Other · DOL Form 5500 · 2022

Challenge Industries, Inc. Retirement Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
26
Participants Small participant base
37th
Percentile by assets National rank
$93,096
Avg per participant Below avg balance/head
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Official DOL plan name: 403(b) Thrift Plan for Employees of Challenge Industries, Inc. · Sponsored by Challenge Industries, Inc. · New York · Healthcare & Social Assistance

$2M in assets, 26 participants

Challenge Industries, Inc.'s 403(b) Thrift Plan for Employees of Challenge Industries, Inc. reported $2M in total assets and 26 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.

  • #7,828 in Healthcare & Social Assistance (20,060 peers)

2022 asset change

403(b) Thrift Plan for Employees of Challenge Industries, Inc. pulled back noticeably 14.8% in 2022 ($3M → $2M) for 26 participants.

#7,828
in Healthcare & Social Assistance (20,060 peers)
-14.8%
assets change YoY

The plan reported a net loss of $421K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

403(b) Thrift Plan for Employees of Challenge Industries, Inc.'s mid-pack asset rank among Healthcare & Social Assistance and all filers

403(b) Thrift Plan for Employees of Challenge Industries, Inc. vs every filed plan by assets

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

$2,420,500 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

403(b) Thrift Plan for Employees of Challenge Industries, Inc. among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 403(b) Thrift Plan for Employees of Challenge Industries, Inc. is a small filing (26 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 160956917 · Challenge Industries, Inc. PY 2022 · Other

403(b) Thrift Plan for Employees of Challenge Industries, Inc. · $2M · 26 · 37th

  • BOY $2M
  • SCH 26
  • EBSA 37th
  • PART Other
  • TYPE near Roosevelt Warm Springs Rehabilitation & Specialty Hospitals 403(b) Plan
  • NET ind #7828

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 Healthcare & Social Assistance retirement plans → · Plans in New York →

403(b) Thrift Plan for Employees of Challenge Industries, Inc. in the asset neighbourhood

403(b) Thrift Plan for Employees of Challenge Industries, Inc.403(b) Thrift Plan for Emplo…$2MRoosevelt Warm Springs Rehabilitation & Specialty Hospitals 403(b) PlanRoosevelt Warm Springs Rehab…$2MMcclendon Center 403(b) Retirement PlanMcclendon Center 403(b) Reti…$2MAcadiana Legal Service Corporation 403b Retirement PlanAcadiana Legal Service Corpo…$2MKipp Administrative Services Corporation 403(b) PlanKipp Administrative Services…$2M
End-of-year total assets ($M) among 403(b) Thrift Plan for Employees of Challenge Industries, Inc. and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Challenge Industries, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Challenge Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 6.668911381945879% vs 2022
2024 filing year
$2.2M$2.25M$2.3M$2.35M$2.4M$2.45M 202220232024 $2.42M $2.26M ▼ -6.6%
Year Plans Participants Total Assets
2022 1 26 $2M
2023 1 73 $2M
2024 1 116 $2M

2022 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$421K
Employer EIN160956917
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Nearby Other Plans in New York

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

403(b) Thrift Plan for Employees of Challenge Industries, Inc. vs. nearby Other plans in New York, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246810 Total assets ($B) Participants 403(b) Thrift Plan for Employees of Challenge Industries, Inc., Total assets ($B): 0.0024205 · Participants: 26403(b) Thrift Plan for Employees of Challenge Industries, Inc.Northwell Health 403(b) Plan, Total assets ($B): 8.317028702 · Participants: 47348Northwell Health 403(b) PlanThe Mount Sinai Medical Center 403(b) Retirement Plan, Total assets ($B): 7.314949825 · Participants: 30163The Mount Sinai Medical Center 403(b) Retirement PlanUniversity of Rochester Retirement Program, Total assets ($B): 6.362782969 · Participants: 27581University of Rochester Retirement ProgramMemorial Sloan Kettering Cancer Center Retirement Savings Plan, Total assets ($B): 4.621727567 · Participants: 21395Memorial Sloan Kettering Cancer Center Retirement Savings PlanRetirement Plan for Officers of Columbia University, Total assets ($B): 4.351843545 · Participants: 14287Retirement Plan for Officers of Columbia University
403(b) Thrift Plan for Employees of Challenge Industries, Inc. vs. nearby Other plans in New York, assets vs. participants
Compare 403(b) Thrift Plan for Employees of Challenge Industries, Inc. side-by-side with 3 peers →

403(b) Thrift Plan for Employees of Challenge Industries, Inc.'s out-of-state Other peers by assets and headcount

Outside New York, the nearest Other by assets is Roosevelt Warm Springs Rehabilitation & Specialty Hospitals 403(b) Plan in GA ($2M); by covered participants it is Hobgood Academy Inc. in NC (26 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (26 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 403(b) Thrift Plan for Employees of Challenge Industries, Inc. assets move in 2022? ▼
403(b) Thrift Plan for Employees of Challenge Industries, Inc. pulled back noticeably - down 14.8% during 2022, from $3M to $2M. Reported net income was -$421K.
How have Challenge Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Challenge Industries, Inc.'s sponsor-wide assets declined 6.7%, from $2M to $2M.
Which Other plans are similar in size to 403(b) Thrift Plan for Employees of Challenge Industries, Inc.? ▼
Among Other plans in other states, the closest by assets is Roosevelt Warm Springs Rehabilitation & Specialty Hospitals 403(b) Plan in GA ($2M, 152 participants).
Which Other plans cover a similar participant headcount to 403(b) Thrift Plan for Employees of Challenge Industries, Inc.? ▼
Among Other plans in other states, the closest by covered participants is Hobgood Academy Inc. in NC (26 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 160956917.

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.