401(k) · DOL Form 5500 · 2023
Challenge Mfg. Holdings 401(k) Plan
Data updated 2026-08-25
- $79M
- Total assets Below avg plan size
- 3,057
- Participants Above avg headcount
- 90th
- Percentile by assets National rank
- $25,941
- Avg per participant Low balance/head
Official DOL plan name: Challenge Mfg. Company Profit Sharing and Retirement Savings Plan · Sponsored by Challenge Mfg. Holdings · Michigan · Manufacturing
$79M in assets, 3,057 participants
Challenge Mfg. Holdings's Challenge Mfg. Company Profit Sharing and Retirement Savings Plan reported $79M in total assets and 3,057 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.
- #15,836 in Manufacturing (18,722 peers)
Coverage in Michigan
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan covers 3,057 participants in Michigan, 4.8x the typical Michigan plan (state average ~638 per filing). Assets: $79M.
- #15,836
- in Manufacturing (18,722 peers)
- +30.8%
- assets growth YoY
- 0.8×
- vs typical plan assets (national mean)
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan's outsized position by total assets
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$79,301,150 Top 10% higher than 90% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Challenge Mfg. Company Profit Sharing and Retirement Savings Plan lands in the large band (3,057 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Challenge Mfg. Company Profit Sharing and Retirement Savings Plan reported net income rose from -$5M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Challenge Mfg. Company Profit Sharing and Retirement Savings Plan reported participants rose from 2,307 in the plan year 2022 filing to 3,057 in the plan year 2023 filing.
- Challenge Mfg. Company Profit Sharing and Retirement Savings Plan end-of-year assets rose from $61M in the plan year 2022 filing to $79M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 464294293 · Challenge Mfg. Holdings PY 2023 · 401(k)
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan · $79M · 3,057 · 90th
- ASSETS $79M
- ASSETS 3,057
- ASSETS 90th
- ASSETS 401(k)
- ASSETS near Nmc Group, Inc. 401(k) Retirement Plan
- ASSETS ind #15836
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 Manufacturing retirement plans → · Plans in Michigan →
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $61M |
|---|---|
| Net Assets (End of Year) | $79M |
| Net Income | $19M |
| Employer EIN | 464294293 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Challenge Mfg. Holdings)
Sponsor-wide plan assets over time
All Challenge Mfg. Holdings plans reported in each filing year
- Latest sponsor-wide plan assets
- $140M 107.38236911922858% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 4,028 | $67M |
| 2023 | 2 | 4,929 | $102M |
| 2024 | 2 | 5,555 | $140M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Nmc Group, Inc. 401(k) Retirement Plan in NE ($79M); by covered participants it is Cp 401(k) Savings Plan in MN (3,056 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($79M here).
- Nmc Group, Inc. 401(k) Retirement Plan (NE) $79M · 715
- Anesthesiologists Associated, PC 401(k) Profit Sharing Retirement Plan (AL) $79M · 336
- VI-Jon Personal Choice 401(k) Retirement Plan Fka Cumberland Swan Holdings, Inc. Retirement Income Savings Plan (MO) $79M · 1,241
- The 401(k) Savings Plan for Ghc Affiliates (VA) $79M · 6,107
Similar participant headcount
Nearest other-state filings by covered participants (3,057 participants); asset peers above are excluded.
- Cp 401(k) Savings Plan (MN) 3,056 · 1 off
- Resmed U S 401(k) Plan (CA) 3,056 · 1 off
- 59 Wall Street Capital Accumulation Plan (NY) 3,056 · 1 off
- Safran Retirement and Savings Account Plan (TX) 3,058 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.