401(k) · DOL Form 5500 · 2023

Covaris LLC 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
137
Participants Small participant base
65th
Percentile by assets National rank
$100,310
Avg per participant Below avg balance/head
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Official DOL plan name: Covaris LLC 401(k) Profit Sharing Plan & Trust · Sponsored by Covaris LLC · Massachusetts · Professional & Technical Services

$14M in assets, 137 participants

Covaris LLC's Covaris LLC 401(k) Profit Sharing Plan & Trust reported $14M in total assets and 137 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #13,136 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Covaris LLC 401(k) Profit Sharing Plan & Trust covers 137 participants in Massachusetts, about 21% of the average Massachusetts filer (state average ~659 per filing). Assets: $14M.

#13,136
in Professional & Technical Services (20,321 peers)
+28.6%
assets growth YoY

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 2023 · DOL Form 5500

$13,742,451 Top 35% higher than 65% of 127,068 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 2023

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

Plan-year 2023 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 (137 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covaris LLC 401(k) Profit Sharing Plan & Trust reported net income rose from -$578K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Covaris LLC 401(k) Profit Sharing Plan & Trust reported participants rose from 103 in the plan year 2022 filing to 137 in the plan year 2023 filing.
  • Covaris LLC 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $11M in the plan year 2022 filing to $14M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 043468219 · Covaris LLC PY 2023 · 401(k)

Covaris LLC 401(k) Profit Sharing Plan & Trust · $14M · 137 · 65th

  • RANK $14M
  • PHOTO 137
  • IND 65th
  • EOY 401(k)
  • 5500 near Soderstrom Dermatology Center S.C. 401(k) Plan and Trust
  • ASSETS ind #13136

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…$14MSoderstrom Dermatology Center S.C. 401(k) Plan and TrustSoderstrom Dermatology Cente…$14MSouth Florida Surgical Special 401(k) Profit Sharing Plan & TrustSouth Florida Surgical Speci…$14MWindigo Logistics Fountain Union Employees 401(k) PlanWindigo Logistics Fountain U…$14MUnited Mechanical, Inc. 401(k) Retirement PlanUnited Mechanical, Inc. 401(…$14M
End-of-year total assets ($M) among Covaris LLC 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$3M
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. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Covaris LLC 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.013742451 · Participants: 137Covaris LLC 401(k) Profit Sharing Plan & TrustFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) 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 Soderstrom Dermatology Center S.C. 401(k) Plan and Trust in IL ($14M); by covered participants it is Valley Perinatal Services in AZ (137 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (137 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Covaris LLC 401(k) Profit Sharing Plan & Trust grew sharply - up 28.6% during 2023, from $11M to $14M. Reported net income was $3M.
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 Soderstrom Dermatology Center S.C. 401(k) Plan and Trust in IL ($14M, 216 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 Valley Perinatal Services in AZ (137 participants, $2M in assets).

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 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.