Profit Sharing · DOL Form 5500 · 2024
Storm Products, Inc. Profit Sharing Plan
Data updated 2026-07-24
- $14M
- Total assets
- 216
- Participants
- 63rd
- Percentile by assets
- $64,923
- Avg per participant
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.
- 63rd percentile by assets (of 116,472 plans)
Coverage in Utah
Chrisman Employee Benefit Plan covers 216 participants in Utah, about 35% of the average Utah filer (state average ~609 per filing). Assets: $14M.
- $14M
- total plan assets (2024 EOY)
- 216
- covered participants
- 63rd
- percentile by assets (of 116,472 plans)
- $64,923
- avg assets per participant
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.
Participants vs Utah filers
In Utah, the average filing covers about 609 participants across 1,226 plans. Chrisman Employee Benefit Plan reports 216 participants - about 35% of that state average ($14M EOY assets).
Utah filing particulars
| Total Assets (Beginning of Year) | $13M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | $1M |
| Employer EIN | 870426089 |
| Plan Effective Date | 1995-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Storm Products, Inc.)
| 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
- Wgu Retirement Savings Plan $533M · 8,497
- Dyno Nobel Inc. and Subsidiaries Tax-Favored Retirement Savings and Investment Plan $350M · 2,569
- Parsons Behle & Latimer Profit Sharing Plan & Trust $160M · 285
- Rio Tinto Alcan 401(k) Savings Plan for Former Employees $119M · N/A
- Thatcher Company Profit Sharing Plan $101M · 536
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Chrisman Employee Benefit Plan by total assets, not by location.
Frequently Asked Questions
How did Chrisman Employee Benefit Plan assets move in 2024? ▼
How have Storm Products, Inc. plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Chrisman Employee Benefit Plan? ▼
Next read for Chrisman Employee Benefit Plan
Filing takeaways
Ways to act on Chrisman Employee Benefit Plan's numbers.
- By total assets, Chrisman Employee Benefit Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Utah. Compare plans
- Storm Products, Inc.'s sponsor-wide assets have grown 33.1% since 2022 across 3 plan years on file. More Manufacturing 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 870426089.
Read our methodology - how this data is sourced, computed, and verified.