Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Covenant College Retirement Plan Defined Contribution

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Covenant College, Inc. · Georgia · Educational Services

What the 2023 filing shows

Covenant College Retirement Plan Defined Contribution holds $35M for 176 participants — about $196,243 per participant, up 8.4% over the 2023 plan year.

$35M
total plan assets (2023 EOY)
176
covered participants
$196,243
avg assets per participant
+8.4%
assets growth YoY
Total Assets (2023)
$35M
Participants
176
State
Industry
Educational Services

What the Filing Says About Covenant College Retirement Plan Defined Contribution

Covenant College Retirement Plan Defined Contribution is a Profit Sharing retirement plan sponsored by Covenant College, Inc., headquartered in Georgia. As of the 2023 Form 5500 filing, the plan reports $35M in total end-of-year assets and covers 176 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 430719506, and the plan has been effective since 1972-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $32M at the beginning of 2023 to $35M at year-end — a gain of 8.4%. Net assets (after liabilities) closed the year at $35M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$32M
Total Assets (End of Year)$35M
Net Assets (End of Year)$35M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN430719506
Plan Effective Date1972-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covenant College, Inc.)

Year Plans Participants Total Assets
2022 1 170 $32M
2023 1 176 $35M
2024 1 190 $38M

Nearby Profit Sharing Plans in Georgia

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Covenant College Retirement Plan Defined Contribution?
As of the 2023 Form 5500 filing, Covenant College Retirement Plan Defined Contribution holds $35M in total assets with 176 participants. It is sponsored by Covenant College, Inc..
What type of plan is Covenant College Retirement Plan Defined Contribution?
Covenant College Retirement Plan Defined Contribution is a Profit Sharing plan. It has been effective since 1972-02-01. The plan is filed with the U.S. Department of Labor under EIN 430719506.
Who sponsors the Covenant College Retirement Plan Defined Contribution?
Covenant College Retirement Plan Defined Contribution is sponsored by Covenant College, Inc., located in Georgia. The sponsor's EIN is 430719506 and the plan operates in the Educational Services industry.
How did Covenant College Retirement Plan Defined Contribution perform in 2023?
Covenant College Retirement Plan Defined Contribution grew by 8.4% during 2023, moving from $32M to $35M in total assets. Net income was $3M.
Where can I find official filings for Covenant College Retirement Plan Defined Contribution?
Official Form 5500 filings for Covenant College Retirement Plan Defined Contribution are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 430719506 or plan name at efast.dol.gov.
How does Covenant College Retirement Plan Defined Contribution compare to other plans?
You can compare Covenant College Retirement Plan Defined Contribution against other Profit Sharing plans on the plan type page, or view plans in Georgia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 430719506.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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