401(k) · DOL Form 5500 · 2023

Challenger School Foundation 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
802
Participants Near avg headcount
87th
Percentile by assets National rank
$69,284
Avg per participant Below avg balance/head
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Official DOL plan name: Challenger School 401(k) Retirement Plan · Sponsored by Challenger School Foundation · Utah · Educational Services

$56M in assets, 802 participants

Challenger School Foundation's Challenger School 401(k) Retirement Plan reported $56M in total assets and 802 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #2,838 in Educational Services (3,735 peers)

Where Challenger School 401(k) Retirement Plan sits by assets

Challenger School 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $56M for 802 participants (~$69,284/participant), up 26.6% in 2023.

#2,838
in Educational Services (3,735 peers)
+26.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Challenger School 401(k) Retirement Plan's outsized position by total assets

Challenger School 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$55,565,755 Top 13% higher than 87% of 127,068 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 2023

Challenger School 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Challenger School 401(k) Retirement Plan sits mid-pack in the medium band (802 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Challenger School 401(k) Retirement Plan reported net income rose from -$11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Challenger School 401(k) Retirement Plan end-of-year assets rose from $44M in the plan year 2022 filing to $56M in the plan year 2023 filing.
  • Challenger School 401(k) Retirement Plan reported participants rose from 652 in the plan year 2022 filing to 802 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 471405971 · Challenger School Foundation PY 2023 · 401(k)

Challenger School 401(k) Retirement Plan · $56M · 802 · 87th

  • SCH $56M
  • SCH 802
  • SCH 87th
  • SCH 401(k)
  • SCH near Helm Group, Inc. 401(k) Plan
  • SCH ind #2838

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 Utah →

Challenger School 401(k) Retirement Plan in the asset neighbourhood

Challenger School 401(k) Retirement PlanChallenger School 401(k) Ret…$56MHelm Group, Inc. 401(k) Plan$56MBlanchard Training & Development Inc. 401(k) PlanBlanchard Training & Develop…$56MGalen Medical Group Employees Retirement Savings PlanGalen Medical Group Employee…$56MFres-Co System USA, Inc. Retirement Savings PlanFres-Co System USA, Inc. Ret…$56M
End-of-year total assets ($M) among Challenger School 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$56M
Net Income$12M
Employer EIN471405971
Plan Effective Date1994-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Challenger School Foundation)

Sponsor-wide plan assets over time

All Challenger School Foundation plans reported in each filing year

Latest sponsor-wide plan assets
$67M 52.21335642507686% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $43.9M $66.8M ▲ +52.2%
Year Plans Participants Total Assets
2022 1 652 $44M
2023 1 802 $56M
2024 1 941 $67M

Nearby 401(k) Plans in Utah

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

Challenger School 401(k) Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Challenger School 401(k) Retirement Plan, Total assets ($B): 0.055565755 · Participants: 802Challenger School 401(k) Retirement PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Challenger School 401(k) Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Challenger School 401(k) Retirement Plan side-by-side with 3 peers →

Challenger School 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Helm Group, Inc. 401(k) Plan in IL ($56M); by covered participants it is Center Fresh Egg Farm Mep 401(k) Plan in IA (802 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (802 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Challenger School 401(k) Retirement Plan assets move in 2023? ▼
Challenger School 401(k) Retirement Plan grew sharply - up 26.6% during 2023, from $44M to $56M. Reported net income was $12M.
How have Challenger School Foundation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Challenger School Foundation's sponsor-wide assets grew 52.2%, from $44M to $67M.
Where does Challenger School 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Challenger School 401(k) Retirement Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Challenger School 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Helm Group, Inc. 401(k) Plan in IL ($56M, 253 participants).
Which 401(k) plans cover a similar participant headcount to Challenger School 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Center Fresh Egg Farm Mep 401(k) Plan in IA (802 participants, $6M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 471405971.

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.