
Total of all expenses incurred	2010-12-31	$339,165
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$316,893
Expenses. Certain deemed distributions of participant loans	2010-12-31	$20,538
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,410,098
Value of total assets at end of year	2010-12-31	$16,975,424
Value of total assets at beginning of year	2010-12-31	$14,664,821
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$1,734
Total interest from all sources	2010-12-31	$44,089
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$349,338
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$349,109
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$942,247
Participant contributions at end of year	2010-12-31	$365,720
Participant contributions at beginning of year	2010-12-31	$231,852
Participant contributions at end of year	2010-12-31	$46,157
Participant contributions at beginning of year	2010-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$3,632
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2010-12-31	$1,219
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$3,143
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$35,414
Administrative expenses (other) incurred	2010-12-31	$16
Liabilities. Value of operating payables at end of year	2010-12-31	$0
Total non interest bearing cash at end of year	2010-12-31	$34,645
Total non interest bearing cash at beginning of year	2010-12-31	$280,279
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$2,587,213
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$16,971,755
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$14,384,542
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$1,718
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$14,783,510
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$13,647,677
Interest on participant loans	2010-12-31	$13,099
Income. Interest from loans (other than to participants)	2010-12-31	$0
Interest earned on other investments	2010-12-31	$30,426
Income. Interest from US Government securities	2010-12-31	$159
Income. Interest from corporate debt instruments	2010-12-31	$340
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$109,555
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$180,708
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$180,708
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$65
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$1,252,397
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2010-12-31	$858
Asset value of US Government securities at end of year	2010-12-31	$10,290
Asset value of US Government securities at beginning of year	2010-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,108,447
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$464,219
Employer contributions (assets) at end of year	2010-12-31	$67,019
Employer contributions (assets) at beginning of year	2010-12-31	$56,660
Income. Dividends from preferred stock	2010-12-31	$0
Income. Dividends from common stock	2010-12-31	$229
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$314,816
Asset. Corporate debt instrument debt (other) at end of year	2010-12-31	$15,531
Asset. Corporate debt instrument debt (other) at beginning of year	2010-12-31	$0
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$290,600
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$267,645
Liabilities. Value of benefit claims payable at end of year	2010-12-31	$526
Liabilities. Value of benefit claims payable at beginning of year	2010-12-31	$244,865
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$971,255
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$981,342
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	ASHER & CO LTD
Accountancy firm EIN	2010-12-31	231914020
2009 : THE MICHAELS ORGANIZATION 401(K) PLAN 2009 401k financial data
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers	2009-12-31	0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2009-12-31	$0
Minimum employer required contribution for this plan year	2009-12-31	$0
Amount contributed by the employer to the plan for this plan year	2009-12-31	$0

Form 5500 Responses for THE MICHAELS ORGANIZATION 401(K) PLAN

2018: THE MICHAELS ORGANIZATION 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: THE MICHAELS ORGANIZATION 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: THE MICHAELS ORGANIZATION 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	Yes
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: THE MICHAELS ORGANIZATION 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: THE MICHAELS ORGANIZATION 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: THE MICHAELS ORGANIZATION 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: THE MICHAELS ORGANIZATION 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: THE MICHAELS ORGANIZATION 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: THE MICHAELS ORGANIZATION 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

385884-01

Policy instance

Insurance contract or identification number	385884-01
Number of Individuals Covered	375
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $13,080
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $13,080
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

385884-01

Policy instance

Insurance contract or identification number	385884-01
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $10,947
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $10,947
Amount paid for insurance broker fees	0
Insurance broker organization code?	3
Insurance broker name	JOHN CIPOLLONE

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

385884-01

Policy instance

Insurance contract or identification number	385884-01
Number of Individuals Covered	470
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Insurance broker organization code?	3
Insurance broker name	JOHN CIPOLLONE

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

385884-01

Policy instance

Insurance contract or identification number	385884-01
Number of Individuals Covered	437
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $14,471
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $14,471
Amount paid for insurance broker fees	0
Insurance broker organization code?	3
Insurance broker name	JOHN CIPOLLONE

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

385884-01

Policy instance

Insurance contract or identification number	385884-01
Number of Individuals Covered	366
Insurance policy start date	2013-01-01
Insurance policy end date	2013-12-31
Total amount of commissions paid to insurance broker	USD $12,265
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Commission paid to Insurance Broker	USD $12,265
Amount paid for insurance broker fees	0
Insurance broker organization code?	3
Insurance broker name	JOHN CIPOLLONE

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

385884-01

Policy instance

Insurance contract or identification number	385884-01
Number of Individuals Covered	293
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Total amount of commissions paid to insurance broker	USD $11,076
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $11,076
Amount paid for insurance broker fees	0
Insurance broker organization code?	3
Insurance broker name	JOHN CIPOLLONE

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

385884-01

Policy instance

Insurance contract or identification number	385884-01
Number of Individuals Covered	103
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Total amount of commissions paid to insurance broker	USD $6,996
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

385884-01

Policy instance

Insurance contract or identification number	385884-01
Number of Individuals Covered	48
Insurance policy start date	2010-01-05
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $3,347
Are there contracts with allocated funds for group deferred annuity?	Yes
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	MICHAELS MANAGEMENT-AFFORDABLE, LLC
Employer identification number (EIN):	222012047
NAIC Classification:	531310

Jurisdiction of Incorporation:	New Jersey Division of Revenue and Enterprise Services
Incorporation Date:
Company Identification Number:	4927377500