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Original filing (PDF)20251008111823NAL0005464753001
CHALLENGE INDUSTRIES, INC.
Form 5500
FILING_RECEIVED
403(B) THRIFT PLAN FOR EMPLOYEES OF CHALLENGE INDUSTRIES, INC.
401(k) retirement plan
Signals · 1
~89 bps in Sched C fees
Active participants
87
Accounts w/ balance
84
Plan assets (EOY)
$2.3M
Net assets (EOY)
$2.3M
How this plan invests
This plan
1 pooled trust
Schedule D
24 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 89 bps in Schedule C fees — 71% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CHALLENGE INDUSTRIES, INC..
Plan sponsor
Name
CHALLENGE INDUSTRIES, INC.
EIN
16-0956917
Address
950 DANBY ROAD, STE. 179 · ITHACA, NY · 14850
Phone
(607) 272-8990
Industry
Health Care & Social Assistancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-08
Pension benefit codes
2G · Total participant-directed accounts
2L · 403(b)(1) annuity
2M · 403(b)(7) custodial accounts
2T · Default investment account (QDIA)
2K · 401(m) arrangement
2J · 401(k) feature
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
SCIARABBA WALKER & CO. LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PINNACLE INVESTMENTS, LLC | 06-1375177 | — | ADVISOR | $0 | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE AND ANNUI | 71-0294708 | — | NONE | $14K | — |
| VALIANT RETIRE INC. | 87-1649469 | — | NONE | $6K | — |
Investments
22 direct securities · 1 pooled fund· $2.3M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$2.3M
22 holdings
Pooled Separate Account
$2K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| TRowePrc Retirement 2025 Fund Registered Investment Company | — | — | — | $512K | 22.7% | |
| TRowePrc Retirement 2030 Fund Registered Investment Company | — | — | — | $331K | 14.7% | |
| TRowePrc Retirement 2020 Fund Registered Investment Company | — | — | — | $296K | 13.1% | |
| TRowePrc Retirement 2045 Fund Registered Investment Company | — | — | — | $246K | 10.9% | |
| TRowePrc Retirement 2035 Fund Registered Investment Company | — | — | — | $230K | 10.2% | |
| TRowePrc Retirement 2010 Fund Registered Investment Company | — | — | — | $128K | 5.7% | |
| TRowePrc Retirement 2015 Fund Registered Investment Company | — | — | — | $111K | 4.9% | |
| TRowePrc Retirement 2050 Fund Registered Investment Company | — | — | — | $107K | 4.7% | |
| TRowePrc Retirement 2040 Fund Registered Investment Company | — | — | — | $84K | 3.7% | |
| Mutual of America Interest Accumulation Account Insurance Company General Account Contract | — | — | — | $46K | 2.0% | |
| Fidelity 500 Index Fund Registered Investment Company | — | — | — | $39K | 1.7% | |
| Maturing through 2029 with interest Notes Receivable from Participants rates ranging from 5.85% to 9.50% | — | — | — | $27K | 1.2% | |
| Participants Loans Rate of 9.50% | — | — | — | $27K | 1.2% | |
| TRowePrc Retirement 2055 Fund Registered Investment Company | — | — | — | $17K | 0.8% | |
| Voya Fixed Account Insurance Company General Account Contract | — | — | — | $17K | 0.7% | |
| JPMorgan U.S. Res Enhanc Eq R6 Registered Investment Co | — | — | — | $17K | 0.7% | |
| TRowePrc Retirement 2060 Fund Registered Investment Company | — | — | — | $11K | 0.5% | |
| Vangrd Strategic Eqty Fnd Inv Registered Investment Co | — | — | — | $9K | 0.4% | |
| JPMorgan Mid Cap Growth Fund Registered Investment Company | — | — | — | $8K | 0.4% | |
| Vanguard Small-Cap Index Fund Registered Investment Company | — | — | — | $8K | 0.3% | |
| DWS Capital Growth VIP Pooled Separate Account 566 Mutual of America All America Fund Pooled Separate Account 333 Vanguard VIF International Portfolio Pooled Separate Account 375 American Funds New Perspective Registered Investment Company | — | — | — | $5K | 0.2% | |
| Fidelity International Index Registered Investment Company | — | — | — | $5K | 0.2% | |
| SEPARATE ACCOUNT NUMBER SA2 MUTUAL OF AMERICA · EIN 13-1614399 / PN 002 | Pooled Separate Account | — | — | $2K | <0.1% |
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