Profit Sharing · DOL Form 5500 · 2023

Storm Products, Inc. Profit Sharing Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
254
Participants Below avg headcount
63rd
Percentile by assets National rank
$49,371
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#9,523
in Manufacturing (18,722 peers)
+19.0%
assets growth YoY

Chrisman Employee Benefit Plan's mid-pack asset rank among Manufacturing and all filers

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

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

Chrisman Employee Benefit 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. Chrisman Employee Benefit Plan sits mid-pack in the medium band (254 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 870426089 · Storm Products, Inc. PY 2023 · Profit Sharing

Chrisman Employee Benefit Plan · $13M · 254 · 63rd

  • BOOK $13M
  • BOOK 254
  • BOOK 63rd
  • BOOK Profit Sharing
  • BOOK near Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust
  • BOOK ind #9523

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 Manufacturing retirement plans → · Plans in Utah →

Chrisman Employee Benefit Plan in the asset neighbourhood

Satco Products, Inc. Profit Sharing Plan and TrustSatco Products, Inc. Profit …$13MGilster-Mary Lee Corp Employees Profit Sharing Retirement TrustGilster-Mary Lee Corp Employ…$13MChrisman Employee Benefit PlanChrisman Employee Benefit Pl…$13MMers/Missouri Goodwill Defined Contribution PlanMers/Missouri Goodwill Defin…$12MHarrington Construction Co., Inc. Profit Sharing PlanHarrington Construction Co.,…$12M
End-of-year total assets ($M) among Chrisman Employee Benefit Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN870426089
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Storm Products, Inc.)

Sponsor-wide plan assets over time

All Storm Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 33.13065453530519% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $10.5M $14M ▲ +33.1%
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.

Chrisman Employee Benefit Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -1000100200300400500 Total assets ($M) Participants Chrisman Employee Benefit Plan, Total assets ($M): 12.540119 · Participants: 254Chrisman Employee Benefit PlanWgu Retirement Savings Plan, Total assets ($M): 431.080482 · Participants: 7868Wgu Retirement Savings PlanDyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment Plan, Total assets ($M): 320.492816 · Participants: 2460Dyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment PlanParsons Behle & Latimer Profit Sharing Plan & Trust, Total assets ($M): 146.57466 · Participants: 265Parsons Behle & Latimer Profit Sharing Plan & TrustRio Tinto Alcan 401(k) Savings Plan for Former Employees, Total assets ($M): 118.450852 · Participants: 0Rio Tinto Alcan 401(k) Savings Plan for Former EmployeesCampbell Scientific Profit Sharing Plan, Total assets ($M): 105.604978 · Participants: 651Campbell Scientific Profit Sharing Plan
Chrisman Employee Benefit Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants

Chrisman Employee Benefit 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 Teamsters Local No. 469 Annuity Fund in NJ (254 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (254 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 Chrisman Employee Benefit Plan assets move in 2023? ▼
Chrisman Employee Benefit Plan grew sharply - up 19.0% during 2023, from $11M to $13M. Reported net income was $2M.
How have Storm Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Storm Products, Inc.'s sponsor-wide assets grew 33.1%, from $11M to $14M.
Which Profit Sharing plans are similar in size to Chrisman Employee Benefit Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust in IL ($13M, 3,113 participants).
Which Profit Sharing plans cover a similar participant headcount to Chrisman Employee Benefit Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Teamsters Local No. 469 Annuity Fund in NJ (254 participants, $40M in assets).