Defined Benefit (Pension) · DOL Form 5500 · 2023

The Challenge Machinery Company Pension Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
5
Participants Small participant base
51st
Percentile by assets National rank
$1.4M
Avg per participant High balance/head
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Official DOL plan name: The Challenge Machinery Company Frozen Defined Benefit Plan · Sponsored by The Challenge Machinery Company · Michigan · Manufacturing

$7M in assets, 5 participants

The Challenge Machinery Company's The Challenge Machinery Company Frozen Defined Benefit Plan reported $7M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #6,537 in Manufacturing (18,722 peers)

The Challenge Machinery Company multi-year trail

The Challenge Machinery Company's plans moved -26.4% in assets from 2022 to 2024; this filing shows The Challenge Machinery Company Frozen Defined Benefit Plan at $7M / 5 participants.

#6,537
in Manufacturing (18,722 peers)
+0.8%
assets growth YoY

The Challenge Machinery Company Frozen Defined Benefit Plan's mid-pack asset rank among Manufacturing and all filers

The Challenge Machinery Company Frozen Defined Benefit Plan vs every filed plan by assets

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

$6,907,828 Top 49% higher than 51% 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

The Challenge Machinery Company Frozen Defined Benefit Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Challenge Machinery Company Frozen Defined Benefit Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Challenge Machinery Company Frozen Defined Benefit Plan reported net income rose from -$781K in the plan year 2022 filing to $57K in the plan year 2023 filing.
  • The Challenge Machinery Company Frozen Defined Benefit Plan reported participants fell from 6 in the plan year 2022 filing to 5 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 380411340 · The Challenge Machinery Company PY 2023 · Defined Benefit (Pension)

The Challenge Machinery Company Frozen Defined Benefit Plan · $7M · 5 · 51st

  • VS-ST $7M
  • BOY 5
  • SCH 51st
  • EBSA Defined Benefit (Pension)
  • PART near Pollard (U.S.) Ltd. Service Related Pension Plan
  • TYPE ind #6537

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 →

The Challenge Machinery Company Frozen Defined Benefit Plan in the asset neighbourhood

Michael Yang, M.D. Pension PlanMichael Yang, M.D. Pension P…$7MThe Challenge Machinery Company Frozen Defined Benefit PlanThe Challenge Machinery Comp…$7MPollard (U.S.) Ltd. Service Related Pension PlanPollard (U.S.) Ltd. Service …$7MHollidaysburg Retirement Plan$7MMedical Extrusion Technologies, Inc. Defined Benefit PlanMedical Extrusion Technologi…$7M
End-of-year total assets ($M) among The Challenge Machinery Company Frozen Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

The Challenge Machinery Company multi-year asset trail

Sponsor-wide plan assets over time

All The Challenge Machinery Company plans reported in each filing year

Latest sponsor-wide plan assets
$5M 26.363749288233347% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $6.85M $5.04M ▼ -26.4%
Year Plans Participants Total Assets
2022 1 6 $7M
2023 1 5 $7M
2024 1 4 $5M

The Challenge Machinery Company filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income$57K
Employer EIN380411340
Plan Effective Date1959-04-10
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Challenge Machinery Company Frozen Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants The Challenge Machinery Company Frozen Defined Benefit Plan, Total assets ($B): 0.006907828 · Participants: 5The Challenge Machinery Company Frozen Defined Benefit PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
The Challenge Machinery Company Frozen Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

The Challenge Machinery Company Frozen Defined Benefit Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Pollard (U.S.) Ltd. Service Related Pension Plan in ($7M); by covered participants it is Suncoast Industries, Inc. Defined Benefit Pension Plan and Trust in FL (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 The Challenge Machinery Company Frozen Defined Benefit Plan assets move in 2023?
The Challenge Machinery Company Frozen Defined Benefit Plan held essentially flat - up 0.8% during 2023, from $7M to $7M. Reported net income was $57K.
How have The Challenge Machinery Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Challenge Machinery Company's sponsor-wide assets declined 26.4%, from $7M to $5M.
Which Defined Benefit (Pension) plans are similar in size to The Challenge Machinery Company Frozen Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pollard (U.S.) Ltd. Service Related Pension Plan in ($7M, 123 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Challenge Machinery Company Frozen Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Suncoast Industries, Inc. Defined Benefit Pension Plan and Trust in FL (5 participants, $1M in assets).