401(k) · DOL Form 5500 · 2024

Schmidt Associates Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
116
Participants Small participant base
75th
Percentile by assets National rank
$225,571
Avg per participant Above avg balance/head
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Official DOL plan name: Schmidt Associates Inc. 401(k) and Profit Sharing Plan · Sponsored by Schmidt Associates Inc. · Indiana · Professional & Technical Services

$26M in assets, 116 participants

Schmidt Associates Inc.'s Schmidt Associates Inc. 401(k) and Profit Sharing Plan reported $26M in total assets and 116 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #15,134 in Professional & Technical Services (20,173 peers)

Coverage in Indiana

Schmidt Associates Inc. 401(k) and Profit Sharing Plan covers 116 participants in Indiana, about 21% of the average Indiana filer (state average ~541 per filing). Assets: $26M.

#15,134
in Professional & Technical Services (20,173 peers)
+23.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Schmidt Associates Inc. 401(k) and Profit Sharing Plan's outsized position by total assets

Schmidt Associates Inc. 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$26,166,242 Top 25% higher than 75% 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

Schmidt Associates Inc. 401(k) and Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schmidt Associates Inc. 401(k) and Profit Sharing Plan sits mid-pack in the medium band (116 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schmidt Associates Inc. 401(k) and Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Schmidt Associates Inc. 401(k) and Profit Sharing Plan end-of-year assets rose from $21M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Schmidt Associates Inc. 401(k) and Profit Sharing Plan reported participants rose from 108 in the plan year 2023 filing to 116 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 351402312 · Schmidt Associates Inc. PY 2024 · 401(k)

Schmidt Associates Inc. 401(k) and Profit Sharing Plan · $26M · 116 · 75th

  • TYPE $26M
  • TYPE 116
  • TYPE 75th
  • TYPE 401(k)
  • TYPE near Infinidat, Inc. 401(k) Profit Sharing Plan
  • TYPE ind #15134

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 Indiana →

Schmidt Associates Inc. 401(k) and Profit Sharing Plan in the asset neighbourhood

Schmidt Associates Inc. 401(k) and Profit Sharing PlanSchmidt Associates Inc. 401(…$26MInfinidat, Inc. 401(k) Profit Sharing PlanInfinidat, Inc. 401(k) Profi…$26MUS Healthconnect, Inc. 401(k) PlanUS Healthconnect, Inc. 401(k…$26MDiversified Technologies 401(k) PlanDiversified Technologies 401…$26MKlas Enterprises, LLC 401(k) PlanKlas Enterprises, LLC 401(k)…$26M
End-of-year total assets ($M) among Schmidt Associates Inc. 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN351402312
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schmidt Associates Inc.)

Sponsor-wide plan assets over time

All Schmidt Associates Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 37.763358897187295% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19M $26.2M ▲ +37.8%
Year Plans Participants Total Assets
2022 1 103 $19M
2023 1 108 $21M
2024 1 116 $26M

Nearby 401(k) Plans in Indiana

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

Schmidt Associates Inc. 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Schmidt Associates Inc. 401(k) and Profit Sharing Plan, Total assets ($B): 0.026166242 · Participants: 116Schmidt Associates Inc. 401(k) and Profit Sharing PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Schmidt Associates Inc. 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Schmidt Associates Inc. 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Schmidt Associates Inc. 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Infinidat, Inc. 401(k) Profit Sharing Plan in MA ($26M); by covered participants it is Steelseries 401(k) Plan in IL (116 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($26M here).

Similar participant headcount

Nearest other-state filings by covered participants (116 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 Schmidt Associates Inc. 401(k) and Profit Sharing Plan assets move in 2024? ▼
Schmidt Associates Inc. 401(k) and Profit Sharing Plan grew sharply - up 23.2% during 2024, from $21M to $26M. Reported net income was $5M.
How have Schmidt Associates Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schmidt Associates Inc.'s sponsor-wide assets grew 37.8%, from $19M to $26M.
Where does Schmidt Associates Inc. 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Schmidt Associates Inc. 401(k) and Profit Sharing Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Schmidt Associates Inc. 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Infinidat, Inc. 401(k) Profit Sharing Plan in MA ($26M, 135 participants).
Which 401(k) plans cover a similar participant headcount to Schmidt Associates Inc. 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Steelseries 401(k) Plan in IL (116 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 351402312.

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.