2023 Form 5500 filing — Challenge Unlimited 401(K) 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 20240829104032NAL0021429840001) for Challenge Unlimited 401(K) Plan, reported by Challenge Unlimited Inc. under EIN 37-0805566 and plan number 002. It reports 256 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240829104032NAL0021429840001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Challenge Unlimited Inc.
- EIN
- 37-0805566
- Plan number
- 002
- Location
- Alton, IL
- Participants
- 256
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,438,021
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,438,021
- Employer contributions
- $142,024
- Participant contributions
- $337,822
- Total income / additions
- $1,136,979
- Benefits paid
- $1,227,090
- Administrative expenses
- $28,676
- Total expenses
- $1,255,766
- Net increase / (decrease)
- -$118,787
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $16,592 | $0 |
| Benefit Plans Plus | CONTRACT ADMIN | $2,550 | $4,766 |
| Krilogy Financial LLC | OTHER | $5,403 | not reported in the loaded dataset |