SCHMIDT ASSOCIATES INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SCHMIDT ASSOCIATES INC. 401K AND PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2023 : SCHMIDT ASSOCIATES INC. 401K AND PROFIT SHARING PLAN 2023 401k financial data |
|---|
| Total income from all sources (including contributions) | 2023-12-31 | $5,753,443 |
| Total of all expenses incurred | 2023-12-31 | $3,504,699 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $3,414,213 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,171,778 |
| Value of total assets at end of year | 2023-12-31 | $21,242,359 |
| Value of total assets at beginning of year | 2023-12-31 | $18,993,615 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $90,486 |
| Total interest from all sources | 2023-12-31 | $3,304 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $361,338 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $361,338 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,292,922 |
| Participant contributions at end of year | 2023-12-31 | $53,289 |
| Participant contributions at beginning of year | 2023-12-31 | $47,364 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $492,149 |
| Total non interest bearing cash at end of year | 2023-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $12,980 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,248,744 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $21,242,359 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $18,993,615 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $48,513 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $20,074,065 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $17,706,657 |
| Interest on participant loans | 2023-12-31 | $3,157 |
| Interest earned on other investments | 2023-12-31 | $147 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $14,180 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $1,045,816 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $1,180,570 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $3,217,023 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $386,707 |
| Employer contributions (assets) at end of year | 2023-12-31 | $55,009 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $46,044 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $3,414,213 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | No |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | PILE CPAS |
| Accountancy firm EIN | 2023-12-31 | 350865680 |
| Total income from all sources (including contributions) | 2023-01-01 | $5,753,443 |
| Total of all expenses incurred | 2023-01-01 | $3,504,699 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $3,414,213 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,171,778 |
| Value of total assets at end of year | 2023-01-01 | $21,242,359 |
| Value of total assets at beginning of year | 2023-01-01 | $18,993,615 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $90,486 |
| Total interest from all sources | 2023-01-01 | $3,304 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $361,338 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $361,338 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,292,922 |
| Participant contributions at end of year | 2023-01-01 | $53,289 |
| Participant contributions at beginning of year | 2023-01-01 | $47,364 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $492,149 |
| Total non interest bearing cash at end of year | 2023-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $12,980 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,248,744 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $21,242,359 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $18,993,615 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $48,513 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $20,074,065 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $17,706,657 |
| Interest on participant loans | 2023-01-01 | $3,157 |
| Interest earned on other investments | 2023-01-01 | $147 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $14,180 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $1,045,816 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $1,180,570 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $3,217,023 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $386,707 |
| Employer contributions (assets) at end of year | 2023-01-01 | $55,009 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $46,044 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $3,414,213 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-01-01 | No |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PILE CPAS |
| Accountancy firm EIN | 2023-01-01 | 350865680 |
| 2022 : SCHMIDT ASSOCIATES INC. 401K AND PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $-2,799,923 |
| Total of all expenses incurred | 2022-12-31 | $2,287,019 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,193,854 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,714,463 |
| Value of total assets at end of year | 2022-12-31 | $18,993,615 |
| Value of total assets at beginning of year | 2022-12-31 | $24,080,557 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $93,165 |
| Total interest from all sources | 2022-12-31 | $3,302 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $293,713 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $293,713 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,219,188 |
| Participant contributions at end of year | 2022-12-31 | $47,364 |
| Participant contributions at beginning of year | 2022-12-31 | $82,057 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $147,029 |
| Administrative expenses (other) incurred | 2022-12-31 | $43,683 |
| Total non interest bearing cash at end of year | 2022-12-31 | $12,980 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $14,883 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-5,086,942 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $18,993,615 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $24,080,557 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $17,706,657 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $22,674,662 |
| Interest on participant loans | 2022-12-31 | $3,146 |
| Interest earned on other investments | 2022-12-31 | $156 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $1,180,570 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,262,350 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-4,811,401 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $348,246 |
