401(k) · DOL Form 5500 · 2024

Miles & Schmitt, Md, PC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
14
Participants Small participant base
39th
Percentile by assets National rank
$300,070
Avg per participant High balance/head
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Official DOL plan name: Miles & Schmitt Md PC 401(k) Profit Sharing Plan · Sponsored by Miles & Schmitt, Md, PC · Alabama · Healthcare & Social Assistance

$4M in assets, 14 participants

Miles & Schmitt, Md, PC's Miles & Schmitt Md PC 401(k) Profit Sharing Plan reported $4M in total assets and 14 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.

  • #6,934 in Healthcare & Social Assistance (16,916 peers)

Miles & Schmitt, Md, PC multi-year trail

Miles & Schmitt, Md, PC's plans moved -27.3% in assets from 2022 to 2024; this filing shows Miles & Schmitt Md PC 401(k) Profit Sharing Plan at $4M / 14 participants.

#6,934
in Healthcare & Social Assistance (16,916 peers)
-14.3%
assets change YoY

The plan reported a net loss of $700K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Miles & Schmitt Md PC 401(k) Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Miles & Schmitt Md PC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$4,200,979 39th percentile higher than 39% 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

Miles & Schmitt Md PC 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Miles & Schmitt Md PC 401(k) Profit Sharing Plan is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Miles & Schmitt Md PC 401(k) Profit Sharing Plan reported net income fell from $672K in the plan year 2023 filing to -$700K in the plan year 2024 filing.
  • Miles & Schmitt Md PC 401(k) Profit Sharing Plan reported participants fell from 17 in the plan year 2023 filing to 14 in the plan year 2024 filing.
  • Miles & Schmitt Md PC 401(k) Profit Sharing Plan end-of-year assets fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 630620636 · Miles & Schmitt, Md, PC PY 2024 · 401(k)

Miles & Schmitt Md PC 401(k) Profit Sharing Plan · $4M · 14 · 39th

  • PART $4M
  • PART 14
  • PART 39th
  • PART 401(k)
  • PART near Overture Center Foundation 401(k) Retirement Plan
  • PART ind #6934

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 Healthcare & Social Assistance retirement plans → · Plans in Alabama →

Miles & Schmitt Md PC 401(k) Profit Sharing Plan in the asset neighbourhood

Miles & Schmitt Md PC 401(k) Profit Sharing PlanMiles & Schmitt Md PC 401(k)…$4MOverture Center Foundation 401(k) Retirement PlanOverture Center Foundation 4…$4MPreferred Capital Securities, LLC 401(k) PlanPreferred Capital Securities…$4MReibus International 401(k) PlanReibus International 401(k) …$4MOversight Board LLC Retirement PlanOversight Board LLC Retireme…$4M
End-of-year total assets ($M) among Miles & Schmitt Md PC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Miles & Schmitt, Md, PC multi-year asset trail

Sponsor-wide plan assets over time

All Miles & Schmitt, Md, PC plans reported in each filing year

Latest sponsor-wide plan assets
$4M 27.26478020470193% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $5.78M $4.2M ▼ -27.3%
Year Plans Participants Total Assets
2022 2 29 $6M
2023 2 30 $6M
2024 2 27 $4M

Miles & Schmitt, Md, PC filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$700K
Employer EIN630620636
Plan Effective Date1971-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

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

Miles & Schmitt Md PC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Miles & Schmitt Md PC 401(k) Profit Sharing Plan, Total assets ($B): 0.004200979 · Participants: 14Miles & Schmitt Md PC 401(k) Profit Sharing PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Miles & Schmitt Md PC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Miles & Schmitt Md PC 401(k) Profit Sharing Plan side-by-side with 3 peers →

Miles & Schmitt Md PC 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Overture Center Foundation 401(k) Retirement Plan in WI ($4M); by covered participants it is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (14 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 Miles & Schmitt Md PC 401(k) Profit Sharing Plan assets move in 2024? ▼
Miles & Schmitt Md PC 401(k) Profit Sharing Plan pulled back noticeably - down 14.3% during 2024, from $5M to $4M. Reported net income was -$700K.
How have Miles & Schmitt, Md, PC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Miles & Schmitt, Md, PC's sponsor-wide assets declined 27.3%, from $6M to $4M.
Which 401(k) plans are similar in size to Miles & Schmitt Md PC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Overture Center Foundation 401(k) Retirement Plan in WI ($4M, 85 participants).
Which 401(k) plans cover a similar participant headcount to Miles & Schmitt Md PC 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants, $3M 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 630620636.

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.