401(k) · DOL Form 5500 · 2024

Covenant Care California, LLC 401(k) Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
4,295
Participants Above avg headcount
88th
Percentile by assets National rank
$17,107
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Covenant Care 401(k) Plan · Sponsored by Covenant Care California, LLC · California · Healthcare & Social Assistance

$73M in assets, 4,295 participants

Covenant Care California, LLC's Covenant Care 401(k) Plan reported $73M in total assets and 4,295 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,158 in Healthcare & Social Assistance (16,916 peers)

Coverage in California

Covenant Care 401(k) Plan covers 4,295 participants in California, 6.8x the typical California plan (state average ~630 per filing). Assets: $73M.

#15,158
in Healthcare & Social Assistance (16,916 peers)
-1.7%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Covenant Care 401(k) Plan's outsized position by total assets

Covenant Care 401(k) Plan vs every filed plan by assets

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

$73,475,625 Top 12% higher than 88% 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 Care 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. Covenant Care 401(k) Plan lands in the large band (4,295 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Covenant Care 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Covenant Care 401(k) Plan reported participants fell from 4,439 in the plan year 2023 filing to 4,295 in the plan year 2024 filing.
  • Covenant Care 401(k) Plan end-of-year assets fell from $75M in the plan year 2023 filing to $73M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 330631540 · Covenant Care California, LLC PY 2024 · 401(k)

Covenant Care 401(k) Plan · $73M · 4,295 · 88th

  • VS-ST $73M
  • VS-ST 4,295
  • VS-ST 88th
  • VS-ST 401(k)
  • VS-ST near Phalcon, Ltd. 401(k) Plan
  • VS-ST ind #15158

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 Healthcare & Social Assistance retirement plans → · Plans in California →

Covenant Care 401(k) Plan in the asset neighbourhood

Brewer Science, Inc. 401(k) PlanBrewer Science, Inc. 401(k) …$74MPhalcon, Ltd. 401(k) Plan$73MTechnic, Inc. 401(k) Plan$73MCovenant Care 401(k) Plan$73MAir Cruisers 401(k) Plan$73M
End-of-year total assets ($M) among Covenant Care 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$73M
Net Income-$1M
Employer EIN330631540
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covenant Care California, LLC)

Sponsor-wide plan assets over time

All Covenant Care California, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$73M 11.052322860053545% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.2M $73.5M ▲ +11.1%
Year Plans Participants Total Assets
2022 1 4,346 $66M
2023 1 4,439 $75M
2024 1 4,295 $73M

Nearby 401(k) Plans in California

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

Covenant Care 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Covenant Care 401(k) Plan, Total assets ($B): 0.073475625 · Participants: 4295Covenant Care 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Covenant Care 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Covenant Care 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Phalcon, Ltd. 401(k) Plan in CT ($73M); by covered participants it is Biogen 401(k) Savings Plan in MA (4,292 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($73M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,295 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 Care 401(k) Plan assets move in 2024? ▼
Covenant Care 401(k) Plan edged down modestly - down 1.7% during 2024, from $75M to $73M. Reported net income was -$1M.
How have Covenant Care California, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covenant Care California, LLC's sponsor-wide assets grew 11.1%, from $66M to $73M.
Where does Covenant Care 401(k) Plan rank by assets among Form 5500 filers? ▼
Covenant Care 401(k) Plan ranks in the 88th 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 Covenant Care 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Phalcon, Ltd. 401(k) Plan in CT ($73M, 258 participants).
Which 401(k) plans cover a similar participant headcount to Covenant Care 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Biogen 401(k) Savings Plan in MA (4,292 participants, $2.2B 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 330631540.

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.