401(k) · DOL Form 5500 · 2023

Coverent LLC 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
142
Participants Small participant base
72nd
Percentile by assets National rank
$136,178
Avg per participant Near avg balance/head
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Official DOL plan name: Coverent LLC Retirement Plan · Sponsored by Coverent LLC · Virginia · Professional & Technical Services

$19M in assets, 142 participants

Coverent LLC's Coverent LLC Retirement Plan reported $19M in total assets and 142 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #14,580 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Coverent LLC Retirement Plan covers 142 participants in Virginia, about 18% of the average Virginia filer (state average ~782 per filing). Assets: $19M.

#14,580
in Professional & Technical Services (20,321 peers)
+19.8%
assets growth YoY

Coverent LLC Retirement Plan's outsized position by total assets

Coverent LLC Retirement Plan vs every filed plan by assets

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

$19,337,306 Top 28% higher than 72% 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

Coverent LLC Retirement 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. Coverent LLC Retirement Plan sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Coverent LLC Retirement Plan reported net income rose from -$215K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Coverent LLC Retirement Plan end-of-year assets rose from $16M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Coverent LLC Retirement Plan reported participants rose from 123 in the plan year 2022 filing to 142 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 061787269 · Coverent LLC PY 2023 · 401(k)

Coverent LLC Retirement Plan · $19M · 142 · 72nd

  • BOOK $19M
  • VS-ST 142
  • BOY 72nd
  • SCH 401(k)
  • EBSA near Fairway Market III 401(k) Profit Sharing Plan
  • PART ind #14580

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 Professional & Technical Services retirement plans → · Plans in Virginia →

Coverent LLC Retirement Plan in the asset neighbourhood

Coverent LLC Retirement Plan$19MFairway Market III 401(k) Profit Sharing PlanFairway Market III 401(k) Pr…$19MNorris Design 401(k) Profit Sharing Plan and TrustNorris Design 401(k) Profit …$19MLectrosonics, Inc. 401(k) PlanLectrosonics, Inc. 401(k) Pl…$19MNorcal Rental Group 401(k) PlanNorcal Rental Group 401(k) P…$19M
End-of-year total assets ($M) among Coverent LLC Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN061787269
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Coverent LLC)

Sponsor-wide plan assets over time

All Coverent LLC plans reported in each filing year

Latest sponsor-wide plan assets
$19M 19.83207043884974% vs 2022
2023 filing year
$15M$16M$17M$18M$19M$20M 20222023 $16.1M $19.3M ▲ +19.8%
Year Plans Participants Total Assets
2022 1 123 $16M
2023 1 142 $19M

Nearby 401(k) Plans in Virginia

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

Coverent LLC Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Coverent LLC Retirement Plan, Total assets ($B): 0.019337306 · Participants: 142Coverent LLC Retirement PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Coverent LLC Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is Fairway Market III 401(k) Profit Sharing Plan in CA ($19M); by covered participants it is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (142 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 Coverent LLC Retirement Plan assets move in 2023?
Coverent LLC Retirement Plan grew sharply - up 19.8% during 2023, from $16M to $19M. Reported net income was $3M.
How have Coverent LLC plan assets changed over time?
Across 2 plan years on file (2022-2023), Coverent LLC's sponsor-wide assets grew 19.8%, from $16M to $19M.
Which 401(k) plans are similar in size to Coverent LLC Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Fairway Market III 401(k) Profit Sharing Plan in CA ($19M, 273 participants).
Which 401(k) plans cover a similar participant headcount to Coverent LLC Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants, $12M in assets).