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).
- EFAST2 acknowledgement
- 20240925150520NAL0014912401002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Schmidt Associates Inc.
- EIN
- 35-1402312
- Plan number
- 001
- Location
- Indianapolis, IN
- Participants
- 134
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- 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
- Schedule source
- Schedule H
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 |