401(k) · DOL Form 5500 · 2022

Schmid Tool & Engineering Corp 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
123
Participants Small participant base
47th
Percentile by assets National rank
$33,615
Avg per participant Low balance/head
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Official DOL plan name: Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust · Sponsored by Schmid Tool & Engineering Corp · Illinois · Manufacturing

$4M in assets, 123 participants

Schmid Tool & Engineering Corp's Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust reported $4M in total assets and 123 participants in its 2022 DOL Form 5500 filing, ranking in the 47th 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.

  • #6,187 in Manufacturing (20,602 peers)

Coverage in Illinois

Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust covers 123 participants in Illinois, about 16% of the average Illinois filer (state average ~779 per filing). Assets: $4M.

#6,187
in Manufacturing (20,602 peers)
-1.5%
assets change YoY

The plan reported a net loss of $56K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust vs every filed plan by assets

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

$4,134,671 47th percentile higher than 47% 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

Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust 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. Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust sits mid-pack in the medium band (123 participants).

EBSA filing schedule strip

Filing strip 362061466 · Schmid Tool & Engineering Corp PY 2022 · 401(k)

Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust · $4M · 123 · 47th

  • PCT $4M
  • EIN 123
  • RANK 47th
  • PHOTO 401(k)
  • IND near Quality Branded 401(k)
  • EOY ind #6187

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 Manufacturing retirement plans → · Plans in Illinois →

Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust in the asset neighbourhood

Schmid Tool & Engineering Corp. Profit Sharing Plan and TrustSchmid Tool & Engineering Co…$4MQuality Branded 401(k)$4MCapp Electric Company, Inc. 401(k) PlanCapp Electric Company, Inc. …$4MHome Service Oil Company 401(k) PlanHome Service Oil Company 401…$4MMarket Express, LLC 401(k) PlanMarket Express, LLC 401(k) P…$4M
End-of-year total assets ($M) among Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$56K
Employer EIN362061466
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust, Total assets ($B): 0.004134671 · Participants: 123Schmid Tool & Engineering Corp. Profit Sharing Plan and TrustState 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
Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust side-by-side with 3 peers →

Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Quality Branded 401(k) in NY ($4M); by covered participants it is Employment Background Investigations, Inc. 401(k) Plan in MD (123 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (123 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 Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust assets move in 2022? ▼
Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust edged down modestly - down 1.5% during 2022, from $4M to $4M. Reported net income was -$56K.
Which 401(k) plans are similar in size to Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Quality Branded 401(k) in NY ($4M, 1,796 participants).
Which 401(k) plans cover a similar participant headcount to Schmid Tool & Engineering Corp. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Employment Background Investigations, Inc. 401(k) Plan in MD (123 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 362061466.

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.