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Sponsor portfolioWelfare / HealthEIN 75-1943604

MICHAELS STORES, INC.

3939 WEST JOHN CARPENTER FREEWAY · IRVING, TX 75063
9724091300
Plans filed
1
Years active
2016–2025
Industry
NAICS 45
Latest filing
2025
Total premiums (latest)
$9.2M
No prior year
Persons covered
33,384
No prior year
Total participants
37,242
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$9.2M
MICHAELS STORES, INC. EMPLOYEE BENEFIT PLAN
Fully insured33,384 covered·6 carriers
Primary: KAISER FOUNDATION HEALTH PLAN, INC.

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$3.9M28.5%
Prescription drug$3.9M28.5%
Other$1.7M12.8%
Life$1.6M11.6%
Long-term disability$1.1M8.4%
Vision$689K5.1%
Short-term disability$386K2.9%
Dental$312K2.3%

Carrier overview

6 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
RELIANCE STANDARD LIFE INSURANCE COMPANY
EIN 360883760
LSTDLTDOth
$4.2M45.5%1119,435
KAISER FOUNDATION HEALTH PLAN INC
EIN 941340523
HRx
$3.9M42.1%12339
FIDELITY SECURITY LIFE INSURANCE COMPANY
EIN 430949844
V
$689K7.5%128,479
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
DOth
$312K3.4%112,246
AETNA LIFE INSURANCE COMPANY
EIN 200446713
Oth
$109K1.2%1133,384
HEALTH AND HUMAN RESOURCE CENTER
EIN 330052273
Oth
$27K0.3%111,297

Broker overview

1 broker · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MERCER HEALTH AND BENEFITS, LLCCHICAGO, ILRELIANCE STANDARD LIFE INSURANCE COMPANY$874K$54K$928K100.0%1

History & trajectory

10 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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