401(k) · DOL Form 5500 · 2024
Schmitt Management Corporation 401(k) Plan
Data updated 2026-08-25
- $7M
- Total assets Small plan by assets
- 427
- Participants Below avg headcount
- 47th
- Percentile by assets National rank
- $15,629
- Avg per participant Low balance/head
Official DOL plan name: Schmitt McDonald's 401(k) Plan & Trust · Sponsored by Schmitt Management Corporation · Illinois · Food Services & Accommodation
$7M in assets, 427 participants
Schmitt Management Corporation's Schmitt McDonald's 401(k) Plan & Trust reported $7M in total assets and 427 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.
- #2,927 in Food Services & Accommodation (3,672 peers)
Food Services & Accommodation sector rank
Within Food Services & Accommodation, Schmitt McDonald's 401(k) Plan & Trust ranks #2,927 of 3,672 2024 filers by assets (293% of the sector average)-$7M for 427 participants.
- #2,927
- in Food Services & Accommodation (3,672 peers)
- -40.8%
- assets change YoY
Schmitt McDonald's 401(k) Plan & Trust's mid-pack asset rank among Food Services & Accommodation and all filers
Schmitt McDonald's 401(k) Plan & Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$6,673,477 47th percentile higher than 47% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Schmitt McDonald's 401(k) Plan & Trust 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. Schmitt McDonald's 401(k) Plan & Trust sits mid-pack in the medium band (427 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Schmitt McDonald's 401(k) Plan & Trust end-of-year assets fell from $11M in the plan year 2023 filing to $7M in the plan year 2024 filing.
- Schmitt McDonald's 401(k) Plan & Trust reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Schmitt McDonald's 401(k) Plan & Trust reported participants fell from 470 in the plan year 2023 filing to 427 in the plan year 2024 filing.
DOL schedule card
Filing strip 363503402 · Schmitt Management Corporation PY 2024 · 401(k)
Schmitt McDonald's 401(k) Plan & Trust · $7M · 427 · 47th
- BOOK $7M
- BOOK 427
- BOOK 47th
- BOOK 401(k)
- BOOK near Dgn Technologies Inc 401(k) Plan
- BOOK ind #2927
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 Food Services & Accommodation retirement plans → · Plans in Illinois →
Schmitt McDonald's 401(k) Plan & Trust in the asset neighbourhood
Food Services & Accommodation filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $7M |
| Net Income | $2M |
| Employer EIN | 363503402 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Schmitt Management Corporation)
Sponsor-wide plan assets over time
All Schmitt Management Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $7M 27.53672554778179% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 426 | $9M |
| 2023 | 1 | 470 | $11M |
| 2024 | 1 | 427 | $7M |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Accenture United States 401(k) Match and Savings Plan $21.3B · 66,965
- State Farm 401(k) Savings Plan $19.0B · 63,297
- United Airlines Pilot Retirement Account Plan $16.8B · 16,659
- Abbott Laboratories Stock Retirement Plan $15.8B · 38,229
- Walgreens Retirement Savings Plan $14.5B · 233,635
Schmitt McDonald's 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is Dgn Technologies Inc 401(k) Plan in CA ($7M); by covered participants it is Summit Design & Engineering Services, PLLC Employees Savings Trust in NC (427 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7M here).
Similar participant headcount
Nearest other-state filings by covered participants (427 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.