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Plan Name | MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | MICHAELS STORES, INC. |
Employer identification number (EIN): | 751943604 |
NAIC Classification: | 453990 |
Additional information about MICHAELS STORES, INC.
Jurisdiction of Incorporation: | Texas Secretary of State |
Incorporation Date: | 1984-03-23 |
Company Identification Number: | 0006163806 |
Legal Registered Office Address: |
3939 W JOHN CARPENTER FWY IRVING United States of America (USA) 75063 |
More information about MICHAELS STORES, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | ||||
001 | 2021-01-01 | ||||
001 | 2020-01-01 | ||||
001 | 2019-01-01 | ||||
001 | 2018-01-01 | ||||
001 | 2017-01-01 | SHARON BROWN | |||
001 | 2016-01-01 | SHARON BROWN | |||
001 | 2015-01-01 | SHARON BROWN | |||
001 | 2014-01-01 | SHARON BROWN | |||
001 | 2013-01-01 | SHARON BROWN | |||
001 | 2012-01-01 | NIKKI KRESSE | |||
001 | 2011-01-01 | NIKKI KRESSE | |||
001 | 2009-01-01 | JEWEL TAYLOR |
Measure | Date | Value |
---|---|---|
2022: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 17,369 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 21,202 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 103 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 1,893 |
Total of all active and inactive participants | 2022-01-01 | 23,198 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 17 |
Total participants | 2022-01-01 | 23,215 |
Number of participants with account balances | 2022-01-01 | 6,186 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 72 |
2021: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 19,624 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 15,648 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 94 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 1,610 |
Total of all active and inactive participants | 2021-01-01 | 17,352 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 17 |
Total participants | 2021-01-01 | 17,369 |
Number of participants with account balances | 2021-01-01 | 5,890 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 147 |
2020: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 32,452 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 17,892 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 1,686 |
Total of all active and inactive participants | 2020-01-01 | 19,578 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 46 |
Total participants | 2020-01-01 | 19,624 |
Number of participants with account balances | 2020-01-01 | 5,710 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 149 |
2019: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2019 401k membership | ||
Total participants, beginning-of-year | 2019-01-01 | 28,512 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 22,345 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 1,577 |
Total of all active and inactive participants | 2019-01-01 | 23,922 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 42 |
Total participants | 2019-01-01 | 23,964 |
Number of participants with account balances | 2019-01-01 | 5,948 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 165 |
2018: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2018 401k membership | ||
Total participants, beginning-of-year | 2018-01-01 | 30,463 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 23,999 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 1,345 |
Total of all active and inactive participants | 2018-01-01 | 25,344 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 36 |
Total participants | 2018-01-01 | 25,380 |
Number of participants with account balances | 2018-01-01 | 6,076 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 160 |
2017: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2017 401k membership | ||
Total participants, beginning-of-year | 2017-01-01 | 23,244 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 24,958 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 1,226 |
Total of all active and inactive participants | 2017-01-01 | 26,184 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 35 |
Total participants | 2017-01-01 | 26,219 |
Number of participants with account balances | 2017-01-01 | 6,252 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 236 |
2016: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2016 401k membership | ||
Total participants, beginning-of-year | 2016-01-01 | 21,343 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 21,992 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 1,217 |
Total of all active and inactive participants | 2016-01-01 | 23,209 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 35 |
Total participants | 2016-01-01 | 23,244 |
Number of participants with account balances | 2016-01-01 | 6,613 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 221 |
2015: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2015 401k membership | ||
Total participants, beginning-of-year | 2015-01-01 | 22,363 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 20,398 |
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 | 926 |
Total of all active and inactive participants | 2015-01-01 | 21,324 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 19 |
Total participants | 2015-01-01 | 21,343 |
Number of participants with account balances | 2015-01-01 | 5,154 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 165 |
2014: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2014 401k membership | ||
Total participants, beginning-of-year | 2014-01-01 | 21,962 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 21,500 |
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 | 845 |
Total of all active and inactive participants | 2014-01-01 | 22,345 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 18 |
Total participants | 2014-01-01 | 22,363 |
Number of participants with account balances | 2014-01-01 | 5,183 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 173 |
2013: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2013 401k membership | ||
Total participants, beginning-of-year | 2013-01-01 | 21,304 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 21,161 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 785 |
Total of all active and inactive participants | 2013-01-01 | 21,946 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 16 |
Total participants | 2013-01-01 | 21,962 |
Number of participants with account balances | 2013-01-01 | 5,239 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 154 |
2012: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2012 401k membership | ||
Total participants, beginning-of-year | 2012-01-01 | 18,747 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 20,499 |
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 | 798 |
Total of all active and inactive participants | 2012-01-01 | 21,297 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 7 |
