401(k) · DOL Form 5500 · 2023

Covenant Aviation Security, LLC 401(k) Plan

Data updated 2026-08-11

$94M
Total assets: 1,771
Participants: 91st
Percentile by assets: $53,246
Avg per participant

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.

91st percentile by assets (of 127,072 plans)
#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.

$94M
total plan assets (2023 EOY): 1,771
covered participants: 91st
percentile by assets (of 127,072 plans): $53,246
avg assets per participant

Where Covenant Retirement Plan sits 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

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 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 →

State

Illinois

Industry

Administrative & Support Services

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Covenant Retirement Plan reports 1,771 participants - 2.3x that state average ($94M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$77M
Net Assets (End of Year)	$94M
Net Income	$17M
Employer EIN	352161799
Plan Effective Date	1995-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Covenant Aviation Security, LLC)

Total plan assets by year, all Covenant Aviation Security, LLC plans on file

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

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare Covenant Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Covenant Retirement Plan by total assets, not by location.

Cpm Acquisition Corp. 401(k) Retirement Plan (IA) $94M · 732
Ohl N.a. 401(k) Plan (NY) $94M · 848
Datalogic 401(k) Plan (OR) $94M · 459
Northern Tool & Equipment Company, Inc. 401(k) Plan (MN) $94M · 3,255

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).

Next read for Covenant Retirement Plan

Filing takeaways

Ways to act on Covenant Retirement Plan's numbers.

By total assets, Covenant Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
Covenant Aviation Security, LLC's sponsor-wide assets have grown 39.7% since 2022 across 3 plan years on file. More Administrative & Support Services plans

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.