401k Plan data: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN plan

SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN
Plan identification number	002

SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

SCHMIDT EQUIPMENT, INC. has sponsored the creation of one or more 401k plans.

Company Name: SCHMIDT EQUIPMENT, INC.

Employer identification number (EIN): 042270977

NAIC Classification: 423800

Additional information about SCHMIDT EQUIPMENT, INC.

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division

Incorporation Date: 1966-03-02

Company Identification Number: 348644

Legal Registered Office Address: 3462 AUSTIN RD
-
GENEVA
United States of America (USA)
44041

More information about SCHMIDT EQUIPMENT, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01 WALTER DEADDER SR
002 2017-01-01 WALTER F. DEADDER
002 2016-01-01 WALTER DEADDER
002 2015-01-01 WALTER DEADDER 2016-07-22
002 2014-01-01 WALTER DEADDER 2015-06-24
002 2013-01-01 WALTER DEADDER 2014-07-07
002 2012-01-01 WALTER DEADDER 2013-06-18
002 2011-01-01 WALTER DEADDER 2012-06-13
002 2010-01-01 WALTER DEADDER 2011-07-25
002 2009-01-01 WALTER DEADDER WALTER DEADDER 2010-08-20

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2018-01-01	WALTER DEADDER SR
002	2017-01-01	WALTER F. DEADDER
002	2016-01-01	WALTER DEADDER
002	2015-01-01	WALTER DEADDER	2016-07-22
002	2014-01-01	WALTER DEADDER	2015-06-24
002	2013-01-01	WALTER DEADDER	2014-07-07
002	2012-01-01	WALTER DEADDER	2013-06-18
002	2011-01-01	WALTER DEADDER	2012-06-13
002	2010-01-01	WALTER DEADDER	2011-07-25
002	2009-01-01	WALTER DEADDER		WALTER DEADDER	2010-08-20

