Civic Intelligence

Jak Schmidt Inc.

Plan context: Jak Schmidt Inc. 401K Profit Sharing Plan

EIN 82-2070083 • 7 filings • 1 plans

Current Snapshot

Latest Year

2023

2023 Participants

2

2023 Assets

$13,257,482

2023 Contributions

$122,000

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$13,257,482$6,628,741$0201720202022YearValue
$13,257,482Latest year 2022

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

210201720202022YearValue
2Latest year 2022

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 / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202310$0$0-
Jak Schmidt Inc. 401K Profit Sharing Plan-0---
202212$13,257,482$122,000$61,000iApproximate average salary by contribution assumption: employee only about $1,525,000 at 4% or $1,016,667 at 6%; with 50% employer match about $1,016,667 at 4% or $677,778 at 6%; with 100% employer match about $762,500 at 4% or $508,333 at 6%.
Jak Schmidt Inc. 401K Profit Sharing Plan-2$13,257,482$122,000$61,000iApproximate average salary by contribution assumption: employee only about $1,525,000 at 4% or $1,016,667 at 6%; with 50% employer match about $1,016,667 at 4% or $677,778 at 6%; with 100% employer match about $762,500 at 4% or $508,333 at 6%.
202112$12,375,389$116,000$58,000iApproximate average salary by contribution assumption: employee only about $1,450,000 at 4% or $966,667 at 6%; with 50% employer match about $966,667 at 4% or $644,444 at 6%; with 100% employer match about $725,000 at 4% or $483,333 at 6%.
Jak Schmidt Inc. 401K Profit Sharing Plan-2$12,375,389$116,000$58,000iApproximate average salary by contribution assumption: employee only about $1,450,000 at 4% or $966,667 at 6%; with 50% employer match about $966,667 at 4% or $644,444 at 6%; with 100% employer match about $725,000 at 4% or $483,333 at 6%.
202012$2,743,605$108,000$54,000iApproximate average salary by contribution assumption: employee only about $1,350,000 at 4% or $900,000 at 6%; with 50% employer match about $900,000 at 4% or $600,000 at 6%; with 100% employer match about $675,000 at 4% or $450,000 at 6%.
Jak Schmidt Inc. 401K Profit Sharing Plan-2$2,743,605$108,000$54,000iApproximate average salary by contribution assumption: employee only about $1,350,000 at 4% or $900,000 at 6%; with 50% employer match about $900,000 at 4% or $600,000 at 6%; with 100% employer match about $675,000 at 4% or $450,000 at 6%.
201912$961,463$38,000$19,000iApproximate average salary by contribution assumption: employee only about $475,000 at 4% or $316,667 at 6%; with 50% employer match about $316,667 at 4% or $211,111 at 6%; with 100% employer match about $237,500 at 4% or $158,333 at 6%.
Jak Schmidt Inc. 401K Profit Sharing Plan-2$961,463$38,000$19,000iApproximate average salary by contribution assumption: employee only about $475,000 at 4% or $316,667 at 6%; with 50% employer match about $316,667 at 4% or $211,111 at 6%; with 100% employer match about $237,500 at 4% or $158,333 at 6%.
201812$16,915$277$139iApproximate average salary by contribution assumption: employee only about $3,463 at 4% or $2,308 at 6%; with 50% employer match about $2,308 at 4% or $1,539 at 6%; with 100% employer match about $1,731 at 4% or $1,154 at 6%.
Jak Schmidt Inc. 401K Profit Sharing Plan-2$16,915$277$139iApproximate average salary by contribution assumption: employee only about $3,463 at 4% or $2,308 at 6%; with 50% employer match about $2,308 at 4% or $1,539 at 6%; with 100% employer match about $1,731 at 4% or $1,154 at 6%.
201712$325,202$325,185$162,593iApproximate average salary by contribution assumption: employee only about $4,064,813 at 4% or $2,709,875 at 6%; with 50% employer match about $2,709,875 at 4% or $1,806,583 at 6%; with 100% employer match about $2,032,406 at 4% or $1,354,938 at 6%.
Jak Schmidt Inc. 401K Profit Sharing Plan-2$325,202$325,185$162,593iApproximate average salary by contribution assumption: employee only about $4,064,813 at 4% or $2,709,875 at 6%; with 50% employer match about $2,709,875 at 4% or $1,806,583 at 6%; with 100% employer match about $2,032,406 at 4% or $1,354,938 at 6%.