Civic Intelligence

Macgraphics Design Group/Challenge News

Plan context: Challenge News Profit Sharing Plan

EIN 77-0311611 • San Jose, CA • 23 filings • 1 plans

1276 Lincoln Avenue, Suite 203San Jose, CA 95125-3008
Current Snapshot

Latest Year

2023

2023 Participants

1

2023 Assets

$1,496,916

2023 Contributions

$175,211

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,496,916$748,458$0199920132023YearValue
$1,496,916Latest year 2023

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

320199920112023YearValue
1Latest year 2023

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202311$1,496,916$175,211$175,211iApproximate average salary by contribution assumption: employee only about $4,380,275 at 4% or $2,920,183 at 6%; with 50% employer match about $2,920,183 at 4% or $1,946,789 at 6%; with 100% employer match about $2,190,138 at 4% or $1,460,092 at 6%.
Challenge News Profit Sharing Plan-1$1,496,916$175,211$175,211iApproximate average salary by contribution assumption: employee only about $4,380,275 at 4% or $2,920,183 at 6%; with 50% employer match about $2,920,183 at 4% or $1,946,789 at 6%; with 100% employer match about $2,190,138 at 4% or $1,460,092 at 6%.
202211$1,326,885$22,044$22,044iApproximate average salary by contribution assumption: employee only about $551,100 at 4% or $367,400 at 6%; with 50% employer match about $367,400 at 4% or $244,933 at 6%; with 100% employer match about $275,550 at 4% or $183,700 at 6%.
Challenge News Profit Sharing Plan-1$1,326,885$22,044$22,044iApproximate average salary by contribution assumption: employee only about $551,100 at 4% or $367,400 at 6%; with 50% employer match about $367,400 at 4% or $244,933 at 6%; with 100% employer match about $275,550 at 4% or $183,700 at 6%.
202012$1,422,834$29,695$14,848iApproximate average salary by contribution assumption: employee only about $371,188 at 4% or $247,458 at 6%; with 50% employer match about $247,458 at 4% or $164,972 at 6%; with 100% employer match about $185,594 at 4% or $123,729 at 6%.
Challenge News Profit Sharing Plan-2$1,422,834$29,695$14,848iApproximate average salary by contribution assumption: employee only about $371,188 at 4% or $247,458 at 6%; with 50% employer match about $247,458 at 4% or $164,972 at 6%; with 100% employer match about $185,594 at 4% or $123,729 at 6%.
201912$1,277,128$23,951$11,976iApproximate average salary by contribution assumption: employee only about $299,388 at 4% or $199,592 at 6%; with 50% employer match about $199,592 at 4% or $133,061 at 6%; with 100% employer match about $149,694 at 4% or $99,796 at 6%.
Challenge News Profit Sharing Plan-2$1,277,128$23,951$11,976iApproximate average salary by contribution assumption: employee only about $299,388 at 4% or $199,592 at 6%; with 50% employer match about $199,592 at 4% or $133,061 at 6%; with 100% employer match about $149,694 at 4% or $99,796 at 6%.
201812$1,112,395$55,000$27,500iApproximate average salary by contribution assumption: employee only about $687,500 at 4% or $458,333 at 6%; with 50% employer match about $458,333 at 4% or $305,556 at 6%; with 100% employer match about $343,750 at 4% or $229,167 at 6%.
Challenge News Profit Sharing Plan-2$1,112,395$55,000$27,500iApproximate average salary by contribution assumption: employee only about $687,500 at 4% or $458,333 at 6%; with 50% employer match about $458,333 at 4% or $305,556 at 6%; with 100% employer match about $343,750 at 4% or $229,167 at 6%.
201712$1,094,055$54,000$27,000iApproximate average salary by contribution assumption: employee only about $675,000 at 4% or $450,000 at 6%; with 50% employer match about $450,000 at 4% or $300,000 at 6%; with 100% employer match about $337,500 at 4% or $225,000 at 6%.
Challenge News Profit Sharing Plan-2$1,094,055$54,000$27,000iApproximate average salary by contribution assumption: employee only about $675,000 at 4% or $450,000 at 6%; with 50% employer match about $450,000 at 4% or $300,000 at 6%; with 100% employer match about $337,500 at 4% or $225,000 at 6%.
