401(k) · DOL Form 5500 · 2022

Schmitt Management Corporation 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
426
Participants Below avg headcount
63rd
Percentile by assets National rank
$21,618
Avg per participant Low balance/head
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Official DOL plan name: Schmitt McDonald's 401(k) Plan · Sponsored by Schmitt Management Corporation · Illinois · Food Services & Accommodation

$9M in assets, 426 participants

Schmitt Management Corporation's Schmitt McDonald's 401(k) Plan reported $9M in total assets and 426 participants in its 2022 DOL Form 5500 filing, ranking in the 63rd 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.

  • #4,073 in Food Services & Accommodation (4,592 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Schmitt McDonald's 401(k) Plan ranks #4,073 of 4,592 2022 filers by assets (212% of the sector average)-$9M for 426 participants.

#4,073
in Food Services & Accommodation (4,592 peers)
-23.2%
assets change YoY

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.

Schmitt McDonald's 401(k) Plan's mid-pack asset rank among Food Services & Accommodation and all filers

Schmitt McDonald's 401(k) Plan vs every filed plan by assets

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

$9,209,461 Top 37% higher than 63% 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

Schmitt McDonald's 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schmitt McDonald's 401(k) Plan sits mid-pack in the medium band (426 participants).

Plan-year Form 5500 strip

Filing strip 363503402 · Schmitt Management Corporation PY 2022 · 401(k)

Schmitt McDonald's 401(k) Plan · $9M · 426 · 63rd

  • RANK $9M
  • RANK 426
  • RANK 63rd
  • RANK 401(k)
  • RANK near The Everglades Club, Inc. 401(k) Plan
  • RANK ind #4073

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 Food Services & Accommodation retirement plans → · Plans in Illinois →

Schmitt McDonald's 401(k) Plan in the asset neighbourhood

Schmitt McDonald's 401(k) PlanSchmitt McDonald's 401(k) Pl…$9MThe Everglades Club, Inc. 401(k) PlanThe Everglades Club, Inc. 40…$9MProgram Planning Professionals Inc 401(k) PlanProgram Planning Professiona…$9MA.C.T. Lighting, Inc. 401(k) Retirement Savings PlanA.C.T. Lighting, Inc. 401(k)…$9MTribe513, PA 401(k) Retirement PlanTribe513, PA 401(k) Retireme…$9M
End-of-year total assets ($M) among Schmitt McDonald's 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$9M
Net Income-$3M
Employer EIN363503402
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schmitt Management Corporation)

Sponsor-wide plan assets over time

All Schmitt Management Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$7M 27.53672554778179% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $9.21M $6.67M ▼ -27.6%
Year Plans Participants Total Assets
2022 1 426 $9M
2023 1 470 $11M
2024 1 427 $7M

Nearby 401(k) Plans in Illinois

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

Schmitt McDonald's 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Schmitt McDonald's 401(k) Plan, Total assets ($B): 0.009209461 · Participants: 426Schmitt McDonald's 401(k) PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Schmitt McDonald's 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Schmitt McDonald's 401(k) Plan side-by-side with 3 peers →

Schmitt McDonald's 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is The Everglades Club, Inc. 401(k) Plan in FL ($9M); by covered participants it is Park 100 Foods 401(k) Savings Plan in IN (426 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (426 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 Schmitt McDonald's 401(k) Plan assets move in 2022? ▼
Schmitt McDonald's 401(k) Plan declined sharply - down 23.2% during 2022, from $12M to $9M. Reported net income was -$3M.
How have Schmitt Management Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schmitt Management Corporation's sponsor-wide assets declined 27.5%, from $9M to $7M.
Which 401(k) plans are similar in size to Schmitt McDonald's 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Everglades Club, Inc. 401(k) Plan in FL ($9M, 153 participants).
Which 401(k) plans cover a similar participant headcount to Schmitt McDonald's 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Park 100 Foods 401(k) Savings Plan in IN (426 participants, $17M 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 363503402.

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.