401(k) · DOL Form 5500 · 2023

Covenant Care California, LLC 401(k) Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
4,439
Participants Above avg headcount
89th
Percentile by assets National rank
$16,845
Avg per participant Low balance/head
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Official DOL plan name: Covenant Care 401(k) Plan · Sponsored by Covenant Care California, LLC · California · Healthcare & Social Assistance

$75M in assets, 4,439 participants

Covenant Care California, LLC's Covenant Care 401(k) Plan reported $75M in total assets and 4,439 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #16,034 in Healthcare & Social Assistance (17,684 peers)

Coverage in California

Covenant Care 401(k) Plan covers 4,439 participants in California, 7.0x the typical California plan (state average ~630 per filing). Assets: $75M.

#16,034
in Healthcare & Social Assistance (17,684 peers)
+13.0%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Covenant Care 401(k) Plan's outsized position by total assets

Covenant Care 401(k) Plan vs every filed plan by assets

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

$74,775,437 Top 11% higher than 89% 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 Care 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covenant Care 401(k) Plan lands in the large band (4,439 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covenant Care 401(k) Plan reported net income rose from -$17M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Covenant Care 401(k) Plan end-of-year assets rose from $66M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Covenant Care 401(k) Plan reported participants rose from 4,346 in the plan year 2022 filing to 4,439 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 330631540 · Covenant Care California, LLC PY 2023 · 401(k)

Covenant Care 401(k) Plan · $75M · 4,439 · 89th

  • VS-ST $75M
  • VS-ST 4,439
  • VS-ST 89th
  • VS-ST 401(k)
  • VS-ST near Security Mutual Life Insurance Company of New York Profit Sharing Plan
  • VS-ST ind #16034

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 California →

Covenant Care 401(k) Plan in the asset neighbourhood

Intellibridge 401(k) Plan$75MSpringpoint Senior Living, Inc. 401(k) PlanSpringpoint Senior Living, I…$75MCovenant Care 401(k) Plan$75MSecurity Mutual Life Insurance Company of New York Profit Sharing PlanSecurity Mutual Life Insuran…$75MOpus Inspection 401(k) Plan$75M
End-of-year total assets ($M) among Covenant Care 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$75M
Net Income$9M
Employer EIN330631540
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covenant Care California, LLC)

Sponsor-wide plan assets over time

All Covenant Care California, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$73M 11.052322860053545% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.2M $73.5M ▲ +11.1%
Year Plans Participants Total Assets
2022 1 4,346 $66M
2023 1 4,439 $75M
2024 1 4,295 $73M

Nearby 401(k) Plans in California

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

Covenant Care 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Covenant Care 401(k) Plan, Total assets ($B): 0.074775437 · Participants: 4439Covenant Care 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Covenant Care 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Covenant Care 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Security Mutual Life Insurance Company of New York Profit Sharing Plan in NY ($75M); by covered participants it is Discount Drug Mart, Inc. 401(k) Profit Sharing Plan in OH (4,439 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($75M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,439 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 Care 401(k) Plan assets move in 2023? ▼
Covenant Care 401(k) Plan grew at a solid clip - up 13.0% during 2023, from $66M to $75M. Reported net income was $9M.
How have Covenant Care California, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covenant Care California, LLC's sponsor-wide assets grew 11.1%, from $66M to $73M.
Where does Covenant Care 401(k) Plan rank by assets among Form 5500 filers? ▼
Covenant Care 401(k) Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Covenant Care 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Security Mutual Life Insurance Company of New York Profit Sharing Plan in NY ($75M, 307 participants).
Which 401(k) plans cover a similar participant headcount to Covenant Care 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Discount Drug Mart, Inc. 401(k) Profit Sharing Plan in OH (4,439 participants, $165M in assets).

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 330631540.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.