Michael Schema
Plan context: Schema Cash Balance Plan
EIN 31-1661457 • Faribault, MN • 8 filings • 2 plans
Current Snapshot
Latest Year
2025
2025 Participants
7
2025 Assets
$1,812,027
2025 Contributions
$544,187
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2025 | 2 | 7 | $1,812,027 | $0 | - |
| Schema Cash Balance Plan | - | 3 | $1,405,623 | - | - |
| Schema Profit Sharing Plan | - | 7 | $406,404 | $0 | - |
| 2024 | 2 | 6 | $1,717,541 | $544,187 | $90,698iApproximate average salary by contribution assumption: employee only about $2,267,446 at 4% or $1,511,631 at 6%; with 50% employer match about $1,511,631 at 4% or $1,007,754 at 6%; with 100% employer match about $1,133,723 at 4% or $755,815 at 6%. |
| Schema Cash Balance Plan | - | 4 | $1,331,000 | $420,155 | $105,039iApproximate average salary by contribution assumption: employee only about $2,625,969 at 4% or $1,750,646 at 6%; with 50% employer match about $1,750,646 at 4% or $1,167,097 at 6%; with 100% employer match about $1,312,984 at 4% or $875,323 at 6%. |
| Schema Profit Sharing Plan | - | 6 | $386,541 | $124,032 | $20,672iApproximate average salary by contribution assumption: employee only about $516,800 at 4% or $344,533 at 6%; with 50% employer match about $344,533 at 4% or $229,689 at 6%; with 100% employer match about $258,400 at 4% or $172,267 at 6%. |
| 2023 | 2 | 5 | $1,130,986 | $541,466 | $108,293iApproximate average salary by contribution assumption: employee only about $2,707,330 at 4% or $1,804,887 at 6%; with 50% employer match about $1,804,887 at 4% or $1,203,258 at 6%; with 100% employer match about $1,353,665 at 4% or $902,443 at 6%. |
| Schema Cash Balance Plan | - | 3 | $877,332 | $423,741 | $141,247iApproximate average salary by contribution assumption: employee only about $3,531,175 at 4% or $2,354,117 at 6%; with 50% employer match about $2,354,117 at 4% or $1,569,411 at 6%; with 100% employer match about $1,765,588 at 4% or $1,177,058 at 6%. |
| Schema Profit Sharing Plan | - | 5 | $253,654 | $117,725 | $23,545iApproximate average salary by contribution assumption: employee only about $588,625 at 4% or $392,417 at 6%; with 50% employer match about $392,417 at 4% or $261,611 at 6%; with 100% employer match about $294,313 at 4% or $196,208 at 6%. |
| 2022 | 2 | 5 | $560,189 | $560,189 | $112,038iApproximate average salary by contribution assumption: employee only about $2,800,945 at 4% or $1,867,297 at 6%; with 50% employer match about $1,867,297 at 4% or $1,244,864 at 6%; with 100% employer match about $1,400,473 at 4% or $933,648 at 6%. |
| Schema Cash Balance Plan | - | 5 | $431,000 | $431,000 | $86,200iApproximate average salary by contribution assumption: employee only about $2,155,000 at 4% or $1,436,667 at 6%; with 50% employer match about $1,436,667 at 4% or $957,778 at 6%; with 100% employer match about $1,077,500 at 4% or $718,333 at 6%. |
| Schema Profit Sharing Plan | - | 5 | $129,189 | $129,189 | $25,838iApproximate average salary by contribution assumption: employee only about $645,945 at 4% or $430,630 at 6%; with 50% employer match about $430,630 at 4% or $287,087 at 6%; with 100% employer match about $322,973 at 4% or $215,315 at 6%. |