Plan Statistics for SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN

Measure Date Value
2021: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 0
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 0
Number of participants with account balances 2021-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 143
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 123
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 14
Total of all active and inactive participants 2020-01-01 137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 137
Number of participants with account balances 2020-01-01 137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 1
2019: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 130
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 13
Total of all active and inactive participants 2019-01-01 143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 143
Number of participants with account balances 2019-01-01 143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 133
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 127
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 10
Total of all active and inactive participants 2018-01-01 137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 137
Number of participants with account balances 2018-01-01 137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 1
2017: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 131
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 121
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 10
Total of all active and inactive participants 2017-01-01 131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 131
Number of participants with account balances 2017-01-01 131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 116
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 10
Total of all active and inactive participants 2016-01-01 126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 126
Number of participants with account balances 2016-01-01 125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 2
2009: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 131
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 91
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 6
Total of all active and inactive participants 2009-01-01 97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 97
Number of participants with account balances 2009-01-01 95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2021: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	0
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	0
Number of participants with account balances	2021-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	143
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	123
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	14
Total of all active and inactive participants	2020-01-01	137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	137
Number of participants with account balances	2020-01-01	137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	1
2019: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	130
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	13
Total of all active and inactive participants	2019-01-01	143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	143
Number of participants with account balances	2019-01-01	143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	133
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	127
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	10
Total of all active and inactive participants	2018-01-01	137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	137
Number of participants with account balances	2018-01-01	137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	1
2017: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	131
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	121
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	10
Total of all active and inactive participants	2017-01-01	131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	131
Number of participants with account balances	2017-01-01	131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	116
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	10
Total of all active and inactive participants	2016-01-01	126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	126
Number of participants with account balances	2016-01-01	125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	2
2009: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	131
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	91
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	6
Total of all active and inactive participants	2009-01-01	97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	97
Number of participants with account balances	2009-01-01	95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2021 : SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets to this plan	2021-12-31	$0
Total transfer of assets from this plan	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$2,998,409
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$18,828,785
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$18,797,824
Expenses. Certain deemed distributions of participant loans	2021-12-31	$8,585
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$959,196
Value of total assets at end of year	2021-12-31	$0
Value of total assets at beginning of year	2021-12-31	$15,830,376
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$22,376
Total interest from all sources	2021-12-31	$15,305
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$122,844
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2021-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$122,844
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	$638,431
Participant contributions at beginning of year	2021-12-31	$293,600
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$20,765
Administrative expenses (other) incurred	2021-12-31	$22,376
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	$-15,830,376
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$15,830,376
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
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$14,905,252
Interest on participant loans	2021-12-31	$15,305
Value of interest in common/collective trusts at beginning of year	2021-12-31	$631,524
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,891,195
Net investment gain or loss from common/collective trusts	2021-12-31	$9,869
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	$300,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$18,797,824
Did the plan have assets held for investment	2021-12-31	No
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	Yes
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	BOLLUS LYNCH LLP
Accountancy firm EIN	2021-12-31	043037870
2020 : SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total transfer of assets from this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$2,852,661
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,690,996
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,645,048
Expenses. Certain deemed distributions of participant loans	2020-12-31	$26,570
Value of total corrective distributions	2020-12-31	$2,840
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$957,464
Value of total assets at end of year	2020-12-31	$15,830,376
Value of total assets at beginning of year	2020-12-31	$14,668,711
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$16,538
Total interest from all sources	2020-12-31	$23,244
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$389,846
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$389,846
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$752,643
Participant contributions at end of year	2020-12-31	$293,600
Participant contributions at beginning of year	2020-12-31	$353,921
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$29,821
Administrative expenses (other) incurred	2020-12-31	$16,538
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,161,665
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$15,830,376
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$14,668,711
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$14,905,252
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$13,703,046
Interest on participant loans	2020-12-31	$23,244
Value of interest in common/collective trusts at end of year	2020-12-31	$631,524
Value of interest in common/collective trusts at beginning of year	2020-12-31	$611,744
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,467,772
Net investment gain or loss from common/collective trusts	2020-12-31	$14,335
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$175,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,645,048
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	BOLLUS LYNCH, LLP
Accountancy firm EIN	2020-12-31	043037870
2019 : SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets from this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$3,602,248
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$570,879
