401(k) · DOL Form 5500 · 2022

Covenant Care California, LLC 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
4,346
Participants Above avg headcount
90th
Percentile by assets National rank
$15,224
Avg per participant Low balance/head
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Official DOL plan name: Covenant Care 401(k) Plan · Sponsored by Covenant Care California, LLC · California · Healthcare & Social Assistance

$66M in assets, 4,346 participants

Covenant Care California, LLC's Covenant Care 401(k) Plan reported $66M in total assets and 4,346 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #18,368 in Healthcare & Social Assistance (20,060 peers)

Coverage in California

Covenant Care 401(k) Plan covers 4,346 participants in California, 6.9x the typical California plan (state average ~630 per filing). Assets: $66M.

#18,368
in Healthcare & Social Assistance (20,060 peers)
-20.5%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Covenant Care 401(k) Plan's outsized position by total assets

Covenant Care 401(k) Plan vs every filed plan by assets

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

$66,163,069 Top 10% higher than 90% 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

Covenant Care 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covenant Care 401(k) Plan lands in the large band (4,346 participants).

Published 5500 schedule card

Filing strip 330631540 · Covenant Care California, LLC PY 2022 · 401(k)

Covenant Care 401(k) Plan · $66M · 4,346 · 90th

  • RANK $66M
  • PHOTO 4,346
  • IND 90th
  • EOY 401(k)
  • 5500 near Urology Healthcare Group, Inc. 401(k)/Profit Sharing Plan
  • ASSETS ind #18368

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 Healthcare & Social Assistance retirement plans → · Plans in California →

Covenant Care 401(k) Plan in the asset neighbourhood

Krause Group 401(k) Plan$66MUrology Healthcare Group, Inc. 401(k)/Profit Sharing PlanUrology Healthcare Group, In…$66MCovenant Care 401(k) Plan$66MHbt Financial, Inc. Employees Profit Sharing TrustHbt Financial, Inc. Employee…$66MKendall Hunt Retirement Plan$66M
End-of-year total assets ($M) among Covenant Care 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$83M
Net Assets (End of Year)$66M
Net Income-$17M
Employer EIN330631540
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covenant Care California, LLC)

Sponsor-wide plan assets over time

All Covenant Care California, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$73M 11.052322860053545% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.2M $73.5M ▲ +11.1%
Year Plans Participants Total Assets
2022 1 4,346 $66M
2023 1 4,439 $75M
2024 1 4,295 $73M

Nearby 401(k) Plans in California

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

Covenant Care 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Covenant Care 401(k) Plan, Total assets ($B): 0.066163069 · Participants: 4346Covenant Care 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Covenant Care 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Covenant Care 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Urology Healthcare Group, Inc. 401(k)/Profit Sharing Plan in TN ($66M); by covered participants it is Chemours Company Retirement Savings Plan in DE (4,346 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($66M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,346 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 Covenant Care 401(k) Plan assets move in 2022?
Covenant Care 401(k) Plan declined sharply - down 20.5% during 2022, from $83M to $66M. Reported net income was -$17M.
How have Covenant Care California, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Covenant Care California, LLC's sponsor-wide assets grew 11.1%, from $66M to $73M.
Where does Covenant Care 401(k) Plan rank by assets among Form 5500 filers?
Covenant Care 401(k) Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Covenant Care 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Urology Healthcare Group, Inc. 401(k)/Profit Sharing Plan in TN ($66M, 360 participants).
Which 401(k) plans cover a similar participant headcount to Covenant Care 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Chemours Company Retirement Savings Plan in DE (4,346 participants, $738M in assets).