F. Schumacher & Co. Retirement Plan for Salaried Employees

Defined Benefit (Pension) · DOL Form 5500 · 2023

What the Filing Says About F. Schumacher & Co. Retirement Plan for Salaried Employees

F. Schumacher & Co. Retirement Plan for Salaried Employees is a Defined Benefit (Pension) retirement plan sponsored by F. Schumacher & Co., Inc., headquartered in New York. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $554K in total end-of-year assets and covers 29 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 131279190, and the plan has been effective since 1986-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets contracted severely from $45M at the beginning of 2023 to $554K at year-end - down 98.8%. Net assets (after liabilities) closed the year at $554K, with reported net income of -$44M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years F. Schumacher & Co., Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $61M to $21M, a decline of 65.7%, while reported participants moved from 507 to 520 (+2.6%). The strongest year on file by total sponsor assets was 2022 at $61M; the softest was 2023 at $19M. Year-by-year, sponsor-wide filings show: 2022 - $61M in assets across 2 plans covering 507 participants; 2023 - $19M in assets across 2 plans covering 535 participants; 2024 - $21M in assets across 1 plan covering 520 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank F. Schumacher & Co. Retirement Plan for Salaried Employees against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.