Total participants | 2012-01-01 | 21,304 |
Number of participants with account balances | 2012-01-01 | 5,115 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 154 |
2011: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2011 401k membership | ||
Total participants, beginning-of-year | 2011-01-01 | 19,921 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 17,689 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 10 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 1,047 |
Total of all active and inactive participants | 2011-01-01 | 18,746 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 1 |
Total participants | 2011-01-01 | 18,747 |
Number of participants with account balances | 2011-01-01 | 4,709 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 50 |
2009: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 20,550 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 19,006 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 10 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 713 |
Total of all active and inactive participants | 2009-01-01 | 19,729 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
Total participants | 2009-01-01 | 19,729 |
Number of participants with account balances | 2009-01-01 | 3,781 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 134 |
Measure | Date | Value |
---|---|---|
2022 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2022 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-16,538,548 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $31,118,452 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $30,561,974 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $24,319 |
Value of total corrective distributions | 2022-12-31 | $195,389 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $34,472,935 |
Value of total assets at end of year | 2022-12-31 | $268,177,032 |
Value of total assets at beginning of year | 2022-12-31 | $315,834,032 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $336,770 |
Total interest from all sources | 2022-12-31 | $189,924 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $8,699,284 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $8,699,284 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $19,979,544 |
Participant contributions at end of year | 2022-12-31 | $4,111,025 |
Participant contributions at beginning of year | 2022-12-31 | $3,782,164 |
Participant contributions at beginning of year | 2022-12-31 | $655,544 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $5,421,929 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $41,768 |
Other income not declared elsewhere | 2022-12-31 | $204,259 |
Administrative expenses (other) incurred | 2022-12-31 | $336,770 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-47,657,000 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $268,177,032 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $315,834,032 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $230,855,814 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $281,072,583 |
Interest on participant loans | 2022-12-31 | $189,924 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $33,210,193 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $30,007,428 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-60,613,822 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $508,872 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $9,071,462 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $316,313 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $30,520,206 |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2022-12-31 | 346565596 |
2021 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2021 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $73,932,771 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $27,939,979 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $27,583,690 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $50,827 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $31,043,140 |
Value of total assets at end of year | 2021-12-31 | $315,834,032 |
Value of total assets at beginning of year | 2021-12-31 | $269,841,240 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $305,462 |
Total interest from all sources | 2021-12-31 | $202,324 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $11,623,305 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $11,623,305 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $18,567,065 |
Participant contributions at end of year | 2021-12-31 | $3,782,164 |
Participant contributions at beginning of year | 2021-12-31 | $4,753,338 |
Participant contributions at end of year | 2021-12-31 | $655,544 |
Participant contributions at beginning of year | 2021-12-31 | $523,687 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $3,792,625 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $214 |
Other income not declared elsewhere | 2021-12-31 | $41,728 |
Administrative expenses (other) incurred | 2021-12-31 | $305,462 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $45,992,792 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $315,834,032 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $269,841,240 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $281,072,583 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $169,999,580 |
Interest on participant loans | 2021-12-31 | $202,324 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $30,007,428 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $94,384,391 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $30,598,701 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $423,573 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $8,683,450 |
Employer contributions (assets) at end of year | 2021-12-31 | $316,313 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $180,244 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $27,583,476 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2021-12-31 | 346565596 |
2020 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2020 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $61,825,644 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $59,195,227 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $58,533,542 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $10,112 |
Value of total corrective distributions | 2020-12-31 | $2,598 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $21,202,170 |
Value of total assets at end of year | 2020-12-31 | $269,841,240 |
Value of total assets at beginning of year | 2020-12-31 | $267,210,823 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $648,975 |
Total interest from all sources | 2020-12-31 | $262,297 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $7,255,736 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $7,255,736 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $14,488,326 |
