401k Plan data: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN plan

CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 401k Plan overview

Plan Name	CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN
Plan identification number	001

CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CHALLENGER INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: CHALLENGER INDUSTRIES, INC.

Employer identification number (EIN): 450387938

NAIC Classification: 541990
NAIC Description: All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01 CHARLES KELLER
001 2015-01-01 CHARLES KELLER
001 2014-01-01 CHARLES KELLER
001 2013-01-01 ROBIN IVERSON 2014-06-09
001 2012-01-01 CHARLES KELLER 2013-05-09
001 2011-01-01 CHARLES KELLER 2012-04-18
001 2010-01-01 CHARLES KELLER 2011-05-12

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2016-01-01	CHARLES KELLER
001	2015-01-01	CHARLES KELLER
001	2014-01-01	CHARLES KELLER
001	2013-01-01	ROBIN IVERSON	2014-06-09
001	2012-01-01	CHARLES KELLER	2013-05-09
001	2011-01-01	CHARLES KELLER	2012-04-18
001	2010-01-01	CHARLES KELLER	2011-05-12

Plan Statistics for CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN

401k plan membership statisitcs for CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN

Measure Date Value
2016: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 149
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Number of participants with account balances 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 172
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 97
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 49
Total of all active and inactive participants 2015-01-01 146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 146
Number of participants with account balances 2015-01-01 108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 114
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 141
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 16
Total of all active and inactive participants 2014-01-01 157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 157
Number of participants with account balances 2014-01-01 103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0

Measure	Date	Value
2016: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	149
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Number of participants with account balances	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	172
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	97
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	49
Total of all active and inactive participants	2015-01-01	146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	146
Number of participants with account balances	2015-01-01	108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	114
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	141
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	16
Total of all active and inactive participants	2014-01-01	157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	157
Number of participants with account balances	2014-01-01	103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0

Financial Data on CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN

Measure	Date	Value
2016 : CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-07-27	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-07-27	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-07-27	$0
Total income from all sources (including contributions)	2016-07-27	$80,766
Total loss/gain on sale of assets	2016-07-27	$0
Total of all expenses incurred	2016-07-27	$2,548,002
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-07-27	$2,546,518
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-07-27	$378
Value of total assets at end of year	2016-07-27	$0
Value of total assets at beginning of year	2016-07-27	$2,467,236
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-07-27	$1,484
Total interest from all sources	2016-07-27	$265
Total dividends received (eg from common stock, registered investment company shares)	2016-07-27	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-07-27	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2016-07-27	$0
Was this plan covered by a fidelity bond	2016-07-27	Yes
Value of fidelity bond cover	2016-07-27	$25,000
If this is an individual account plan, was there a blackout period	2016-07-27	No
Were there any nonexempt tranactions with any party-in-interest	2016-07-27	No
Contributions received from participants	2016-07-27	$137
Participant contributions at end of year	2016-07-27	$0
Participant contributions at beginning of year	2016-07-27	$30,448
Income. Received or receivable in cash from other sources (including rollovers)	2016-07-27	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-07-27	No
Value of net income/loss	2016-07-27	$-2,467,236
Value of net assets at end of year (total assets less liabilities)	2016-07-27	$0
Value of net assets at beginning of year (total assets less liabilities)	2016-07-27	$2,467,236
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-07-27	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-07-27	No
Were any leases to which the plan was party in default or uncollectible	2016-07-27	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-07-27	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-07-27	$2,421,602
Interest on participant loans	2016-07-27	$265
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-07-27	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-07-27	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-07-27	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-07-27	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-07-27	$80,123
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-07-27	No
Was there a failure to transmit to the plan any participant contributions	2016-07-27	No
Has the plan failed to provide any benefit when due under the plan	2016-07-27	No
Contributions received in cash from employer	2016-07-27	$241
Employer contributions (assets) at end of year	2016-07-27	$0
Employer contributions (assets) at beginning of year	2016-07-27	$15,186
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-07-27	$2,546,518
Contract administrator fees	2016-07-27	$1,484
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2016-07-27	No
Did the plan have assets held for investment	2016-07-27	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-07-27	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-07-27	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-07-27	Yes
Opinion of an independent qualified public accountant for this plan	2016-07-27	Disclaimer
Accountancy firm name	2016-07-27	WIDMER ROEL PC
Accountancy firm EIN	2016-07-27	450334950
2015 : CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$592,287
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$244,592
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$241,355
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$611,409
Value of total assets at end of year	2015-12-31	$2,467,236
Value of total assets at beginning of year	2015-12-31	$2,119,541
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$3,237
Total interest from all sources	2015-12-31	$1,342
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$25,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$381,727
Participant contributions at end of year	2015-12-31	$30,448
Participant contributions at beginning of year	2015-12-31	$37,064
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$25,759
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$347,695
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$2,467,236
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$2,119,541
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$2,421,602
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$2,042,893
Interest on participant loans	2015-12-31	$1,342
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$7,395
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$7,395
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-20,464
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$203,923
Employer contributions (assets) at end of year	2015-12-31	$15,186
Employer contributions (assets) at beginning of year	2015-12-31	$32,189
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$241,355
Contract administrator fees	2015-12-31	$3,237
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2015-12-31	No
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	WIDMER ROEL
Accountancy firm EIN	2015-12-31	450334950
2014 : CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$720,579
Expenses. Total of all expenses incurred	2014-12-31	$151,047
Benefits paid (including direct rollovers)	2014-12-31	$147,855
Total plan assets at end of year	2014-12-31	$2,119,541
Total plan assets at beginning of year	2014-12-31	$1,550,009
Value of fidelity bond covering the plan	2014-12-31	$25,000
Total contributions received or receivable from participants	2014-12-31	$396,277
Other income received	2014-12-31	$107,141
Net income (gross income less expenses)	2014-12-31	$569,532
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$2,119,541
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,550,009
Assets. Value of participant loans	2014-12-31	$37,064
Total contributions received or receivable from employer(s)	2014-12-31	$217,161
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$3,192
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0

Form 5500 Responses for CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN

2016: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: CHALLENGER INDUSTRIES, INC. 401(K) P/S PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	CHALLENGER INDUSTRIES, INC.
Employer identification number (EIN):	450387938
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services