2023 Form 5500 filing — Schmidt Associates Inc. 401k And Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240925150520NAL0014912401002) for Schmidt Associates Inc. 401k And Profit Sharing Plan, reported by Schmidt Associates Inc. under EIN 35-1402312 and plan number 001. It reports 134 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$21.2MReported net assets$21,242,359
Participants134
Provider compensation$90.6K2 Schedule C row(s)$90,592
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240925150520NAL0014912401002
- Plan sponsor
- Schmidt Associates Inc.
- EIN
- 35-1402312
- Plan number
- 001
- Location
- Indianapolis, IN
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$21.2M total assets
Net assets$21.2MLiabilities—
Full reported line items
- Total assets (EOY)
- $21,242,359
- Net assets (EOY)
- $21,242,359
- Employer contributions
- $386,707
- Participant contributions
- $1,292,922
- Total income / additions
- $5,753,443
- Benefits paid
- $3,414,213
- Administrative expenses
- $90,486
- Total expenses
- $3,504,699
- Net increase / (decrease)
- $2,248,744
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Shepherd Financial Investment Advis | INVESTMENT ADVISORY | $48,619 | not reported in the loaded dataset |
| Transamerica Retirement Solutions, | RECORDKEEPER | $41,973 | $0 |