DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

The Challenge Machinery Company Frozen Defined Benefit Plan

Corporate pensionMuskegon, MI
Assets
$5.0M
Total assets, Apr 30, 2025 reported
Funded
98.4%
May 1, 2024
Private markets target
n/a
policy Apr 30, 2025
Commitments
21
none on the tape
Plan sponsor: The Challenge Machinery Company
Allocation policy
Form 5500, as of Apr 30, 2025
Actual allocation lines without a target (as filed)
  • Insurance company general account 0.3%
  • Pooled separate accounts 94.7%
  • Registered investment companies 0.0%
Consultants and advisers
2 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on the commitment tape
From the plan’s own commitment disclosures
Commitments
21 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Apr 30, 2025Prin Liquid Assets Sep Acct-Zseparate accountPrincipalPooled vehicles$309,936 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$1,728 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Prin Lgcp S&p 500 Index Sa-Zseparate accountPrincipalPooled vehicles$722 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Prin Smcap S&p 600 Index Sa-Zseparate accountPrincipalPooled vehicles$337 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Prin Midcap S&p 400 Idx Sa-Zseparate accountPrincipalPooled vehicles$281 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Prin Ldi Long Duration Sa-Zseparate accountPrincipalFixed income$1.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Prin Intl Equity Index Sa-Zseparate accountPrincipalPublic equity$372 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Prin Ldi Short Dur Sep Acct-Zseparate accountPrincipalPooled vehicles$967,460 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Prin Ldi Intrm Dur Sep Acct-Zseparate accountPrincipalPooled vehicles$2.2M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Prin Liquid Assets Sep Acct-Zseparate accountPrincipalPooled vehicles$224,313 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$509,147 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Prin Lgcp S&p 500 Index Sa-Zseparate accountPrincipalPooled vehicles$1.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Prin Smcap S&p 600 Index Sa-Zseparate accountPrincipalPooled vehicles$409,495 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Prin Midcap S&p 400 Idx Sa-Zseparate accountPrincipalPooled vehicles$253,727 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Prin Intl Equity Index Sa-Zseparate accountPrincipalPublic equity$205,111 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Prin Liquid Assets Sep Acct-Zseparate accountPrincipalPooled vehicles$140,556 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$540,657 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Prin Lgcp S&p 500 Index Sa-Zseparate accountPrincipalPooled vehicles$1.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Prin Smcap S&p 600 Index Sa-Zseparate accountPrincipalPooled vehicles$340,766 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Prin Midcap S&p 400 Idx Sa-Zseparate accountPrincipalPooled vehicles$244,988 heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Prin Intl Equity Index Sa-Zseparate accountPrincipalPublic equity$195,771 heldDisclosed holdingaskebsa.dol.gov
Size and funding
31 readings
Total assets
$5.0M Apr 30, 2025 reported Form 5500
$6.9M (2024-04) · $6.9M (2023-04)
Plan assets
$6.9M May 1, 2024 reported Form 5500
$6.9M (2023-05) · $7.6M (2022-05)
Net assets
$5.0M Apr 30, 2025 reported Form 5500
$6.9M (2024-04) · $6.9M (2023-04)
Funded ratio
98.4% May 1, 2024 reported Form 5500
97.8% (2023-05) · 94.8% (2022-05)
Funding target
$6.9M May 1, 2024 reported Form 5500
$7.5M (2023-05) · $7.9M (2022-05)
Discount rate
5.23% May 1, 2024 reported Form 5500
5.08% (2023-05) · 5.25% (2022-05)
Participants
113 May 1, 2024 reported Form 5500
