401(k) · DOL Form 5500 · 2023

Neal E. Schear 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
6
Participants Small participant base
35th
Percentile by assets National rank
$462,242
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Schear & Schear Profit Sharing Plan · Sponsored by Neal E. Schear · Ohio · Professional & Technical Services

$3M in assets, 6 participants

Neal E. Schear's Schear & Schear Profit Sharing Plan reported $3M in total assets and 6 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #6,355 in Professional & Technical Services (20,321 peers)

2023 asset change

Schear & Schear Profit Sharing Plan grew sharply 28.4% in 2023 ($2M → $3M) for 6 participants.

#6,355
in Professional & Technical Services (20,321 peers)
+28.4%
assets growth YoY

Schear & Schear Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Schear & Schear Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,773,452 35th percentile higher than 35% of 127,068 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 2023

Schear & Schear Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schear & Schear Profit Sharing Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Schear & Schear Profit Sharing Plan reported net income rose from -$471K in the plan year 2022 filing to $614K in the plan year 2023 filing.
  • Schear & Schear Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 311397714 · Neal E. Schear PY 2023 · 401(k)

Schear & Schear Profit Sharing Plan · $3M · 6 · 35th

  • SCH $3M
  • SCH 6
  • SCH 35th
  • SCH 401(k)
  • SCH near American Leak Detection Inc 401(k) Profit Sharing Plan
  • SCH ind #6355

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 Ohio →

Schear & Schear Profit Sharing Plan in the asset neighbourhood

Schear & Schear Profit Sharing PlanSchear & Schear Profit Shari…$3MAmerican Leak Detection Inc 401(k) Profit Sharing PlanAmerican Leak Detection Inc …$3MLocal 6346 United Steelworkers of America AFL-CIO, Clc 401(k) PlanLocal 6346 United Steelworke…$3MGarnsey Partners, LLC 401(k) PlanGarnsey Partners, LLC 401(k)…$3MFriedwald Center 401(k) Plan$3M
End-of-year total assets ($M) among Schear & Schear Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Neal E. Schear years around the 2023 move

Sponsor-wide plan assets over time

All Neal E. Schear plans reported in each filing year

Latest sponsor-wide plan assets
$2M 5.730863324141482% vs 2022
2024 filing year
$2M$2.2M$2.4M$2.6M$2.8M$3M 202220232024 $2.16M $2.28M ▲ +5.6%
Year Plans Participants Total Assets
2022 1 6 $2M
2023 1 6 $3M
2024 1 6 $2M

2023 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$614K
Employer EIN311397714
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Schear & Schear Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Schear & Schear Profit Sharing Plan, Total assets ($B): 0.002773452 · Participants: 6Schear & Schear Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Schear & Schear Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Schear & Schear Profit Sharing Plan side-by-side with 3 peers →

Schear & Schear Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is American Leak Detection Inc 401(k) Profit Sharing Plan in CT ($3M); by covered participants it is Gears Over Gravity, Inc. 401(k) Plan in CA (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Schear & Schear Profit Sharing Plan assets move in 2023? ▼
Schear & Schear Profit Sharing Plan grew sharply - up 28.4% during 2023, from $2M to $3M. Reported net income was $614K.
How have Neal E. Schear plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Neal E. Schear's sponsor-wide assets grew 5.7%, from $2M to $2M.
Which 401(k) plans are similar in size to Schear & Schear Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Leak Detection Inc 401(k) Profit Sharing Plan in CT ($3M, 331 participants).
Which 401(k) plans cover a similar participant headcount to Schear & Schear Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gears Over Gravity, Inc. 401(k) Plan in CA (6 participants, $234K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 311397714.

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.