401(k) · DOL Form 5500 · 2022

Covaris LLC 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
103
Participants Small participant base
66th
Percentile by assets National rank
$103,718
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Covaris LLC 401(k) Profit Sharing Plan & Trust · Sponsored by Covaris LLC · Massachusetts · Professional & Technical Services

$11M in assets, 103 participants

Covaris LLC's Covaris LLC 401(k) Profit Sharing Plan & Trust reported $11M in total assets and 103 participants in its 2022 DOL Form 5500 filing, ranking in the 66th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #14,056 in Professional & Technical Services (21,562 peers)

Coverage in Massachusetts

Covaris LLC 401(k) Profit Sharing Plan & Trust covers 103 participants in Massachusetts, about 16% of the average Massachusetts filer (state average ~659 per filing). Assets: $11M.

#14,056
in Professional & Technical Services (21,562 peers)
-5.1%
assets change YoY

The plan reported a net loss of $578K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Covaris LLC 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Professional & Technical Services and all filers

Covaris LLC 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$10,682,919 Top 34% higher than 66% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Covaris LLC 401(k) Profit Sharing Plan & Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covaris LLC 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (103 participants).

Plan-year Form 5500 strip

Filing strip 043468219 · Covaris LLC PY 2022 · 401(k)

Covaris LLC 401(k) Profit Sharing Plan & Trust · $11M · 103 · 66th

  • IND $11M
  • IND 103
  • IND 66th
  • IND 401(k)
  • IND near Mechanics Bank 401(k) Profit Sharing Plan & Trust
  • IND ind #14056

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Massachusetts →

Covaris LLC 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Covaris LLC 401(k) Profit Sharing Plan & TrustCovaris LLC 401(k) Profit Sh…$11MMechanics Bank 401(k) Profit Sharing Plan & TrustMechanics Bank 401(k) Profit…$11MBaldwin & Shell Construction Co. 401(k) PlanBaldwin & Shell Construction…$11MLinden Optometry Apc and 20/20 Administrative Services Inc 401(k) Retirement PlanLinden Optometry Apc and 20/…$11MBasin Holdings LLC Retirement PlanBasin Holdings LLC Retiremen…$11M
End-of-year total assets ($M) among Covaris LLC 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income-$578K
Employer EIN043468219
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covaris LLC)

Sponsor-wide plan assets over time

All Covaris LLC plans reported in each filing year

Latest sponsor-wide plan assets
$14M 28.639475783725405% vs 2022
2023 filing year
$10M$11M$12M$13M$14M$15M 20222023 $10.7M $13.7M ▲ +28.7%
Year Plans Participants Total Assets
2022 1 103 $11M
2023 1 137 $14M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Covaris LLC 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Covaris LLC 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.010682919 · Participants: 103Covaris LLC 401(k) Profit Sharing Plan & TrustFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Covaris LLC 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Covaris LLC 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Covaris LLC 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Mechanics Bank 401(k) Profit Sharing Plan & Trust in OH ($11M); by covered participants it is Widen Enterprises LLC in WI (103 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (103 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Covaris LLC 401(k) Profit Sharing Plan & Trust assets move in 2022? ▼
Covaris LLC 401(k) Profit Sharing Plan & Trust pulled back noticeably - down 5.1% during 2022, from $11M to $11M. Reported net income was -$578K.
How have Covaris LLC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Covaris LLC's sponsor-wide assets grew 28.6%, from $11M to $14M.
Which 401(k) plans are similar in size to Covaris LLC 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Mechanics Bank 401(k) Profit Sharing Plan & Trust in OH ($11M, 144 participants).
Which 401(k) plans cover a similar participant headcount to Covaris LLC 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Widen Enterprises LLC in WI (103 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043468219.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.