ESOP · DOL Form 5500 · 2023

Schmidt & Bartelt, Inc ESOP

Data updated 2026-08-11

$11M
Total assets
24
Participants
60th
Percentile by assets
$442,387
Avg per participant
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Official DOL plan name: Schmidt & Bartelt, Inc. Employee Stock Ownership Plan · Sponsored by Schmidt & Bartelt, Inc · Wisconsin · Other Services

$11M in assets, 24 participants

Schmidt & Bartelt, Inc's Schmidt & Bartelt, Inc. Employee Stock Ownership Plan reported $11M in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 127,072 plans)
  • #6,062 in Other Services (7,857 peers)

What the 2023 filing shows

Schmidt & Bartelt, Inc. Employee Stock Ownership Plan holds $11M for 24 participants - about $442,387 per participant, above the median plan by assets.

$11M
total plan assets (2023 EOY)
24
covered participants
60th
percentile by assets (of 127,072 plans)
$442,387
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Schmidt & Bartelt, Inc. Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2022 filing to $417K in the plan year 2023 filing.
  • Schmidt & Bartelt, Inc. Employee Stock Ownership Plan reported participants fell from 27 in the plan year 2022 filing to 24 in the plan year 2023 filing.
  • Schmidt & Bartelt, Inc. Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

ESOP filing for Schmidt & Bartelt, Inc. Employee Stock Ownership Plan

ESOP filing for plan year 2023: EIN 390986146 ; effective since 1987-07-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$417K
Employer EIN390986146
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schmidt & Bartelt, Inc)

$10M$10.2M$10.4M$10.6M$10.8M$11M 202220232024 $10.2M $10.8M ▲ +5.7%
Total plan assets by year, all Schmidt & Bartelt, Inc plans on file
Year Plans Participants Total Assets
2022 1 27 $10M
2023 1 24 $11M
2024 1 28 $11M

Nearby ESOP Plans in Wisconsin

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

Schmidt & Bartelt, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants

Schmidt & Bartelt, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -101234 Total assets ($B) Participants Schmidt & Bartelt, I…Schreiber Foods, Inc…Woodman's Employees'…Ki Employee Stock Ow…Trachte Building Sys…Wausau Supply Compan…
Schmidt & Bartelt, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Schmidt & Bartelt, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Schmidt & Bartelt, Inc. Employee Stock Ownership Plan assets move in 2023?
Schmidt & Bartelt, Inc. Employee Stock Ownership Plan edged up modestly - up 4.1% during 2023, from $10M to $11M. Reported net income was $417K.
How have Schmidt & Bartelt, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Schmidt & Bartelt, Inc's sponsor-wide assets grew 5.7%, from $10M to $11M.
Which ESOP plans are similar in size to Schmidt & Bartelt, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Northeast Bank Employee Stock Ownership Plan in MN ($11M, 69 participants).

Next read for Schmidt & Bartelt, Inc. Employee Stock O…

Filing takeaways

Ways to act on Schmidt & Bartelt, Inc. Employee Stock Ownership Plan's numbers.