401(k) · DOL Form 5500 · 2023

Schmitty & Sons Holdings, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
508
Participants Below avg headcount
60th
Percentile by assets National rank
$21,126
Avg per participant Low balance/head
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Official DOL plan name: Schmitty & Sons Holdings, Inc. 401(k) Plan · Sponsored by Schmitty & Sons Holdings, Inc. · Minnesota · Transportation & Warehousing

$11M in assets, 508 participants

Schmitty & Sons Holdings, Inc.'s Schmitty & Sons Holdings, Inc. 401(k) Plan reported $11M in total assets and 508 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.

  • #2,048 in Transportation & Warehousing (3,362 peers)

Coverage in Minnesota

Schmitty & Sons Holdings, Inc. 401(k) Plan covers 508 participants in Minnesota, about 45% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#2,048
in Transportation & Warehousing (3,362 peers)
+4.5%
assets growth YoY

Schmitty & Sons Holdings, Inc. 401(k) Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Schmitty & Sons Holdings, Inc. 401(k) Plan vs every filed plan by assets

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

$10,731,837 Top 40% higher than 60% 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

Schmitty & Sons Holdings, 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. Schmitty & Sons Holdings, Inc. 401(k) Plan sits mid-pack in the medium band (508 participants).

Form 5500 schedule snapshot

Filing strip 810928055 · Schmitty & Sons Holdings, Inc. PY 2023 · 401(k)

Schmitty & Sons Holdings, Inc. 401(k) Plan · $11M · 508 · 60th

  • PART $11M
  • PART 508
  • PART 60th
  • PART 401(k)
  • PART near First Robinson Savings Bank, N. a. 401(k) Retirement Savings Plan
  • PART ind #2048

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 Transportation & Warehousing retirement plans → · Plans in Minnesota →

Schmitty & Sons Holdings, Inc. 401(k) Plan in the asset neighbourhood

Schmitty & Sons Holdings, Inc. 401(k) PlanSchmitty & Sons Holdings, In…$11MFirst Robinson Savings Bank, N. a. 401(k) Retirement Savings PlanFirst Robinson Savings Bank,…$11MStimmel Associates, P.a. 401(k) Profit Sharing PlanStimmel Associates, P.a. 401…$11MCarolton Hospital Employee Profit Sharing PlanCarolton Hospital Employee P…$11MImage International Manufacturing, LLC 401(k) PlanImage International Manufact…$11M
End-of-year total assets ($M) among Schmitty & Sons Holdings, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$355K
Employer EIN810928055
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schmitty & Sons Holdings, Inc.)

Sponsor-wide plan assets over time

All Schmitty & Sons Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 111.08416228762721% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $31.8M $67M ▲ +111.1%
Year Plans Participants Total Assets
2022 1 451 $32M
2023 2 998 $50M
2024 2 1,336 $67M

Nearby 401(k) Plans in Minnesota

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

Schmitty & Sons Holdings, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Schmitty & Sons Holdings, Inc. 401(k) Plan, Total assets ($B): 0.010731837 · Participants: 508Schmitty & Sons Holdings, Inc. 401(k) PlanUnitedhealth 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
Schmitty & Sons Holdings, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Schmitty & Sons Holdings, Inc. 401(k) Plan side-by-side with 3 peers →

Schmitty & Sons Holdings, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is First Robinson Savings Bank, N. a. 401(k) Retirement Savings Plan in IL ($11M); by covered participants it is Southern Hvac Corporation 401(k) Plan in FL (508 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (508 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 Schmitty & Sons Holdings, Inc. 401(k) Plan assets move in 2023? ▼
Schmitty & Sons Holdings, Inc. 401(k) Plan edged up modestly - up 4.5% during 2023, from $10M to $11M. Reported net income was $355K.
How have Schmitty & Sons Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schmitty & Sons Holdings, Inc.'s sponsor-wide assets grew 111.1%, from $32M to $67M.
Which 401(k) plans are similar in size to Schmitty & Sons Holdings, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is First Robinson Savings Bank, N. a. 401(k) Retirement Savings Plan in IL ($11M, 82 participants).
Which 401(k) plans cover a similar participant headcount to Schmitty & Sons Holdings, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southern Hvac Corporation 401(k) Plan in FL (508 participants, $11M 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 810928055.

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.