Profit Sharing · DOL Form 5500 · 2024

Cheney Financial Services Inc Profit Sharing Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
3
Participants Small participant base
63rd
Percentile by assets National rank
$4.6M
Avg per participant High balance/head
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Official DOL plan name: Cheney Financial Services Inc. Profit Sharing Plan · Sponsored by Cheney Financial Services Inc · Utah · Finance & Insurance

$14M in assets, 3 participants

Cheney Financial Services Inc's Cheney Financial Services Inc. Profit Sharing Plan reported $14M in total assets and 3 participants in its 2024 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.

  • #3,989 in Finance & Insurance (8,549 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 $14M / 3 participants.

#3,989
in Finance & Insurance (8,549 peers)
+10.2%
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 2024 · DOL Form 5500

$13,838,330 Top 37% higher than 63% of 123,620 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 2024

Cheney Financial Services Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 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 2023 → plan year 2024

  • Cheney Financial Services Inc. Profit Sharing Plan reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Cheney Financial Services Inc. Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 870350356 · Cheney Financial Services Inc PY 2024 · Profit Sharing

Cheney Financial Services Inc. Profit Sharing Plan · $14M · 3 · 63rd

  • EOY $14M
  • 5500 3
  • ASSETS 63rd
  • PCT Profit Sharing
  • EIN near Araujo Bros. Plumbing & Heating, Inc. Profit Sharing Plan
  • RANK ind #3989

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

Golden Triangle Planning and Development District, Inc. Tax-Sheltered Annuity PlanGolden Triangle Planning and…$14MKamran Hakimian, M.D., Inc. Profit Sharing PlanKamran Hakimian, M.D., Inc. …$14MCheney Financial Services Inc. Profit Sharing PlanCheney Financial Services In…$14MAraujo Bros. Plumbing & Heating, Inc. Profit Sharing PlanAraujo Bros. Plumbing & Heat…$14MSilverback Professionals, Inc. Retirement PlanSilverback Professionals, In…$14M
End-of-year total assets ($M) among Cheney Financial Services Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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
$11M$12M$13M$14M$15M 202220232024 $11.5M $13.8M ▲ +19.9%
Year Plans Participants Total Assets
2022 1 2 $12M
2023 1 3 $13M
2024 1 3 $14M

Cheney Financial Services Inc filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN870350356
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Utah

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Cheney Financial Services Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600 Total assets ($M) Participants Cheney Financial Services Inc. Profit Sharing Plan, Total assets ($M): 13.83833 · Participants: 3Cheney Financial Services Inc. Profit Sharing PlanWgu Retirement Savings Plan, Total assets ($M): 532.710602 · Participants: 8497Wgu Retirement Savings PlanDyno Nobel Inc. and Subsidiaries Tax-Favored Retirement Savings and Investment Plan, Total assets ($M): 350.341971 · Participants: 2569Dyno Nobel Inc. and Subsidiaries Tax-Favored Retirement Savings and Investment PlanParsons Behle & Latimer Profit Sharing Plan & Trust, Total assets ($M): 160.407409 · Participants: 285Parsons Behle & Latimer Profit Sharing Plan & TrustRio Tinto Alcan 401(k) Savings Plan for Former Employees, Total assets ($M): 119.332855 · Participants: 0Rio Tinto Alcan 401(k) Savings Plan for Former EmployeesCampbell Scientific Profit Sharing Plan, Total assets ($M): 107.19573 · Participants: 648Campbell Scientific Profit Sharing Plan
Cheney Financial Services Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants
Compare Cheney Financial Services Inc. Profit Sharing Plan side-by-side with 3 peers →

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 Araujo Bros. Plumbing & Heating, Inc. Profit Sharing Plan in MA ($14M); by covered participants it is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cheney Financial Services Inc. Profit Sharing Plan assets move in 2024? ▼
Cheney Financial Services Inc. Profit Sharing Plan grew at a solid clip - up 10.2% during 2024, from $13M to $14M. Reported net income was $1M.
How have Cheney Financial Services Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cheney Financial Services Inc's sponsor-wide assets grew 19.9%, from $12M to $14M.
Which Profit Sharing plans are similar in size to Cheney Financial Services Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Araujo Bros. Plumbing & Heating, Inc. Profit Sharing Plan in MA ($14M, 110 participants).
Which Profit Sharing plans cover a similar participant headcount to Cheney Financial Services Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants, $796K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 870350356.

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.