Defined Benefit (Pension) · DOL Form 5500 · 2024

The Challenge Machinery Company Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
4
Participants Small participant base
42nd
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Challenge Machinery Company Frozen Defined Benefit Plan · Sponsored by The Challenge Machinery Company · Michigan · Manufacturing

$5M in assets, 4 participants

The Challenge Machinery Company's The Challenge Machinery Company Frozen Defined Benefit Plan reported $5M in total assets and 4 participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,491 in Manufacturing (17,777 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 $5M / 4 participants.

#4,491
in Manufacturing (17,777 peers)
-27.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$5,044,754 42nd percentile higher than 42% 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

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

Plan-year 2024 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 (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Challenge Machinery Company Frozen Defined Benefit Plan reported net income fell from $57K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • The Challenge Machinery Company Frozen Defined Benefit Plan end-of-year assets fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • The Challenge Machinery Company Frozen Defined Benefit Plan reported participants fell from 5 in the plan year 2023 filing to 4 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 380411340 · The Challenge Machinery Company PY 2024 · Defined Benefit (Pension)

The Challenge Machinery Company Frozen Defined Benefit Plan · $5M · 4 · 42nd

  • NET $5M
  • BOOK 4
  • VS-ST 42nd
  • BOY Defined Benefit (Pension)
  • SCH near Eide Bailly Equity Partner Retirement Plan
  • EBSA ind #4491

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

Herschel Kulefsky, Esq. Retirement PlanHerschel Kulefsky, Esq. Reti…$5MHeathary Resources, Inc. Retirement PlanHeathary Resources, Inc. Ret…$5MThe Challenge Machinery Company Frozen Defined Benefit PlanThe Challenge Machinery Comp…$5MEide Bailly Equity Partner Retirement PlanEide Bailly Equity Partner R…$5MLorraine E. Schwartz Inc. Defined Benefit PlanLorraine E. Schwartz Inc. De…$5M
End-of-year total assets ($M) among The Challenge Machinery Company Frozen Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$2M
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): 0.005044754 · Participants: 4The Challenge Machinery Company Frozen Defined Benefit PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
The Challenge Machinery Company Frozen Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare The Challenge Machinery Company Frozen Defined Benefit Plan side-by-side with 3 peers →

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 Eide Bailly Equity Partner Retirement Plan in ND ($5M); by covered participants it is Bordeaux Dyno-Cam & Machine Shop Defined Benefit Pension Plan in NC (4 participants). Same-state nearby plans are listed separately above.

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 The Challenge Machinery Company Frozen Defined Benefit Plan assets move in 2024? ▼
The Challenge Machinery Company Frozen Defined Benefit Plan declined sharply - down 27.0% during 2024, from $7M to $5M. Reported net income was -$2M.
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 Eide Bailly Equity Partner Retirement Plan in ND ($5M, 146 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 Bordeaux Dyno-Cam & Machine Shop Defined Benefit Pension Plan in NC (4 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 380411340.

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.