401(k) · DOL Form 5500 · 2024

Covert Buick, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
1,124
Participants Near avg headcount
81st
Percentile by assets National rank
$34,678
Avg per participant Low balance/head
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Official DOL plan name: Covert Auto Group 401(k) Plan · Sponsored by Covert Buick, Inc. · Texas · Retail Trade

$39M in assets, 1,124 participants

Covert Buick, Inc.'s Covert Auto Group 401(k) Plan reported $39M in total assets and 1,124 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,160 in Retail Trade (8,048 peers)

Where Covert Auto Group 401(k) Plan sits by assets

Covert Auto Group 401(k) Plan sits in the top quartile of all filed plans by assets, $39M for 1,124 participants (~$34,678/participant), up 17.7% in 2024.

#7,160
in Retail Trade (8,048 peers)
+17.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Covert Auto Group 401(k) Plan's outsized position by total assets

Covert Auto Group 401(k) Plan vs every filed plan by assets

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

$38,977,854 Top 19% higher than 81% 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

Covert Auto Group 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covert Auto Group 401(k) Plan lands in the large band (1,124 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Covert Auto Group 401(k) Plan end-of-year assets rose from $33M in the plan year 2023 filing to $39M in the plan year 2024 filing.
  • Covert Auto Group 401(k) Plan reported participants rose from 971 in the plan year 2023 filing to 1,124 in the plan year 2024 filing.
  • Covert Auto Group 401(k) Plan reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 741982741 · Covert Buick, Inc. PY 2024 · 401(k)

Covert Auto Group 401(k) Plan · $39M · 1,124 · 81st

  • PCT $39M
  • EIN 1,124
  • RANK 81st
  • PHOTO 401(k)
  • IND near J.F. Lehman & Company, LLC Savings Plan
  • EOY ind #7160

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 Retail Trade retirement plans → · Plans in Texas →

Covert Auto Group 401(k) Plan in the asset neighbourhood

Covert Auto Group 401(k) Plan$39MJ.F. Lehman & Company, LLC Savings PlanJ.F. Lehman & Company, LLC S…$39MShepard Exposition Services, Inc. 401(k) PlanShepard Exposition Services,…$39MBurke, Williams & Sorensen, LLP Associate 401(k) Profit Sharing PlanBurke, Williams & Sorensen, …$39MHydromat, Inc. of St. Louis Mo 401(k) PlanHydromat, Inc. of St. Louis …$39M
End-of-year total assets ($M) among Covert Auto Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$39M
Net Income$6M
Employer EIN741982741
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covert Buick, Inc.)

Sponsor-wide plan assets over time

All Covert Buick, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$39M 48.173268564846154% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $26.3M $39M ▲ +48.2%
Year Plans Participants Total Assets
2022 1 916 $26M
2023 1 971 $33M
2024 1 1,124 $39M

Nearby 401(k) Plans in Texas

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

Covert Auto Group 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Covert Auto Group 401(k) Plan, Total assets ($B): 0.038977854 · Participants: 1124Covert Auto Group 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Covert Auto Group 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Covert Auto Group 401(k) Plan side-by-side with 3 peers →

Covert Auto Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is J.F. Lehman & Company, LLC Savings Plan in VA ($39M); by covered participants it is Circle Graphics 401(k) Plan in CO (1,124 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,124 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 Covert Auto Group 401(k) Plan assets move in 2024? ▼
Covert Auto Group 401(k) Plan grew sharply - up 17.7% during 2024, from $33M to $39M. Reported net income was $6M.
How have Covert Buick, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covert Buick, Inc.'s sponsor-wide assets grew 48.2%, from $26M to $39M.
Where does Covert Auto Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Covert Auto Group 401(k) Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Covert Auto Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is J.F. Lehman & Company, LLC Savings Plan in VA ($39M, 48 participants).
Which 401(k) plans cover a similar participant headcount to Covert Auto Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Circle Graphics 401(k) Plan in CO (1,124 participants, N/A 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 741982741.

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.