401(k) · DOL Form 5500 · 2024

Boman & Kemp Mfg Inc 401(k) Plan

Data updated 2026-08-11

$43M
Total assets
150
Participants
82nd
Percentile by assets
$286,796
Avg per participant
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Official DOL plan name: Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan · Sponsored by Boman & Kemp Mfg Inc · Utah · Manufacturing

$43M in assets, 150 participants

Boman & Kemp Mfg Inc's Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan reported $43M in total assets and 150 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 123,622 plans)
  • #13,368 in Manufacturing (17,777 peers)

Coverage in Utah

Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan covers 150 participants in Utah, about 25% of the average Utah filer (state average ~592 per filing). Assets: $43M.

$43M
total plan assets (2024 EOY)
150
covered participants
82nd
percentile by assets (of 123,622 plans)
$286,796
avg assets per participant

Where Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan sits by total assets

Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$43,019,404 Top 18% higher than 82% 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

  • Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $37M in the plan year 2023 filing to $43M in the plan year 2024 filing.
  • Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan reported net income rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan reported participants rose from 145 in the plan year 2023 filing to 150 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan reports 150 participants - about 25% of that state average ($43M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$43M
Net Income$6M
Employer EIN870636779
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boman & Kemp Mfg Inc)

$30M$35M$40M$45M 202220232024 $31.6M $43M ▲ +36.3%
Total plan assets by year, all Boman & Kemp Mfg Inc plans on file
Year Plans Participants Total Assets
2022 1 142 $32M
2023 1 145 $37M
2024 1 150 $43M

Nearby 401(k) Plans in Utah

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

Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Boman & Kemp Manufac…, Total assets ($B): 0.043019404 · Participants: 150Boman & Kemp Manufac…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…
Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan assets move in 2024?
Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan grew sharply - up 16.0% during 2024, from $37M to $43M. Reported net income was $6M.
How have Boman & Kemp Mfg Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Boman & Kemp Mfg Inc's sponsor-wide assets grew 36.3%, from $32M to $43M.
Where does Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan ranks in the 82nd 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 Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Talley Inc. Cash or Deferred Profit Sharing Plan in CA ($43M, 308 participants).

Next read for Boman & Kemp Manufacturing, Inc. 401(k) …

Filing takeaways

Ways to act on Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings Plan's numbers.

  • By total assets, Boman & Kemp Manufacturing, Inc. 401(k) Retirement Savings 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
  • Boman & Kemp Mfg Inc's sponsor-wide assets have grown 36.3% since 2022 across 3 plan years on file. More Manufacturing plans