401(k) · DOL Form 5500 · 2024

Neal E. Schear 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
6
Participants Small participant base
31st
Percentile by assets National rank
$380,611
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Schear & Schear Profit Sharing Plan · Sponsored by Neal E. Schear · Ohio · Professional & Technical Services

$2M in assets, 6 participants

Neal E. Schear's Schear & Schear Profit Sharing Plan reported $2M in total assets and 6 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.

  • #5,416 in Professional & Technical Services (20,173 peers)

2024 asset change

Schear & Schear Profit Sharing Plan declined sharply 17.7% in 2024 ($3M → $2M) for 6 participants.

#5,416
in Professional & Technical Services (20,173 peers)
-17.7%
assets change YoY

The plan reported a net loss of $490K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Schear & Schear Profit Sharing Plan among the smaller filed plans by assets

Schear & Schear Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,283,664 31st percentile higher than 31% of 123,620 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 2024

Schear & Schear Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schear & Schear Profit Sharing Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schear & Schear Profit Sharing Plan reported net income fell from $614K in the plan year 2023 filing to -$490K in the plan year 2024 filing.
  • Schear & Schear Profit Sharing Plan end-of-year assets fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 311397714 · Neal E. Schear PY 2024 · 401(k)

Schear & Schear Profit Sharing Plan · $2M · 6 · 31st

  • 5500 $2M
  • ASSETS 6
  • PCT 31st
  • EIN 401(k)
  • RANK near Ferrarabuckworth, LLC 401(k) Plan
  • PHOTO ind #5416

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 Ohio →

Schear & Schear Profit Sharing Plan in the asset neighbourhood

Schear & Schear Profit Sharing PlanSchear & Schear Profit Shari…$2MFerrarabuckworth, LLC 401(k) PlanFerrarabuckworth, LLC 401(k)…$2MLdi Retirement Plan$2MGriffin and Reed Eye Care 401(k) Profit Sharing PlanGriffin and Reed Eye Care 40…$2MFreedom Supply Corp. Profit Sharing PlanFreedom Supply Corp. Profit …$2M
End-of-year total assets ($M) among Schear & Schear Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Neal E. Schear years around the 2024 move

Sponsor-wide plan assets over time

All Neal E. Schear plans reported in each filing year

Latest sponsor-wide plan assets
$2M 5.730863324141482% vs 2022
2024 filing year
$2M$2.2M$2.4M$2.6M$2.8M$3M 202220232024 $2.16M $2.28M ▲ +5.6%
Year Plans Participants Total Assets
2022 1 6 $2M
2023 1 6 $3M
2024 1 6 $2M

2024 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$490K
Employer EIN311397714
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Schear & Schear Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Schear & Schear Profit Sharing Plan, Total assets ($B): 0.002283664 · Participants: 6Schear & Schear Profit Sharing PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Schear & Schear Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Schear & Schear Profit Sharing Plan side-by-side with 3 peers →

Schear & Schear Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Ferrarabuckworth, LLC 401(k) Plan in NJ ($2M); by covered participants it is Caliche, Ltd 401(k) in TX (6 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (6 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Schear & Schear Profit Sharing Plan assets move in 2024? ▼
Schear & Schear Profit Sharing Plan declined sharply - down 17.7% during 2024, from $3M to $2M. Reported net income was -$490K.
How have Neal E. Schear plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Neal E. Schear's sponsor-wide assets grew 5.7%, from $2M to $2M.
Which 401(k) plans are similar in size to Schear & Schear Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ferrarabuckworth, LLC 401(k) Plan in NJ ($2M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Schear & Schear Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Caliche, Ltd 401(k) in TX (6 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 311397714.

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.