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, Schmitty & Sons Holdings, Inc. 401(K) Plan is a benefit plan reported by Schmitty & Sons Holdings, Inc. under EIN 81-0928055 and plan number 001. The latest loaded filing year is 2023. The filing reports 595 participants and $10,731,837 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,731,837
- Total liabilities (EOY)
- $117,607
- Net assets (EOY)
- $10,614,230
- Net assets (BOY)
- $10,258,869
Income & contributions
- Employer contributions
- $572,439
- Participant contributions
- $1,161,513
- Total contributions
- $1,741,575
- Total income / additions
- $3,098,899
Expenses & distributions
- Benefits paid
- $2,657,799
- Administrative expenses
- $85,739
- Total expenses
- $2,743,538
- Net increase / (decrease)
- $355,361