401(k) · DOL Form 5500 · 2023

Smith Power Products, Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
263
Participants Below avg headcount
78th
Percentile by assets National rank
$108,543
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

$29M in assets, 263 participants

Smith Power Products, Inc.'s Smith Power Products, Inc. 401(k) Plan reported $29M in total assets and 263 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #7,004 in Other Services (7,857 peers)

Coverage in Utah

Smith Power Products, Inc. 401(k) Plan covers 263 participants in Utah, about 44% of the average Utah filer (state average ~592 per filing). Assets: $29M.

#7,004
in Other Services (7,857 peers)
+16.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$28,546,924 Top 22% higher than 78% of 127,068 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 2023

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

Plan-year 2023 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 (263 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smith Power Products, Inc. 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Smith Power Products, Inc. 401(k) Plan end-of-year assets rose from $24M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Smith Power Products, Inc. 401(k) Plan reported participants rose from 257 in the plan year 2022 filing to 263 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 870253588 · Smith Power Products, Inc. PY 2023 · 401(k)

Smith Power Products, Inc. 401(k) Plan · $29M · 263 · 78th

  • BOOK $29M
  • VS-ST 263
  • BOY 78th
  • SCH 401(k)
  • EBSA near Liberty Pumps Profit Sharing 401(k) Plan
  • PART ind #7004

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…$29MLiberty Pumps Profit Sharing 401(k) PlanLiberty Pumps Profit Sharing…$29MNorth American Client Services, Inc. 401(k) PlanNorth American Client Servic…$29MNna Services Profit Sharing 401(k) PlanNna Services Profit Sharing …$29MArchaea Energy Services, LLC 401(k) Profit Sharing Plan and TrustArchaea Energy Services, LLC…$29M
End-of-year total assets ($M) among Smith Power Products, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$29M
Net Income$4M
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. -200000200004000060000 -202468 Total assets ($B) Participants Smith Power Products, Inc. 401(k) Plan, Total assets ($B): 0.028546924 · Participants: 263Smith Power Products, Inc. 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv 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 Liberty Pumps Profit Sharing 401(k) Plan in NY ($29M); by covered participants it is Mercer Valve Co., Inc. 401(k) Plan in OK (263 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (263 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.

Frequently Asked Questions

How did Smith Power Products, Inc. 401(k) Plan assets move in 2023?
Smith Power Products, Inc. 401(k) Plan grew sharply - up 16.8% during 2023, from $24M to $29M. Reported net income was $4M.
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 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Liberty Pumps Profit Sharing 401(k) Plan in NY ($29M, 307 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 Mercer Valve Co., Inc. 401(k) Plan in OK (263 participants, $4M in assets).