Plan Ledger DOL Form 5500 · updated monthly

Covius Holdings, Inc.401(k)

COVIUS HOLDINGS, INC. 401(K) PLAN · GLENDALE, CO · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Covius Holdings, Inc. reported $178,748 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,020 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 2 years on file its reported administrative ratio fell from 0.66% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 246th-largest of 1,461 plans among Colorado employers on file, and the 1,686th of 4,798 in finance & insurance. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 809 to 1,000 since 2022.

Plan summary
Net assets, end of year$49,325,915
Participants with balances1,198
Active participants1,000
Employer contributions$2,019,724
Employee contributions$4,492,912
Employer contribution per active participant$2,020
Average account balance$41,174
Benefits paid to participants$3,729,758
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$49.3M · 1,198 accts · $2.0M emplr
2023$41.4M · 1,403 accts · $2.1M emplr
2022$29.6M · 892 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,638
Total administrative$178,748
The Covius Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,020
Median for plans this size$2,416
2024$2,020 per active participant
2023$2,121 per active participant
2022$2,199 per active participant

Covius Holdings, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$163,588
CBIZ BENEFITS & INSURANCE SERVICES · Recordkeeping · Loan processing$15,110

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024CBIZ BENEFITS & INSURANCE SERVICES, Transamerica
2023CBIZ INSURANCE SERVICES, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Covius Holdings, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$178,748 · 0.39%
2023$170,859 · 0.48%
2022$200,749 · 0.66%
Similar plansFinance & Insurance · Colorado
Credit Union of Colorado CO$60.2M · 0.03%
Bellco Credit Union CO$49.8M · 0.01%
Sturm Financial Group Inc. CO$49.7M · 0.07%
Hbw Holdings, Inc. CO$45.6M · 0.35%
Westerra Credit Union CO$41.7M · 0.30%
Cherry Creek Mortgage, LLC CO$38.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621796508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.