Defined Benefit (Pension) · DOL Form 5500 · 2023

Schmidt Financial Group, Inc. Pension Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
5
Participants Small participant base
27th
Percentile by assets National rank
$279,981
Avg per participant High balance/head
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Official DOL plan name: Schmidt Financial Group, Inc. Pension Plan · Sponsored by Schmidt Financial Group, Inc. · Illinois · Finance & Insurance

$1M in assets, 5 participants

Schmidt Financial Group, Inc.'s Schmidt Financial Group, Inc. Pension Plan reported $1M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 27th 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.

  • #1,567 in Finance & Insurance (8,869 peers)

Schmidt Financial Group, Inc. multi-year trail

Schmidt Financial Group, Inc.'s plans moved -60.8% in assets from 2022 to 2024; this filing shows Schmidt Financial Group, Inc. Pension Plan at $1M / 5 participants.

#1,567
in Finance & Insurance (8,869 peers)
+4.7%
assets growth YoY

Schmidt Financial Group, Inc. Pension Plan among the smaller filed plans by assets

Schmidt Financial Group, Inc. Pension Plan vs every filed plan by assets

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

$1,399,904 27th percentile higher than 27% 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

Schmidt Financial Group, Inc. Pension 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. Schmidt Financial Group, Inc. Pension Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Schmidt Financial Group, Inc. Pension Plan reported net income rose from -$320K in the plan year 2022 filing to $63K in the plan year 2023 filing.
  • Schmidt Financial Group, Inc. Pension Plan reported participants fell from 7 in the plan year 2022 filing to 5 in the plan year 2023 filing.
  • Schmidt Financial Group, Inc. Pension Plan end-of-year assets rose from $1M in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 363622811 · Schmidt Financial Group, Inc. PY 2023 · Defined Benefit (Pension)

Schmidt Financial Group, Inc. Pension Plan · $1M · 5 · 27th

  • RANK $1M
  • PHOTO 5
  • IND 27th
  • EOY Defined Benefit (Pension)
  • 5500 near Sterling Sugars, Inc. Retirement Income Plan
  • ASSETS ind #1567

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 Finance & Insurance retirement plans → · Plans in Illinois →

Schmidt Financial Group, Inc. Pension Plan in the asset neighbourhood

Pathology & Billing Group Pension PlanPathology & Billing Group Pe…$1MSchmidt Financial Group, Inc. Pension PlanSchmidt Financial Group, Inc…$1MSterling Sugars, Inc. Retirement Income PlanSterling Sugars, Inc. Retire…$1MA.W. & S. Construction Co., Inc. Cash Balance PlanA.W. & S. Construction Co., …$1MThe Bellevue Manufacturing Company UAW Retirement Income PlanThe Bellevue Manufacturing C…$1M
End-of-year total assets ($M) among Schmidt Financial Group, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Schmidt Financial Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Schmidt Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$524K 60.8392037165676% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M 202220232024 $1.34M $0.52M ▼ -61.2%
Year Plans Participants Total Assets
2022 1 7 $1M
2023 1 5 $1M
2024 1 5 $524K

Schmidt Financial Group, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$63K
Employer EIN363622811
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Schmidt Financial Group, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Schmidt Financial Group, Inc. Pension Plan, Total assets ($B): 0.001399904 · Participants: 5Schmidt Financial Group, Inc. Pension PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Schmidt Financial Group, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Schmidt Financial Group, Inc. Pension Plan side-by-side with 3 peers →

Schmidt Financial Group, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Sterling Sugars, Inc. Retirement Income Plan in LA ($1M); by covered participants it is Suncoast Industries, Inc. Defined Benefit Pension Plan and Trust in FL (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Schmidt Financial Group, Inc. Pension Plan assets move in 2023? ▼
Schmidt Financial Group, Inc. Pension Plan edged up modestly - up 4.7% during 2023, from $1M to $1M. Reported net income was $63K.
How have Schmidt Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schmidt Financial Group, Inc.'s sponsor-wide assets declined 60.8%, from $1M to $524K.
Which Defined Benefit (Pension) plans are similar in size to Schmidt Financial Group, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sterling Sugars, Inc. Retirement Income Plan in LA ($1M, 15 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Schmidt Financial Group, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Suncoast Industries, Inc. Defined Benefit Pension Plan and Trust in FL (5 participants, $1M 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 363622811.

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.