401(k) · DOL Form 5500 · 2023

Covenant Aviation Security, LLC 401(k) Plan

Data updated 2026-08-25

$94M
Total assets Below avg plan size
1,771
Participants Near avg headcount
91st
Percentile by assets National rank
$53,246
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Covenant Retirement Plan · Sponsored by Covenant Aviation Security, LLC · Illinois · Administrative & Support Services

$94M in assets, 1,771 participants

Covenant Aviation Security, LLC's Covenant Retirement Plan reported $94M in total assets and 1,771 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #4,189 in Administrative & Support Services (4,372 peers)

Coverage in Illinois

Covenant Retirement Plan covers 1,771 participants in Illinois, 2.3x the typical Illinois plan (state average ~779 per filing). Assets: $94M.

#4,189
in Administrative & Support Services (4,372 peers)
+21.9%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Covenant Retirement Plan's outsized position by total assets

Covenant Retirement Plan vs every filed plan by assets

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

$94,298,991 Top 9% higher than 91% 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

Covenant Retirement Plan'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. Covenant Retirement Plan lands in the large band (1,771 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covenant Retirement Plan reported net income rose from -$15M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Covenant Retirement Plan reported participants rose from 1,452 in the plan year 2022 filing to 1,771 in the plan year 2023 filing.
  • Covenant Retirement Plan end-of-year assets rose from $77M in the plan year 2022 filing to $94M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 352161799 · Covenant Aviation Security, LLC PY 2023 · 401(k)

Covenant Retirement Plan · $94M · 1,771 · 91st

  • PHOTO $94M
  • IND 1,771
  • EOY 91st
  • 5500 401(k)
  • ASSETS near Cpm Acquisition Corp. 401(k) Retirement Plan
  • PCT ind #4189

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 Administrative & Support Services retirement plans → · Plans in Illinois →

Covenant Retirement Plan in the asset neighbourhood

Covenant Retirement Plan$94MCpm Acquisition Corp. 401(k) Retirement PlanCpm Acquisition Corp. 401(k)…$94MOhl N.a. 401(k) Plan$94MDatalogic 401(k) Plan$94MNorthern Tool & Equipment Company, Inc. 401(k) PlanNorthern Tool & Equipment Co…$94M
End-of-year total assets ($M) among Covenant Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$94M
Net Income$17M
Employer EIN352161799
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covenant Aviation Security, LLC)

Sponsor-wide plan assets over time

All Covenant Aviation Security, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$108M 39.741637402634595% vs 2022
2024 filing year
$70M$80M$90M$100M$110M$120M 202220232024 $77.4M $108M ▲ +39.8%
Year Plans Participants Total Assets
2022 1 1,452 $77M
2023 1 1,771 $94M
2024 1 1,915 $108M

Nearby 401(k) Plans in Illinois

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

Covenant Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Covenant Retirement Plan, Total assets ($B): 0.094298991 · Participants: 1771Covenant Retirement PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Covenant Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Covenant Retirement Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Cpm Acquisition Corp. 401(k) Retirement Plan in IA ($94M); by covered participants it is Acme Brick Company 401(k) Retirement & Savings Plan in TX (1,771 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($94M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,771 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 Covenant Retirement Plan assets move in 2023? ▼
Covenant Retirement Plan grew sharply - up 21.9% during 2023, from $77M to $94M. Reported net income was $17M.
How have Covenant Aviation Security, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covenant Aviation Security, LLC's sponsor-wide assets grew 39.7%, from $77M to $108M.
Where does Covenant Retirement Plan rank by assets among Form 5500 filers? ▼
Covenant Retirement Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Covenant Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cpm Acquisition Corp. 401(k) Retirement Plan in IA ($94M, 732 participants).
Which 401(k) plans cover a similar participant headcount to Covenant Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Acme Brick Company 401(k) Retirement & Savings Plan in TX (1,771 participants, $128M 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 352161799.

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.