401(k) · DOL Form 5500 · 2022

Smith Power Products, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
257
Participants Below avg headcount
80th
Percentile by assets National rank
$95,094
Avg per participant Below avg balance/head
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Official DOL plan name: Smith Power Products, Inc. 401(k) Plan · Sponsored by Smith Power Products, Inc. · Utah · Other Services

$24M in assets, 257 participants

Smith Power Products, Inc.'s Smith Power Products, Inc. 401(k) Plan reported $24M in total assets and 257 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,527 in Other Services (8,398 peers)

Coverage in Utah

Smith Power Products, Inc. 401(k) Plan covers 257 participants in Utah, about 43% of the average Utah filer (state average ~592 per filing). Assets: $24M.

#7,527
in Other Services (8,398 peers)
-18.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Smith Power Products, Inc. 401(k) Plan's outsized position by total assets

Smith Power Products, Inc. 401(k) Plan vs every filed plan by assets

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

$24,439,039 Top 20% higher than 80% 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

Smith Power Products, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Smith Power Products, Inc. 401(k) Plan sits mid-pack in the medium band (257 participants).

DOL schedule card

Filing strip 870253588 · Smith Power Products, Inc. PY 2022 · 401(k)

Smith Power Products, Inc. 401(k) Plan · $24M · 257 · 80th

  • PCT $24M
  • PCT 257
  • PCT 80th
  • PCT 401(k)
  • PCT near Bitsight Technologies Retirement Trust
  • PCT ind #7527

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 Other Services retirement plans → · Plans in Utah →

Smith Power Products, Inc. 401(k) Plan in the asset neighbourhood

Smith Power Products, Inc. 401(k) PlanSmith Power Products, Inc. 4…$24MBitsight Technologies Retirement TrustBitsight Technologies Retire…$24MDiscord Inc. 401(k) Plan$24MDunham's Athleisure Corporation 401(k) Savings & Retirement PlanDunham's Athleisure Corporat…$24MWeldstar Company Combined Retirement PlanWeldstar Company Combined Re…$24M
End-of-year total assets ($M) among Smith Power Products, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$24M
Net Income-$5M
Employer EIN870253588
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith Power Products, Inc.)

Sponsor-wide plan assets over time

All Smith Power Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 31.619848063583845% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.4M $32.2M ▲ +31.6%
Year Plans Participants Total Assets
2022 1 257 $24M
2023 1 263 $29M
2024 1 274 $32M

Nearby 401(k) Plans in Utah

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Smith Power Products, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Smith Power Products, Inc. 401(k) Plan, Total assets ($B): 0.024439039 · Participants: 257Smith Power Products, Inc. 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment Plan
Smith Power Products, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Smith Power Products, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Bitsight Technologies Retirement Trust in MA ($24M); by covered participants it is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (257 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (257 participants); asset peers above are excluded.

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 Smith Power Products, Inc. 401(k) Plan assets move in 2022?
Smith Power Products, Inc. 401(k) Plan declined sharply - down 18.1% during 2022, from $30M to $24M. Reported net income was -$5M.
How have Smith Power Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Smith Power Products, Inc.'s sponsor-wide assets grew 31.6%, from $24M to $32M.
Where does Smith Power Products, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Smith Power Products, Inc. 401(k) Plan ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Smith Power Products, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bitsight Technologies Retirement Trust in MA ($24M, 327 participants).
Which 401(k) plans cover a similar participant headcount to Smith Power Products, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (257 participants, $280K in assets).