201613$951,519$53,000$17,667iApproximate average salary by contribution assumption: employee only about $441,667 at 4% or $294,444 at 6%; with 50% employer match about $294,444 at 4% or $196,296 at 6%; with 100% employer match about $220,833 at 4% or $147,222 at 6%.
Challenge News Profit Sharing Plan-3$951,519$53,000$17,667iApproximate average salary by contribution assumption: employee only about $441,667 at 4% or $294,444 at 6%; with 50% employer match about $294,444 at 4% or $196,296 at 6%; with 100% employer match about $220,833 at 4% or $147,222 at 6%.
201513$866,678$19,994$6,665iApproximate average salary by contribution assumption: employee only about $166,617 at 4% or $111,078 at 6%; with 50% employer match about $111,078 at 4% or $74,052 at 6%; with 100% employer match about $83,308 at 4% or $55,539 at 6%.
Challenge News Profit Sharing Plan-3$866,678$19,994$6,665iApproximate average salary by contribution assumption: employee only about $166,617 at 4% or $111,078 at 6%; with 50% employer match about $111,078 at 4% or $74,052 at 6%; with 100% employer match about $83,308 at 4% or $55,539 at 6%.
201413$840,989$19,942$6,647iApproximate average salary by contribution assumption: employee only about $166,183 at 4% or $110,789 at 6%; with 50% employer match about $110,789 at 4% or $73,859 at 6%; with 100% employer match about $83,092 at 4% or $55,394 at 6%.
Challenge News Profit Sharing Plan-3$840,989$19,942$6,647iApproximate average salary by contribution assumption: employee only about $166,183 at 4% or $110,789 at 6%; with 50% employer match about $110,789 at 4% or $73,859 at 6%; with 100% employer match about $83,092 at 4% or $55,394 at 6%.
201313$769,701$27,563$9,188iApproximate average salary by contribution assumption: employee only about $229,692 at 4% or $153,128 at 6%; with 50% employer match about $153,128 at 4% or $102,085 at 6%; with 100% employer match about $114,846 at 4% or $76,564 at 6%.
Challenge News Profit Sharing Plan-3$769,701$27,563$9,188iApproximate average salary by contribution assumption: employee only about $229,692 at 4% or $153,128 at 6%; with 50% employer match about $153,128 at 4% or $102,085 at 6%; with 100% employer match about $114,846 at 4% or $76,564 at 6%.
201212$685,012$16,667$8,334iApproximate average salary by contribution assumption: employee only about $208,338 at 4% or $138,892 at 6%; with 50% employer match about $138,892 at 4% or $92,594 at 6%; with 100% employer match about $104,169 at 4% or $69,446 at 6%.
Challenge News Profit Sharing Plan-2$685,012$16,667$8,334iApproximate average salary by contribution assumption: employee only about $208,338 at 4% or $138,892 at 6%; with 50% employer match about $138,892 at 4% or $92,594 at 6%; with 100% employer match about $104,169 at 4% or $69,446 at 6%.
201112$616,377$20,270$10,135iApproximate average salary by contribution assumption: employee only about $253,375 at 4% or $168,917 at 6%; with 50% employer match about $168,917 at 4% or $112,611 at 6%; with 100% employer match about $126,688 at 4% or $84,458 at 6%.
Challenge News Profit Sharing Plan-2$616,377$20,270$10,135iApproximate average salary by contribution assumption: employee only about $253,375 at 4% or $168,917 at 6%; with 50% employer match about $168,917 at 4% or $112,611 at 6%; with 100% employer match about $126,688 at 4% or $84,458 at 6%.
201012$587,788$27,137$13,569iApproximate average salary by contribution assumption: employee only about $339,213 at 4% or $226,142 at 6%; with 50% employer match about $226,142 at 4% or $150,761 at 6%; with 100% employer match about $169,606 at 4% or $113,071 at 6%.
Challenge News Profit Sharing Plan-2$587,788$27,137$13,569iApproximate average salary by contribution assumption: employee only about $339,213 at 4% or $226,142 at 6%; with 50% employer match about $226,142 at 4% or $150,761 at 6%; with 100% employer match about $169,606 at 4% or $113,071 at 6%.
200913$561,324$31,598$10,533iApproximate average salary by contribution assumption: employee only about $263,317 at 4% or $175,544 at 6%; with 50% employer match about $175,544 at 4% or $117,030 at 6%; with 100% employer match about $131,658 at 4% or $87,772 at 6%.
