Covenant Care 401(K) Plan — Form 5500 plan (Covenant Care California, LLC)

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 Care 401(K) Plan is a benefit plan reported by Covenant Care California, LLC under EIN 33-0631540 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,122 participants and $74,775,437 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Covenant Care California, LLC
EIN
33-0631540
Plan number
001
Plan type
2
Location
Aliso Viejo, CA
Latest filing year
2023
Participants
5,122
End-of-year plan assets
$74,775,437

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,122H, C20241015161437NAL0015057219001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$74,775,437
Total liabilities (EOY)
$0
Net assets (EOY)
$74,775,437
Net assets (BOY)
$66,163,069

Income & contributions

Employer contributions
-$250
Participant contributions
$5,963,692
Total contributions
$6,423,769
Total income / additions
$17,886,510

Expenses & distributions

Benefits paid
$9,004,207
Administrative expenses
$186,344
Total expenses
$9,274,142
Net increase / (decrease)
$8,612,368

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$150,544$02023
Nfp Retirement,IncCONSULTANT$29,500not reported in the loaded dataset2023
Marcum LlpACCOUNTANT$12,000not reported in the loaded dataset2023

Related Form 5500 pages