Plan Snapshot
- Plan Sponsor: Challenger School Foundation
- Sponsor EIN: 471405971
- Sponsor Address: 9424 SOUTH 300 WEST, SANDY, UT, 84070
- Plan Type: 401(k)
- Total Participants: 986
- Total Assets: $66.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 986 | $66.8M | $677,519 | $4.4M |
| 2023 | 932 | $55.6M | $567,807 | $3.7M |
| 2022 | 795 | $43.9M | $505,875 | $3.4M |
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 |
|---|---|---|---|---|
| RICHEY, MAY & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RICHEY, MAY & CO., LLP — Auditor
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 | $114,695 | $60,165 | — | — | — |
| 2023 | $105,625 | $40,417 | $24,136 | — | — |
| 2022 | $162,732 | $160,630 | — | — | — |