Participant contributions at end of year | 2020-12-31 | $4,753,338 |
Participant contributions at beginning of year | 2020-12-31 | $5,378,214 |
Participant contributions at end of year | 2020-12-31 | $523,687 |
Participant contributions at beginning of year | 2020-12-31 | $318 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,844,995 |
Administrative expenses (other) incurred | 2020-12-31 | $558,975 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $1,578 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $2,630,417 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $269,841,240 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $267,210,823 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $90,000 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $169,999,580 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $168,185,637 |
Interest on participant loans | 2020-12-31 | $262,297 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $94,384,391 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $93,644,961 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $23,955,562 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $9,149,879 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $4,868,849 |
Employer contributions (assets) at end of year | 2020-12-31 | $180,244 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $115 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $58,533,542 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2020-12-31 | 346565596 |
2019 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2019 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $71,637,212 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $33,205,054 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $32,629,452 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $187 |
Value of total corrective distributions | 2019-12-31 | $48,616 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $21,753,927 |
Value of total assets at end of year | 2019-12-31 | $267,210,823 |
Value of total assets at beginning of year | 2019-12-31 | $228,778,665 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $526,799 |
Total interest from all sources | 2019-12-31 | $263,766 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $7,276,648 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $7,276,648 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $15,120,314 |
Participant contributions at end of year | 2019-12-31 | $5,378,214 |
Participant contributions at beginning of year | 2019-12-31 | $5,176,977 |
Participant contributions at end of year | 2019-12-31 | $318 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $1,612,730 |
Administrative expenses (other) incurred | 2019-12-31 | $486,799 |
Total non interest bearing cash at end of year | 2019-12-31 | $1,578 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $1,473 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $38,432,158 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $267,210,823 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $228,778,665 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $40,000 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $168,185,637 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $140,428,900 |
Interest on participant loans | 2019-12-31 | $263,766 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $93,644,961 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $83,171,315 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $30,665,960 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $11,676,911 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $5,020,883 |
Employer contributions (assets) at end of year | 2019-12-31 | $115 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $32,629,452 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2019-12-31 | 346565596 |
2018 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2018 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $10,923,874 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $28,053,136 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $27,320,774 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $118,360 |
Value of total corrective distributions | 2018-12-31 | $22,708 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $22,144,837 |
Value of total assets at end of year | 2018-12-31 | $228,778,665 |
Value of total assets at beginning of year | 2018-12-31 | $245,907,927 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $591,294 |
Total interest from all sources | 2018-12-31 | $243,541 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $8,226,588 |
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 | $8,226,588 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $15,705,779 |
Participant contributions at end of year | 2018-12-31 | $5,176,977 |
Participant contributions at beginning of year | 2018-12-31 | $5,257,222 |
Participant contributions at end of year | 2018-12-31 | $0 |
Participant contributions at beginning of year | 2018-12-31 | $359 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $1,219,114 |
Administrative expenses (other) incurred | 2018-12-31 | $571,294 |
Total non interest bearing cash at end of year | 2018-12-31 | $1,473 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $2,912 |
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 |
Value of net income/loss | 2018-12-31 | $-17,129,262 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $228,778,665 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $245,907,927 |
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 |
Investment advisory and management fees | 2018-12-31 | $20,000 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $140,428,900 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $156,317,964 |
Interest on participant loans | 2018-12-31 | $243,541 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $83,171,315 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $84,329,421 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-16,956,453 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-2,734,639 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $5,219,944 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $49 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $27,320,774 |
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 |
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 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2018-12-31 | 346565596 |
2017 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2017 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $54,670,703 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $24,036,841 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $23,379,739 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $14,404 |
Value of total corrective distributions | 2017-12-31 | $42,929 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $19,927,781 |
