401(k) · DOL Form 5500 · 2023

Smith Schafer & Associates, Ltd. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
105
Participants Small participant base
77th
Percentile by assets National rank
$249,320
Avg per participant Above avg balance/head
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Official DOL plan name: Smith Schafer and Associates, Ltd. 401(k) Plan and Trust · Sponsored by Smith Schafer & Associates, Ltd. · Minnesota · Professional & Technical Services

$26M in assets, 105 participants

Smith Schafer & Associates, Ltd.'s Smith Schafer and Associates, Ltd. 401(k) Plan and Trust reported $26M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #15,763 in Professional & Technical Services (20,321 peers)

Coverage in Minnesota

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust covers 105 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $26M.

#15,763
in Professional & Technical Services (20,321 peers)
+10.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust's outsized position by total assets

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust vs every filed plan by assets

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

$26,178,649 Top 23% higher than 77% 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

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust 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. Smith Schafer and Associates, Ltd. 401(k) Plan and Trust sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smith Schafer and Associates, Ltd. 401(k) Plan and Trust reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Smith Schafer and Associates, Ltd. 401(k) Plan and Trust end-of-year assets rose from $24M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Smith Schafer and Associates, Ltd. 401(k) Plan and Trust reported participants rose from 99 in the plan year 2022 filing to 105 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411489071 · Smith Schafer & Associates, Ltd. PY 2023 · 401(k)

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust · $26M · 105 · 77th

  • TYPE $26M
  • TYPE 105
  • TYPE 77th
  • TYPE 401(k)
  • TYPE near Csg 401(k) Plan
  • TYPE ind #15763

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust in the asset neighbourhood

Smith Schafer and Associates, Ltd. 401(k) Plan and TrustSmith Schafer and Associates…$26MCsg 401(k) Plan$26MPabst Brewing Company 401(k) PlanPabst Brewing Company 401(k)…$26MBlue Racer Midstream 401(k) PlanBlue Racer Midstream 401(k) …$26MBlue Racer Midstream 401(k) PlanBlue Racer Midstream 401(k) …$26M
End-of-year total assets ($M) among Smith Schafer and Associates, Ltd. 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$26M
Net Income$2M
Employer EIN411489071
Plan Effective Date1991-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith Schafer & Associates, Ltd.)

Sponsor-wide plan assets over time

All Smith Schafer & Associates, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 26.3333384720017% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $23.8M $30.1M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 99 $24M
2023 1 105 $26M
2024 1 112 $30M

Nearby 401(k) Plans in Minnesota

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

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Smith Schafer and Associates, Ltd. 401(k) Plan and Trust, Total assets ($B): 0.026178649 · Participants: 105Smith Schafer and Associates, Ltd. 401(k) Plan and TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Smith Schafer and Associates, Ltd. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Smith Schafer and Associates, Ltd. 401(k) Plan and Trust side-by-side with 3 peers →

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Csg 401(k) Plan in IL ($26M); by covered participants it is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($26M here).

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Smith Schafer and Associates, Ltd. 401(k) Plan and Trust assets move in 2023? ▼
Smith Schafer and Associates, Ltd. 401(k) Plan and Trust grew at a solid clip - up 10.0% during 2023, from $24M to $26M. Reported net income was $2M.
How have Smith Schafer & Associates, Ltd. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smith Schafer & Associates, Ltd.'s sponsor-wide assets grew 26.3%, from $24M to $30M.
Where does Smith Schafer and Associates, Ltd. 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
Smith Schafer and Associates, Ltd. 401(k) Plan and Trust ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Smith Schafer and Associates, Ltd. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Csg 401(k) Plan in IL ($26M, 204 participants).
Which 401(k) plans cover a similar participant headcount to Smith Schafer and Associates, Ltd. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants, $6M 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 411489071.

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.