The Challenger 401(K) Plan — Form 5500 plan (Challenger Performance)
Plain-English plan 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, The Challenger 401(K) Plan is a benefit plan reported by Challenger Performance under EIN 83-1106257 and plan number 001. The latest loaded filing year is 2023. The filing reports 171 participants and $7,533,593 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Challenger Performance
- EIN
- 83-1106257
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
- Participants
- 171
- End-of-year plan assets
- $7,533,593
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 171 | H, C | 20240913100519NAL0009764401001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,533,593
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,533,593
- Net assets (BOY)
- $6,002,696
Income & contributions
- Employer contributions
- $317,143
- Participant contributions
- $904,016
- Total contributions
- $1,526,672
- Total income / additions
- $2,775,123
Expenses & distributions
- Benefits paid
- $1,217,805
- Administrative expenses
- $21,519
- Total expenses
- $1,244,226
- Net increase / (decrease)
- $1,530,897
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Forest Capital Management, LLC | INVESTMENT/FINANCIAL ADVI | $18,837 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $2,681 | $0 | 2023 |