2023 Form 5500 filing — Covelli Enterprises, Inc. 401(K) Profit Sharing Plan & Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241008093757NAL0016403473001) for Covelli Enterprises, Inc. 401(K) Profit Sharing Plan & Trust, reported by Covelli Enterprises, Inc. under EIN 34-1724212 and plan number 001. It reports 3,245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008093757NAL0016403473001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Covelli Enterprises, Inc.
- EIN
- 34-1724212
- Plan number
- 001
- Location
- Warren, OH
- Participants
- 3,245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $49,775,475
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,775,475
- Employer contributions
- $2,112,270
- Participant contributions
- $3,453,275
- Total income / additions
- $13,177,922
- Benefits paid
- $4,825,299
- Administrative expenses
- $264,536
- Total expenses
- $5,089,835
- Net increase / (decrease)
- $8,088,087
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $264,536 | $0 |
| Equitable Network LLC | OTHER SERVICES | $0 | $27,687 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |