401(k) · DOL Form 5500 · 2024

New Covenant Trust Company, NA 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
29
Participants Small participant base
41st
Percentile by assets National rank
$161,635
Avg per participant Above avg balance/head
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Official DOL plan name: New Covenant Retirement Savings Plan · Sponsored by New Covenant Trust Company, NA · Indiana · Finance & Insurance

$5M in assets, 29 participants

New Covenant Trust Company, NA's New Covenant Retirement Savings Plan reported $5M in total assets and 29 participants in its 2024 DOL Form 5500 filing, ranking in the 41st 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.

  • #2,344 in Finance & Insurance (8,549 peers)

New Covenant Trust Company, NA multi-year trail

New Covenant Trust Company, NA's plans moved +48.8% in assets from 2022 to 2024; this filing shows New Covenant Retirement Savings Plan at $5M / 29 participants.

#2,344
in Finance & Insurance (8,549 peers)
+15.4%
assets growth YoY

New Covenant Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

New Covenant Retirement Savings Plan vs every filed plan by assets

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

$4,687,407 41st percentile higher than 41% 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

New Covenant Retirement Savings 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. New Covenant Retirement Savings Plan is a small filing (29 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • New Covenant Retirement Savings Plan reported net income fell from $911K in the plan year 2023 filing to $626K in the plan year 2024 filing.
  • New Covenant Retirement Savings Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • New Covenant Retirement Savings Plan reported participants rose from 27 in the plan year 2023 filing to 29 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 352022785 · New Covenant Trust Company, NA PY 2024 · 401(k)

New Covenant Retirement Savings Plan · $5M · 29 · 41st

  • 5500 $5M
  • ASSETS 29
  • PCT 41st
  • EIN 401(k)
  • RANK near Nature's Way Retirement Plan
  • PHOTO ind #2344

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 Indiana →

New Covenant Retirement Savings Plan in the asset neighbourhood

New Covenant Retirement Savings PlanNew Covenant Retirement Savi…$5MNature's Way Retirement Plan$5MThe Cobalt Company 401(k) PlanThe Cobalt Company 401(k) Pl…$5MTpg 401(k) Plan$5MChattanooga Area Convention & Visitors Bureau 401(k) Retirement PlanChattanooga Area Convention …$5M
End-of-year total assets ($M) among New Covenant Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Covenant Trust Company, NA multi-year asset trail

Sponsor-wide plan assets over time

All New Covenant Trust Company, NA plans reported in each filing year

Latest sponsor-wide plan assets
$5M 48.77558832192407% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M$5M 202220232024 $3.15M $4.69M ▲ +48.9%
Year Plans Participants Total Assets
2022 1 25 $3M
2023 1 27 $4M
2024 1 29 $5M

New Covenant Trust Company, NA filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$626K
Employer EIN352022785
Plan Effective Date2000-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

New Covenant Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants New Covenant Retirement Savings Plan, Total assets ($B): 0.004687407 · Participants: 29New Covenant Retirement Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
New Covenant Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

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

Outside Indiana, the nearest 401(k) by assets is Nature's Way Retirement Plan in PA ($5M); by covered participants it is Therapy Systems Dme Inc. 401(k) Plan in MD (29 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (29 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 New Covenant Retirement Savings Plan assets move in 2024?
New Covenant Retirement Savings Plan grew sharply - up 15.4% during 2024, from $4M to $5M. Reported net income was $626K.
How have New Covenant Trust Company, NA plan assets changed over time?
Across 3 plan years on file (2022-2024), New Covenant Trust Company, NA's sponsor-wide assets grew 48.8%, from $3M to $5M.
Which 401(k) plans are similar in size to New Covenant Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Nature's Way Retirement Plan in PA ($5M, 132 participants).
Which 401(k) plans cover a similar participant headcount to New Covenant Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Therapy Systems Dme Inc. 401(k) Plan in MD (29 participants, $864K in assets).