ESOP · DOL Form 5500 · 2024

Covenant Eyes, Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
180
Participants Small participant base
62nd
Percentile by assets National rank
$74,338
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Covenant Eyes, Inc. Employee Stock Ownership Plan · Sponsored by Covenant Eyes, Inc. · Michigan · Information & Media

$13M in assets, 180 participants

Covenant Eyes, Inc.'s Covenant Eyes, Inc. Employee Stock Ownership Plan reported $13M in total assets and 180 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #1,407 in Information & Media (2,822 peers)

Coverage in Michigan

Covenant Eyes, Inc. Employee Stock Ownership Plan covers 180 participants in Michigan, about 28% of the average Michigan filer (state average ~638 per filing). Assets: $13M.

#1,407
in Information & Media (2,822 peers)
+63.2%
assets growth YoY

Covenant Eyes, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Information & Media and all filers

Covenant Eyes, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$13,380,803 Top 38% higher than 62% 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

Covenant Eyes, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covenant Eyes, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (180 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Covenant Eyes, Inc. Employee Stock Ownership Plan end-of-year assets rose from $8M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Covenant Eyes, Inc. Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 043734213 · Covenant Eyes, Inc. PY 2024 · ESOP

Covenant Eyes, Inc. Employee Stock Ownership Plan · $13M · 180 · 62nd

  • NET $13M
  • BOOK 180
  • VS-ST 62nd
  • BOY ESOP
  • SCH near Flinchbaugh Engineering, Inc. Employee Stock Ownership Plan
  • EBSA ind #1407

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 What is an ESOP? → · Plans in Michigan →

Covenant Eyes, Inc. Employee Stock Ownership Plan in the asset neighbourhood

D Gormley Inc Employees Profit Sharing PlanD Gormley Inc Employees Prof…$13MCovenant Eyes, Inc. Employee Stock Ownership PlanCovenant Eyes, Inc. Employee…$13MFlinchbaugh Engineering, Inc. Employee Stock Ownership PlanFlinchbaugh Engineering, Inc…$13MKeltech, Inc. Employee Stock Ownership PlanKeltech, Inc. Employee Stock…$13MBo/Gar Enterprises, Inc. Employee Stock Ownership PlanBo/Gar Enterprises, Inc. Emp…$13M
End-of-year total assets ($M) among Covenant Eyes, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)-$3M
Net Income$6M
Employer EIN043734213
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covenant Eyes, Inc.)

Sponsor-wide plan assets over time

All Covenant Eyes, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 111.45000342454183% vs 2022
2024 filing year
$10M$15M$20M$25M$30M$35M 202220232024 $14.1M $29.9M ▲ +111.4%
Year Plans Participants Total Assets
2022 2 409 $14M
2023 2 386 $21M
2024 2 375 $30M

Nearby ESOP Plans in Michigan

Peer ESOP plans, same state, same plan type, ranked by total assets.

Covenant Eyes, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -0.500.511.52 Total assets ($B) Participants Covenant Eyes, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.013380803 · Participants: 180Covenant Eyes, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Covenant Eyes, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Covenant Eyes, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Covenant Eyes, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Flinchbaugh Engineering, Inc. Employee Stock Ownership Plan in PA ($13M); by covered participants it is California Hydronics Corporation Employee Stock Ownership Plan in CA (180 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (180 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 Covenant Eyes, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Covenant Eyes, Inc. Employee Stock Ownership Plan surged - up 63.2% during 2024, from $8M to $13M. Reported net income was $6M.
How have Covenant Eyes, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covenant Eyes, Inc.'s sponsor-wide assets grew 111.5%, from $14M to $30M.
Which ESOP plans are similar in size to Covenant Eyes, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Flinchbaugh Engineering, Inc. Employee Stock Ownership Plan in PA ($13M, 210 participants).
Which ESOP plans cover a similar participant headcount to Covenant Eyes, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is California Hydronics Corporation Employee Stock Ownership Plan in CA (180 participants, $45M 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 043734213.

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.