401(k) · DOL Form 5500 · 2023

Covelli Enterprises, Inc. 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
2,511
Participants Above avg headcount
85th
Percentile by assets National rank
$19,823
Avg per participant Low balance/head
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Official DOL plan name: Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Covelli Enterprises, Inc. · Ohio · Food Services & Accommodation

$50M in assets, 2,511 participants

Covelli Enterprises, Inc.'s Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust reported $50M in total assets and 2,511 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #3,681 in Food Services & Accommodation (3,828 peers)

Coverage in Ohio

Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust covers 2,511 participants in Ohio, 3.3x the typical Ohio plan (state average ~765 per filing). Assets: $50M.

#3,681
in Food Services & Accommodation (3,828 peers)
+19.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$49,775,475 Top 15% higher than 85% 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

Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust lands in the large band (2,511 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust reported net income rose from -$9M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $42M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust reported participants fell from 2,656 in the plan year 2022 filing to 2,511 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 341724212 · Covelli Enterprises, Inc. PY 2023 · 401(k)

Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust · $50M · 2,511 · 85th

  • EIN $50M
  • EIN 2,511
  • EIN 85th
  • EIN 401(k)
  • EIN near Unify Consulting LLC 401(k) Profit Sharing Plan & Trust
  • EIN ind #3681

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 Food Services & Accommodation retirement plans → · Plans in Ohio →

Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & TrustCovelli Enterprises, Inc. 40…$50MGap International, Inc. Profit Sharing Plan and TrustGap International, Inc. Prof…$50MUnify Consulting LLC 401(k) Profit Sharing Plan & TrustUnify Consulting LLC 401(k) …$50MUnited Community Bancorp, Inc. 401(k) PlanUnited Community Bancorp, In…$50MSaunders Construction, Inc. 401(k) PlanSaunders Construction, Inc. …$50M
End-of-year total assets ($M) among Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$50M
Net Income$8M
Employer EIN341724212
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covelli Enterprises, Inc.)

Sponsor-wide plan assets over time

All Covelli Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$56M 35.28570559517905% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $41.7M $56.4M ▲ +35.3%
Year Plans Participants Total Assets
2022 1 2,656 $42M
2023 1 2,511 $50M
2024 1 2,243 $56M

Nearby 401(k) Plans in Ohio

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

Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.049775475 · Participants: 2511Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & TrustGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Unify Consulting LLC 401(k) Profit Sharing Plan & Trust in WA ($50M); by covered participants it is Kaiser Aluminum Investments Company Hourly Savings and Investment Plan in TN (2,511 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,511 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 Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust grew sharply - up 19.4% during 2023, from $42M to $50M. Reported net income was $8M.
How have Covelli Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covelli Enterprises, Inc.'s sponsor-wide assets grew 35.3%, from $42M to $56M.
Where does Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Unify Consulting LLC 401(k) Profit Sharing Plan & Trust in WA ($50M, 727 participants).
Which 401(k) plans cover a similar participant headcount to Covelli Enterprises, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Kaiser Aluminum Investments Company Hourly Savings and Investment Plan in TN (2,511 participants, $167M 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 341724212.

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.