Profit Sharing · DOL Form 5500 · 2023
Schomer & Associates Profit Sharing Plan
Data updated 2026-08-25
- $4M
- Total assets Small plan by assets
- 5
- Participants Small participant base
- 40th
- Percentile by assets National rank
- $781,428
- Avg per participant High balance/head
Official DOL plan name: Schomer & Associates, Inc. Profit Sharing Savings Plan · Sponsored by Schomer & Associates · Michigan · Other Services
$4M in assets, 5 participants
Schomer & Associates's Schomer & Associates, Inc. Profit Sharing Savings Plan reported $4M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 40th 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.
- #4,933 in Other Services (7,857 peers)
Other Services sector rank
Within Other Services, Schomer & Associates, Inc. Profit Sharing Savings Plan ranks #4,933 of 7,857 2023 filers by assets (514% of the sector average)-$4M for 5 participants.
- #4,933
- in Other Services (7,857 peers)
- +16.5%
- assets growth YoY
Schomer & Associates, Inc. Profit Sharing Savings Plan's mid-pack asset rank among Other Services and all filers
Schomer & Associates, Inc. Profit Sharing Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$3,907,139 40th percentile higher than 40% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Schomer & Associates, Inc. Profit Sharing Savings 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. Schomer & Associates, Inc. Profit Sharing Savings Plan is a micro filing (5 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Schomer & Associates, Inc. Profit Sharing Savings Plan reported net income rose from -$526K in the plan year 2022 filing to $552K in the plan year 2023 filing.
- Schomer & Associates, Inc. Profit Sharing Savings Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 382150716 · Schomer & Associates PY 2023 · Profit Sharing
Schomer & Associates, Inc. Profit Sharing Savings Plan · $4M · 5 · 40th
- PHOTO $4M
- PHOTO 5
- PHOTO 40th
- PHOTO Profit Sharing
- PHOTO near Sjb Child Development Centers 403(b) Plan
- PHOTO ind #4933
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 Other Services retirement plans → · Plans in Michigan →
Schomer & Associates, Inc. Profit Sharing Savings Plan in the asset neighbourhood
Other Services filing particulars
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | $552K |
| Employer EIN | 382150716 |
| Plan Effective Date | 1977-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Schomer & Associates)
Sponsor-wide plan assets over time
All Schomer & Associates plans reported in each filing year
- Latest sponsor-wide plan assets
- $4M 20.09564172299372% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5 | $3M |
| 2023 | 1 | 5 | $4M |
| 2024 | 1 | 5 | $4M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Henry Ford Health System Retirement Savings Plan $1.7B · 14,349
- Construction Industry Retirement Fund of Rockford $564M · 10,685
- Ohio Carpenters' Annuity Plan $410M · 9,314
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $288M · 1,404
- NECA-IBEW Memphis Retirement Plan $213M · 2,389
Schomer & Associates, Inc. Profit Sharing Savings Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Michigan, the nearest Profit Sharing by assets is Sjb Child Development Centers 403(b) Plan in CA ($4M); by covered participants it is Salon Passion Inc. Retirement Plan in GA (5 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 (5 participants); asset peers above are excluded.
- Salon Passion Inc. Retirement Plan (GA) 5 · 0 off
- William D. Zigrang, M.D., Profit Sharing Plan (CA) 5 · 0 off
- Bcr and Co Profit Sharing Plan (CA) 5 · 0 off
- Taylor Legacy, Inc. Retirement Plan (AL) 5 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.