2023 Form 5500 filing — Schmitt Mcdonald'S 401(K) Plan & Trust
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 20241014100010NAL0025876177001) for Schmitt Mcdonald'S 401(K) Plan & Trust, reported by Schmitt Management Corporation under EIN 36-3503402 and plan number 001. It reports 511 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014100010NAL0025876177001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Schmitt Management Corporation
- EIN
- 36-3503402
- Plan number
- 001
- Location
- Aurora, IL
- Participants
- 511
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,269,592
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,269,592
- Employer contributions
- $178,288
- Participant contributions
- $287,142
- Total income / additions
- $3,183,462
- Benefits paid
- $1,049,949
- Administrative expenses
- $73,057
- Total expenses
- $1,123,006
- Net increase / (decrease)
- $2,060,456
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Old Second National Bank | NONE | $66,916 | not reported in the loaded dataset |
| Epic Retirement Plan Services | NONE | $1,582 | $0 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |