401(k) · DOL Form 5500 · 2023

Chesterman Company 401(k) Plan

Data updated 2026-08-11

$111M
Total assets
1,900
Participants
92nd
Percentile by assets
$58,681
Avg per participant
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Official DOL plan name: Chesterman Company 401(k) Profit Sharing Plan · Sponsored by Chesterman Company · Iowa · Manufacturing

$111M in assets, 1,900 participants

Chesterman Company's Chesterman Company 401(k) Profit Sharing Plan reported $111M in total assets and 1,900 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #16,436 in Manufacturing (18,722 peers)

Coverage in Iowa

Chesterman Company 401(k) Profit Sharing Plan covers 1,900 participants in Iowa, 3.1x the typical Iowa plan (state average ~609 per filing). Assets: $111M.

$111M
total plan assets (2023 EOY)
1,900
covered participants
92nd
percentile by assets (of 127,072 plans)
$58,681
avg assets per participant

Where Chesterman Company 401(k) Profit Sharing Plan sits by total assets

Chesterman Company 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$111,494,094 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Chesterman Company 401(k) Profit Sharing Plan reported net income rose from -$18M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Chesterman Company 401(k) Profit Sharing Plan end-of-year assets rose from $95M in the plan year 2022 filing to $111M in the plan year 2023 filing.
  • Chesterman Company 401(k) Profit Sharing Plan reported participants rose from 1,866 in the plan year 2022 filing to 1,900 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Iowa
Industry
Manufacturing

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Chesterman Company 401(k) Profit Sharing Plan reports 1,900 participants - 3.1x that state average ($111M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$111M
Net Income$16M
Employer EIN420179100
Plan Effective Date1963-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Chesterman Company)

$90M$100M$110M$120M$130M$140M 202220232024 $95.4M $128M ▲ +34.5%
Total plan assets by year, all Chesterman Company plans on file
Year Plans Participants Total Assets
2022 1 1,866 $95M
2023 1 1,900 $111M
2024 1 1,940 $128M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Chesterman Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Chesterman Company 4…, Total assets ($B): 0.111494094 · Participants: 1900Chesterman Company 4…The Principal Select…, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select…Iowa Health System S…, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System S…The Hy-Vee and Affil…, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affil…The Rsm US LLP Retir…, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retir…Transamerica 401(k) …, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) …
Chesterman Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Chesterman Company 401(k) Profit Sharing… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Chesterman Company 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Chesterman Company 401(k) Profit Sharing Plan assets move in 2023? ▼
Chesterman Company 401(k) Profit Sharing Plan grew sharply - up 16.8% during 2023, from $95M to $111M. Reported net income was $16M.
How have Chesterman Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Chesterman Company's sponsor-wide assets grew 34.5%, from $95M to $128M.
Where does Chesterman Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Chesterman Company 401(k) Profit Sharing Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Chesterman Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Martin 401(k) Plan in TX ($111M, 1,525 participants).

Next read for Chesterman Company 401(k) Profit Sharing…

Filing takeaways

Ways to act on Chesterman Company 401(k) Profit Sharing Plan's numbers.

  • By total assets, Chesterman Company 401(k) Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
  • Chesterman Company's sponsor-wide assets have grown 34.5% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 420179100.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.