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$515,804
Expenses. Certain deemed distributions of participant loans	2019-12-31	$41,077
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$907,747
Value of total assets at end of year	2019-12-31	$14,668,711
Value of total assets at beginning of year	2019-12-31	$11,637,342
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$13,998
Total interest from all sources	2019-12-31	$19,818
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$369,908
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$369,908
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$707,747
Participant contributions at end of year	2019-12-31	$353,921
Participant contributions at beginning of year	2019-12-31	$231,234
Administrative expenses (other) incurred	2019-12-31	$13,998
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$3,031,369
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$14,668,711
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$11,637,342
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$13,703,046
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$10,799,657
Interest on participant loans	2019-12-31	$19,818
Value of interest in common/collective trusts at end of year	2019-12-31	$611,744
Value of interest in common/collective trusts at beginning of year	2019-12-31	$606,451
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,287,092
Net investment gain or loss from common/collective trusts	2019-12-31	$17,683
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$515,804
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BOLLUS LYNCH, LLP
Accountancy firm EIN	2019-12-31	043037870
2018 : SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total transfer of assets to this plan	2018-12-31	$0
Total transfer of assets from this plan	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$153,418
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$1,069,888
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$1,044,180
Expenses. Certain deemed distributions of participant loans	2018-12-31	$118
Value of total corrective distributions	2018-12-31	$11,685
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$881,321
Value of total assets at end of year	2018-12-31	$11,637,342
Value of total assets at beginning of year	2018-12-31	$12,553,812
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$13,905
Total interest from all sources	2018-12-31	$9,715
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$378,043
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$378,043
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$670,737
Participant contributions at end of year	2018-12-31	$231,234
Participant contributions at beginning of year	2018-12-31	$189,773
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$10,584
Administrative expenses (other) incurred	2018-12-31	$13,905
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-916,470
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$11,637,342
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$12,553,812
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$10,799,657
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$11,218,729
Interest on participant loans	2018-12-31	$9,715
Value of interest in common/collective trusts at end of year	2018-12-31	$606,451
Value of interest in common/collective trusts at beginning of year	2018-12-31	$1,145,310
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-1,147,638
Net investment gain or loss from common/collective trusts	2018-12-31	$31,977
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$1,044,180
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	BOLLUS LYNCH, LLP
Accountancy firm EIN	2018-12-31	043037870
2017 : SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total transfer of assets to this plan	2017-12-31	$0
Total transfer of assets from this plan	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$2,541,491
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$491,095
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$475,277
Expenses. Certain deemed distributions of participant loans	2017-12-31	$5,651
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$761,202
Value of total assets at end of year	2017-12-31	$12,553,812
Value of total assets at beginning of year	2017-12-31	$10,503,416
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$10,167
Total interest from all sources	2017-12-31	$10,740
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$304,228
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$304,228
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$585,763
Participant contributions at end of year	2017-12-31	$189,773
Participant contributions at beginning of year	2017-12-31	$217,232
Assets. Other investments not covered elsewhere at beginning of year	2017-12-31	$16,563
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$439
Other income not declared elsewhere	2017-12-31	$41
Administrative expenses (other) incurred	2017-12-31	$10,167
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$2,050,396
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$12,553,812
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$10,503,416
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$11,218,729
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$9,021,669
Interest on participant loans	2017-12-31	$10,740
Value of interest in common/collective trusts at end of year	2017-12-31	$1,145,310
Value of interest in common/collective trusts at beginning of year	2017-12-31	$1,247,952
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,435,648
Net investment gain or loss from common/collective trusts	2017-12-31	$29,632
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$175,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$475,277
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BOLLUS LYNCH, LLP
Accountancy firm EIN	2017-12-31	043037870
2016 : SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total transfer of assets to this plan	2016-12-31	$0
Total transfer of assets from this plan	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$1,703,116
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$432,932
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$429,761
Expenses. Certain deemed distributions of participant loans	2016-12-31	$618
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$816,390
Value of total assets at end of year	2016-12-31	$10,503,416
Value of total assets at beginning of year	2016-12-31	$9,233,232
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$2,553
Total interest from all sources	2016-12-31	$15,226
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$276,231
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$276,231
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$516,262
Participant contributions at end of year	2016-12-31	$217,232
Participant contributions at beginning of year	2016-12-31	$266,811
Assets. Other investments not covered elsewhere at end of year	2016-12-31	$16,563
Assets. Other investments not covered elsewhere at beginning of year	2016-12-31	$563,595
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$75,128
Other income not declared elsewhere	2016-12-31	$31,475
Administrative expenses (other) incurred	2016-12-31	$2,553
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,270,184
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$10,503,416
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$9,233,232
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$9,021,669
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$5,786,387
Interest on participant loans	2016-12-31	$15,226
Value of interest in common/collective trusts at end of year	2016-12-31	$1,247,952
Value of interest in common/collective trusts at beginning of year	2016-12-31	$2,616,439
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$267,592
Net investment gain or loss from common/collective trusts	2016-12-31	$296,202
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$225,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$429,761
Did the plan have assets held for investment	2016-12-31	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	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BOLLUS LYNCH, LLP
Accountancy firm EIN	2016-12-31	043037870
2009 : SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) 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

Form 5500 Responses for SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN

2021: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	Yes
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2009: SCHMIDT EQUIPMENT INC. EMPLOYEES 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SCHMIDT EQUIPMENT, INC.
Employer identification number (EIN):	042270977
NAIC Classification:	423800

Jurisdiction of Incorporation:	Ohio Secretary of State Business Services Division
Incorporation Date:	1966-03-02
Company Identification Number:	348644
Legal Registered Office Address:	3462 AUSTIN RD - GENEVA United States of America (USA) 44041