Profit Sharing · DOL Form 5500 · 2023
Cheney Financial Services Inc Profit Sharing Plan
Data updated 2026-08-11
- $13M
- Total assets
- 3
- Participants
- 63rd
- Percentile by assets
- $4.2M
- Avg per participant
Official DOL plan name: Cheney Financial Services Inc. Profit Sharing Plan · Sponsored by Cheney Financial Services Inc · Utah · Finance & Insurance
$13M in assets, 3 participants
Cheney Financial Services Inc's Cheney Financial Services Inc. Profit Sharing Plan reported $13M in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.
- 63rd percentile by assets (of 127,072 plans)
- #4,294 in Finance & Insurance (8,869 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 $13M / 3 participants.
- $13M
- total plan assets (2023 EOY)
- 3
- covered participants
- 63rd
- percentile by assets (of 127,072 plans)
- $4.2M
- avg assets per participant
Where Cheney Financial Services Inc. Profit Sharing Plan sits by total assets
Cheney Financial Services Inc. Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$12,553,241 Top 37% higher than 63% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Cheney Financial Services Inc. Profit Sharing Plan reported participants rose from 2 in the plan year 2022 filing to 3 in the plan year 2023 filing.
- Cheney Financial Services Inc. Profit Sharing Plan reported net income rose from $704K in the plan year 2022 filing to $1M in the plan year 2023 filing.
- Cheney Financial Services Inc. Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $13M in the plan year 2023 filing.
Cheney Financial Services Inc across 3 plan years on file
Across the 3 plan years Cheney Financial Services Inc has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $14M, a gain of 19.9%, while reported participants moved from 2 to 3 (+50.0%). Peak year by sponsor assets: 2024 ($14M); trough: 2022 ($12M).
Cheney Financial Services Inc multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2 | $12M |
| 2023 | 1 | 3 | $13M |
| 2024 | 1 | 3 | $14M |
Cheney Financial Services Inc filing trail (2023)
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | $1M |
| Employer EIN | 870350356 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING 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
- Wgu Retirement Savings Plan $431M · 7,868
- Dyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment Plan $320M · 2,460
- Parsons Behle & Latimer Profit Sharing Plan & Trust $147M · 265
- Rio Tinto Alcan 401(k) Savings Plan for Former Employees $118M · N/A
- Campbell Scientific Profit Sharing Plan $106M · 651
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Cheney Financial Services Inc. Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Cheney Financial Services Inc. Profit Sharing Plan's numbers.
- By total assets, Cheney Financial Services Inc. Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Utah. Compare plans
- Cheney Financial Services Inc's sponsor-wide assets have grown 19.9% since 2022 across 3 plan years on file. More Finance & Insurance plans