401(k) · DOL Form 5500 · 2024

Chesterman Company 401(k) Plan

Data updated 2026-08-11

$128M
Total assets
1,940
Participants
92nd
Percentile by assets
$66,181
Avg per participant
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Official DOL plan name: Chesterman Company 401(k) Profit Sharing Plan · Sponsored by Chesterman Company · Iowa · Manufacturing

$128M in assets, 1,940 participants

Chesterman Company's Chesterman Company 401(k) Profit Sharing Plan reported $128M in total assets and 1,940 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 123,622 plans)
  • #15,667 in Manufacturing (17,777 peers)

Coverage in Iowa

Chesterman Company 401(k) Profit Sharing Plan covers 1,940 participants in Iowa, 3.2x the typical Iowa plan (state average ~609 per filing). Assets: $128M.

$128M
total plan assets (2024 EOY)
1,940
covered participants
92nd
percentile by assets (of 123,622 plans)
$66,181
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Chesterman Company 401(k) Profit Sharing Plan end-of-year assets rose from $111M in the plan year 2023 filing to $128M in the plan year 2024 filing.
  • Chesterman Company 401(k) Profit Sharing Plan reported net income rose from $16M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Chesterman Company 401(k) Profit Sharing Plan reported participants rose from 1,900 in the plan year 2023 filing to 1,940 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Chesterman Company 401(k) Profit Sharing Plan reports 1,940 participants - 3.2x that state average ($128M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$128M
Net Income$17M
Employer EIN420179100
Plan Effective Date1963-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Chesterman Company)

$90M$100M$110M$120M$130M$140M 202220232024 $95.4M $128M ▲ +34.5%
Total plan assets by year, all Chesterman Company plans on file
Year Plans Participants Total Assets
2022 1 1,866 $95M
2023 1 1,900 $111M
2024 1 1,940 $128M

Nearby 401(k) Plans in Iowa

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

Chesterman Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Chesterman Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Chesterman Company 4…The Principal Select…The Rsm US LLP Retir…Iowa Health System S…The Hy-Vee and Affil…Transamerica 401(k) …
Chesterman Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Chesterman Company 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Chesterman Company 401(k) Profit Sharing Plan assets move in 2024?
Chesterman Company 401(k) Profit Sharing Plan grew sharply - up 15.2% during 2024, from $111M to $128M. Reported net income was $17M.
How have Chesterman Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Chesterman Company's sponsor-wide assets grew 34.5%, from $95M to $128M.
Where does Chesterman Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Chesterman Company 401(k) Profit Sharing Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Chesterman Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Foley Savings Plan in KS ($128M, 1,385 participants).

Next read for Chesterman Company 401(k) Profit Sharing…

Filing takeaways

Ways to act on Chesterman Company 401(k) Profit Sharing Plan's numbers.

  • By total assets, Chesterman Company 401(k) Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
  • Chesterman Company's sponsor-wide assets have grown 34.5% since 2022 across 3 plan years on file. More Manufacturing plans