401(k) · DOL Form 5500 · 2022

Covalent Group, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
199
Participants Below avg headcount
62nd
Percentile by assets National rank
$43,332
Avg per participant Low balance/head
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Official DOL plan name: Covalent Group 401(k) Plan · Sponsored by Covalent Group, Inc. · Utah · Retail Trade

$9M in assets, 199 participants

Covalent Group, Inc.'s Covalent Group 401(k) Plan reported $9M in total assets and 199 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.

  • #6,910 in Retail Trade (9,519 peers)

Coverage in Utah

Covalent Group 401(k) Plan covers 199 participants in Utah, about 34% of the average Utah filer (state average ~592 per filing). Assets: $9M.

#6,910
in Retail Trade (9,519 peers)
$2M
reported net income

Covalent Group 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Covalent Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$8,623,109 Top 38% higher than 62% of 139,123 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 2022

Covalent Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covalent Group 401(k) Plan sits mid-pack in the medium band (199 participants).

Plan-year Form 5500 strip

Filing strip 832556861 · Covalent Group, Inc. PY 2022 · 401(k)

Covalent Group 401(k) Plan · $9M · 199 · 62nd

  • RANK $9M
  • RANK 199
  • RANK 62nd
  • RANK 401(k)
  • RANK near Family & Nursing Care, Inc. 401(k) Plan
  • RANK ind #6910

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 Retail Trade retirement plans → · Plans in Utah →

Covalent Group 401(k) Plan in the asset neighbourhood

Covalent Group 401(k) Plan$9MFamily & Nursing Care, Inc. 401(k) PlanFamily & Nursing Care, Inc. …$9MSentrics 401(k) Plan$9MTerra Vista Management, Inc. 401(k) Profit Sharing PlanTerra Vista Management, Inc.…$9MRec Room Inc. 401(k) Plan$9M
End-of-year total assets ($M) among Covalent Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN832556861
Plan Effective Date2022-06-07
Filing StatusFILING RECEIVED

Sponsor Plan History (Covalent Group, Inc.)

Sponsor-wide plan assets over time

All Covalent Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 177.45080109737683% vs 2022
2024 filing year
$5M$10M$15M$20M$25M$30M 202220232024 $8.62M $23.9M ▲ +177.5%
Year Plans Participants Total Assets
2022 1 199 $9M
2023 1 604 $16M
2024 1 558 $24M

Nearby 401(k) Plans in Utah

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

Covalent Group 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Covalent Group 401(k) Plan, Total assets ($B): 0.008623109 · Participants: 199Covalent Group 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment Plan
Covalent Group 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

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

Outside Utah, the nearest 401(k) by assets is Family & Nursing Care, Inc. 401(k) Plan in MD ($9M); by covered participants it is Retirement 401(k) Plan in IL (199 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (199 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How have Covalent Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Covalent Group, Inc.'s sponsor-wide assets grew 177.5%, from $9M to $24M.
Which 401(k) plans are similar in size to Covalent Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Family & Nursing Care, Inc. 401(k) Plan in MD ($9M, 701 participants).
Which 401(k) plans cover a similar participant headcount to Covalent Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Retirement 401(k) Plan in IL (199 participants, N/A in assets).