Value of total assets at end of year | 2017-12-31 | $245,907,927 |
Value of total assets at beginning of year | 2017-12-31 | $215,274,065 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $599,769 |
Total interest from all sources | 2017-12-31 | $210,654 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $8,423,409 |
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 | $8,423,409 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
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 | $13,997,708 |
Participant contributions at end of year | 2017-12-31 | $5,257,222 |
Participant contributions at beginning of year | 2017-12-31 | $5,334,073 |
Participant contributions at end of year | 2017-12-31 | $359 |
Participant contributions at beginning of year | 2017-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $1,212,207 |
Administrative expenses (other) incurred | 2017-12-31 | $519,769 |
Total non interest bearing cash at end of year | 2017-12-31 | $2,912 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $0 |
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 |
Value of net income/loss | 2017-12-31 | $30,633,862 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $245,907,927 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $215,274,065 |
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 |
Investment advisory and management fees | 2017-12-31 | $80,000 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $156,317,964 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $135,468,770 |
Interest on participant loans | 2017-12-31 | $210,654 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $84,329,421 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $74,161,434 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $18,246,718 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $7,862,141 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
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 |
Contributions received in cash from employer | 2017-12-31 | $4,717,866 |
Employer contributions (assets) at end of year | 2017-12-31 | $49 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $309,788 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $23,379,739 |
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 |
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 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2017-12-31 | 346565596 |
2016 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2016 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total transfer of assets to this plan | 2016-12-31 | $37,588,526 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $31,940,955 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $21,806,548 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $21,178,469 |
Value of total corrective distributions | 2016-12-31 | $184,864 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $19,925,710 |
Value of total assets at end of year | 2016-12-31 | $215,274,065 |
Value of total assets at beginning of year | 2016-12-31 | $167,551,132 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $443,215 |
Total interest from all sources | 2016-12-31 | $209,583 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $5,797,506 |
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 | $5,797,506 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
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 | $13,777,207 |
Participant contributions at end of year | 2016-12-31 | $5,334,073 |
Participant contributions at beginning of year | 2016-12-31 | $5,269,715 |
Participant contributions at end of year | 2016-12-31 | $0 |
Participant contributions at beginning of year | 2016-12-31 | $1,022 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $1,246,841 |
Administrative expenses (other) incurred | 2016-12-31 | $363,215 |
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 |
Value of net income/loss | 2016-12-31 | $10,134,407 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $215,274,065 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $167,551,132 |
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 |
Investment advisory and management fees | 2016-12-31 | $80,000 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $135,468,770 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $86,761,490 |
Interest on participant loans | 2016-12-31 | $209,583 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $74,161,434 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $75,518,544 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $3,010,305 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $2,997,851 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
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 |
Contributions received in cash from employer | 2016-12-31 | $4,901,662 |
Employer contributions (assets) at end of year | 2016-12-31 | $309,788 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $361 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $21,178,469 |
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 |
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 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2016-12-31 | 346565596 |
2015 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2015 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $17,541,824 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $18,131,232 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $17,879,571 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $19,706 |
Value of total corrective distributions | 2015-12-31 | $78,502 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $18,686,461 |
Value of total assets at end of year | 2015-12-31 | $167,551,132 |
Value of total assets at beginning of year | 2015-12-31 | $168,140,540 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $153,453 |
Total interest from all sources | 2015-12-31 | $222,497 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $5,870,651 |
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 | $5,870,651 |
Administrative expenses professional fees incurred | 2015-12-31 | $4,886 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
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 | $13,088,305 |
Participant contributions at end of year | 2015-12-31 | $5,269,715 |
Participant contributions at beginning of year | 2015-12-31 | $5,933,288 |
Participant contributions at end of year | 2015-12-31 | $1,022 |
Participant contributions at beginning of year | 2015-12-31 | $412,168 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $1,120,803 |
Administrative expenses (other) incurred | 2015-12-31 | $67,235 |
Total non interest bearing cash at end of year | 2015-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $7,387 |
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 |
