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Original filing (PDF)20251013125321NAL0000616435001
COVELLI ENTERPRISES, INC.
Form 5500
FILING_RECEIVED
COVELLI ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN & TRUST
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
1,903
Accounts w/ balance
2,360
Plan assets (EOY)
$56.4M
Net assets (EOY)
$56.4M
How this plan invests
This plan
29 pooled trusts
Schedule D
57 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 52 bps in Schedule C fees — 223% above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for COVELLI ENTERPRISES, INC..
Plan sponsor
Name
COVELLI ENTERPRISES, INC.
EIN
34-1724212
Address
3900 E MARKET ST · WARREN, OH · 444844632
Phone
(330) 856-3176
Industry
Accommodation & Food Servicessee all
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
2025-10-13
Pension benefit codes
2E · Profit-sharing
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
HOBE & LUCAS, CPAS, INC.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILSHIRE ADVISORS LLC | 95-2755361 | — | INVESTMENT ADVISORY | $0 | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $291K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EQUITABLE NETWORK LLC | 06-1555494 | — | OTHER SERVICES | $0 | — |
| EQUITABLE ADVISORS, LLC. | 13-4071393 | — | OTHER SERVICES | $0 | — |
| MORNINGSTAR INVESTMENT MANAGEMENT L | 36-4317381 | — | INV ADV, PARTICIPANTS | $0 | — |
Investments
44 direct securities · 29 pooled funds· $106.8M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$83.4M
41 holdings
Pooled Separate Account
$17.9M
15 holdings
Mutual Funds
$2.8M
2 holdings
Pooled Separate Accounts
$1.3M
1 holding
Common Collective Trust
$1.3M
14 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Blackrock Advisors LLC LifePath Index 2050 Fund | — | — | — | $5.7M | 10.1% | |
| Blackrock Advisors LLC LifePath Index 2055 Fund | — | — | — | $5.4M | 9.6% | |
| Principal Life Insurance Co. Time Hybrid Inc 2050 CIT | — | — | — | $5.0M | 8.9% | |
| PRIN LGCP S&P 500 INDEX SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 016 | Pooled Separate Account | — | — | $4.9M | 8.8% | |
| Blackrock Advisors LLC LifePath Index 2045 Fund | — | — | — | $4.8M | 8.4% | |
| Principal Life Insurance Co. Time Hybrid Inc 2055 CIT | — | — | — | $4.7M | 8.4% | |
| Principal Life Insurance Co. Time Hybrid Inc 2045 CIT | — | — | — | $4.1M | 7.3% | |
| Principal Global Investors LgCap S&P 500 Index Fund | — | — | — | $4.1M | 7.3% | |
| Blackrock Advisors LLC LifePath Index 2060 Fund | — | — | — | $4.0M | 7.1% | |
| Blackrock Advisors LLC LifePath Index 2040 Fund | — | — | — | $3.9M | 7.0% | |
| Blackrock Advisors LLC LifePath Index 2030 Fund | — | — | — | $3.8M | 6.7% | |
| Principal Life Insurance Co. Time Hybrid Inc 2060 CIT | — | — | — | $3.4M | 6.0% | |
| Principal Life Insurance Co. Time Hybrid Inc 2040 CIT | — | — | — | $3.4M | 6.0% | |
| Principal Life Insurance Co. Time Hybrid Inc 2030 CIT | — | — | — | $3.3M | 5.9% | |
| Blackrock Advisors LLC LifePath Index 2035 Fund | — | — | — | $2.7M | 4.9% | |
| PRIN MIDCAP VALUE I SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 043 | Pooled Separate Account | — | — | $2.5M | 4.3% | |
| Principal Life Insurance Co. Time Hybrid Inc 2035 CIT | — | — | — | $2.4M | 4.2% | |
| PRIN LARGECAP GROWTH I SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 066 | Pooled Separate Account | — | — | $2.3M | 4.2% | |
| and Other Investments Blackrock Advisors LLC LifePath Index Retirement Fund | Mutual Funds | — | — | $2.3M | 4.1% | |
| LA Capital Management Victory MidCap Value Fund | — | — | — | $2.3M | 4.1% | |
| Blackrock Advisors LLC LifePath Index 2065 Fund | — | — | — | $2.1M | 3.8% | |
| Principal Global Investors SmallCap Separate Fund | — | — | — | $2.1M | 3.7% | |
| PRINCIPAL SMALLCAP SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 029 | Pooled Separate Account | — | — | $1.8M | 3.3% | |
| T. Rowe Price LargeCap Growth Fund | — | — | — | $1.8M | 3.3% | |
| Party in Identity of issuer, borrower, maturity date, rate of interest, collateral, Interest lessor, or similar party par or maturity date Fair Value Common/Collective Trust * Principal Life Insurance Co. Stable Value Z Fund | — | — | — | $1.7M | 3.1% | |
| Principal Global Investors MidCap Separate Fund | — | — | — | $1.5M | 2.7% | |
| PRIN MIDCAP SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 020 | Pooled Separate Account | — | — | $1.5M | 2.7% | |
| Principal Life Insurance Co. Time Hybrid Inc 2025 CIT | — | — | — | $1.5M | 2.6% | |
| s * Principal Global Investors Core Plus Bond Separate Acct | Pooled Separate Accounts | — | — | $1.3M | 2.4% | |
| PRINCIPAL STABLE VALUE Z FUND PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 93-6274328 / PN 001 | Common Collective Trust | — | — | $1.3M | 2.4% | |
