401(k) · DOL Form 5500 · 2023

Covoro Mining Solutions LLC 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
189
Participants Below avg headcount
77th
Percentile by assets National rank
$133,435
Avg per participant Near avg balance/head
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Official DOL plan name: Covoro Mining Solutions 401(k) Plan · Sponsored by Covoro Mining Solutions LLC · Tennessee · Mining & Oil Extraction

$25M in assets, 189 participants

Covoro Mining Solutions LLC's Covoro Mining Solutions 401(k) Plan reported $25M in total assets and 189 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #493 in Mining & Oil Extraction (811 peers)

Coverage in Tennessee

Covoro Mining Solutions 401(k) Plan covers 189 participants in Tennessee, about 17% of the average Tennessee filer (state average ~1,126 per filing). Assets: $25M.

#493
in Mining & Oil Extraction (811 peers)
+23.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Covoro Mining Solutions 401(k) Plan's outsized position by total assets

Covoro Mining Solutions 401(k) Plan vs every filed plan by assets

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

$25,219,190 Top 23% higher than 77% 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

Covoro Mining Solutions 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. Covoro Mining Solutions 401(k) Plan sits mid-pack in the medium band (189 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covoro Mining Solutions 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Covoro Mining Solutions 401(k) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Covoro Mining Solutions 401(k) Plan reported participants rose from 163 in the plan year 2022 filing to 189 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 873556444 · Covoro Mining Solutions LLC PY 2023 · 401(k)

Covoro Mining Solutions 401(k) Plan · $25M · 189 · 77th

  • RANK $25M
  • PHOTO 189
  • IND 77th
  • EOY 401(k)
  • 5500 near The Philadelphia Zoo 401(k) Retirement Savings Plan
  • ASSETS ind #493

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 Mining & Oil Extraction retirement plans → · Plans in Tennessee →

Covoro Mining Solutions 401(k) Plan in the asset neighbourhood

Covoro Mining Solutions 401(k) PlanCovoro Mining Solutions 401(…$25MThe Philadelphia Zoo 401(k) Retirement Savings PlanThe Philadelphia Zoo 401(k) …$25MManchester Tank & Equipment Co. 401(k) PlanManchester Tank & Equipment …$25MThe Employer Group Retirement Savings PlanThe Employer Group Retiremen…$25MFarm Journal, Inc. 401(k) Savings PlanFarm Journal, Inc. 401(k) Sa…$25M
End-of-year total assets ($M) among Covoro Mining Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$25M
Net Income$5M
Employer EIN873556444
Plan Effective Date2015-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covoro Mining Solutions LLC)

Sponsor-wide plan assets over time

All Covoro Mining Solutions LLC plans reported in each filing year

Latest sponsor-wide plan assets
$28M 35.68943696895041% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $20.4M $27.7M ▲ +35.7%
Year Plans Participants Total Assets
2022 1 163 $20M
2023 1 189 $25M
2024 1 196 $28M

Nearby 401(k) Plans in Tennessee

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

Covoro Mining Solutions 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Covoro Mining Solutions 401(k) Plan, Total assets ($B): 0.02521919 · Participants: 189Covoro Mining Solutions 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Covoro Mining Solutions 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Covoro Mining Solutions 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is The Philadelphia Zoo 401(k) Retirement Savings Plan in PA ($25M); by covered participants it is Physician's Medical Center, LLC 401(k) Plan in TX (189 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (189 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 Covoro Mining Solutions 401(k) Plan assets move in 2023?
Covoro Mining Solutions 401(k) Plan grew sharply - up 23.7% during 2023, from $20M to $25M. Reported net income was $5M.
How have Covoro Mining Solutions LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Covoro Mining Solutions LLC's sponsor-wide assets grew 35.7%, from $20M to $28M.
Where does Covoro Mining Solutions 401(k) Plan rank by assets among Form 5500 filers?
Covoro Mining Solutions 401(k) Plan ranks in the 77th 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 Covoro Mining Solutions 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Philadelphia Zoo 401(k) Retirement Savings Plan in PA ($25M, 179 participants).
Which 401(k) plans cover a similar participant headcount to Covoro Mining Solutions 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Physician's Medical Center, LLC 401(k) Plan in TX (189 participants, N/A in assets).