Michels Corporation 401(k) Plan: Login, Facts & Contact Information

Michels Corporation 401(k) Plan Facts

Plan name
MICHELS CORPORATION 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MICHELS CORPORATION
Participants
3,604 (2,598 active employees)
Former employees with a balance
503
Plan assets
$276,019,901 at Dec 31, 2024
Average account balance
$100,152 across 2,756 accounts
Employer contributions
$7,498,987 in plan year 2024 (24% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 31, 1980
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $31.1 million went into the plan in contributions, $7.50 million of it from the employer (24%).
  • $24.4 million was paid out to participants.
  • Investment and other income added $32.6 million.
  • Administrative expenses were $244,957, about $89 per account.

How the Michels Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,117$155.2 million$5.07 million$11.1 million
20202,259$187.5 million$5.84 million$12.7 million
20212,345$224.7 million$6.19 million$14.7 million
20222,569$196.2 million$7.07 million$14.7 million
20233,116$236.9 million$7.36 million$22.3 million
20243,604$276.0 million$7.50 million$24.4 million

Michels Corporation 401(k) Contact Information

Phone
920-583-1484
Mailing address
817 W MAIN ST, BROWNSVILLE WI 53006
Plan sponsor
MICHELS CORPORATION
Plan administrator
MICHELS CORPORATION 401(K) INVESTMENT COMMITTEE
Employer identification number (EIN)
39-0970311
Plan number
002

Questions about the Michels Corporation 401(k)

Does Michels Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $7.50 million, 24% of all contributions.

Does the Michels Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Michels Corporation 401(k) plan?

3,604 participants at the start of plan year 2024, 2,598 of them active employees, and 503 former employees who still had money in the plan.

What is the average 401(k) balance at Michels Corporation?

About $100,152 per account: $276.0 million in plan assets across 2,756 accounts with a balance at the end of plan year 2024.

Who manages the Michels Corporation 401(k) accounts?

T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Michels Corporation. How do I access my 401(k)?

Your account stays with T. Rowe Price after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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