401(k) · DOL Form 5500 · 2024

Smith Power Products, Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
274
Participants Below avg headcount
78th
Percentile by assets National rank
$117,396
Avg per participant Below avg balance/head
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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.

  • #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.

#6,892
in Other Services (7,719 peers)
+12.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Smith Power Products, Inc. 401(k) Plan's outsized position 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 $2,050,000,000 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

Smith Power Products, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Smith Power Products, Inc. 401(k) Plan sits mid-pack in the medium band (274 participants).

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 →

Published 5500 schedule card

Filing strip 870253588 · Smith Power Products, Inc. PY 2024 · 401(k)

Smith Power Products, Inc. 401(k) Plan · $32M · 274 · 78th

  • RANK $32M
  • RANK 274
  • RANK 78th
  • RANK 401(k)
  • RANK near Bank Midwest 401(k) Profit Sharing Plan & Trust
  • RANK ind #6892

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 Other Services retirement plans → · Plans in Utah →

Smith Power Products, Inc. 401(k) Plan in the asset neighbourhood

Smith Power Products, Inc. 401(k) PlanSmith Power Products, Inc. 4…$32MBank Midwest 401(k) Profit Sharing Plan & TrustBank Midwest 401(k) Profit S…$32MChroma Technology Corp 401(k) Retirement PlanChroma Technology Corp 401(k…$32MElsa LLC 401(k) Savings and Profit Sharing Retirement PlanElsa LLC 401(k) Savings and …$32MY-Prime LLC 401(k) Profit Sharing PlanY-Prime LLC 401(k) Profit Sh…$32M
End-of-year total assets ($M) among Smith Power Products, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Smith Power Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 31.619848063583845% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.4M $32.2M ▲ +31.6%
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 ($B) Participants Smith Power Products, Inc. 401(k) Plan, Total assets ($B): 0.032166626 · Participants: 274Smith Power Products, Inc. 401(k) PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
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 →

Smith Power Products, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Bank Midwest 401(k) Profit Sharing Plan & Trust in IA ($32M); by covered participants it is Phenomebio Inc. 401(k) Plan in CA (274 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (274 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 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).
Which 401(k) plans cover a similar participant headcount to Smith Power Products, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Phenomebio Inc. 401(k) Plan in CA (274 participants, N/A 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 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.