Profit Sharing · DOL Form 5500 · 2022

Cheney Financial Services Inc Profit Sharing Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
2
Participants Small participant base
68th
Percentile by assets National rank
$5.8M
Avg per participant High balance/head
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Official DOL plan name: Cheney Financial Services Inc. Profit Sharing Plan · Sponsored by Cheney Financial Services Inc · Utah · Finance & Insurance

$12M in assets, 2 participants

Cheney Financial Services Inc's Cheney Financial Services Inc. Profit Sharing Plan reported $12M in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 68th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,762 in Finance & Insurance (9,261 peers)

Cheney Financial Services Inc multi-year trail

Cheney Financial Services Inc's plans moved +19.9% in assets from 2022 to 2024; this filing shows Cheney Financial Services Inc. Profit Sharing Plan at $12M / 2 participants.

#4,762
in Finance & Insurance (9,261 peers)
+6.5%
assets growth YoY

Cheney Financial Services Inc. Profit Sharing Plan's outsized position by total assets

Cheney Financial Services Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,539,058 Top 32% higher than 68% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Cheney Financial Services Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cheney Financial Services Inc. Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

Plan-year Form 5500 strip

Filing strip 870350356 · Cheney Financial Services Inc PY 2022 · Profit Sharing

Cheney Financial Services Inc. Profit Sharing Plan · $12M · 2 · 68th

  • EBSA $12M
  • EBSA 2
  • EBSA 68th
  • EBSA Profit Sharing
  • EBSA near Strawbridge Studios, Inc. Retirement Plan
  • EBSA ind #4762

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Utah →

Cheney Financial Services Inc. Profit Sharing Plan in the asset neighbourhood

Northeast Ohio Neighborhood Health Services, Inc. Profit Sharing PlanNortheast Ohio Neighborhood …$12MCheney Financial Services Inc. Profit Sharing PlanCheney Financial Services In…$12MStrawbridge Studios, Inc. Retirement PlanStrawbridge Studios, Inc. Re…$12MBlack Diamond Networks 401(k) Savings PlanBlack Diamond Networks 401(k…$12MThe Catherine Cook School 403(b) PlanThe Catherine Cook School 40…$12M
End-of-year total assets ($M) among Cheney Financial Services Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Cheney Financial Services Inc multi-year asset trail

Sponsor-wide plan assets over time

All Cheney Financial Services Inc plans reported in each filing year

Latest sponsor-wide plan assets
$14M 19.925993958952283% vs 2022
2024 filing year
$11M$12M$13M$14M$15M 202220232024 $11.5M $13.8M ▲ +19.9%
Year Plans Participants Total Assets
2022 1 2 $12M
2023 1 3 $13M
2024 1 3 $14M

Cheney Financial Services Inc filing trail (2022)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$704K
Employer EIN870350356
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Utah

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Cheney Financial Services Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -1000100200300400 Total assets ($M) Participants Cheney Financial Services Inc. Profit Sharing Plan, Total assets ($M): 11.539058 · Participants: 2Cheney Financial Services Inc. Profit Sharing PlanWgu Retirement Savings Plan, Total assets ($M): 327.223731 · Participants: 7193Wgu Retirement Savings PlanDyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment Plan, Total assets ($M): 288.938777 · Participants: 2328Dyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment PlanManagement & Training Corporation Retirement Plan, Total assets ($M): 162.901162 · Participants: 5762Management & Training Corporation Retirement PlanParsons Behle & Latimer Profit Sharing Plan & Trust, Total assets ($M): 130.725371 · Participants: 229Parsons Behle & Latimer Profit Sharing Plan & TrustRio Tinto Alcan 401(k) Savings Plan for Former Employees, Total assets ($M): 109.347722 · Participants: 0Rio Tinto Alcan 401(k) Savings Plan for Former Employees
Cheney Financial Services Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants
Compare Cheney Financial Services Inc. Profit Sharing Plan side-by-side with 3 peers →

Cheney Financial Services Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Utah, the nearest Profit Sharing by assets is Strawbridge Studios, Inc. Retirement Plan in NC ($12M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cheney Financial Services Inc. Profit Sharing Plan assets move in 2022? ▼
Cheney Financial Services Inc. Profit Sharing Plan grew at a solid clip - up 6.5% during 2022, from $11M to $12M. Reported net income was $704K.
How have Cheney Financial Services Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cheney Financial Services Inc's sponsor-wide assets grew 19.9%, from $12M to $14M.
Which Profit Sharing plans are similar in size to Cheney Financial Services Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Strawbridge Studios, Inc. Retirement Plan in NC ($12M, 342 participants).
Which Profit Sharing plans cover a similar participant headcount to Cheney Financial Services Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 870350356.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.