2023 Form 5500 filing — Challenge Unlimited, Inc. Health & Welfare Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007161530NAL0015488257001) for Challenge Unlimited, Inc. Health & Welfare Plan, reported by Challenge Unlimited, Inc. under EIN 37-0805566 and plan number 503. It reports 616 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007161530NAL0015488257001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Challenge Unlimited, Inc.
- EIN
- 37-0805566
- Plan number
- 503
- Location
- San Mateo, CA
- Participants
- 616
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,366,253
- Total liabilities (EOY)
- $731,469
- Net assets (EOY)
- $1,634,784
- Employer contributions
- $3,660,847
- Participant contributions
- $602,151
- Total income / additions
- $4,393,093
- Benefits paid
- $4,463,743
- Administrative expenses
- $404,798
- Total expenses
- $4,868,541
- Net increase / (decrease)
- -$475,448
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fce Benefit Administrators, Inc. | NONE | $209,448 | $103,150 |
| Fce Benefit Administrators, Inc. | NONE | $63,581 | not reported in the loaded dataset |
| Cigna Health And Life Insurance | NONE | $61,237 | not reported in the loaded dataset |
| Fiduciary Plan Management Services | NONE | $40,205 | not reported in the loaded dataset |
| Global Care, Inc. | NONE | $34,973 | not reported in the loaded dataset |
| Southern Scripts | NONE | $33,417 | not reported in the loaded dataset |
| Ineich & Company, Llp | NONE | $23,600 | not reported in the loaded dataset |
| Healthlink, Inc. | NONE | $18,285 | $0 |
| Broadreach Medical Resources, Inc. | NONE | $10,114 | not reported in the loaded dataset |
| United Workers Wellness | NONE | $5,962 | not reported in the loaded dataset |