| Principal Life Insurance Co. Time Hybrid Inc 2065 CIT | — | — | — | $1.3M | 2.3% | |
| PRIN DIVERSIFIED INTL SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 015 | Pooled Separate Account | — | — | $1.3M | 2.2% | |
| PRIN CORE PLUS BOND SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 005 | Pooled Separate Account | — | — | $1.2M | 2.2% | |
| Principal Global Investors Diversified Intl Fund | — | — | — | $1.2M | 2.2% | |
| American Funds American Mutual R6 Fund | — | — | — | $1.1M | 1.9% | |
| Principal Global Investors Equity Income Separate Fund | — | — | — | $985K | 1.7% | |
| Principal Global Investors Real Estate US Property Fund | — | — | — | $920K | 1.6% | |
| PRINCIPAL U.S. PROPERTY SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 027 | Pooled Separate Account | — | — | $738K | 1.3% | |
| MFS Investment Management MFS Core Equity R6 Fund | — | — | — | $668K | 1.2% | |
| Principal Life Insurance Co. Time Hybrid Inc 2020 CIT | — | — | — | $608K | 1.1% | |
| and Other Investments MFS Investment Management MFS Core Equity R6 Fund | Mutual Funds | — | — | $503K | 0.9% | |
| LA Capital Management SmallCap Value II Fund | — | — | — | $451K | 0.8% | |
| PRIN SMCAP VALUE II SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 096 | Pooled Separate Account | — | — | $451K | 0.8% | |
| LA Capital Management SmallCap Value II Fund | — | — | — | $427K | 0.8% | |
| Vanguard Growth Index Adm Fund | — | — | — | $404K | 0.7% | |
| PRIN MIDCAP S&P 400 IDX SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 023 | Pooled Separate Account | — | — | $339K | 0.6% | |
| AB/Brown SmallCap Growth Fund | — | — | — | $330K | 0.6% | |
| PRIN SMCAP GROWTH I SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 070 | Pooled Separate Account | — | — | $330K | 0.6% | |
| Principal Global Investors MidCap S&P 400 Index Fund | — | — | — | $296K | 0.5% | |
| AB/Brown SmallCap Growth Fund | — | — | — | $294K | 0.5% | |
| PRIN SMCAP S&P 600 INDEX SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 028 | Pooled Separate Account | — | — | $234K | 0.4% | |
| PRIN INTL EQUITY INDEX SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 121 | Pooled Separate Account | — | — | $175K | 0.3% | |
| Principal Global Investors SmallCap S&P 600 Index Fund | — | — | — | $173K | 0.3% | |
| Party in Identity of issuer, borrower, maturity date, rate of interest, collateral, Interest lessor, or similar party par or maturity date Fair Value Fixed Funds * Principal Life Insurance Co. Fixed Income Guaranteed Option | — | — | — | $158K | 0.3% | |
| Principal Life Insurance Co. Time Hybrid Inc CIT | — | — | — | $146K | 0.3% | |
| Principal Global Investors International Equity Index Fund | — | — | — | $125K | 0.2% | |
| Principal Life Insurance Co. Time Hybrid Inc 2010 CIT - * Principal Life Insurance Co. Time Hybrid Inc 2015 CIT | — | — | — | $79K | 0.1% | |
| (E) | — | — | — | $64K | 0.1% | |
| PRIN LIQUID ASSETS SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 024 | Pooled Separate Account | — | — | $64K | 0.1% | |
| PRIN LIFETIME HYBR 2020 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 003 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2030 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 005 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2035 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 006 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2040 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 007 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2045 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 008 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2050 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 009 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2055 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 010 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR INC CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 011 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN EQUITY INCOME SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 120 | Pooled Separate Account | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2025 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 004 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2060 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 012 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2015 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 002 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYBR 2065 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 013 | Common Collective Trust | — | — | $0 | <0.1% | |
| PRIN LIFETIME HYB 2070 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 014 | Common Collective Trust | — | — | $0 | <0.1% |