Plan5500

Covert Manufacturing, Inc. Employees 401k Profit Sharing Plan And Trust — Form 5500 plan (Covert Manufacturing, Inc.)

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, Covert Manufacturing, Inc. Employees 401k Profit Sharing Plan And Trust is a benefit plan reported by Covert Manufacturing, Inc. under EIN 34-1059703 and plan number 002. The latest loaded filing year is 2023. The filing reports 315 participants and $7,759,496 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Covert Manufacturing, Inc.
EIN
34-1059703
Plan number
002
Plan type
2
Location
Galion, OH
Latest filing year
2023
Participants
315
End-of-year plan assets
$7,759,496

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023315H, C20241014153841NAL0013552019001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,759,496
Total liabilities (EOY)
$0
Net assets (EOY)
$7,759,496
Net assets (BOY)
$7,254,409

Income & contributions

Employer contributions
$140,786
Participant contributions
$417,444
Total contributions
$558,230
Total income / additions
$1,442,220

Expenses & distributions

Benefits paid
$919,791
Administrative expenses
$17,342
Total expenses
$937,133
Net increase / (decrease)
$505,087

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
NationwideCUSTODIAN/RECORD KEEPER$32,914$3,7532023
Moskal Gross Orchosky IncTPA$28,922$2,0102023
Mgo Investment AdvisorsINVESTMENT ADVISOR$0not reported in the loaded dataset2023

Related Form 5500 pages