Plan Ledger DOL Form 5500 · updated monthly

Covia Communities403(b)

COVIA COMMUNITIES 403(B) PLAN · WALNUT CREEK, CA · plan year 2022

Reported admin expense ratio · 2022
0.14%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Covia Communities reported $56,459 in plan administrative expenses for 2022: 0.14% of average plan assets, below the peer median. Employer contributions averaged $524 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.14% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,305th-largest of 9,483 plans among California employers on file, and the 2,410th of 11,911 in health care & social assistance. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,244,134
Participants with balances1,189
Active participants1,103
Employer contributions$577,870
Employee contributions$1,017,566
Employer contribution per active participant$524
Average account balance$30,483
Benefits paid to participants$3,961,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 124 accts
2023$4.9M · 127 accts · $2K emplr
2022$36.2M · 1,189 accts · $578K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$56,459
Total administrative$56,459
Employer contributions to the Covia Communities plan · 2022
Employer contribution per active participant$524
Median for plans this size$2,266
2023$17 per active participant
2022$524 per active participant

Covia Communities's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$73,603 · 0.36%
2022$56,459 · 0.14%
Similar plansHealth Care & Social Assistance · California
Sequoia Living Inc. CA$36.4M · 0.24%
Sante Health Systems, Inc. CA$35.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 946130471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.