401(k) · DOL Form 5500 · 2022

Schmidt Associates Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
103
Participants Small participant base
76th
Percentile by assets National rank
$184,404
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Schmidt Associates Inc. 401(k) and Profit Sharing Plan · Sponsored by Schmidt Associates Inc. · Indiana · Professional & Technical Services

$19M in assets, 103 participants

Schmidt Associates Inc.'s Schmidt Associates Inc. 401(k) and Profit Sharing Plan reported $19M in total assets and 103 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #16,530 in Professional & Technical Services (21,562 peers)

Coverage in Indiana

Schmidt Associates Inc. 401(k) and Profit Sharing Plan covers 103 participants in Indiana, about 19% of the average Indiana filer (state average ~541 per filing). Assets: $19M.

#16,530
in Professional & Technical Services (21,562 peers)
-21.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Schmidt Associates Inc. 401(k) and Profit Sharing Plan's outsized position by total assets

Schmidt Associates Inc. 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$18,993,615 Top 24% higher than 76% 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 Associates Inc. 401(k) and Profit Sharing 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. Schmidt Associates Inc. 401(k) and Profit Sharing Plan sits mid-pack in the medium band (103 participants).

EBSA filing schedule strip

Filing strip 351402312 · Schmidt Associates Inc. PY 2022 · 401(k)

Schmidt Associates Inc. 401(k) and Profit Sharing Plan · $19M · 103 · 76th

  • EIN $19M
  • EIN 103
  • EIN 76th
  • EIN 401(k)
  • EIN near Pearce Services, LLC 401(k) Profit Sharing Plan
  • EIN ind #16530

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 Indiana →

Schmidt Associates Inc. 401(k) and Profit Sharing Plan in the asset neighbourhood

Harper & Pearson Company Savings and Profit Sharing PlanHarper & Pearson Company Sav…$19MRba 401(k) Plan$19MSchmidt Associates Inc. 401(k) and Profit Sharing PlanSchmidt Associates Inc. 401(…$19MPearce Services, LLC 401(k) Profit Sharing PlanPearce Services, LLC 401(k) …$19MWebsterrogers LLP 401(k) Plan & TrustWebsterrogers LLP 401(k) Pla…$19M
End-of-year total assets ($M) among Schmidt Associates Inc. 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$19M
Net Income-$5M
Employer EIN351402312
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schmidt Associates Inc.)

Sponsor-wide plan assets over time

All Schmidt Associates Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 37.763358897187295% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19M $26.2M ▲ +37.8%
Year Plans Participants Total Assets
2022 1 103 $19M
2023 1 108 $21M
2024 1 116 $26M

Nearby 401(k) Plans in Indiana

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

Schmidt Associates Inc. 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Schmidt Associates Inc. 401(k) and Profit Sharing Plan, Total assets ($B): 0.018993615 · Participants: 103Schmidt Associates Inc. 401(k) and Profit Sharing PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Schmidt Associates Inc. 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Schmidt Associates Inc. 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Schmidt Associates Inc. 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Pearce Services, LLC 401(k) Profit Sharing Plan in CA ($19M); by covered participants it is Widen Enterprises LLC in WI (103 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (103 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 Associates Inc. 401(k) and Profit Sharing Plan assets move in 2022? ▼
Schmidt Associates Inc. 401(k) and Profit Sharing Plan declined sharply - down 21.1% during 2022, from $24M to $19M. Reported net income was -$5M.
How have Schmidt Associates Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schmidt Associates Inc.'s sponsor-wide assets grew 37.8%, from $19M to $26M.
Where does Schmidt Associates Inc. 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Schmidt Associates Inc. 401(k) and Profit Sharing Plan ranks in the 76th 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 Schmidt Associates Inc. 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pearce Services, LLC 401(k) Profit Sharing Plan in CA ($19M, 1,158 participants).
Which 401(k) plans cover a similar participant headcount to Schmidt Associates Inc. 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Widen Enterprises LLC in WI (103 participants, N/A 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 351402312.

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.