401(k) · DOL Form 5500 · 2024

Smith Schafer & Associates, Ltd. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
112
Participants Small participant base
77th
Percentile by assets National rank
$268,531
Avg per participant High balance/head
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Official DOL plan name: Smith Schafer and Associates, Ltd. 401(k) Plan and Trust · Sponsored by Smith Schafer & Associates, Ltd. · Minnesota · Professional & Technical Services

$30M in assets, 112 participants

Smith Schafer & Associates, Ltd.'s Smith Schafer and Associates, Ltd. 401(k) Plan and Trust reported $30M in total assets and 112 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #15,601 in Professional & Technical Services (20,173 peers)

Coverage in Minnesota

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust covers 112 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $30M.

#15,601
in Professional & Technical Services (20,173 peers)
+14.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust's outsized position by total assets

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust vs every filed plan by assets

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

$30,075,454 Top 23% higher than 77% 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

Smith Schafer and Associates, Ltd. 401(k) Plan and 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. Smith Schafer and Associates, Ltd. 401(k) Plan and Trust sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Smith Schafer and Associates, Ltd. 401(k) Plan and Trust reported net income rose from $2M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Smith Schafer and Associates, Ltd. 401(k) Plan and Trust end-of-year assets rose from $26M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Smith Schafer and Associates, Ltd. 401(k) Plan and Trust reported participants rose from 105 in the plan year 2023 filing to 112 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411489071 · Smith Schafer & Associates, Ltd. PY 2024 · 401(k)

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust · $30M · 112 · 77th

  • EBSA $30M
  • PART 112
  • TYPE 77th
  • NET 401(k)
  • BOOK near Praxis Medical Group 401(k) Plan
  • VS-ST ind #15601

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 Minnesota →

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust in the asset neighbourhood

Smith Schafer and Associates, Ltd. 401(k) Plan and TrustSmith Schafer and Associates…$30MPraxis Medical Group 401(k) PlanPraxis Medical Group 401(k) …$30MForbo USA Retirement Plan$30MSafeguard Properties Management, LLC 401(k) Profit Sharing PlanSafeguard Properties Managem…$30MThe Summit Federal Credit Union 401(k) PlanThe Summit Federal Credit Un…$30M
End-of-year total assets ($M) among Smith Schafer and Associates, Ltd. 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$30M
Net Income$4M
Employer EIN411489071
Plan Effective Date1991-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith Schafer & Associates, Ltd.)

Sponsor-wide plan assets over time

All Smith Schafer & Associates, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 26.3333384720017% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $23.8M $30.1M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 99 $24M
2023 1 105 $26M
2024 1 112 $30M

Nearby 401(k) Plans in Minnesota

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

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Smith Schafer and Associates, Ltd. 401(k) Plan and Trust, Total assets ($B): 0.030075454 · Participants: 112Smith Schafer and Associates, Ltd. 401(k) Plan and TrustWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Smith Schafer and Associates, Ltd. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Smith Schafer and Associates, Ltd. 401(k) Plan and Trust side-by-side with 3 peers →

Smith Schafer and Associates, Ltd. 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Praxis Medical Group 401(k) Plan in OR ($30M); by covered participants it is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 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 Smith Schafer and Associates, Ltd. 401(k) Plan and Trust assets move in 2024? ▼
Smith Schafer and Associates, Ltd. 401(k) Plan and Trust grew at a solid clip - up 14.9% during 2024, from $26M to $30M. Reported net income was $4M.
How have Smith Schafer & Associates, Ltd. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smith Schafer & Associates, Ltd.'s sponsor-wide assets grew 26.3%, from $24M to $30M.
Where does Smith Schafer and Associates, Ltd. 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
Smith Schafer and Associates, Ltd. 401(k) Plan and Trust ranks in the 77th 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 Smith Schafer and Associates, Ltd. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Praxis Medical Group 401(k) Plan in OR ($30M, 539 participants).
Which 401(k) plans cover a similar participant headcount to Smith Schafer and Associates, Ltd. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 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 411489071.

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.