2023 Form 5500 filing — Covenant Health 401(K) 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 20241015130741NAL0016453491001) for Covenant Health 401(K) Plan, reported by Covenant Health under EIN 62-1646734 and plan number 002. It reports 11,000 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015130741NAL0016453491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Covenant Health
- EIN
- 62-1646734
- Plan number
- 002
- Location
- Knoxville, TN
- Participants
- 11,000
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $782,942,861
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $782,942,861
- Employer contributions
- $16,666,194
- Participant contributions
- $32,363,495
- Total income / additions
- $180,852,699
- Benefits paid
- $60,080,747
- Administrative expenses
- $490,511
- Total expenses
- $60,529,616
- Net increase / (decrease)
- $120,323,083
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $252,821 | $0 |
| Trendz Advisors, Inc. | INVESTMENT ADVISOR | $160,479 | not reported in the loaded dataset |
| Oppenheimer & Co. | INVESTMENT ADVISOR | $55,000 | not reported in the loaded dataset |
| Pya, P.C | ACCOUNTANT/AUDITOR | $20,374 | not reported in the loaded dataset |