401(k) · DOL Form 5500 · 2023

The Covenant School 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
143
Participants Small participant base
39th
Percentile by assets National rank
$26,594
Avg per participant Low balance/head
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Official DOL plan name: The Covenant School 401(k) Plan · Sponsored by The Covenant School · Virginia · Other Services

$4M in assets, 143 participants

The Covenant School's The Covenant School 401(k) Plan reported $4M in total assets and 143 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.

  • #4,908 in Other Services (7,857 peers)

Coverage in Virginia

The Covenant School 401(k) Plan covers 143 participants in Virginia, about 18% of the average Virginia filer (state average ~782 per filing). Assets: $4M.

#4,908
in Other Services (7,857 peers)
+25.2%
assets growth YoY

The Covenant School 401(k) Plan's mid-pack asset rank among Other Services and all filers

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,802,945 39th percentile higher than 39% 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

The Covenant School 401(k) Plan 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. The Covenant School 401(k) Plan sits mid-pack in the medium band (143 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Covenant School 401(k) Plan reported net income rose from -$633K in the plan year 2022 filing to $766K in the plan year 2023 filing.
  • The Covenant School 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • The Covenant School 401(k) Plan reported participants rose from 128 in the plan year 2022 filing to 143 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 541274746 · The Covenant School PY 2023 · 401(k)

The Covenant School 401(k) Plan · $4M · 143 · 39th

  • TYPE $4M
  • NET 143
  • BOOK 39th
  • VS-ST 401(k)
  • BOY near Kairos Transportation, Inc. 401(k) Plan
  • SCH ind #4908

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 Other Services retirement plans → · Plans in Virginia →

The Covenant School 401(k) Plan in the asset neighbourhood

The Covenant School 401(k) PlanThe Covenant School 401(k) P…$4MKairos Transportation, Inc. 401(k) PlanKairos Transportation, Inc. …$4MMountain Community Health Partnership Inc. 401(k) PlanMountain Community Health Pa…$4MThinkinternational, LLC 401(k) PlanThinkinternational, LLC 401(…$4MPacific View Lodging Inc. Retirement PlanPacific View Lodging Inc. Re…$4M
End-of-year total assets ($M) among The Covenant School 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$766K
Employer EIN541274746
Plan Effective Date2006-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Covenant School)

Sponsor-wide plan assets over time

All The Covenant School plans reported in each filing year

Latest sponsor-wide plan assets
$5M 54.57462114103792% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M$5M 202220232024 $3.04M $4.7M ▲ +54.6%
Year Plans Participants Total Assets
2022 1 128 $3M
2023 1 143 $4M
2024 1 141 $5M

Nearby 401(k) Plans in Virginia

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

The Covenant School 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants The Covenant School 401(k) Plan, Total assets ($B): 0.003802945 · Participants: 143The Covenant School 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
The Covenant School 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is Kairos Transportation, Inc. 401(k) Plan in TX ($4M); by covered participants it is Precision International Automotive Products Inc. 401 (K) Plan in NY (143 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (143 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 The Covenant School 401(k) Plan assets move in 2023?
The Covenant School 401(k) Plan grew sharply - up 25.2% during 2023, from $3M to $4M. Reported net income was $766K.
How have The Covenant School plan assets changed over time?
Across 3 plan years on file (2022-2024), The Covenant School's sponsor-wide assets grew 54.6%, from $3M to $5M.
Which 401(k) plans are similar in size to The Covenant School 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Kairos Transportation, Inc. 401(k) Plan in TX ($4M, 24 participants).
Which 401(k) plans cover a similar participant headcount to The Covenant School 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Precision International Automotive Products Inc. 401 (K) Plan in NY (143 participants, $27M in assets).