401(k) · DOL Form 5500 · 2023

Covetrus, Inc. 401(k) Plan

Data updated 2026-08-11

$275M
Total assets
2,940
Participants
96th
Percentile by assets
$93,450
Avg per participant
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Official DOL plan name: Covetrus 401(k) Retirement Savings Plan · Sponsored by Covetrus, Inc. · Ohio · Wholesale Trade

$275M in assets, 2,940 participants

Covetrus, Inc.'s Covetrus 401(k) Retirement Savings Plan reported $275M in total assets and 2,940 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #6,124 in Wholesale Trade (6,309 peers)

Coverage in Ohio

Covetrus 401(k) Retirement Savings Plan covers 2,940 participants in Ohio, 3.8x the typical Ohio plan (state average ~765 per filing). Assets: $275M.

$275M
total plan assets (2023 EOY)
2,940
covered participants
96th
percentile by assets (of 127,072 plans)
$93,450
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covetrus 401(k) Retirement Savings Plan reported net income rose from -$62M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Covetrus 401(k) Retirement Savings Plan end-of-year assets rose from $233M in the plan year 2022 filing to $275M in the plan year 2023 filing.
  • Covetrus 401(k) Retirement Savings Plan reported participants rose from 2,817 in the plan year 2022 filing to 2,940 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Covetrus 401(k) Retirement Savings Plan reports 2,940 participants - 3.8x that state average ($275M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$233M
Net Assets (End of Year)$275M
Net Income$42M
Employer EIN831448706
Plan Effective Date1993-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covetrus, Inc.)

$220M$240M$260M$280M$300M 202220232024 $233M $290M ▲ +24.4%
Total plan assets by year, all Covetrus, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,817 $233M
2023 1 2,940 $275M
2024 1 2,977 $290M

Nearby 401(k) Plans in Ohio

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

Covetrus 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Covetrus 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Covetrus 401(k) Reti…GE Retirement Saving…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…
Covetrus 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Covetrus 401(k) Retirement Savings Plan assets move in 2023?
Covetrus 401(k) Retirement Savings Plan grew sharply - up 18.0% during 2023, from $233M to $275M. Reported net income was $42M.
How have Covetrus, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Covetrus, Inc.'s sponsor-wide assets grew 24.4%, from $233M to $290M.
Where does Covetrus 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Covetrus 401(k) Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Covetrus 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Spectris Group Safe Harbor 401(k) Retirement Plan in MA ($275M, 2,062 participants).

Next read for Covetrus 401(k) Retirement Savings Plan

Filing takeaways

Ways to act on Covetrus 401(k) Retirement Savings Plan's numbers.