How big is Kovalus Separation Solutions, LLC's plan?

Kovalus Separation Solutions, LLC's plan reported $55.9M in assets and 444 participants for 2024.

Original filing (PDF)20251222082635NAL0005208179001

Kovalus Separation Solutions, LLC

Name: Kovalus Separation Solutions, LLC — Kovalus 401(k), Form 5500 (2024)
Creator: Kovalus Separation Solutions, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Kovalus 401(k) Savings Plan

401(k) retirement plan · Kovalus Separation Solutions, LLC's Kovalus 401(k) Savings Plan held $55.9M in plan assets for 444 participants in 2024, with Fidelity as recordkeeper.

Signals · 4

Late filing · 1.2 moLate participant contributionsNon-clean audit opinionSelf-directed brokerage offered

Active participants

444

Accounts w/ balance

496

Plan assets (EOY)

$55.9M

Net assets (EOY)

$55.9M

People on this filing

Daniel Sutherby signed Kovalus Separation Solutions, LLC's 2024 Form 5500 as plan administrator.

Daniel Sutherby — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Kovalus Separation Solutions, LLC's EIN is 22-3011666.

EIN 22-3011666

Plan number 001

Plan year 2024

ACK ID 20251222082635NAL0005208179001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Kovalus Separation Solutions, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Kovalus Separation Solutions, LLC's plan includes automatic enrollment, a self-directed brokerage window, a default investment (QDIA), profit-sharing, ERISA 404(c) participant direction, a 401(k) feature.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for KOVALUS SEPARATION SOLUTIONS, LLC.

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How this plan invests

This plan

30 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Filed 1.2 months past the 10.5-month grace window.
Delinquent participant contributions reported (Schedule H 4a) — 18K (0% of contributions).
Auditor issued a qualified / adverse / disclaimer opinion.

Plan sponsor

Name

KOVALUS SEPARATION SOLUTIONS, LLC

EIN

all filings

Address

850 MAIN STREET · WILMINGTON, MA · 01877

Phone

(978) 694-7000

Industry

Manufacturing

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-12-22

Pension benefit codes

2S · Automatic enrollment

3D · Pre-approved plan (master / prototype / VS)

2R · Participant-directed brokerage (SDBA)

3H · Sponsor in controlled / affiliated group

2T · Default investment account (QDIA)

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$47K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
STRATEGIC ADVISORS, INC.	04-2654524	—	ADVISOR	$36K	—

Investments

30 direct securities· $66.6M(100% of reported assets)

Mutual Funds

$59.4M

24 holdings

Common Collective Trusts

$5.9M

3 holdings

Bonds / Notes

$1.1M

1 holding

Self-Directed Brokerage

$188K

1 holding

Other securities

$37K

1 holding

					% of plan
Fidelity Freedom Index 2025 IPR Mutual Fund	Mutual Funds	—	—	$11.2M	20.0%
Fidelity Freedom Index 2030 IPR Mutual Fund	Mutual Funds	—	—	$8.9M	16.0%
Fidelity Freedom Index 2035 IPR Mutual Fund	Mutual Funds	—	—	$6.4M	11.4%
Fidelity Freedom Index 2045 IPR Mutual Fund	Mutual Funds	—	—	$6.1M	10.9%
Fidelity Freedom Index 2040 IPR Mutual Fund	Mutual Funds	—	—	$5.4M	9.7%
Fidelity Freedom Index 2050 IPR Mutual Fund	Mutual Funds	—	—	$4.1M	7.4%
Fidelity 500 Index Mutual Fund	Common Collective Trusts	—	—	$3.9M	7.0%
Fidelity Large Cap Growth Index Mutual Fund	Mutual Funds	—	—	$3.6M	6.5%
Fidelity Us Bond Index Mutual Fund	Mutual Funds	—	—	$2.4M	4.2%
Fidelity Freedom Index 2060 IPR Mutual Fund	Mutual Funds	—	—	$1.7M	3.0%
Fidelity Large Cap Value Index Mutual Fund	Mutual Funds	—	—	$1.4M	2.6%
Fidelity International Index Mutual Fund	Mutual Funds	—	—	$1.4M	2.5%
Fidelity Freedom Index 2055 IPR Mutual Fund	Mutual Funds	—	—	$1.3M	2.4%
Participant Loans Interest Rate (4.25% to 9.50%) 0	Bonds / Notes	—	—	$1.1M	1.9%
Fidelity Emerging Markets Index Mutual Fund	Mutual Funds	—	—	$1.0M	1.8%
Fidelity Total Market Index Mutual Fund	Common Collective Trusts	—	—	$1.0M	1.8%
Fidelity Global ex U.S. Index Fund Mutual Fund	Common Collective Trusts	—	—	$937K	1.7%
Fidelity Mid Cap Index Mutual Fund	Mutual Funds	—	—	$897K	1.6%
Fidelity Freedom Index 2020 IPR Mutual Fund	Mutual Funds	—	—	$648K	1.2%
Fidelity Freedom Index Inc IPR Mutual Fund	Mutual Funds	—	—	$644K	1.2%
Fidelity Freedom Index 2005 IPR Mutual Fund	Mutual Funds	—	—	$591K	1.1%
Fidelity Freedom Index 2065 IPR Mutual Fund	Mutual Funds	—	—	$439K	0.8%
Fidelity Balanced K6 Mutual Fund	Mutual Funds	—	—	$350K	0.6%
Fidelity Government Money Market K6 Mutual Fund	Mutual Funds	—	—	$346K	0.6%
Fidelity Small Cap Index Mutual Fund	Mutual Funds	—	—	$344K	0.6%
Brokerage Link External Fund Self-Directed Brokerage Accounts	Self-Directed Brokerage	—	—	$188K	0.3%
Fidelity Freedom Index 2010 IPR Mutual Fund	Mutual Funds	—	—	$123K	0.2%
Includes $36,925 of mutual funds considered party-in-interest as defined by ERISA.	Other securities	—	—	$37K	<0.1%
Fidelity Freedom Index 2015 IPR Mutual Fund	Mutual Funds	—	—	$29K	<0.1%
Fidelity Freedom Index 2070 IPR Mutual Fund	Mutual Funds	—	—	$5K	<0.1%