401(k) · DOL Form 5500 · 2024
Challenge Mfg. Holdings 401(k) Plan
Data updated 2026-08-25
- $91M
- Total assets Below avg plan size
- 3,293
- Participants Above avg headcount
- 90th
- Percentile by assets National rank
- $27,602
- 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
$91M in assets, 3,293 participants
Challenge Mfg. Holdings's Challenge Mfg. Company Profit Sharing and Retirement Savings Plan reported $91M in total assets and 3,293 participants in its 2024 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.
- #15,102 in Manufacturing (17,777 peers)
Coverage in Michigan
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan covers 3,293 participants in Michigan, 5.2x the typical Michigan plan (state average ~638 per filing). Assets: $91M.
- #15,102
- in Manufacturing (17,777 peers)
- +14.6%
- assets growth YoY
- 0.9×
- 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 2024 · DOL Form 5500
$90,892,838 Top 10% higher than 90% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 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 (3,293 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Challenge Mfg. Company Profit Sharing and Retirement Savings Plan reported net income fell from $19M in the plan year 2023 filing to $10M in the plan year 2024 filing.
- Challenge Mfg. Company Profit Sharing and Retirement Savings Plan end-of-year assets rose from $79M in the plan year 2023 filing to $91M in the plan year 2024 filing.
- Challenge Mfg. Company Profit Sharing and Retirement Savings Plan reported participants rose from 3,057 in the plan year 2023 filing to 3,293 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 464294293 · Challenge Mfg. Holdings PY 2024 · 401(k)
Challenge Mfg. Company Profit Sharing and Retirement Savings Plan · $91M · 3,293 · 90th
- PCT $91M
- EIN 3,293
- RANK 90th
- PHOTO 401(k)
- IND near National Automobile Dealers Assn 401(k) Plan
- EOY ind #15102
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) | $79M |
|---|---|
| Net Assets (End of Year) | $91M |
| Net Income | $10M |
| 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 $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
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 National Automobile Dealers Assn 401(k) Plan in VA ($91M); by covered participants it is Sonida Senior Living 401(k) Plan in TX (3,292 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($91M here).
- National Automobile Dealers Assn 401(k) Plan (VA) $91M · 169
- National Seating & Mobility, Inc. 401(k) Plan (TN) $91M · 2,019
- Forum Communications Company 401(k) Plan (ND) $91M · 791
- Heitman Employees Advantage Retirement Plan (IL) $91M · 309
Similar participant headcount
Nearest other-state filings by covered participants (3,293 participants); asset peers above are excluded.
- Sonida Senior Living 401(k) Plan (TX) 3,292 · 1 off
- Nordson Employees' Savings Trust Plan (OH) 3,291 · 2 off
- Honor Technology, Inc. 401(k) Plan (CA) 3,290 · 3 off
- The F.W. Webb Company Savings & Profit Sharing Plan (MA) 3,296 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.