150 (2023-05) · 155 (2022-05)
Contributions
$60,882 Apr 30, 2025 reported Form 5500
$198,017 (2024-04) · $187,925 (2023-04)
Benefits paid
$2.2M Apr 30, 2025 reported Form 5500
$773,096 (2024-04) · $912,280 (2023-04)
Net investment income
$-1.9M Apr 30, 2025 reported Form 5500
$56,917 (2024-04) · $-781,299 (2023-04)
Investment management fees
$2,204 Apr 30, 2023 reported Form 5500
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Apr 30, 2025113$6.9M$6.9M98.4%$5.0Mn/an/an/a
2023 to Apr 30, 2024150$6.9M$7.5M97.8%$6.9Mn/an/an/a
2022 to Apr 30, 2023155$7.6M$7.9M94.8%$6.9Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Principal Life Insurance Company codes 13 50 64 $31,716 PY2024
  • Prin Liquid Assets Sep Acct-R3 Sched. D P $309,936 PY2024
  • Prin U.S. Property Sep Acct-R3 Sched. D P $1,728 PY2024
  • Prin Lgcap S&p 500 Index Sa-R3 Sched. D P $722 PY2024
  • Prin Smcap S&p 600 Index Sa-R3 Sched. D P $337 PY2024
  • Prin Midcap S&p 400 Idx Sa-R3 Sched. D P $281 PY2024
  • Prin Ldi Short Dur Sep Acct-R3 Sched. D P $967,460 PY2024
  • Prin Ldi Intrm Dur Sep Acct-R3 Sched. D P $2.2M PY2024
  • Prin Ldi Long Duration Sa-R3 Sched. D P $1.3M PY2024
  • Prin Intl Equity Index Sa-R3 Sched. D P $372 PY2024
  • Principal Financial Group codes 11 PY2024
  • Principal Life Insurance Company codes 13 50 64 $26,776 PY2023
  • Prin U.S. Property Sep Acct-R3 Sched. D P $509,147 PY2023
  • Prin Liquid Assets Sep Acct-R3 Sched. D P $224,313 PY2023
  • Prin Lgcap S&p 500 Index Sa-R3 Sched. D P $1.0M PY2023
  • Prin Smcap S&p 600 Index Sa-R3 Sched. D P $409,495 PY2023
  • Prin Midcap S&p 400 Idx Sa-R3 Sched. D P $253,727 PY2023
  • Prin Intl Equity Index Sa-R3 Sched. D P $205,111 PY2023
  • Principal Financial Group codes 11 PY2023
  • Principal Life Insurance Company codes 13 50 64 $22,419 PY2022
  • Merrill Lynch codes 27 50 99 $2,203 PY2022
  • Prin Midcap S&p 400 Idx Sa-R3 Sched. D P $244,988 PY2022
  • Prin Liquid Assets Sep Acct-R3 Sched. D P $140,556 PY2022
  • Prin U.S. Property Sep Acct-R3 Sched. D P $540,657 PY2022
  • Prin Intl Equity Index Sa-R3 Sched. D P $195,771 PY2022
  • Prin Lgcap S&p 500 Index Sa-R3 Sched. D P $1.0M PY2022
  • Prin Smcap S&p 600 Index Sa-R3 Sched. D P $340,766 PY2022
  • Principal Financial Group codes 11 PY2022
What changed
7 events
  • Apr 30, 2025Holding started
    The Challenge Machinery Company Frozen Defined Benefit Plan first reports an interest in Prin Ldi Intrm Dur Sep Acct-Z (Principal): $2M at 2025-04-30
    with Principalaskebsa.dol.gov
  • Apr 30, 2025Holding started
    The Challenge Machinery Company Frozen Defined Benefit Plan first reports an interest in Prin Ldi Long Duration Sa-Z (Principal): $1M at 2025-04-30
    with Principalaskebsa.dol.gov
  • Apr 30, 2025Holding started
    The Challenge Machinery Company Frozen Defined Benefit Plan first reports an interest in Prin Ldi Short Dur Sep Acct-Z (Principal): $967,460 at 2025-04-30
    with Principalaskebsa.dol.gov
  • Apr 30, 2025Assets changed
    The Challenge Machinery Company Frozen Defined Benefit Plan total assets $7M -> $5M (-27.0%, 2024-04-30 to 2025-04-30)
    askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Merrill Lynch no longer appears on The Challenge Machinery Company Frozen Defined Benefit Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)
    with Merrill Lynch,pierce,fenner & Smithaskebsa.dol.gov
  • May 1, 2023Funded status changed
    The Challenge Machinery Company Frozen Defined Benefit Plan funded ratio 94.8% -> 97.8% (2022-05-01 to 2023-05-01)
    askebsa.dol.gov
  • May 1, 2023Assets changed
    The Challenge Machinery Company Frozen Defined Benefit Plan plan assets $8M -> $7M (-10.2%, 2022-05-01 to 2023-05-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 380411340-002
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.