401(k) · DOL Form 5500 · 2024

Coverage, Inc. 401(k) Plan

Data updated 2026-08-25

$944K
Total assets Small plan by assets
11
Participants Small participant base
23rd
Percentile by assets National rank
$85,789
Avg per participant Below avg balance/head
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Official DOL plan name: Coverage, Inc 401(k) Profit Sharing Plan · Sponsored by Coverage, Inc. · Virginia · Finance & Insurance

$944K in assets, 11 participants

Coverage, Inc.'s Coverage, Inc 401(k) Profit Sharing Plan reported $944K in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

  • #1,100 in Finance & Insurance (8,549 peers)

Coverage, Inc. multi-year trail

Coverage, Inc.'s plans moved +45.5% in assets from 2022 to 2024; this filing shows Coverage, Inc 401(k) Profit Sharing Plan at $944K / 11 participants.

#1,100
in Finance & Insurance (8,549 peers)
+21.3%
assets growth YoY

Coverage, Inc 401(k) Profit Sharing Plan among the smaller filed plans by assets

Coverage, Inc 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$943,679 23rd percentile higher than 23% of 123,620 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 2024

Coverage, Inc 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Coverage, Inc 401(k) Profit Sharing Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Coverage, Inc 401(k) Profit Sharing Plan reported net income rose from $129K in the plan year 2023 filing to $165K in the plan year 2024 filing.
  • Coverage, Inc 401(k) Profit Sharing Plan reported participants fell from 14 in the plan year 2023 filing to 11 in the plan year 2024 filing.
  • Coverage, Inc 401(k) Profit Sharing Plan end-of-year assets rose from $778K in the plan year 2023 filing to $944K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 541725173 · Coverage, Inc. PY 2024 · 401(k)

Coverage, Inc 401(k) Profit Sharing Plan · $944K · 11 · 23rd

  • NET $944K
  • NET 11
  • NET 23rd
  • NET 401(k)
  • NET near Kin on Health Care Center 401(k) Plan
  • NET ind #1100

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 Finance & Insurance retirement plans → · Plans in Virginia →

Coverage, Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Coverage, Inc 401(k) Profit Sharing PlanCoverage, Inc 401(k) Profit …$944KKin on Health Care Center 401(k) PlanKin on Health Care Center 40…$944KLcm Group Retirement Plan$944KZymy, Inc. 401(k) Profit Sharing PlanZymy, Inc. 401(k) Profit Sha…$943KNuera Acquisition Inc. 401(k) PlanNuera Acquisition Inc. 401(k…$944K
End-of-year total assets ($M) among Coverage, Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Coverage, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Coverage, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$944K 45.45640911816342% vs 2022
2024 filing year
$0.6M$0.7M$0.8M$0.9M$1M 202220232024 $0.65M $0.94M ▲ +44.6%
Year Plans Participants Total Assets
2022 1 13 $649K
2023 1 14 $778K
2024 1 11 $944K

Coverage, Inc. filing trail (2024)

Total Assets (Beginning of Year)$778K
Net Assets (End of Year)$944K
Net Income$165K
Employer EIN541725173
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Coverage, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Coverage, Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.000943679 · Participants: 11Coverage, Inc 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Coverage, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Coverage, Inc 401(k) Profit Sharing Plan side-by-side with 3 peers →

Coverage, Inc 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Kin on Health Care Center 401(k) Plan in WA ($944K); by covered participants it is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (11 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($944K here).

Similar participant headcount

Nearest other-state filings by covered participants (11 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Coverage, Inc 401(k) Profit Sharing Plan assets move in 2024? ▼
Coverage, Inc 401(k) Profit Sharing Plan grew sharply - up 21.3% during 2024, from $778K to $944K. Reported net income was $165K.
How have Coverage, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Coverage, Inc.'s sponsor-wide assets grew 45.5%, from $649K to $944K.
Where does Coverage, Inc 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Coverage, Inc 401(k) Profit Sharing Plan ranks in the 23rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Coverage, Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kin on Health Care Center 401(k) Plan in WA ($944K, 310 participants).
Which 401(k) plans cover a similar participant headcount to Coverage, Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (11 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541725173.

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.