Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$3.9M
- Prescription drug$3.9M
- Other$1.7M
- Life$1.6M
- Long-term disability$1.1M
- Vision$689K
- +2 more
Sponsor portfolioTH
MICHAELS STORES, INC.
EIN 75-1943604retailLatest filing 2025
Plans
2
Retirement
1
$337.2M assets
Welfare
1
$9.2M premiums
Participants
66,684
3939 WEST JOHN CARPENTER FREEWAY - IRVING, TX 75063972-409-1300michaelspressroom.comLinkedIn10001+ employeesretail
Plans on this EIN
2 filingsBenefits portfolio analytics
1 plan / $9.2M premiums / 33,384 covered livesCarrier market share
Premium dollars by Schedule A carrier
45%top
- RELIANCE STANDARD LIFE INSURANCE COMPANY45%
- KAISER FOUNDATION HEALTH PLAN INC42%
- FIDELITY SECURITY LIFE INSURANCE COMPANY8%
- CIGNA HEALTH AND LIFE INSURANCE COMPANY3%
- AETNA LIFE INSURANCE COMPANY1%
- +1 more
Broker market share
Schedule A broker compensation
100%top
- MERCER HEALTH AND BENEFITS, LLC100%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN
401k
Assets$337.2M
Participants29,442
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
MICHAELS STORES, INC. EMPLOYEE BENEFIT PLAN
Fully Insured - KAISER FOUNDATION HEALTH PLAN, INC.
Premiums$9.2M
Covered lives33,384
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | MICHAELS STORES, INC. EMPLOYEES 401(K) PLAN | 401k | $337.2M | 29,442 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | MICHAELS STORES, INC. EMPLOYEE BENEFIT PLAN | Fully Insured | KAISER FOUNDATION HEALTH PLAN, INC. | $9.2M | 33,384 | 2025 |
Retirement plans
Welfare plans