401(k) · DOL Form 5500 · 2022

Smith Schafer and Associates, Ltd. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
99
Participants Small participant base
80th
Percentile by assets National rank
$240,469
Avg per participant Above avg balance/head
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Official DOL plan name: Smith Schafer and Associates, Ltd. 401(k) Plan and Trust · Sponsored by Smith Schafer and Associates, Ltd. · Minnesota · Professional & Technical Services

$24M in assets, 99 participants

Smith Schafer and Associates, Ltd.'s Smith Schafer and Associates, Ltd. 401(k) Plan and Trust reported $24M in total assets and 99 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #17,278 in Professional & Technical Services (21,562 peers)

Where Smith Schafer and Associates, Ltd. 401(k) Plan and Trust sits by assets

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust sits in the top quartile of all filed plans by assets, $24M for 99 participants (~$240,469/participant), down 10.0% in 2022.

#17,278
in Professional & Technical Services (21,562 peers)
-10.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust's outsized position by total assets

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust vs every filed plan by assets

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

$23,806,427 Top 20% higher than 80% 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

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Smith Schafer and Associates, Ltd. 401(k) Plan and Trust is a small filing (99 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 411489071 · Smith Schafer and Associates, Ltd. PY 2022 · 401(k)

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust · $24M · 99 · 80th

  • RANK $24M
  • PHOTO 99
  • IND 80th
  • EOY 401(k)
  • 5500 near Iq Credit Union 401(k) Plan
  • ASSETS ind #17278

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust in the asset neighbourhood

Smith Schafer and Associates, Ltd. 401(k) Plan and TrustSmith Schafer and Associates…$24MIq Credit Union 401(k) Plan$24MIowa Bankers Insurance & Services, Inc. 401(k) Plan & TrustIowa Bankers Insurance & Ser…$24MCommercial Credit Group Inc. 401(k) PlanCommercial Credit Group Inc.…$24MFrilot L.L.C.401(k) Retirement PlanFrilot L.L.C.401(k) Retireme…$24M
End-of-year total assets ($M) among Smith Schafer and Associates, Ltd. 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$24M
Net Income-$3M
Employer EIN411489071
Plan Effective Date1991-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith Schafer and Associates, Ltd.)

Sponsor-wide plan assets over time

All Smith Schafer and Associates, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 26.3333384720017% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $23.8M $30.1M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 99 $24M
2023 1 105 $26M
2024 1 112 $30M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Smith Schafer and Associates, Ltd. 401(k) Plan and Trust, Total assets ($B): 0.023806427 · Participants: 99Smith Schafer and Associates, Ltd. 401(k) Plan and TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Smith Schafer and Associates, Ltd. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Iq Credit Union 401(k) Plan in WA ($24M); by covered participants it is Osco 401(k) Plan in OH (99 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (99 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 Smith Schafer and Associates, Ltd. 401(k) Plan and Trust assets move in 2022?
Smith Schafer and Associates, Ltd. 401(k) Plan and Trust pulled back noticeably - down 10.0% during 2022, from $26M to $24M. Reported net income was -$3M.
How have Smith Schafer and Associates, Ltd. plan assets changed over time?
Across 3 plan years on file (2022-2024), Smith Schafer and Associates, Ltd.'s sponsor-wide assets grew 26.3%, from $24M to $30M.
Where does Smith Schafer and Associates, Ltd. 401(k) Plan and Trust rank by assets among Form 5500 filers?
Smith Schafer and Associates, Ltd. 401(k) Plan and Trust ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Smith Schafer and Associates, Ltd. 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Iq Credit Union 401(k) Plan in WA ($24M, 315 participants).
Which 401(k) plans cover a similar participant headcount to Smith Schafer and Associates, Ltd. 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Osco 401(k) Plan in OH (99 participants, $15M in assets).