401(k) · DOL Form 5500 · 2023

Covington & Burling LLP 401(k) Plan

Data updated 2026-08-06

$1.5B
Total assets
2,056
Participants
99th
Percentile by assets
$726,920
Avg per participant
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Official DOL plan name: Covington & Burling Retirement Savings Plan · Sponsored by Covington & Burling LLP · District of Columbia · Professional & Technical Services

$1.5B in assets, 2,056 participants

Covington & Burling LLP's Covington & Burling Retirement Savings Plan reported $1.5B in total assets and 2,056 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 126,618 plans)
  • #20,155 in Professional & Technical Services (20,271 peers)

Where Covington & Burling Retirement Savings Plan sits by assets

Covington & Burling Retirement Savings Plan sits among the largest 1% of all filed plans, $1.5B for 2,056 participants (~$726,920/participant), up 20.7% in 2023.

$1.5B
total plan assets (2023 EOY)
2,056
covered participants
99th
percentile by assets (of 126,618 plans)
$726,920
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covington & Burling Retirement Savings Plan reported net income rose from -$243M in the plan year 2022 filing to $256M in the plan year 2023 filing.
  • Covington & Burling Retirement Savings Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • Covington & Burling Retirement Savings Plan reported participants rose from 1,993 in the plan year 2022 filing to 2,056 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Covington & Burling Retirement Savings Plan vs the 2023 asset distribution

By assets, Covington & Burling Retirement Savings Plan outranks 99% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 15x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.5B
Net Income$256M
Employer EIN530188411
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covington & Burling LLP)

$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.34B $1.89B ▲ +41.0%
Total plan assets by year, all Covington & Burling LLP plans on file
Year Plans Participants Total Assets
2022 2 2,287 $1.3B
2023 2 2,352 $1.7B
2024 2 2,446 $1.9B

Nearby 401(k) Plans in District of Columbia

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

Covington & Burling Retirement Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

Covington & Burling Retirement Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 1234567 Total assets ($B) Participants Covington & Burling …Danaher Corporation …Geico 401(k) Savings…Federal National Mor…Finra Savings Plus P…Hogan Lovells US LLP…
Covington & Burling Retirement Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Covington & Burling Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Covington & Burling Retirement Savings Plan assets move in 2023?
Covington & Burling Retirement Savings Plan grew sharply - up 20.7% during 2023, from $1.2B to $1.5B. Reported net income was $256M.
How have Covington & Burling LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Covington & Burling LLP's sponsor-wide assets grew 41.2%, from $1.3B to $1.9B.
Where does Covington & Burling Retirement Savings Plan rank by assets among Form 5500 filers?
Covington & Burling Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Covington & Burling Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Brown & Brown, Inc Employee Savings Plan in FL ($1.5B, 11,978 participants).

Scale reading

Ways to act on Covington & Burling Retirement Savings Plan's numbers.