Covenant Woods 403b Retirement Savings Plan — Form 5500 plan (Covenant Woods)
Plain-English plan 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, Covenant Woods 403b Retirement Savings Plan is a benefit plan reported by Covenant Woods under EIN 54-0524902 and plan number 001. The latest loaded filing year is 2023. The filing reports 369 participants and $8,194,378 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Covenant Woods
- EIN
- 54-0524902
- Plan number
- 001
- Plan type
- 2
- Location
- Mechanicsville, VA
- Latest filing year
- 2023
- Participants
- 369
- End-of-year plan assets
- $8,194,378
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 369 | H, C | 20241015142657NAL0014838403001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,194,378
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,194,378
- Net assets (BOY)
- $6,555,326
Income & contributions
- Employer contributions
- $489,053
- Participant contributions
- $582,646
- Total contributions
- $1,085,183
- Total income / additions
- $2,336,414
Expenses & distributions
- Benefits paid
- $693,884
- Administrative expenses
- $3,478
- Total expenses
- $697,362
- Net increase / (decrease)
- $1,639,052
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| American United Life Insurance Co | NONE | $4,183 | $23,642 | 2023 |