401(k) · DOL Form 5500 · 2024

Schmidt Associates Inc. 401(k) Plan

Data updated 2026-08-11

$26M
Total assets
116
Participants
75th
Percentile by assets
$225,571
Avg per participant
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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.

  • 75th percentile by assets (of 123,622 plans)
  • #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.

$26M
total plan assets (2024 EOY)
116
covered participants
75th
percentile by assets (of 123,622 plans)
$225,571
avg assets per participant

Where Schmidt Associates Inc. 401(k) and Profit Sharing Plan sits 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 $2,010,000,000 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

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 →

State
Indiana
Industry
Professional & Technical Services

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Schmidt Associates Inc. 401(k) and Profit Sharing Plan reports 116 participants - about 21% of that state average ($26M EOY assets).

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.)

$15M$20M$25M$30M 202220232024 $19M $26.2M ▲ +37.8%
Total plan assets by year, all Schmidt Associates Inc. plans on file
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 ($B) Participants Schmidt Associates I…, Total assets ($B): 0.026166242 · Participants: 116Schmidt Associates I…The Lilly Employee 4…, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 4…Elevance Health 401(…, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(…Cummins Retirement a…, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement a…Iu Health 401(k) Sav…, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Sav…Steel Dynamics, Inc.…, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc.…
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 Profi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Schmidt Associates Inc. 401(k) and Profit Sharing Plan by total assets, not by location.

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).

Next read for Schmidt Associates Inc. 401(k) and Profi…

Filing takeaways

Ways to act on Schmidt Associates Inc. 401(k) and Profit Sharing Plan's numbers.

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.