401(k) · DOL Form 5500 · 2022

Chancelight, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
1,564
Participants Near avg headcount
77th
Percentile by assets National rank
$12,185
Avg per participant Low balance/head
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Official DOL plan name: Chancelight Inc 401(k) Profit Sharing Plan & Trust · Sponsored by Chancelight, Inc. · Tennessee · Educational Services

$19M in assets, 1,564 participants

Chancelight, Inc.'s Chancelight Inc 401(k) Profit Sharing Plan & Trust reported $19M in total assets and 1,564 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #2,409 in Educational Services (4,024 peers)

Where Chancelight Inc 401(k) Profit Sharing Plan & Trust sits by assets

Chancelight Inc 401(k) Profit Sharing Plan & Trust sits in the top quartile of all filed plans by assets, $19M for 1,564 participants (~$12,185/participant), down 18.3% in 2022.

#2,409
in Educational Services (4,024 peers)
-18.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Chancelight Inc 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Chancelight Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$19,057,587 Top 23% higher than 77% 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

Chancelight Inc 401(k) Profit Sharing Plan & Trust's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Chancelight Inc 401(k) Profit Sharing Plan & Trust lands in the large band (1,564 participants).

Form 5500 schedule snapshot

Filing strip 522185876 · Chancelight, Inc. PY 2022 · 401(k)

Chancelight Inc 401(k) Profit Sharing Plan & Trust · $19M · 1,564 · 77th

  • 5500 $19M
  • ASSETS 1,564
  • PCT 77th
  • EIN 401(k)
  • RANK near American Bancorporation, Inc. 401(k) Profit Sharing Plan & Trust
  • PHOTO ind #2409

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 Educational Services retirement plans → · Plans in Tennessee →

Chancelight Inc 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Chancelight Inc 401(k) Profit Sharing Plan & TrustChancelight Inc 401(k) Profi…$19MAmerican Bancorporation, Inc. 401(k) Profit Sharing Plan & TrustAmerican Bancorporation, Inc…$19MMurata Savings Plan$19MUfcw-Employers Benefit Plans Group Administration LLC Safe Harbor 401(k) PlanUfcw-Employers Benefit Plans…$19MErrg, Inc 401(k) Retirement PlanErrg, Inc 401(k) Retirement …$19M
End-of-year total assets ($M) among Chancelight Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$19M
Net Income-$4M
Employer EIN522185876
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chancelight, Inc.)

Sponsor-wide plan assets over time

All Chancelight, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 30.29342592008107% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $19.1M $24.8M ▲ +30.3%
Year Plans Participants Total Assets
2022 1 1,564 $19M
2023 1 1,214 $22M
2024 1 1,250 $25M

Nearby 401(k) Plans in Tennessee

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

Chancelight Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Chancelight Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.019057587 · Participants: 1564Chancelight Inc 401(k) Profit Sharing Plan & TrustFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Chancelight Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants

Chancelight Inc 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is American Bancorporation, Inc. 401(k) Profit Sharing Plan & Trust in OK ($19M); by covered participants it is Plug Power Inc. Savings and Retirement Plan in NY (1,564 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,564 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 Chancelight Inc 401(k) Profit Sharing Plan & Trust assets move in 2022?
Chancelight Inc 401(k) Profit Sharing Plan & Trust declined sharply - down 18.3% during 2022, from $23M to $19M. Reported net income was -$4M.
How have Chancelight, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Chancelight, Inc.'s sponsor-wide assets grew 30.3%, from $19M to $25M.
Where does Chancelight Inc 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Chancelight Inc 401(k) Profit Sharing Plan & Trust ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Chancelight Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is American Bancorporation, Inc. 401(k) Profit Sharing Plan & Trust in OK ($19M, 267 participants).
Which 401(k) plans cover a similar participant headcount to Chancelight Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Plug Power Inc. Savings and Retirement Plan in NY (1,564 participants, $126M in assets).