| Employer contributions (assets) at end of year | 2022-12-31 | $46,044 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $46,605 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,193,854 |
| Contract administrator fees | 2022-12-31 | $49,482 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | PILE CPAS |
| Accountancy firm EIN | 2022-12-31 | 350865680 |
| Total income from all sources (including contributions) | 2022-01-01 | $-2,799,923 |
| Total of all expenses incurred | 2022-01-01 | $2,287,019 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $2,193,854 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,714,463 |
| Value of total assets at end of year | 2022-01-01 | $18,993,615 |
| Value of total assets at beginning of year | 2022-01-01 | $24,080,557 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $93,165 |
| Total interest from all sources | 2022-01-01 | $3,302 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $293,713 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $293,713 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,219,188 |
| Participant contributions at end of year | 2022-01-01 | $47,364 |
| Participant contributions at beginning of year | 2022-01-01 | $82,057 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $147,029 |
| Administrative expenses (other) incurred | 2022-01-01 | $43,683 |
| Total non interest bearing cash at end of year | 2022-01-01 | $12,980 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $14,883 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-5,086,942 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $18,993,615 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $24,080,557 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $17,706,657 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $22,674,662 |
| Interest on participant loans | 2022-01-01 | $3,146 |
| Interest earned on other investments | 2022-01-01 | $156 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $1,180,570 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $1,262,350 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-4,811,401 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $348,246 |
| Employer contributions (assets) at end of year | 2022-01-01 | $46,044 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $46,605 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $2,193,854 |
| Contract administrator fees | 2022-01-01 | $49,482 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-01-01 | No |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | PILE CPAS |
| Accountancy firm EIN | 2022-01-01 | 350865680 |
| 2021 : SCHMIDT ASSOCIATES INC. 401K AND PROFIT SHARING PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $5,102,885 |
| Total of all expenses incurred | 2021-12-31 | $1,609,350 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,509,531 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,897,610 |
| Value of total assets at end of year | 2021-12-31 | $24,080,557 |
| Value of total assets at beginning of year | 2021-12-31 | $20,587,022 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $99,819 |
| Total interest from all sources | 2021-12-31 | $5,903 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $545,664 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $545,664 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,195,184 |
| Participant contributions at end of year | 2021-12-31 | $82,057 |
| Participant contributions at beginning of year | 2021-12-31 | $142,051 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $355,451 |
| Administrative expenses (other) incurred | 2021-12-31 | $48,493 |
| Total non interest bearing cash at end of year | 2021-12-31 | $14,883 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $11,586 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $3,493,535 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $24,080,557 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $20,587,022 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $51,326 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $22,674,662 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $19,291,424 |
| Interest on participant loans | 2021-12-31 | $5,730 |
| Interest earned on other investments | 2021-12-31 | $173 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,262,350 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,141,961 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,653,708 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $346,975 |
| Employer contributions (assets) at end of year | 2021-12-31 | $46,605 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,509,531 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | PILE CPAS |
| Accountancy firm EIN | 2021-12-31 | 350865680 |
| 2011 : SCHMIDT ASSOCIATES INC. 401K AND PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2011-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total transfer of assets to this plan | 2011-12-31 | $0 |
| Total transfer of assets from this plan | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Expenses. Interest paid | 2011-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $405,935 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $325,074 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $309,790 |
| Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $0 |
| Value of total corrective distributions | 2011-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $534,722 |
| Value of total assets at end of year | 2011-12-31 | $6,112,119 |
| Value of total assets at beginning of year | 2011-12-31 | $6,031,257 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $15,284 |
| Total income from rents | 2011-12-31 | $0 |
| Total interest from all sources | 2011-12-31 | $20,576 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $0 |
| Assets. Real estate other than employer real property at end of year | 2011-12-31 | $0 |
| Assets. Real estate other than employer real property at beginning of year | 2011-12-31 | $0 |
| Administrative expenses professional fees incurred | 2011-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2011-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2011-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $501,852 |
| Participant contributions at end of year | 2011-12-31 | $63,782 |
