Profit Sharing · DOL Form 5500 · 2023

Schieffer Electric, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
2
Participants Small participant base
28th
Percentile by assets National rank
$774,342
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Schieffer Electric, Inc. Profit Sharing Plan · Sponsored by Schieffer Electric, Inc. · California · Construction

$2M in assets, 2 participants

Schieffer Electric, Inc.'s Schieffer Electric, Inc. Profit Sharing Plan reported $2M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #2,305 in Construction (9,030 peers)

What the 2023 filing shows

Schieffer Electric, Inc. Profit Sharing Plan holds $2M for 2 participants - about $774,342 per participant, in the lower half of filed plans by assets.

#2,305
in Construction (9,030 peers)
-5.6%
assets change YoY

The plan reported a net loss of $93K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Schieffer Electric, Inc. Profit Sharing Plan among the smaller filed plans by assets

Schieffer Electric, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,548,684 28th percentile higher than 28% 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

Schieffer Electric, Inc. 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. Schieffer Electric, Inc. 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

  • Schieffer Electric, Inc. Profit Sharing Plan reported net income fell from $139K in the plan year 2022 filing to -$93K in the plan year 2023 filing.
  • Schieffer Electric, Inc. Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 942680713 · Schieffer Electric, Inc. PY 2023 · Profit Sharing

Schieffer Electric, Inc. Profit Sharing Plan · $2M · 2 · 28th

  • 5500 $2M
  • ASSETS 2
  • PCT 28th
  • EIN Profit Sharing
  • RANK near Covey Roberts & Carmody-Roberts, LLC Profit Sharing Plan
  • PHOTO ind #2305

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 Construction retirement plans → · Plans in California →

Schieffer Electric, Inc. Profit Sharing Plan in the asset neighbourhood

Schieffer Electric, Inc. Profit Sharing PlanSchieffer Electric, Inc. Pro…$2MCovey Roberts & Carmody-Roberts, LLC Profit Sharing PlanCovey Roberts & Carmody-Robe…$2MThurber Gate Investment 401(k) PlanThurber Gate Investment 401(…$2MTreasure Valley Real Estate & Construction Employees' Profit Sharing PlanTreasure Valley Real Estate …$2MJs Sklar, Corp. Retirement PlanJs Sklar, Corp. Retirement P…$2M
End-of-year total assets ($M) among Schieffer Electric, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$93K
Employer EIN942680713
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schieffer Electric, Inc.)

Sponsor-wide plan assets over time

All Schieffer Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 5.638072235420423% vs 2022
2023 filing year
$1.5M$1.55M$1.6M$1.65M 20222023 $1.64M $1.55M ▼ -5.5%
Year Plans Participants Total Assets
2022 1 2 $2M
2023 1 2 $2M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Schieffer Electric, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Schieffer Electric, Inc. Profit Sharing Plan, Total assets ($B): 0.001548684 · Participants: 2Schieffer Electric, Inc. Profit Sharing PlanIntel Retirement Contribution Plan, Total assets ($B): 7.243052996 · Participants: 21513Intel Retirement Contribution PlanScpmg Keogh Plan, Total assets ($B): 6.822267649 · Participants: 10125Scpmg Keogh PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 5.851994984 · Participants: 71071Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.32726 · Participants: 4728Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.092654738 · Participants: 37110Disney Retirement Savings Plan
Schieffer Electric, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Schieffer Electric, Inc. Profit Sharing Plan side-by-side with 3 peers →

Schieffer Electric, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Covey Roberts & Carmody-Roberts, LLC Profit Sharing Plan in NY ($2M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (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 Schieffer Electric, Inc. Profit Sharing Plan assets move in 2023? ▼
Schieffer Electric, Inc. Profit Sharing Plan pulled back noticeably - down 5.6% during 2023, from $2M to $2M. Reported net income was -$93K.
How have Schieffer Electric, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Schieffer Electric, Inc.'s sponsor-wide assets declined 5.6%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Schieffer Electric, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Covey Roberts & Carmody-Roberts, LLC Profit Sharing Plan in NY ($2M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Schieffer Electric, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M 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 942680713.

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.