401(k) · DOL Form 5500 · 2024

Kovalus Separation Solutions, LLC 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
468
Participants Below avg headcount
85th
Percentile by assets National rank
$119,360
Avg per participant Near avg balance/head
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Official DOL plan name: Kovalus 401(k) Savings Plan · Sponsored by Kovalus Separation Solutions, LLC · Massachusetts · Manufacturing

$56M in assets, 468 participants

Kovalus Separation Solutions, LLC's Kovalus 401(k) Savings Plan reported $56M in total assets and 468 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,062 in Manufacturing (17,777 peers)

Where Kovalus 401(k) Savings Plan sits by assets

Kovalus 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $56M for 468 participants (~$119,360/participant), up 17.3% in 2024.

#14,062
in Manufacturing (17,777 peers)
+17.3%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Kovalus 401(k) Savings Plan's outsized position by total assets

Kovalus 401(k) Savings Plan vs every filed plan by assets

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

$55,860,641 Top 15% higher than 85% 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

Kovalus 401(k) Savings 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. Kovalus 401(k) Savings Plan sits mid-pack in the medium band (468 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kovalus 401(k) Savings Plan end-of-year assets rose from $48M in the plan year 2023 filing to $56M in the plan year 2024 filing.
  • Kovalus 401(k) Savings Plan reported participants rose from 422 in the plan year 2023 filing to 468 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 223011666 · Kovalus Separation Solutions, LLC PY 2024 · 401(k)

Kovalus 401(k) Savings Plan · $56M · 468 · 85th

  • RANK $56M
  • PHOTO 468
  • IND 85th
  • EOY 401(k)
  • 5500 near H.F. Lenz Company 401(k) and Profit Sharing Plan
  • ASSETS ind #14062

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 Massachusetts →

Kovalus 401(k) Savings Plan in the asset neighbourhood

Gill Studios, Inc. Profit Sharing and 401(k) Plan and TrustGill Studios, Inc. Profit Sh…$56MKovalus 401(k) Savings Plan$56MH.F. Lenz Company 401(k) and Profit Sharing PlanH.F. Lenz Company 401(k) and…$56MTrue World Holdings 401(k) PlanTrue World Holdings 401(k) P…$56MSkidmore Sales & Distributing Co., Inc. Restated 401(k) Profit Sharing PlanSkidmore Sales & Distributin…$56M
End-of-year total assets ($M) among Kovalus 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$56M
Net Income$8M
Employer EIN223011666
Plan Effective Date2023-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Kovalus Separation Solutions, LLC)

Sponsor-wide plan assets over time

All Kovalus Separation Solutions, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$56M 17.251525228372326% vs 2023
2024 filing year
$45M$50M$55M$60M 20232024 $47.6M $55.9M ▲ +17.3%
Year Plans Participants Total Assets
2023 1 422 $48M
2024 1 468 $56M

Nearby 401(k) Plans in Massachusetts

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

Kovalus 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Kovalus 401(k) Savings Plan, Total assets ($B): 0.055860641 · Participants: 468Kovalus 401(k) Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Kovalus 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Kovalus 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is H.F. Lenz Company 401(k) and Profit Sharing Plan in PA ($56M); by covered participants it is Mikuni Restaurant Group, Inc. 401(k) Plan in CA (468 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (468 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 Kovalus 401(k) Savings Plan assets move in 2024? ▼
Kovalus 401(k) Savings Plan grew sharply - up 17.3% during 2024, from $48M to $56M. Reported net income was $8M.
How have Kovalus Separation Solutions, LLC plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Kovalus Separation Solutions, LLC's sponsor-wide assets grew 17.3%, from $48M to $56M.
Where does Kovalus 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Kovalus 401(k) Savings Plan ranks in the 85th 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 Kovalus 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is H.F. Lenz Company 401(k) and Profit Sharing Plan in PA ($56M, 184 participants).
Which 401(k) plans cover a similar participant headcount to Kovalus 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mikuni Restaurant Group, Inc. 401(k) Plan in CA (468 participants, $3M 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 223011666.

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.