Retirement plan

SCHMIDT FUNERAL & CREMATION SERVICES, 401(K) PROFIT SHARING PLAN

Name: SCHMIDT FUNERAL & CREMATION SERVICES - SCHMIDT FUNERAL & CREMATION SERVICES, 401(K) PROFIT SHARING PLAN (2025) Form 5500
Creator: SCHMIDT FUNERAL & CREMATION SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHMIDT FUNERAL & CREMATION SERVICES, 401(K) PROFIT SHARING PLAN, SCHMIDT FUNERAL & CREMATION SERVICES

SCHMIDT FUNERAL & CREMATION SERVICESEIN 45-4157515Plan #001PY 2025

1220 THIRD AVE E - SHAKOPEE, MN 55379952-445-2755

Prospect flagsLow participationHigh assets / participant

How to read this page

Total assets (EOY)

$1.7M

+30.2% from 2024

Total participants

+50.0% from 2024

Average account balance

$414,413

-2.4% from 2024

Annual return

20.12%

+4.26 pp from 2024

Benchmarks

See 48,836 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort48,836 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.66M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$414K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+20.12%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$172

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2F2G3D2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$688

$138 / participant

Other / not subdivided$688100.0%

% of EOY assets

0.042%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$414,413

$70,366+488.9%

$66,674+521.6%

$138,895+198.4%

Participation rate

60.0%

76.2%-16.2pp

73.7%-13.7pp

79.9%-19.9pp

Annual return

20.12%

386.41%-366.3pp

321.24%-301.1pp

145.39%-125.3pp

Employer contribution / active EE

$13,061

$2,765+372.4%

$2,620+398.5%

$4,194+211.4%

Participant deferral / active EE

$12,520

$4,374+186.2%

$4,084+206.6%

$6,396+95.7%

Admin fee / account holder

$172

$5,262-96.7%

$5,098-96.6%

$12,562-98.6%

SCHMIDT FUNERAL & CREMATION SERVICES, 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHMIDT FUNERAL & CREMATION SERVICES, 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion