401(k) · DOL Form 5500 · 2024
Covalent Group, Inc. 401(k) Plan
Data updated 2026-08-25
- $24M
- Total assets Small plan by assets
- 558
- Participants Below avg headcount
- 74th
- Percentile by assets National rank
- $42,876
- Avg per participant Low balance/head
Official DOL plan name: Covalent Group 401(k) Plan · Sponsored by Covalent Group, Inc. · Utah · Retail Trade
$24M in assets, 558 participants
Covalent Group, Inc.'s Covalent Group 401(k) Plan reported $24M in total assets and 558 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.
- #6,722 in Retail Trade (8,048 peers)
Covalent Group, Inc. multi-year trail
Covalent Group, Inc.'s plans moved +177.5% in assets from 2022 to 2024; this filing shows Covalent Group 401(k) Plan at $24M / 558 participants.
- #6,722
- in Retail Trade (8,048 peers)
- +48.3%
- assets growth YoY
Covalent Group 401(k) Plan's outsized position by total assets
Covalent Group 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$23,924,885 Top 26% higher than 74% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Covalent Group 401(k) 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. Covalent Group 401(k) Plan sits mid-pack in the medium band (558 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Covalent Group 401(k) Plan end-of-year assets rose from $16M in the plan year 2023 filing to $24M in the plan year 2024 filing.
- Covalent Group 401(k) Plan reported participants fell from 604 in the plan year 2023 filing to 558 in the plan year 2024 filing.
- Covalent Group 401(k) Plan reported net income rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
DOL schedule card
Filing strip 832556861 · Covalent Group, Inc. PY 2024 · 401(k)
Covalent Group 401(k) Plan · $24M · 558 · 74th
- NET $24M
- NET 558
- NET 74th
- NET 401(k)
- NET near General Tool Company, Incorporated 401(k) Plan
- NET ind #6722
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 Utah →
Covalent Group 401(k) Plan in the asset neighbourhood
Covalent Group, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Covalent Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $24M 177.45080109737683% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 199 | $9M |
| 2023 | 1 | 604 | $16M |
| 2024 | 1 | 558 | $24M |
Covalent Group, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | $8M |
| Employer EIN | 832556861 |
| Plan Effective Date | 2022-06-07 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Utah
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Intermountain Health 401(k) Plan $6.8B · 68,360
- Deseret 401(k) Plan $6.1B · 25,301
- Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan $1.9B · 9,972
- Skywest, Inc. Employees' Retirement Plan $1.4B · 14,259
- Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan $687M · 1,926
Covalent Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Utah, the nearest 401(k) by assets is General Tool Company, Incorporated 401(k) Plan in OH ($24M); by covered participants it is Niantic, Inc. 401(k) Plan in CA (558 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($24M here).
- General Tool Company, Incorporated 401(k) Plan (OH) $24M · 252
- The Arthur Companies, Inc. 401(k) Profit Sharing Plan (ND) $24M · 163
- Red Canary 401(k) Plan (CO) $24M · 389
- Standard Drywall, Inc. 401(k) Plan (CA) $24M · 132
Similar participant headcount
Nearest other-state filings by covered participants (558 participants); asset peers above are excluded.
- Niantic, Inc. 401(k) Plan (CA) 558 · 0 off
- Hantz Group Retirement Savings Plan (MI) 558 · 0 off
- M.G. Oil Company 401(k) Plan (SD) 558 · 0 off
- Team Gillman 401(k) Plan (TX) 558 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.