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Original filing (PDF)20251014112308NAL0002743537001
COVALENT GROUP, INC.
Form 5500
FILING_RECEIVED
COVALENT GROUP 401(K) PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
492
Accounts w/ balance
13
Plan assets (EOY)
$23.9M
Net assets (EOY)
$23.9M
How this plan invests
This plan
1 pooled trust
Schedule D
32 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 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
100
Vendor stack
80
Participation health
65
Knocking points off
- No recordkeeper disclosed on Schedule C.
- Only 3% as many balances as active participants — suggests many active employees aren't deferring.
Helping the score
- Below-peer total fees (4 bps vs 29 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for COVALENT GROUP, INC..
Plan sponsor
Name
COVALENT GROUP, INC.
EIN
83-2556861
Address
1441 WEST INNOVATION WAY · SUITE 500 · LEHI, UT · 84043
Phone
(888) 881-7576
Industry
Retail Tradesee 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
2025-10-14
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2R · Participant-directed brokerage (SDBA)
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
TANNER LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY WORKPLACE SERVICES LLC | 04-3532603 | — | PLAN ADMINISTRATOR | $10K | — |
Investments
31 direct securities · 1 pooled fund· $23.9M(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
$19.7M
29 holdings
Mutual Funds
$3.9M
1 holding
Common Collective Trust
$239K
1 holding
Common Stocks
$117K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| s * Fidelity FID FDM IDX 2055 PRM | Mutual Funds | — | — | $3.9M | 16.2% | |
| Fidelity FID FDM IDX 2050 PRM | — | — | — | $3.3M | 14.0% | |
| Fidelity FID 500 INDEX | — | — | — | $2.9M | 12.1% | |
| Fidelity FID FDM IDX 2045 PRM | — | — | — | $2.5M | 10.4% | |
| Fidelity FID FDM IDX 2060 PRM | — | — | — | $2.4M | 9.9% | |
| Fidelity FID FDM IDX 2040 PRM | — | — | — | $1.6M | 6.9% | |
| Fidelity FID FDM IDX 2035 PRM | — | — | — | $1.1M | 4.6% | |
| T. Rowe Price TRP LARGE-CAP GRTH I | — | — | — | $714K | 3.0% | |
| Fidelity FID FDM IDX 2065 PRM | — | — | — | $679K | 2.8% | |
| American Funds AF EUROPAC GROWTH R6 | — | — | — | $633K | 2.6% | |
| JP Morgan JPM EQUITY INCOME R6 | — | — | — | $474K | 2.0% | |
| Fidelity FID MID CAP IDX | — | — | — | $375K | 1.6% | |
| JP Morgan JPM CORE BOND R6 | — | — | — | $271K | 1.1% | |
| American Funds AF NEW WORLD R6 | — | — | — | $263K | 1.1% | |
| Victory Capital VICTORY S EST VAL R6 | — | — | — | $262K | 1.1% | |
| PGIM Investments PGIM TOTAL RTN BD R6 | — | — | — | $253K | 1.1% | |
| Fidelity FID TOTAL INTL IDX | — | — | — | $252K | 1.1% | |
| Fidelity FID SM CAP IDX | — | — | — | $245K | 1.0% | |
| Notes receivable from participants Participant loans, maturing through May 2051 at interest rates of 4.25% - 9.50% -0- | — | — | — | $245K | 1.0% | |
| JP Morgan UM BEHAVIORAL VAL R6 | — | — | — | $242K | 1.0% | |
| GG G RETIRE INC F35 GREAT GRAY TRUST COMPANY · EIN 20-5886387 / PN 082 | Common Collective Trust | — | — | $239K | 1.0% | |
| Fidelity FID FDM IDX 2025 PRM | — | — | — | $233K | 1.0% | |
| Fidelity FID TOTAL MKT IDX | — | — | — | $189K | 0.8% | |
| Carillon Family of Funds CRLN E MID CAP GR R6 | — | — | — | $164K | 0.7% | |
| Janus Henderson J H TRITON N | — | — | — | $134K | 0.6% | |
| Fidelity Fund Self-Directed Accounts * Fidelity Brokeragelink -0- | Common Stocks | — | — | $117K | 0.5% | |
| Fidelity FID FDM IDX 2030 PRM | — | — | — | $94K | 0.4% | |
| Principal Funds PIF REAL EST SEC R6 | — | — | — | $93K | 0.4% | |
| Fidelity FID FDM IDX 2020 PRM | — | — | — | $29K | 0.1% | |
| Fidelity FID FDM IDX 2015 PRM | — | — | — | $6K | <0.1% | |
| Fidelity Brokeragelink Fidelity Fund Self-Directed Accounts | — | — | — | $2K | <0.1% | |
| Cash and Cash Equivalents * Fidelity Brokeragelink Fidelity Fund Self-Directed Accounts -0- | — | — | — | $1K | <0.1% |
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