Other · DOL Form 5500 · 2023

Challenge Enterprises of North Florida, Inc. Retirement Plan

Data updated 2026-08-11

$2M
Total assets
295
Participants
29th
Percentile by assets
$6,162
Avg per participant
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Official DOL plan name: Challenge Enterprises of North Florida, Inc. Retirement Plan · Sponsored by Challenge Enterprises of North Florida, Inc. · Florida · Healthcare & Social Assistance

$2M in assets, 295 participants

Challenge Enterprises of North Florida, Inc.'s Challenge Enterprises of North Florida, Inc. Retirement Plan reported $2M in total assets and 295 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • 29th percentile by assets (of 127,072 plans)
  • #4,862 in Healthcare & Social Assistance (17,684 peers)

Coverage in Florida

Challenge Enterprises of North Florida, Inc. Retirement Plan covers 295 participants in Florida, about 47% of the average Florida filer (state average ~628 per filing). Assets: $2M.

$2M
total plan assets (2023 EOY)
295
covered participants
29th
percentile by assets (of 127,072 plans)
$6,162
avg assets per participant

The plan reported a net loss of $148K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Challenge Enterprises of North Florida, Inc. Retirement Plan sits by total assets

Challenge Enterprises of North Florida, Inc. Retirement Plan vs every filed plan by assets

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

$1,817,678 29th percentile higher than 29% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Challenge Enterprises of North Florida, Inc. Retirement Plan reported net income fell from $203K in the plan year 2022 filing to -$148K in the plan year 2023 filing.
  • Challenge Enterprises of North Florida, Inc. Retirement Plan end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Challenge Enterprises of North Florida, Inc. Retirement Plan reported participants rose from 286 in the plan year 2022 filing to 295 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Florida
Industry
Healthcare & Social Assistance

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Challenge Enterprises of North Florida, Inc. Retirement Plan reports 295 participants - about 47% of that state average ($2M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$148K
Employer EIN591478621
Plan Effective Date2004-02-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Challenge Enterprises of North Florida, Inc.)

$1.75M$1.8M$1.85M$1.9M$1.95M$2M 202220232024 $1.97M $1.81M ▼ -8.1%
Total plan assets by year, all Challenge Enterprises of North Florida, Inc. plans on file
Year Plans Participants Total Assets
2022 1 286 $2M
2023 1 295 $2M
2024 1 284 $2M

Nearby Other Plans in Florida

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

Challenge Enterprises of North Florida, Inc. Retirement Plan vs. nearby Other plans in Florida, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Challenge Enterprise…, Total assets ($B): 0.001817678 · Participants: 295Challenge Enterprise…Baptist Health South…, Total assets ($B): 2.330892261 · Participants: 25214Baptist Health South…University of Miami …, Total assets ($B): 1.720804746 · Participants: 12683University of Miami …Orlando Health Retir…, Total assets ($B): 1.55865765 · Participants: 26087Orlando Health Retir…Defined Contribution…, Total assets ($B): 1.145895297 · Participants: 972Defined Contribution…The Nemours Foundati…, Total assets ($B): 1.13466821 · Participants: 8505The Nemours Foundati…
Challenge Enterprises of North Florida, Inc. Retirement Plan vs. nearby Other plans in Florida, assets vs. participants
Compare Challenge Enterprises of North Florida, … side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to Challenge Enterprises of North Florida, Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Challenge Enterprises of North Florida, Inc. Retirement Plan assets move in 2023? ▼
Challenge Enterprises of North Florida, Inc. Retirement Plan pulled back noticeably - down 7.5% during 2023, from $2M to $2M. Reported net income was -$148K.
How have Challenge Enterprises of North Florida, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Challenge Enterprises of North Florida, Inc.'s sponsor-wide assets declined 8.1%, from $2M to $2M.
Which Other plans are similar in size to Challenge Enterprises of North Florida, Inc. Retirement Plan? ▼
Among Other plans in other states, the closest by assets is Sanford 403(b) Retirement Savings Plan in ND ($2M, 5,488 participants).

Next read for Challenge Enterprises of North Florida, …

Filing takeaways

Ways to act on Challenge Enterprises of North Florida, Inc. Retirement Plan's numbers.

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 591478621.

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.