401(k) · DOL Form 5500 · 2024

Smith Power Products, Inc. 401(k) Plan

Data updated 2026-08-11

$32M
Total assets
274
Participants
78th
Percentile by assets
$117,396
Avg per participant
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Official DOL plan name: Smith Power Products, Inc. 401(k) Plan · Sponsored by Smith Power Products, Inc. · Utah · Other Services

$32M in assets, 274 participants

Smith Power Products, Inc.'s Smith Power Products, Inc. 401(k) Plan reported $32M in total assets and 274 participants in its 2024 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.

  • 78th percentile by assets (of 123,622 plans)
  • #6,892 in Other Services (7,719 peers)

Coverage in Utah

Smith Power Products, Inc. 401(k) Plan covers 274 participants in Utah, about 46% of the average Utah filer (state average ~592 per filing). Assets: $32M.

$32M
total plan assets (2024 EOY)
274
covered participants
78th
percentile by assets (of 123,622 plans)
$117,396
avg assets per participant

Where Smith Power Products, Inc. 401(k) Plan sits by total assets

Smith Power Products, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$32,166,626 Top 22% higher than 78% of 123,620 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Smith Power Products, Inc. 401(k) Plan end-of-year assets rose from $29M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • Smith Power Products, Inc. 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Smith Power Products, Inc. 401(k) Plan reported participants rose from 263 in the plan year 2023 filing to 274 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Utah
Industry
Other Services

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Smith Power Products, Inc. 401(k) Plan reports 274 participants - about 46% of that state average ($32M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$32M
Net Income$4M
Employer EIN870253588
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith Power Products, Inc.)

$20M$25M$30M$35M 202220232024 $24.4M $32.2M ▲ +31.6%
Total plan assets by year, all Smith Power Products, Inc. plans on file
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. -20000020000400006000080000 -202468 Total assets ($B) Participants Smith Power Products…, Total assets ($B): 0.032166626 · Participants: 274Smith Power Products…Intermountain Health…, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health…Deseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation…, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation…Skywest, Inc. Employ…, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employ…Rio Tinto America In…, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America In…
Smith Power Products, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Smith Power Products, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Smith Power Products, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Smith Power Products, Inc. 401(k) Plan assets move in 2024? ▼
Smith Power Products, Inc. 401(k) Plan grew at a solid clip - up 12.7% during 2024, from $29M to $32M. 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 123,622 plans that reported assets for plan year 2024 (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 Bank Midwest 401(k) Profit Sharing Plan & Trust in IA ($32M, 189 participants).

Next read for Smith Power Products, Inc. 401(k) Plan

Filing takeaways

Ways to act on Smith Power Products, Inc. 401(k) Plan's numbers.

  • By total assets, Smith Power Products, Inc. 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Utah. Compare plans
  • Smith Power Products, Inc.'s sponsor-wide assets have grown 31.6% since 2022 across 3 plan years on file. More Other Services plans

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 870253588.

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.