Profit Sharing · DOL Form 5500 · 2024

Schomer & Associates Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
5
Participants Small participant base
38th
Percentile by assets National rank
$805,797
Avg per participant High balance/head
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Official DOL plan name: Schomer & Associates, Inc. Profit Sharing Savings Plan · Sponsored by Schomer & Associates · Michigan · Other Services

$4M in assets, 5 participants

Schomer & Associates's Schomer & Associates, Inc. Profit Sharing Savings Plan reported $4M in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #4,736 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Schomer & Associates, Inc. Profit Sharing Savings Plan ranks #4,736 of 7,719 2024 filers by assets (498% of the sector average)-$4M for 5 participants.

#4,736
in Other Services (7,719 peers)
+3.1%
assets growth YoY

Schomer & Associates, Inc. Profit Sharing Savings Plan's mid-pack asset rank among Other Services and all filers

Schomer & Associates, Inc. Profit Sharing Savings Plan vs every filed plan by assets

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

$4,028,983 38th percentile higher than 38% 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

Schomer & Associates, Inc. Profit Sharing Savings 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. Schomer & Associates, Inc. Profit Sharing Savings Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schomer & Associates, Inc. Profit Sharing Savings Plan reported net income fell from $552K in the plan year 2023 filing to $122K in the plan year 2024 filing.
  • Schomer & Associates, Inc. Profit Sharing Savings Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 382150716 · Schomer & Associates PY 2024 · Profit Sharing

Schomer & Associates, Inc. Profit Sharing Savings Plan · $4M · 5 · 38th

  • BOOK $4M
  • VS-ST 5
  • BOY 38th
  • SCH Profit Sharing
  • EBSA near Clinical Pathology Associates, P.C. Profit Sharing Plan
  • PART ind #4736

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 Other Services retirement plans → · Plans in Michigan →

Schomer & Associates, Inc. Profit Sharing Savings Plan in the asset neighbourhood

Schomer & Associates, Inc. Profit Sharing Savings PlanSchomer & Associates, Inc. P…$4MClinical Pathology Associates, P.C. Profit Sharing PlanClinical Pathology Associate…$4MMaster Group Employees Retirement PlanMaster Group Employees Retir…$4MMilledgeville Ob/Gyn Associates, P.C. Profit Sharing PlanMilledgeville Ob/Gyn Associa…$4MDonnelly Mechanical Corp. Profit Sharing Plan for Union EmployeesDonnelly Mechanical Corp. Pr…$4M
End-of-year total assets ($M) among Schomer & Associates, Inc. Profit Sharing Savings Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$122K
Employer EIN382150716
Plan Effective Date1977-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schomer & Associates)

Sponsor-wide plan assets over time

All Schomer & Associates plans reported in each filing year

Latest sponsor-wide plan assets
$4M 20.09564172299372% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M 202220232024 $3.35M $4.03M ▲ +20.3%
Year Plans Participants Total Assets
2022 1 5 $3M
2023 1 5 $4M
2024 1 5 $4M

Nearby Profit Sharing Plans in Michigan

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

Schomer & Associates, Inc. Profit Sharing Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.52 Total assets ($B) Participants Schomer & Associates, Inc. Profit Sharing Savings Plan, Total assets ($B): 0.004028983 · Participants: 5Schomer & Associates, Inc. Profit Sharing Savings PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.838163362 · Participants: 13461Henry Ford Health System Retirement Savings PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.339745231 · Participants: 1472Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanIron Workers Defined Contribution Pension Fund Plan, Total assets ($B): 0.231623418 · Participants: 5319Iron Workers Defined Contribution Pension Fund PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.229985274 · Participants: 2755NECA-IBEW Memphis Retirement PlanPlumbers and Pipefitters Local Union 520 Annuity Plan, Total assets ($B): 0.219548504 · Participants: 1639Plumbers and Pipefitters Local Union 520 Annuity Plan
Schomer & Associates, Inc. Profit Sharing Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Schomer & Associates, Inc. Profit Sharing Savings Plan side-by-side with 3 peers →

Schomer & Associates, Inc. Profit Sharing Savings Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Clinical Pathology Associates, P.C. Profit Sharing Plan in IA ($4M); by covered participants it is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Schomer & Associates, Inc. Profit Sharing Savings Plan assets move in 2024? ▼
Schomer & Associates, Inc. Profit Sharing Savings Plan edged up modestly - up 3.1% during 2024, from $4M to $4M. Reported net income was $122K.
How have Schomer & Associates plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schomer & Associates's sponsor-wide assets grew 20.1%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Schomer & Associates, Inc. Profit Sharing Savings Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Clinical Pathology Associates, P.C. Profit Sharing Plan in IA ($4M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Schomer & Associates, Inc. Profit Sharing Savings Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants, $735K 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 382150716.

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.