Value of net income/loss | 2015-12-31 | $-589,408 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $167,551,132 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $168,140,540 |
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 |
Investment advisory and management fees | 2015-12-31 | $81,332 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $86,761,490 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $90,323,049 |
Interest on participant loans | 2015-12-31 | $222,497 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $75,518,544 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $71,314,099 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-7,461,249 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $223,464 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
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 |
Contributions received in cash from employer | 2015-12-31 | $4,477,353 |
Employer contributions (assets) at end of year | 2015-12-31 | $361 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $150,549 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $17,879,571 |
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 |
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 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2015-12-31 | 346565596 |
2014 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2014 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $25,719,569 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $18,679,973 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $18,452,162 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $18,879 |
Value of total corrective distributions | 2014-12-31 | $49,925 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $16,673,350 |
Value of total assets at end of year | 2014-12-31 | $168,140,540 |
Value of total assets at beginning of year | 2014-12-31 | $161,100,944 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $159,007 |
Total interest from all sources | 2014-12-31 | $190,340 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $6,907,919 |
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 | $6,907,919 |
Administrative expenses professional fees incurred | 2014-12-31 | $6,967 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
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 | $11,868,461 |
Participant contributions at end of year | 2014-12-31 | $5,933,288 |
Participant contributions at beginning of year | 2014-12-31 | $5,155,459 |
Participant contributions at end of year | 2014-12-31 | $412,168 |
Participant contributions at beginning of year | 2014-12-31 | $1,649 |
Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $762,539 |
Administrative expenses (other) incurred | 2014-12-31 | $63,778 |
Total non interest bearing cash at end of year | 2014-12-31 | $7,387 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $0 |
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 |
Value of net income/loss | 2014-12-31 | $7,039,596 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $168,140,540 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $161,100,944 |
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 |
Investment advisory and management fees | 2014-12-31 | $88,262 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $90,323,049 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $88,884,389 |
Interest on participant loans | 2014-12-31 | $190,340 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $71,314,099 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $67,058,640 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $-2,157,449 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $4,105,409 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
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 |
Contributions received in cash from employer | 2014-12-31 | $4,042,350 |
Employer contributions (assets) at end of year | 2014-12-31 | $150,549 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $807 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $18,452,162 |
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 |
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 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2014-12-31 | 346565596 |
2013 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2013 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $37,377,146 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $15,740,327 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $15,279,917 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $5,892 |
Value of total corrective distributions | 2013-12-31 | $309,878 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $16,627,904 |
Value of total assets at end of year | 2013-12-31 | $161,100,944 |
Value of total assets at beginning of year | 2013-12-31 | $139,464,125 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $144,640 |
Total interest from all sources | 2013-12-31 | $186,264 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $2,652,051 |
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 | $2,652,051 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $11,537,313 |
Participant contributions at end of year | 2013-12-31 | $5,155,459 |
Participant contributions at beginning of year | 2013-12-31 | $4,607,127 |
Participant contributions at end of year | 2013-12-31 | $1,649 |
Participant contributions at beginning of year | 2013-12-31 | $379,759 |
Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $14,090,704 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $968,659 |
Administrative expenses (other) incurred | 2013-12-31 | $43,025 |
Total non interest bearing cash at end of year | 2013-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $146 |
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 |
Value of net income/loss | 2013-12-31 | $21,636,819 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $161,100,944 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $139,464,125 |
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 |
Investment advisory and management fees | 2013-12-31 | $101,615 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $88,884,389 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $76,226,818 |
Interest on participant loans | 2013-12-31 | $186,264 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $67,058,640 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $44,021,985 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $11,079,248 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $6,831,679 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
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 |
Contributions received in cash from employer | 2013-12-31 | $4,121,932 |
Employer contributions (assets) at end of year | 2013-12-31 | $807 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $137,586 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $15,279,917 |
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 |
