Schimberg Co. Profit Sharing Plan — Form 5500 plan (Schimberg Co.)
Plain-English plan 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, Schimberg Co. Profit Sharing Plan is a benefit plan reported by Schimberg Co. under EIN 42-0509630 and plan number 001. The latest loaded filing year is 2023. The filing reports 167 participants and $37,119,423 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Schimberg Co.
- EIN
- 42-0509630
- Plan number
- 001
- Plan type
- 2
- Location
- Cedar Rapids, IA
- Latest filing year
- 2023
- Participants
- 167
- End-of-year plan assets
- $37,119,423
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 167 | H, C | 20240828154909NAL0005847027002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,119,423
- Net assets (EOY)
- $37,119,423
- Net assets (BOY)
- $30,860,632
Income & contributions
- Employer contributions
- $2,370,151
- Total contributions
- $2,370,151
- Total income / additions
- $7,531,148
Expenses & distributions
- Benefits paid
- $1,199,401
- Administrative expenses
- $72,956
- Total expenses
- $1,272,357
- Net increase / (decrease)
- $6,258,791
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wells Fargo Clearing Services, LLC | ADVISOR | $72,456 | not reported in the loaded dataset | 2023 |
| Transamerica Retirement Solutions | RECORD KEEPER | $500 | $0 | 2023 |
| National Financial Services | SECURITIES BROKER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Schimberg Co.
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in Cedar Rapids, IA
- Wells Fargo Clearing Services, LLC — Schedule C compensation
- Transamerica Retirement Solutions — Schedule C compensation
- National Financial Services — Schedule C compensation