401(k) · DOL Form 5500 · 2024

Covert Manufacturing, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
272
Participants Below avg headcount
51st
Percentile by assets National rank
$29,690
Avg per participant Low balance/head
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Official DOL plan name: Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust · Sponsored by Covert Manufacturing, Inc. · Ohio · Manufacturing

$8M in assets, 272 participants

Covert Manufacturing, Inc.'s Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust reported $8M in total assets and 272 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #6,358 in Manufacturing (17,777 peers)

Coverage in Ohio

Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust covers 272 participants in Ohio, about 36% of the average Ohio filer (state average ~765 per filing). Assets: $8M.

#6,358
in Manufacturing (17,777 peers)
+4.1%
assets growth YoY

Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$8,075,651 Top 49% higher than 51% 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 Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust 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. Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (272 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust reported net income fell from $505K in the plan year 2023 filing to $316K in the plan year 2024 filing.
  • Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust reported participants rose from 265 in the plan year 2023 filing to 272 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 341059703 · Covert Manufacturing, Inc. PY 2024 · 401(k)

Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust · $8M · 272 · 51st

  • 5500 $8M
  • ASSETS 272
  • PCT 51st
  • EIN 401(k)
  • RANK near Matsushita Int'l Corp. and Its Subsidiaries/Affiliates 401(k) Plan
  • PHOTO ind #6358

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 Manufacturing retirement plans → · Plans in Ohio →

Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and TrustCovert Manufacturing, Inc. E…$8MMatsushita Int'l Corp. and Its Subsidiaries/Affiliates 401(k) PlanMatsushita Int'l Corp. and I…$8MMajors Plastics, Inc. 401(k) PlanMajors Plastics, Inc. 401(k)…$8MTate's Bake Shop 401(k) Plan$8MMiva, Inc. 401(k) Profit Sharing PlanMiva, Inc. 401(k) Profit Sha…$8M
End-of-year total assets ($M) among Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$316K
Employer EIN341059703
Plan Effective Date1988-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covert Manufacturing, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$8M 11.320591381048407% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M 202220232024 $7.25M $8.08M ▲ +11.4%
Year Plans Participants Total Assets
2022 1 255 $7M
2023 1 265 $8M
2024 1 272 $8M

Nearby 401(k) Plans in Ohio

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

Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.008075651 · Participants: 272Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and TrustGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Matsushita Int'l Corp. and Its Subsidiaries/Affiliates 401(k) Plan in CA ($8M); by covered participants it is Derry Medical Center 401(k) Plan in NH (272 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (272 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 Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust edged up modestly - up 4.1% during 2024, from $8M to $8M. Reported net income was $316K.
How have Covert Manufacturing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covert Manufacturing, Inc.'s sponsor-wide assets grew 11.3%, from $7M to $8M.
Which 401(k) plans are similar in size to Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Matsushita Int'l Corp. and Its Subsidiaries/Affiliates 401(k) Plan in CA ($8M, 69 participants).
Which 401(k) plans cover a similar participant headcount to Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Derry Medical Center 401(k) Plan in NH (272 participants, $47M 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 341059703.

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.