Plan Snapshot
- Plan Sponsor: Challenge Mfg. Holdings
- Sponsor EIN: 464294293
- Sponsor Address: 3200 FRUIT RIDGE AVE NW, WALKER, MI, 495449707
- Plan Type: 401(k)
- Total Participants: 2,860
- Total Assets: $90.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,860 | $90.9M | $6.3M | $10.0M |
| 2023 | 3,333 | $79.3M | $6.4M | $9.8M |
| 2022 | 2,699 | $60.6M | $5.2M | $8.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| REHMANN ROBSON LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $464,653 | — | $464,653 | — | — |
| 2023 | $372,622 | — | $372,622 | — | — |
| 2022 | $288,729 | — | $288,729 | — | — |