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 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2013-12-31 | 346565596 |
2012 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2012 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $29,709,600 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $14,568,534 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $14,289,302 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $10,820 |
Value of total corrective distributions | 2012-12-31 | $125,879 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $15,893,948 |
Value of total assets at end of year | 2012-12-31 | $139,464,125 |
Value of total assets at beginning of year | 2012-12-31 | $124,323,059 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $142,533 |
Total interest from all sources | 2012-12-31 | $170,254 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $2,484,811 |
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 | $2,484,811 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $500,000 |
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 | $10,797,781 |
Participant contributions at end of year | 2012-12-31 | $4,607,127 |
Participant contributions at beginning of year | 2012-12-31 | $4,277,888 |
Participant contributions at end of year | 2012-12-31 | $379,759 |
Participant contributions at beginning of year | 2012-12-31 | $331,967 |
Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $14,090,704 |
Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $12,993,327 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $1,145,068 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $49,662 |
Other income not declared elsewhere | 2012-12-31 | $2,000,369 |
Administrative expenses (other) incurred | 2012-12-31 | $50,750 |
Total non interest bearing cash at end of year | 2012-12-31 | $146 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $161 |
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 |
Value of net income/loss | 2012-12-31 | $15,141,066 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $139,464,125 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $124,323,059 |
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 |
Investment advisory and management fees | 2012-12-31 | $91,783 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $76,226,818 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $65,854,676 |
Interest on participant loans | 2012-12-31 | $170,254 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $44,021,985 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $40,691,075 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $7,276,083 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $1,884,135 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $3,951,099 |
Employer contributions (assets) at end of year | 2012-12-31 | $137,586 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $124,303 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $14,289,302 |
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 |
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 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2012-12-31 | 346565596 |
2011 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2011 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $12,015,005 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $11,786,816 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $11,654,812 |
Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $8,725 |
Value of total corrective distributions | 2011-12-31 | $436 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $13,674,765 |
Value of total assets at end of year | 2011-12-31 | $124,323,059 |
Value of total assets at beginning of year | 2011-12-31 | $124,094,870 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $122,843 |
Total interest from all sources | 2011-12-31 | $187,703 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $1,215,366 |
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 | $1,215,366 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $500,000 |
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 | $9,923,462 |
Participant contributions at end of year | 2011-12-31 | $4,277,888 |
Participant contributions at beginning of year | 2011-12-31 | $4,625,512 |
Participant contributions at end of year | 2011-12-31 | $331,967 |
Participant contributions at beginning of year | 2011-12-31 | $300,507 |
Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $12,993,327 |
Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $13,024,032 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $383,813 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $49,662 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $53,666 |
Other income not declared elsewhere | 2011-12-31 | $227,853 |
Administrative expenses (other) incurred | 2011-12-31 | $36,750 |
Total non interest bearing cash at end of year | 2011-12-31 | $161 |
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 |
Value of net income/loss | 2011-12-31 | $228,189 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $124,323,059 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $124,094,870 |
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 |
Investment advisory and management fees | 2011-12-31 | $86,093 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $65,854,676 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $68,975,440 |
Interest on participant loans | 2011-12-31 | $187,703 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $40,691,075 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $37,004,579 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-3,940,813 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $650,131 |
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 |
Contributions received in cash from employer | 2011-12-31 | $3,367,490 |
Employer contributions (assets) at end of year | 2011-12-31 | $124,303 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $111,134 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $11,654,812 |
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 |
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 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2011-12-31 | 346565596 |
2010 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2010 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $25,461,587 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $12,752,124 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $12,564,461 |
Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $1,024 |
Value of total corrective distributions | 2010-12-31 | $34,780 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $12,675,059 |
Value of total assets at end of year | 2010-12-31 | $124,094,870 |
Value of total assets at beginning of year | 2010-12-31 | $111,385,407 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $151,859 |
