Profit Sharing · DOL Form 5500 · 2023
Storm Products, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $13M
- Total assets
- 254
- Participants
- 63rd
- Percentile by assets
- $49,371
- Avg per participant
Official DOL plan name: Chrisman Employee Benefit Plan · Sponsored by Storm Products, Inc. · Utah · Manufacturing
$13M in assets, 254 participants
Storm Products, Inc.'s Chrisman Employee Benefit Plan reported $13M in total assets and 254 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)
- #9,523 in Manufacturing (18,722 peers)
Coverage in Utah
Chrisman Employee Benefit Plan covers 254 participants in Utah, about 43% of the average Utah filer (state average ~592 per filing). Assets: $13M.
- $13M
- total plan assets (2023 EOY)
- 254
- covered participants
- 63rd
- percentile by assets (of 127,072 plans)
- $49,371
- avg assets per participant
Where Chrisman Employee Benefit Plan sits by total assets
Chrisman Employee Benefit Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$12,540,119 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
- Chrisman Employee Benefit Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Chrisman Employee Benefit Plan reported participants rose from 197 in the plan year 2022 filing to 254 in the plan year 2023 filing.
- Chrisman Employee Benefit Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.
Participants vs Utah filers
In Utah, the average filing covers about 592 participants across 1,280 plans. Chrisman Employee Benefit Plan reports 254 participants - about 43% of that state average ($13M EOY assets).
Utah filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | $2M |
| Employer EIN | 870426089 |
| Plan Effective Date | 1995-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Storm Products, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 197 | $11M |
| 2023 | 1 | 254 | $13M |
| 2024 | 1 | 216 | $14M |
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
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Chrisman Employee Benefit Plan by total assets, not by location.
Frequently Asked Questions
How did Chrisman Employee Benefit Plan assets move in 2023? ▼
How have Storm Products, Inc. plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Chrisman Employee Benefit Plan? ▼
Next read for Chrisman Employee Benefit Plan
Filing takeaways
Ways to act on Chrisman Employee Benefit Plan's numbers.
- By total assets, Chrisman Employee Benefit 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
- Storm Products, Inc.'s sponsor-wide assets have grown 33.1% since 2022 across 3 plan years on file. More Manufacturing plans