401(k) · DOL Form 5500 · 2022

Challenge Financial Services, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
77
Participants Small participant base
37th
Percentile by assets National rank
$31,430
Avg per participant Low balance/head
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Official DOL plan name: Challenge Financial Services, Inc. 401(k) Profit Sharing Plan · Sponsored by Challenge Financial Services, Inc. · California · Finance & Insurance

$2M in assets, 77 participants

Challenge Financial Services, Inc.'s Challenge Financial Services, Inc. 401(k) Profit Sharing Plan reported $2M in total assets and 77 participants in its 2022 DOL Form 5500 filing, ranking in the 37th 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.

  • #2,308 in Finance & Insurance (9,261 peers)

Challenge Financial Services, Inc. multi-year trail

Challenge Financial Services, Inc.'s plans moved +38.9% in assets from 2022 to 2024; this filing shows Challenge Financial Services, Inc. 401(k) Profit Sharing Plan at $2M / 77 participants.

#2,308
in Finance & Insurance (9,261 peers)
-5.9%
assets change YoY

The plan reported a net loss of $152K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Challenge Financial Services, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Challenge Financial Services, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,420,077 37th percentile higher than 37% of 139,123 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 2022

Challenge Financial Services, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Challenge Financial Services, Inc. 401(k) Profit Sharing Plan is a small filing (77 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 330718991 · Challenge Financial Services, Inc. PY 2022 · 401(k)

Challenge Financial Services, Inc. 401(k) Profit Sharing Plan · $2M · 77 · 37th

  • EOY $2M
  • EOY 77
  • EOY 37th
  • EOY 401(k)
  • EOY near Gibbel Insurance Agency, Inc. Salary Savings Plan
  • EOY ind #2308

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 Finance & Insurance retirement plans → · Plans in California →

Challenge Financial Services, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Challenge Financial Services, Inc. 401(k) Profit Sharing PlanChallenge Financial Services…$2MGibbel Insurance Agency, Inc. Salary Savings PlanGibbel Insurance Agency, Inc…$2MPds Biotechnology Corporation 401(k) PlanPds Biotechnology Corporatio…$2MPhysicians Medical Center, LLC 401(k) PlanPhysicians Medical Center, L…$2MDi-Marc, Inc., Inc. Profit Sharing PlanDi-Marc, Inc., Inc. Profit S…$2M
End-of-year total assets ($M) among Challenge Financial Services, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Challenge Financial Services, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Challenge Financial Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 38.926282097635735% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M 202220232024 $2.42M $3.36M ▲ +38.8%
Year Plans Participants Total Assets
2022 1 77 $2M
2023 1 77 $3M
2024 1 80 $3M

Challenge Financial Services, Inc. filing trail (2022)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$152K
Employer EIN330718991
Plan Effective Date2013-11-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Challenge Financial Services, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Challenge Financial Services, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.002420077 · Participants: 77Challenge Financial Services, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Challenge Financial Services, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Challenge Financial Services, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Challenge Financial Services, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Gibbel Insurance Agency, Inc. Salary Savings Plan in PA ($2M); by covered participants it is Accend Services, Inc. 401(k) Plan in MN (77 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (77 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Challenge Financial Services, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
Challenge Financial Services, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 5.9% during 2022, from $3M to $2M. Reported net income was -$152K.
How have Challenge Financial Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Challenge Financial Services, Inc.'s sponsor-wide assets grew 38.9%, from $2M to $3M.
Which 401(k) plans are similar in size to Challenge Financial Services, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gibbel Insurance Agency, Inc. Salary Savings Plan in PA ($2M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Challenge Financial Services, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Accend Services, Inc. 401(k) Plan in MN (77 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 330718991.

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.