Total interest from all sources | 2010-12-31 | $217,285 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $1,296,006 |
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 | $1,296,006 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $8,607,704 |
Participant contributions at end of year | 2010-12-31 | $4,625,512 |
Participant contributions at beginning of year | 2010-12-31 | $4,234,917 |
Participant contributions at end of year | 2010-12-31 | $300,507 |
Participant contributions at beginning of year | 2010-12-31 | $260,886 |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $13,024,032 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $10,990,334 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $1,158,199 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $53,666 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $43,623 |
Other income not declared elsewhere | 2010-12-31 | $1,693,546 |
Administrative expenses (other) incurred | 2010-12-31 | $58,334 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $117 |
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 | $12,709,463 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $124,094,870 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $111,385,407 |
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 | $93,525 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $68,975,440 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $57,541,566 |
Interest on participant loans | 2010-12-31 | $217,285 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $37,004,579 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $38,220,577 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $7,783,810 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $1,795,881 |
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 | Yes |
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 | $2,909,156 |
Employer contributions (assets) at end of year | 2010-12-31 | $111,134 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $93,387 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $12,564,461 |
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 |
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 | ERNST & YOUNG LLP |
Accountancy firm EIN | 2010-12-31 | 346565596 |
2009 : MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2009 401k financial data | ||
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
2022: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | No |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | No |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
2019: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2019 form 5500 responses | ||
2019-01-01 | Type of plan entity | Single employer plan |
2019-01-01 | Submission has been amended | No |
2019-01-01 | This submission is the final filing | No |
2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2019-01-01 | Plan is a collectively bargained plan | No |
2019-01-01 | Plan funding arrangement – Trust | Yes |
2019-01-01 | Plan benefit arrangement - Trust | Yes |
2018: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2018 form 5500 responses | ||
2018-01-01 | Type of plan entity | Single employer plan |
2018-01-01 | Submission has been amended | No |
2018-01-01 | This submission is the final filing | No |
2018-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2018-01-01 | Plan is a collectively bargained plan | No |
2018-01-01 | Plan funding arrangement – Trust | Yes |
2018-01-01 | Plan benefit arrangement - Trust | Yes |
2017: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2017 form 5500 responses | ||
2017-01-01 | Type of plan entity | Single employer plan |
2017-01-01 | Submission has been amended | No |
2017-01-01 | This submission is the final filing | No |
2017-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2017-01-01 | Plan is a collectively bargained plan | No |
2017-01-01 | Plan funding arrangement – Trust | Yes |
2017-01-01 | Plan benefit arrangement - Trust | Yes |
2016: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2016 form 5500 responses | ||
2016-01-01 | Type of plan entity | Single employer plan |
2016-01-01 | Submission has been amended | No |
2016-01-01 | This submission is the final filing | No |
2016-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2016-01-01 | Plan is a collectively bargained plan | No |
2016-01-01 | Plan funding arrangement – Trust | Yes |
2016-01-01 | Plan benefit arrangement - Trust | Yes |
2015: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2015 form 5500 responses | ||
2015-01-01 | Type of plan entity | Single employer plan |
2015-01-01 | Submission has been amended | No |
2015-01-01 | This submission is the final filing | No |
2015-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2015-01-01 | Plan is a collectively bargained plan | No |
2015-01-01 | Plan funding arrangement – Trust | Yes |
2015-01-01 | Plan benefit arrangement - Trust | Yes |
2014: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2014 form 5500 responses | ||
2014-01-01 | Type of plan entity | Single employer plan |
2014-01-01 | Submission has been amended | No |
2014-01-01 | This submission is the final filing | No |
2014-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2014-01-01 | Plan is a collectively bargained plan | No |
2014-01-01 | Plan funding arrangement – Trust | Yes |
2014-01-01 | Plan benefit arrangement - Trust | Yes |
2013: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2013 form 5500 responses | ||
2013-01-01 | Type of plan entity | Single employer plan |
2013-01-01 | Submission has been amended | No |
2013-01-01 | This submission is the final filing | No |
2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2013-01-01 | Plan is a collectively bargained plan | No |
2013-01-01 | Plan funding arrangement – Trust | Yes |
2013-01-01 | Plan benefit arrangement - Trust | Yes |
2012: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2012 form 5500 responses | ||
2012-01-01 | Type of plan entity | Single employer plan |
2012-01-01 | Submission has been amended | No |
2012-01-01 | This submission is the final filing | No |
2012-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2012-01-01 | Plan is a collectively bargained plan | No |
2012-01-01 | Plan funding arrangement – Trust | Yes |
2012-01-01 | Plan benefit arrangement - Trust | Yes |
2011: MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN 2011 form 5500 responses | ||
2011-01-01 | Type of plan entity | Single employer plan |
2011-01-01 | Submission has been amended | No |
2011-01-01 | This submission is the final filing | No |
2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2011-01-01 | Plan is a collectively bargained plan | No |
2011-01-01 | Plan funding arrangement – Trust | Yes |
2011-01-01 | Plan benefit arrangement - Trust | Yes |
2009: MICHAELS STORES, INC. EMPLOYEES 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 |