2023 Form 5500 filing — Covenant Transportation Group 401(K) & Profit Sharing Plan
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 20240730162705NAL0021189233001) for Covenant Transportation Group 401(K) & Profit Sharing Plan, reported by Covenant Transport, Inc. under EIN 88-0320154 and plan number 001. It reports 3,958 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730162705NAL0021189233001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Covenant Transport, Inc.
- EIN
- 88-0320154
- Plan number
- 001
- Location
- Chattanooga, TN
- Participants
- 3,958
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $69,900,293
- Total liabilities (EOY)
- $124,155
- Net assets (EOY)
- $69,776,138
- Employer contributions
- $1,912,472
- Participant contributions
- $6,018,500
- Total income / additions
- $18,377,948
- Benefits paid
- $7,732,641
- Administrative expenses
- $227,634
- Total expenses
- $8,178,271
- Net increase / (decrease)
- $10,199,677
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $146,459 | $0 |
| Morgan Stanley Global Banking | INVESTMENT ADVISORS | $59,775 | not reported in the loaded dataset |
| Coulter & Justus, P.C. | AUDITOR | $21,400 | not reported in the loaded dataset |
| National Financial Services | SECURITIES BROKER | $0 | $0 |