# Schmid Enterprises, INC. 401(k) Plan
Source: https://planprovider.pro/companies/schmid-enterprises-inc-401k-plan

> Schmid Enterprises, INC.&#39;s 401(k) plan: 1 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Schmid Enterprises, INC.

- **Sponsor EIN:** 811110389

- **Sponsor Address:** PO BOX 365, THAYNE, WY, 83127

- **Plan Type:** 401(k)

- **Total Participants:** 1

- **Total Assets:** $90,394

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|1|$90,394|$0|$0|

| 2023|1|$155,055|$0|$0|

| 2022|1|$187,354|$0|$0|

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