| Participant contributions at beginning of year | 2011-12-31 | $39,410 |
| Participant contributions at end of year | 2011-12-31 | $0 |
| Participant contributions at beginning of year | 2011-12-31 | $20,589 |
| Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $32,870 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2011-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $0 |
| Assets. Loans (other than to participants) at end of year | 2011-12-31 | $0 |
| Assets. Loans (other than to participants) at beginning of year | 2011-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $0 |
| Other income not declared elsewhere | 2011-12-31 | $0 |
| Administrative expenses (other) incurred | 2011-12-31 | $15,284 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $0 |
| Total non interest bearing cash at end of year | 2011-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2011-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Income. Non cash contributions | 2011-12-31 | $0 |
| Value of net income/loss | 2011-12-31 | $80,861 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $6,112,119 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,031,257 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2011-12-31 | $0 |
| Assets. partnership/joint venture interests at beginning of year | 2011-12-31 | $0 |
| Investment advisory and management fees | 2011-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $5,541,547 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $5,242,839 |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $0 |
| Interest on participant loans | 2011-12-31 | $3,099 |
| Income. Interest from loans (other than to participants) | 2011-12-31 | $0 |
| Interest earned on other investments | 2011-12-31 | $0 |
| Income. Interest from US Government securities | 2011-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2011-12-31 | $0 |
| Value of interest in master investment trust accounts at end of year | 2011-12-31 | $0 |
| Value of interest in master investment trust accounts at beginning of year | 2011-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $17,477 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2011-12-31 | $0 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2011-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $506,790 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $728,419 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-12-31 | $0 |
| Asset value of US Government securities at end of year | 2011-12-31 | $0 |
| Asset value of US Government securities at beginning of year | 2011-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-149,363 |
| Net investment gain/loss from pooled separate accounts | 2011-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2011-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2011-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Assets. Invements in employer securities at end of year | 2011-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $0 |
| Assets. Value of employer real property at end of year | 2011-12-31 | $0 |
| Assets. Value of employer real property at beginning of year | 2011-12-31 | $0 |
| Contributions received in cash from employer | 2011-12-31 | $0 |
| Employer contributions (assets) at end of year | 2011-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $0 |
| Income. Dividends from preferred stock | 2011-12-31 | $0 |
| Income. Dividends from common stock | 2011-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $309,790 |
| Asset. Corporate debt instrument preferred debt at end of year | 2011-12-31 | $0 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2011-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at end of year | 2011-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2011-12-31 | $0 |
| Contract administrator fees | 2011-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2011-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-12-31 | $0 |
| Liabilities. Value of benefit claims payable at end of year | 2011-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $0 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2011-12-31 | $0 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2011-12-31 | $0 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Aggregate proceeds on sale of assets | 2011-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at end of year | 2011-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2011-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | RJ PILE, LLC |
| Accountancy firm EIN | 2011-12-31 | 350865680 |
| 2010 : SCHMIDT ASSOCIATES INC. 401K AND PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,133,853 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $63,109 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $49,465 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $478,722 |
| Value of total assets at end of year | 2010-12-31 | $6,031,257 |
| Value of total assets at beginning of year | 2010-12-31 | $4,960,513 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $13,644 |
| Total interest from all sources | 2010-12-31 | $21,061 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $478,722 |
| Participant contributions at end of year | 2010-12-31 | $39,410 |
| Participant contributions at beginning of year | 2010-12-31 | $5,444 |
| Participant contributions at end of year | 2010-12-31 | $20,589 |
| Participant contributions at beginning of year | 2010-12-31 | $10,339 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $1,070,744 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,031,257 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $4,960,513 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Investment advisory and management fees | 2010-12-31 | $13,644 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $5,242,839 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $4,283,043 |
| Interest on participant loans | 2010-12-31 | $428 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $20,633 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $728,419 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $661,687 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $634,070 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $49,465 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | RJ PILE, LLC |
| Accountancy firm EIN | 2010-12-31 | 350865680 |
| 2009 : SCHMIDT ASSOCIATES INC. 401K AND PROFIT SHARING PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
