Profit Sharing · DOL Form 5500 · 2023
Cheney Financial Services Inc Profit Sharing Plan
Data updated 2026-08-25
- $13M
- Total assets Small plan by assets
- 3
- Participants Small participant base
- 63rd
- Percentile by assets National rank
- $4.2M
- Avg per participant High balance/head
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.
- #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.
- #4,294
- in Finance & Insurance (8,869 peers)
- +8.8%
- assets growth YoY
Cheney Financial Services Inc. Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers
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
Cheney Financial Services Inc. Profit Sharing Plan among micro filed plans by headcount
Plan-year 2023 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 (3 participants), the leftmost band.
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.
Plan-year Form 5500 strip
Filing strip 870350356 · Cheney Financial Services Inc PY 2023 · Profit Sharing
Cheney Financial Services Inc. Profit Sharing Plan · $13M · 3 · 63rd
- TYPE $13M
- NET 3
- BOOK 63rd
- VS-ST Profit Sharing
- BOY near Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust
- SCH ind #4294
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
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
| 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.
- 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
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 Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust in IL ($13M); by covered participants it is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($13M here).
Similar participant headcount
Nearest other-state filings by covered participants (3 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.