401(k) · DOL Form 5500 · 2023

Jak Schmidt, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
2
Participants Small participant base
67th
Percentile by assets National rank
$7.6M
Avg per participant High balance/head
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Official DOL plan name: Jak Schmidt, Inc. 401(k) Profit Sharing Plan · Sponsored by Jak Schmidt, Inc. · New Mexico · Information & Media

$15M in assets, 2 participants

Jak Schmidt, Inc.'s Jak Schmidt, Inc. 401(k) Profit Sharing Plan reported $15M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #1,601 in Information & Media (2,818 peers)

Jak Schmidt, Inc. multi-year trail

Jak Schmidt, Inc.'s plans moved +14.1% in assets from 2022 to 2023; this filing shows Jak Schmidt, Inc. 401(k) Profit Sharing Plan at $15M / 2 participants.

#1,601
in Information & Media (2,818 peers)
+14.1%
assets growth YoY

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

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

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

$15,124,213 Top 33% higher than 67% 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

Jak Schmidt, Inc. 401(k) 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. Jak Schmidt, Inc. 401(k) Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Jak Schmidt, Inc. 401(k) Profit Sharing Plan reported net income rose from $882K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Jak Schmidt, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 822070083 · Jak Schmidt, Inc. PY 2023 · 401(k)

Jak Schmidt, Inc. 401(k) Profit Sharing Plan · $15M · 2 · 67th

  • PART $15M
  • TYPE 2
  • NET 67th
  • BOOK 401(k)
  • VS-ST near T. R. Miller Mill Company, Inc. Savings and Profit Sharing Plan
  • BOY ind #1601

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 Information & Media retirement plans → · Plans in New Mexico →

Jak Schmidt, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Jak Schmidt, Inc. 401(k) Profit Sharing PlanJak Schmidt, Inc. 401(k) Pro…$15MT. R. Miller Mill Company, Inc. Savings and Profit Sharing PlanT. R. Miller Mill Company, I…$15MUnited Way of King County 403(b) PlanUnited Way of King County 40…$15MThe Artcraft Group, Inc. 401(k) Profit Sharing PlanThe Artcraft Group, Inc. 401…$15MThe Independent Order of Foresters 401(k) Savings & Retirement PlanThe Independent Order of For…$15M
End-of-year total assets ($M) among Jak Schmidt, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Jak Schmidt, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Jak Schmidt, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 14.080584835038811% vs 2022
2023 filing year
$13M$14M$15M$16M 20222023 $13.3M $15.1M ▲ +14.0%
Year Plans Participants Total Assets
2022 1 2 $13M
2023 2 4 $15M

Jak Schmidt, Inc. filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN822070083
Plan Effective Date2017-07-10
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Mexico

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

Jak Schmidt, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -202468 Total assets ($B) Participants Jak Schmidt, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.015124213 · Participants: 2Jak Schmidt, Inc. 401(k) Profit Sharing PlanNtess Savings and Income Plan, Total assets ($B): 6.138288212 · Participants: 14721Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.017061751 · Participants: 10005Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.83962508 · Participants: 2249Triad 401(k) Savings PlanPnm Resources, Inc. Retirement Savings Plan, Total assets ($B): 0.76542965 · Participants: 1531Pnm Resources, Inc. Retirement Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.573005592 · Participants: 1962Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust
Jak Schmidt, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare Jak Schmidt, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside New Mexico, the nearest 401(k) by assets is T. R. Miller Mill Company, Inc. Savings and Profit Sharing Plan in AL ($15M); by covered participants it is Napa Bound Retirement Plan in FL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Jak Schmidt, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Jak Schmidt, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 14.1% during 2023, from $13M to $15M. Reported net income was $2M.
How have Jak Schmidt, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Jak Schmidt, Inc.'s sponsor-wide assets grew 14.1%, from $13M to $15M.
Which 401(k) plans are similar in size to Jak Schmidt, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is T. R. Miller Mill Company, Inc. Savings and Profit Sharing Plan in AL ($15M, 209 participants).
Which 401(k) plans cover a similar participant headcount to Jak Schmidt, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Napa Bound Retirement Plan in FL (2 participants, N/A 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 822070083.

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.