401(k) · DOL Form 5500 · 2024

Challenge Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
116
Participants Small participant base
31st
Percentile by assets National rank
$19,475
Avg per participant Low 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, 116 participants

Challenge Industries, Inc.'s 403(b) Thrift Plan for Employees of Challenge Industries, Inc. reported $2M in total assets and 116 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.

  • #4,967 in Healthcare & Social Assistance (16,916 peers)

Coverage in New York

403(b) Thrift Plan for Employees of Challenge Industries, Inc. covers 116 participants in New York, about 15% of the average New York filer (state average ~798 per filing). Assets: $2M.

#4,967
in Healthcare & Social Assistance (16,916 peers)
-5.8%
assets change YoY

The plan reported a net loss of $139K 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. among the smaller filed plans by assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,259,079 31st percentile higher than 31% of 123,620 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 2024

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

Plan-year 2024 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. sits mid-pack in the medium band (116 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 403(b) Thrift Plan for Employees of Challenge Industries, Inc. reported net income fell from -$23K in the plan year 2023 filing to -$139K in the plan year 2024 filing.
  • 403(b) Thrift Plan for Employees of Challenge Industries, Inc. reported participants rose from 73 in the plan year 2023 filing to 116 in the plan year 2024 filing.
  • 403(b) Thrift Plan for Employees of Challenge Industries, Inc. end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 160956917 · Challenge Industries, Inc. PY 2024 · 401(k)

403(b) Thrift Plan for Employees of Challenge Industries, Inc. · $2M · 116 · 31st

  • EIN $2M
  • EIN 116
  • EIN 31st
  • EIN 401(k)
  • EIN near Bomar Pools, Inc 401(k) Plan
  • EIN ind #4967

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…$2MBomar Pools, Inc 401(k) Plan$2MOkanogan Behavioral Healthcare Retirement Investment PlanOkanogan Behavioral Healthca…$2MMadison Academy 401(k) Plan$2MThe Spa and Sauna Company, LLC Profit Sharing 401(k) Plan & TrustThe Spa and Sauna Company, L…$2M
End-of-year total assets ($M) among 403(b) Thrift Plan for Employees of Challenge Industries, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$139K
Employer EIN160956917
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Challenge Industries, Inc.)

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

Nearby 401(k) Plans in New York

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

403(b) Thrift Plan for Employees of Challenge Industries, Inc. vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants 403(b) Thrift Plan for Employees of Challenge Industries, Inc., Total assets ($B): 0.002259079 · Participants: 116403(b) Thrift Plan for Employees of Challenge Industries, Inc.IBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
403(b) Thrift Plan for Employees of Challenge Industries, Inc. vs. nearby 401(k) 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 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Bomar Pools, Inc 401(k) Plan in FL ($2M); by covered participants it is Steelseries 401(k) Plan in IL (116 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (116 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
403(b) Thrift Plan for Employees of Challenge Industries, Inc. pulled back noticeably - down 5.8% during 2024, from $2M to $2M. Reported net income was -$139K.
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 401(k) plans are similar in size to 403(b) Thrift Plan for Employees of Challenge Industries, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is Bomar Pools, Inc 401(k) Plan in FL ($2M, 23 participants).
Which 401(k) plans cover a similar participant headcount to 403(b) Thrift Plan for Employees of Challenge Industries, Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Steelseries 401(k) Plan in IL (116 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.