Other · DOL Form 5500 · 2023

Covenant Woods Retirement Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
299
Participants Below avg headcount
54th
Percentile by assets National rank
$27,406
Avg per participant Low balance/head
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Official DOL plan name: Covenant Woods 403b Retirement Savings Plan · Sponsored by Covenant Woods · Virginia · Healthcare & Social Assistance

$8M in assets, 299 participants

Covenant Woods's Covenant Woods 403b Retirement Savings Plan reported $8M in total assets and 299 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #10,587 in Healthcare & Social Assistance (17,684 peers)

Coverage in Virginia

Covenant Woods 403b Retirement Savings Plan covers 299 participants in Virginia, about 38% of the average Virginia filer (state average ~782 per filing). Assets: $8M.

#10,587
in Healthcare & Social Assistance (17,684 peers)
+25.0%
assets growth YoY

Covenant Woods 403b Retirement Savings Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Covenant Woods 403b Retirement Savings Plan vs every filed plan by assets

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

$8,194,378 Top 46% higher than 54% 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 Woods 403b Retirement Savings 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. Covenant Woods 403b Retirement Savings Plan sits mid-pack in the medium band (299 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covenant Woods 403b Retirement Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Covenant Woods 403b Retirement Savings Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 540524902 · Covenant Woods PY 2023 · Other

Covenant Woods 403b Retirement Savings Plan · $8M · 299 · 54th

  • SCH $8M
  • SCH 299
  • SCH 54th
  • SCH Other
  • SCH near Council for Professional Recognition 403(b) DC Plan
  • SCH ind #10587

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 Healthcare & Social Assistance retirement plans → · Plans in Virginia →

Covenant Woods 403b Retirement Savings Plan in the asset neighbourhood

Health West, Inc. 403(b) Retirement PlanHealth West, Inc. 403(b) Ret…$8MBashor Children's Home 403(b) PlanBashor Children's Home 403(b…$8MCovenant Woods 403b Retirement Savings PlanCovenant Woods 403b Retireme…$8MCouncil for Professional Recognition 403(b) DC PlanCouncil for Professional Rec…$8MF M G & S P 403(b) Plan$8M
End-of-year total assets ($M) among Covenant Woods 403b Retirement Savings Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN540524902
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covenant Woods)

Sponsor-wide plan assets over time

All Covenant Woods plans reported in each filing year

Latest sponsor-wide plan assets
$10M 59.26875337702503% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $6.56M $10.4M ▲ +59.1%
Year Plans Participants Total Assets
2022 1 299 $7M
2023 1 299 $8M
2024 1 318 $10M

Nearby Other Plans in Virginia

Peer Other plans, same state, same plan type, ranked by total assets.

Covenant Woods 403b Retirement Savings Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Covenant Woods 403b Retirement Savings Plan, Total assets ($B): 0.008194378 · Participants: 299Covenant Woods 403b Retirement Savings PlanSentara 403(b) Savings Plan, Total assets ($B): 3.287712192 · Participants: 25806Sentara 403(b) Savings PlanThe George Washington University Supplemental Retirement Plan, Total assets ($B): 1.530650403 · Participants: 8047The George Washington University Supplemental Retirement PlanInstitute for Defense Analyses Tax Deferred Annuity Plan, Total assets ($B): 0.801043955 · Participants: 1453Institute for Defense Analyses Tax Deferred Annuity PlanCarilion Clinic 403(b) Retirement Savings Plan, Total assets ($B): 0.722085709 · Participants: 12978Carilion Clinic 403(b) Retirement Savings PlanCentra Health Matching Tax Deferred Savings Plan, Total assets ($B): 0.669994115 · Participants: 7141Centra Health Matching Tax Deferred Savings Plan
Covenant Woods 403b Retirement Savings Plan vs. nearby Other plans in Virginia, assets vs. participants

Covenant Woods 403b Retirement Savings Plan's out-of-state Other peers by assets and headcount

Outside Virginia, the nearest Other by assets is Council for Professional Recognition 403(b) DC Plan in DC ($8M); by covered participants it is 403(b) Thrift Plan Indiana Health Centers, Inc. in IN (299 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (299 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 Woods 403b Retirement Savings Plan assets move in 2023?
Covenant Woods 403b Retirement Savings Plan grew sharply - up 25.0% during 2023, from $7M to $8M. Reported net income was $2M.
How have Covenant Woods plan assets changed over time?
Across 3 plan years on file (2022-2024), Covenant Woods's sponsor-wide assets grew 59.3%, from $7M to $10M.
Which Other plans are similar in size to Covenant Woods 403b Retirement Savings Plan?
Among Other plans in other states, the closest by assets is Council for Professional Recognition 403(b) DC Plan in DC ($8M, 47 participants).
Which Other plans cover a similar participant headcount to Covenant Woods 403b Retirement Savings Plan?
Among Other plans in other states, the closest by covered participants is 403(b) Thrift Plan Indiana Health Centers, Inc. in IN (299 participants, $15M in assets).