Profit Sharing · DOL Form 5500 · 2024

Storm Products, Inc. Profit Sharing Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
216
Participants Below avg headcount
63rd
Percentile by assets National rank
$64,923
Avg per participant Low balance/head
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Official DOL plan name: Chrisman Employee Benefit Plan · Sponsored by Storm Products, Inc. · Utah · Manufacturing

$14M in assets, 216 participants

Storm Products, Inc.'s Chrisman Employee Benefit Plan reported $14M in total assets and 216 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.

  • #8,997 in Manufacturing (17,777 peers)

Coverage in Utah

Chrisman Employee Benefit Plan covers 216 participants in Utah, about 37% of the average Utah filer (state average ~592 per filing). Assets: $14M.

#8,997
in Manufacturing (17,777 peers)
+11.8%
assets growth YoY

Chrisman Employee Benefit Plan's mid-pack asset rank among Manufacturing and all filers

Chrisman Employee Benefit Plan vs every filed plan by assets

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

$14,023,424 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

Chrisman Employee Benefit 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. Chrisman Employee Benefit Plan sits mid-pack in the medium band (216 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Chrisman Employee Benefit Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Chrisman Employee Benefit Plan reported participants fell from 254 in the plan year 2023 filing to 216 in the plan year 2024 filing.
  • Chrisman Employee Benefit 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 →

Form 5500 schedule snapshot

Filing strip 870426089 · Storm Products, Inc. PY 2024 · Profit Sharing

Chrisman Employee Benefit Plan · $14M · 216 · 63rd

  • RANK $14M
  • RANK 216
  • RANK 63rd
  • RANK Profit Sharing
  • RANK near Berkshire Partners LLC Administrative Staff Profit Sharing Plan
  • RANK ind #8997

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 Manufacturing retirement plans → · Plans in Utah →

Chrisman Employee Benefit Plan in the asset neighbourhood

Chrisman Employee Benefit PlanChrisman Employee Benefit Pl…$14MBerkshire Partners LLC Administrative Staff Profit Sharing PlanBerkshire Partners LLC Admin…$14MDelaware Hospice, Inc. 403(b) Retirement PlanDelaware Hospice, Inc. 403(b…$14MLord Electric Company of Puerto Rico, Employees Retirement PlanLord Electric Company of Pue…$14MTholl Fence,Inc. Profit Sharing Plan and TrustTholl Fence,Inc. Profit Shar…$14M
End-of-year total assets ($M) among Chrisman Employee Benefit Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN870426089
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Storm Products, Inc.)

Sponsor-wide plan assets over time

All Storm Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 33.13065453530519% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $10.5M $14M ▲ +33.1%
Year Plans Participants Total Assets
2022 1 197 $11M
2023 1 254 $13M
2024 1 216 $14M

Nearby Profit Sharing Plans in Utah

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

Chrisman Employee Benefit Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600 Total assets ($M) Participants Chrisman Employee Benefit Plan, Total assets ($M): 14.023424 · Participants: 216Chrisman Employee Benefit 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
Chrisman Employee Benefit Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants

Chrisman Employee Benefit Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Utah, the nearest Profit Sharing by assets is Berkshire Partners LLC Administrative Staff Profit Sharing Plan in MA ($14M); by covered participants it is The Preservation Society of Newport County Retirement Savings Plan in RI (216 participants). Same-state nearby plans are listed separately above.

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 Chrisman Employee Benefit Plan assets move in 2024?
Chrisman Employee Benefit Plan grew at a solid clip - up 11.8% during 2024, from $13M to $14M. Reported net income was $1M.
How have Storm Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Storm Products, Inc.'s sponsor-wide assets grew 33.1%, from $11M to $14M.
Which Profit Sharing plans are similar in size to Chrisman Employee Benefit Plan?
Among Profit Sharing plans in other states, the closest by assets is Berkshire Partners LLC Administrative Staff Profit Sharing Plan in MA ($14M, 102 participants).
Which Profit Sharing plans cover a similar participant headcount to Chrisman Employee Benefit Plan?
Among Profit Sharing plans in other states, the closest by covered participants is The Preservation Society of Newport County Retirement Savings Plan in RI (216 participants, $15M in assets).