Defined Benefit (Pension) · DOL Form 5500 · 2022

Schmidt Financial Group, Inc. Pension Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
7
Participants Small participant base
28th
Percentile by assets National rank
$191,052
Avg per participant Above avg balance/head
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Official DOL plan name: Schmidt Financial Group, Inc. Pension Plan · Sponsored by Schmidt Financial Group, Inc. · Illinois · Finance & Insurance

$1M in assets, 7 participants

Schmidt Financial Group, Inc.'s Schmidt Financial Group, Inc. Pension Plan reported $1M in total assets and 7 participants in its 2022 DOL Form 5500 filing, ranking in the 28th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,754 in Finance & Insurance (9,261 peers)

Schmidt Financial Group, Inc. multi-year trail

Schmidt Financial Group, Inc.'s plans moved -60.8% in assets from 2022 to 2024; this filing shows Schmidt Financial Group, Inc. Pension Plan at $1M / 7 participants.

#1,754
in Finance & Insurance (9,261 peers)
-19.3%
assets change YoY

The plan reported a net loss of $320K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Schmidt Financial Group, Inc. Pension Plan among the smaller filed plans by assets

Schmidt Financial Group, Inc. Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,337,363 28th percentile higher than 28% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Schmidt Financial Group, Inc. Pension Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schmidt Financial Group, Inc. Pension Plan is a micro filing (7 participants), the leftmost band.

Plan-year Form 5500 strip

Filing strip 363622811 · Schmidt Financial Group, Inc. PY 2022 · Defined Benefit (Pension)

Schmidt Financial Group, Inc. Pension Plan · $1M · 7 · 28th

  • EBSA $1M
  • EBSA 7
  • EBSA 28th
  • EBSA Defined Benefit (Pension)
  • EBSA near Snail on a Razor Inc Defined Benefit Pension Plan
  • EBSA ind #1754

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Illinois →

Schmidt Financial Group, Inc. Pension Plan in the asset neighbourhood

Schmidt Financial Group, Inc. Pension PlanSchmidt Financial Group, Inc…$1MSnail on a Razor Inc Defined Benefit Pension PlanSnail on a Razor Inc Defined…$1MEmployees Retirement Plan of Roofers Local 8Employees Retirement Plan of…$1MConcession & Program Employees Local 468 Pension PlanConcession & Program Employe…$1MKing Yap, Inc. Defined Benefit Pension PlanKing Yap, Inc. Defined Benef…$1M
End-of-year total assets ($M) among Schmidt Financial Group, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Schmidt Financial Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Schmidt Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$524K 60.8392037165676% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M 202220232024 $1.34M $0.52M ▼ -61.2%
Year Plans Participants Total Assets
2022 1 7 $1M
2023 1 5 $1M
2024 1 5 $524K

Schmidt Financial Group, Inc. filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$320K
Employer EIN363622811
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Schmidt Financial Group, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Schmidt Financial Group, Inc. Pension Plan, Total assets ($B): 0.001337363 · Participants: 7Schmidt Financial Group, Inc. Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Schmidt Financial Group, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Schmidt Financial Group, Inc. Pension Plan side-by-side with 3 peers →

Schmidt Financial Group, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Snail on a Razor Inc Defined Benefit Pension Plan in CA ($1M); by covered participants it is Allied Lending Group, Inc. Defined Benefit Pension Plan in CA (7 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Schmidt Financial Group, Inc. Pension Plan assets move in 2022? ▼
Schmidt Financial Group, Inc. Pension Plan declined sharply - down 19.3% during 2022, from $2M to $1M. Reported net income was -$320K.
How have Schmidt Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schmidt Financial Group, Inc.'s sponsor-wide assets declined 60.8%, from $1M to $524K.
Which Defined Benefit (Pension) plans are similar in size to Schmidt Financial Group, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Snail on a Razor Inc Defined Benefit Pension Plan in CA ($1M, 1 participant).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Schmidt Financial Group, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Allied Lending Group, Inc. Defined Benefit Pension Plan in CA (7 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363622811.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.