401(k) · DOL Form 5500 · 2024

Schafer Industries Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
296
Participants Below avg headcount
64th
Percentile by assets National rank
$49,829
Avg per participant Low balance/head
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Official DOL plan name: Schafer Industries Inc. 401(k) Plan · Sponsored by Schafer Industries Inc. · Indiana · Manufacturing

$15M in assets, 296 participants

Schafer Industries Inc.'s Schafer Industries Inc. 401(k) Plan reported $15M in total assets and 296 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #9,247 in Manufacturing (17,777 peers)

Schafer Industries Inc. multi-year trail

Schafer Industries Inc.'s plans moved +42.5% in assets from 2022 to 2024; this filing shows Schafer Industries Inc. 401(k) Plan at $15M / 296 participants.

#9,247
in Manufacturing (17,777 peers)
+11.3%
assets growth YoY

Schafer Industries Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Schafer Industries Inc. 401(k) Plan vs every filed plan by assets

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

$14,749,359 Top 36% higher than 64% 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

Schafer Industries Inc. 401(k) 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. Schafer Industries Inc. 401(k) Plan sits mid-pack in the medium band (296 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schafer Industries Inc. 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Schafer Industries Inc. 401(k) Plan end-of-year assets rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Schafer Industries Inc. 401(k) Plan reported participants rose from 275 in the plan year 2023 filing to 296 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 351718069 · Schafer Industries Inc. PY 2024 · 401(k)

Schafer Industries Inc. 401(k) Plan · $15M · 296 · 64th

  • BOY $15M
  • SCH 296
  • EBSA 64th
  • PART 401(k)
  • TYPE near Path Ccm, Inc. 401(k) Plan
  • NET ind #9247

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 Manufacturing retirement plans → · Plans in Indiana →

Schafer Industries Inc. 401(k) Plan in the asset neighbourhood

Schafer Industries Inc. 401(k) PlanSchafer Industries Inc. 401(…$15MPath Ccm, Inc. 401(k) Plan$15MAlliance Neurodiagnostics, LLC Dba Stratus 401(k) PlanAlliance Neurodiagnostics, L…$15MM J Engineering and Land Surveying, P.C. 401(k) Profit Sharing PlanM J Engineering and Land Sur…$15MFrederick Goldman Inc. 401(k) Employee Savings PlanFrederick Goldman Inc. 401(k…$15M
End-of-year total assets ($M) among Schafer Industries Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Schafer Industries Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Schafer Industries Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 42.49536555948914% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $10.4M $14.8M ▲ +42.5%
Year Plans Participants Total Assets
2022 1 230 $10M
2023 1 275 $13M
2024 1 296 $15M

Schafer Industries Inc. filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$1M
Employer EIN351718069
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Schafer Industries Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Schafer Industries Inc. 401(k) Plan, Total assets ($B): 0.014749359 · Participants: 296Schafer Industries Inc. 401(k) 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
Schafer Industries Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Schafer Industries Inc. 401(k) Plan side-by-side with 3 peers →

Schafer Industries Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Path Ccm, Inc. 401(k) Plan in CA ($15M); by covered participants it is Bonhams & Butterfields 401(k) Plan in NY (296 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (296 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 Schafer Industries Inc. 401(k) Plan assets move in 2024? ▼
Schafer Industries Inc. 401(k) Plan grew at a solid clip - up 11.3% during 2024, from $13M to $15M. Reported net income was $1M.
How have Schafer Industries Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schafer Industries Inc.'s sponsor-wide assets grew 42.5%, from $10M to $15M.
Which 401(k) plans are similar in size to Schafer Industries Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Path Ccm, Inc. 401(k) Plan in CA ($15M, 255 participants).
Which 401(k) plans cover a similar participant headcount to Schafer Industries Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bonhams & Butterfields 401(k) Plan in NY (296 participants, $35M 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 351718069.

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.