401(k) · DOL Form 5500 · 2023

Schafer Industries Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
275
Participants Below avg headcount
65th
Percentile by assets National rank
$48,183
Avg per participant Low balance/head
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Official DOL plan name: Schafer Industries Inc. 401(k) Plan · Sponsored by Schafer Industries Inc. · Indiana · Manufacturing

$13M in assets, 275 participants

Schafer Industries Inc.'s Schafer Industries Inc. 401(k) Plan reported $13M in total assets and 275 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #9,797 in Manufacturing (18,722 peers)

Schafer Industries Inc. multi-year trail

Schafer Industries Inc.'s plans moved +42.5% in assets from 2022 to 2024; this filing shows Schafer Industries Inc. 401(k) Plan at $13M / 275 participants.

#9,797
in Manufacturing (18,722 peers)
+28.0%
assets growth YoY

Schafer Industries Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Schafer Industries Inc. 401(k) Plan vs every filed plan by assets

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

$13,250,354 Top 35% higher than 65% 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

Schafer Industries Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schafer Industries Inc. 401(k) Plan sits mid-pack in the medium band (275 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Schafer Industries Inc. 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Schafer Industries Inc. 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Schafer Industries Inc. 401(k) Plan reported participants rose from 230 in the plan year 2022 filing to 275 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 351718069 · Schafer Industries Inc. PY 2023 · 401(k)

Schafer Industries Inc. 401(k) Plan · $13M · 275 · 65th

  • VS-ST $13M
  • BOY 275
  • SCH 65th
  • EBSA 401(k)
  • PART near Community Dental Care 401(k) Retirement Plan
  • TYPE ind #9797

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 Manufacturing retirement plans → · Plans in Indiana →

Schafer Industries Inc. 401(k) Plan in the asset neighbourhood

Schafer Industries Inc. 401(k) PlanSchafer Industries Inc. 401(…$13MCommunity Dental Care 401(k) Retirement PlanCommunity Dental Care 401(k)…$13MEkornes 401(k) Plan$13MC.W. Strittmatter, Inc. 401(k) PlanC.W. Strittmatter, Inc. 401(…$13MPhigenics Management, Inc 401(k) PlanPhigenics Management, Inc 40…$13M
End-of-year total assets ($M) among Schafer Industries Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Schafer Industries Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Schafer Industries Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 42.49536555948914% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $10.4M $14.8M ▲ +42.5%
Year Plans Participants Total Assets
2022 1 230 $10M
2023 1 275 $13M
2024 1 296 $15M

Schafer Industries Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN351718069
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Schafer Industries Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Schafer Industries Inc. 401(k) Plan, Total assets ($B): 0.013250354 · Participants: 275Schafer Industries Inc. 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Schafer Industries Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Schafer Industries Inc. 401(k) Plan side-by-side with 3 peers →

Schafer Industries Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Community Dental Care 401(k) Retirement Plan in MN ($13M); by covered participants it is Centrus Savings Program in MD (275 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (275 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 Schafer Industries Inc. 401(k) Plan assets move in 2023? ▼
Schafer Industries Inc. 401(k) Plan grew sharply - up 28.0% during 2023, from $10M to $13M. Reported net income was $3M.
How have Schafer Industries Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schafer Industries Inc.'s sponsor-wide assets grew 42.5%, from $10M to $15M.
Which 401(k) plans are similar in size to Schafer Industries Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Community Dental Care 401(k) Retirement Plan in MN ($13M, 202 participants).
Which 401(k) plans cover a similar participant headcount to Schafer Industries Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Centrus Savings Program in MD (275 participants, $198M 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 351718069.

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.