Challenge News Profit Sharing Plan-3$561,324$31,598$10,533iApproximate average salary by contribution assumption: employee only about $263,317 at 4% or $175,544 at 6%; with 50% employer match about $175,544 at 4% or $117,030 at 6%; with 100% employer match about $131,658 at 4% or $87,772 at 6%.
200812$0$0-
Challenge News Profit Sharing Plan-2---
200712$0$0-
Challenge News Profit Sharing Plan-2---
200612$579,902$41,545$20,773iApproximate average salary by contribution assumption: employee only about $519,313 at 4% or $346,208 at 6%; with 50% employer match about $346,208 at 4% or $230,806 at 6%; with 100% employer match about $259,656 at 4% or $173,104 at 6%.
Challenge News Profit Sharing Plan-2$579,902$41,545$20,773iApproximate average salary by contribution assumption: employee only about $519,313 at 4% or $346,208 at 6%; with 50% employer match about $346,208 at 4% or $230,806 at 6%; with 100% employer match about $259,656 at 4% or $173,104 at 6%.
200512$454,282$34,890$17,445iApproximate average salary by contribution assumption: employee only about $436,125 at 4% or $290,750 at 6%; with 50% employer match about $290,750 at 4% or $193,833 at 6%; with 100% employer match about $218,063 at 4% or $145,375 at 6%.
Challenge News Profit Sharing Plan-2$454,282$34,890$17,445iApproximate average salary by contribution assumption: employee only about $436,125 at 4% or $290,750 at 6%; with 50% employer match about $290,750 at 4% or $193,833 at 6%; with 100% employer match about $218,063 at 4% or $145,375 at 6%.
200411$395,915$41,000$41,000iApproximate average salary by contribution assumption: employee only about $1,025,000 at 4% or $683,333 at 6%; with 50% employer match about $683,333 at 4% or $455,556 at 6%; with 100% employer match about $512,500 at 4% or $341,667 at 6%.
Challenge News Profit Sharing Plan-1$395,915$41,000$41,000iApproximate average salary by contribution assumption: employee only about $1,025,000 at 4% or $683,333 at 6%; with 50% employer match about $683,333 at 4% or $455,556 at 6%; with 100% employer match about $512,500 at 4% or $341,667 at 6%.
200311$319,035$43,116$43,116iApproximate average salary by contribution assumption: employee only about $1,077,900 at 4% or $718,600 at 6%; with 50% employer match about $718,600 at 4% or $479,067 at 6%; with 100% employer match about $538,950 at 4% or $359,300 at 6%.
Challenge News Profit Sharing Plan-1$319,035$43,116$43,116iApproximate average salary by contribution assumption: employee only about $1,077,900 at 4% or $718,600 at 6%; with 50% employer match about $718,600 at 4% or $479,067 at 6%; with 100% employer match about $538,950 at 4% or $359,300 at 6%.
200212$221,870$45,852$22,926iApproximate average salary by contribution assumption: employee only about $573,150 at 4% or $382,100 at 6%; with 50% employer match about $382,100 at 4% or $254,733 at 6%; with 100% employer match about $286,575 at 4% or $191,050 at 6%.
Challenge News Profit Sharing Plan-2$221,870$45,852$22,926iApproximate average salary by contribution assumption: employee only about $573,150 at 4% or $382,100 at 6%; with 50% employer match about $382,100 at 4% or $254,733 at 6%; with 100% employer match about $286,575 at 4% or $191,050 at 6%.
200011$0$0-
Challenge News Profit Sharing Plan-1---
199912$203,700$23,238$11,619iApproximate average salary by contribution assumption: employee only about $290,475 at 4% or $193,650 at 6%; with 50% employer match about $193,650 at 4% or $129,100 at 6%; with 100% employer match about $145,238 at 4% or $96,825 at 6%.
Challenge News Profit Sharing Plan-2$203,700$23,238$11,619iApproximate average salary by contribution assumption: employee only about $290,475 at 4% or $193,650 at 6%; with 50% employer match about $193,650 at 4% or $129,100 at 6%; with 100% employer match about $145,238 at 4% or $96,825 at 6%.
Macgraphics Design Group/Challenge News | EIN 77-0311611 | 2023 Form 5500 Company Profile