Covert Manufacturing Inc.
Plan context: Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust
EIN 34-1059703 • Galion, OH • 50 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
221
2024 Assets
$8,075,651
2024 Contributions
$514,924
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 221 | $8,075,651 | $514,924 | $2,330iApproximate average salary by contribution assumption: employee only about $58,249 at 4% or $38,833 at 6%; with 50% employer match about $38,833 at 4% or $25,889 at 6%; with 100% employer match about $29,125 at 4% or $19,416 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 221 | $8,075,651 | $514,924 | $2,330iApproximate average salary by contribution assumption: employee only about $58,249 at 4% or $38,833 at 6%; with 50% employer match about $38,833 at 4% or $25,889 at 6%; with 100% employer match about $29,125 at 4% or $19,416 at 6%. |
| 2023 | 2 | 271 | $7,759,496 | $558,230 | $2,060iApproximate average salary by contribution assumption: employee only about $51,497 at 4% or $34,331 at 6%; with 50% employer match about $34,331 at 4% or $22,888 at 6%; with 100% employer match about $25,749 at 4% or $17,166 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 271 | $7,759,496 | $558,230 | $2,060iApproximate average salary by contribution assumption: employee only about $51,497 at 4% or $34,331 at 6%; with 50% employer match about $34,331 at 4% or $22,888 at 6%; with 100% employer match about $25,749 at 4% or $17,166 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 212 | - | - | - |
| 2022 | 2 | 254 | $7,254,409 | $624,781 | $2,460iApproximate average salary by contribution assumption: employee only about $61,494 at 4% or $40,996 at 6%; with 50% employer match about $40,996 at 4% or $27,331 at 6%; with 100% employer match about $30,747 at 4% or $20,498 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 254 | $7,254,409 | $624,781 | $2,460iApproximate average salary by contribution assumption: employee only about $61,494 at 4% or $40,996 at 6%; with 50% employer match about $40,996 at 4% or $27,331 at 6%; with 100% employer match about $30,747 at 4% or $20,498 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 225 | - | - | - |
| 2021 | 2 | 244 | $8,156,725 | $549,944 | $2,254iApproximate average salary by contribution assumption: employee only about $56,347 at 4% or $37,564 at 6%; with 50% employer match about $37,564 at 4% or $25,043 at 6%; with 100% employer match about $28,173 at 4% or $18,782 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 244 | $8,156,725 | $549,944 | $2,254iApproximate average salary by contribution assumption: employee only about $56,347 at 4% or $37,564 at 6%; with 50% employer match about $37,564 at 4% or $25,043 at 6%; with 100% employer match about $28,173 at 4% or $18,782 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 220 | - | - | - |
| 2020 | 2 | 227 | $10,532,768 | $658,457 | $2,901iApproximate average salary by contribution assumption: employee only about $72,517 at 4% or $48,345 at 6%; with 50% employer match about $48,345 at 4% or $32,230 at 6%; with 100% employer match about $36,259 at 4% or $24,172 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 201 | $10,532,768 | $658,457 | $3,276iApproximate average salary by contribution assumption: employee only about $81,898 at 4% or $54,598 at 6%; with 50% employer match about $54,598 at 4% or $36,399 at 6%; with 100% employer match about $40,949 at 4% or $27,299 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 227 | - | - | - |
| 2019 | 2 | 246 | $10,977,138 | $735,045 | $2,988iApproximate average salary by contribution assumption: employee only about $74,700 at 4% or $49,800 at 6%; with 50% employer match about $49,800 at 4% or $33,200 at 6%; with 100% employer match about $37,350 at 4% or $24,900 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 246 | $10,977,138 | $735,045 | $2,988iApproximate average salary by contribution assumption: employee only about $74,700 at 4% or $49,800 at 6%; with 50% employer match about $49,800 at 4% or $33,200 at 6%; with 100% employer match about $37,350 at 4% or $24,900 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 218 | - | - | - |
| 2018 | 2 | 269 | $9,481,893 | $667,184 | $2,480iApproximate average salary by contribution assumption: employee only about $62,006 at 4% or $41,337 at 6%; with 50% employer match about $41,337 at 4% or $27,558 at 6%; with 100% employer match about $31,003 at 4% or $20,669 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 207 | $9,481,893 | $667,184 | $3,223iApproximate average salary by contribution assumption: employee only about $80,578 at 4% or $53,719 at 6%; with 50% employer match about $53,719 at 4% or $35,812 at 6%; with 100% employer match about $40,289 at 4% or $26,859 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 269 | - | - | - |
| 2017 | 2 | 247 | $9,813,896 | $596,405 | $2,415iApproximate average salary by contribution assumption: employee only about $60,365 at 4% or $40,243 at 6%; with 50% employer match about $40,243 at 4% or $26,829 at 6%; with 100% employer match about $30,182 at 4% or $20,122 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 191 | $9,813,896 | $596,405 | $3,123iApproximate average salary by contribution assumption: employee only about $78,063 at 4% or $52,042 at 6%; with 50% employer match about $52,042 at 4% or $34,695 at 6%; with 100% employer match about $39,032 at 4% or $26,021 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 247 | - | - | - |
| 2016 | 2 | 420 | $9,079,440 | $631,594 | $1,504iApproximate average salary by contribution assumption: employee only about $37,595 at 4% or $25,063 at 6%; with 50% employer match about $25,063 at 4% or $16,709 at 6%; with 100% employer match about $18,797 at 4% or $12,532 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 202 | $9,079,440 | $631,594 | $3,127iApproximate average salary by contribution assumption: employee only about $78,168 at 4% or $52,112 at 6%; with 50% employer match about $52,112 at 4% or $34,741 at 6%; with 100% employer match about $39,084 at 4% or $26,056 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 420 | - | - | - |
| 2015 | 2 | 369 | $8,614,053 | $672,285 | $1,822iApproximate average salary by contribution assumption: employee only about $45,548 at 4% or $30,365 at 6%; with 50% employer match about $30,365 at 4% or $20,243 at 6%; with 100% employer match about $22,774 at 4% or $15,183 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 222 | $8,614,053 | $672,285 | $3,028iApproximate average salary by contribution assumption: employee only about $75,708 at 4% or $50,472 at 6%; with 50% employer match about $50,472 at 4% or $33,648 at 6%; with 100% employer match about $37,854 at 4% or $25,236 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 369 | - | - | - |
| 2014 | 2 | 251 | $8,426,831 | $783,523 | $3,122iApproximate average salary by contribution assumption: employee only about $78,040 at 4% or $52,027 at 6%; with 50% employer match about $52,027 at 4% or $34,685 at 6%; with 100% employer match about $39,020 at 4% or $26,013 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 245 | $8,426,831 | $783,523 | $3,198iApproximate average salary by contribution assumption: employee only about $79,951 at 4% or $53,301 at 6%; with 50% employer match about $53,301 at 4% or $35,534 at 6%; with 100% employer match about $39,976 at 4% or $26,650 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 251 | - | - | - |
| 2013 | 2 | 285 | $7,934,443 | $767,283 | $2,692iApproximate average salary by contribution assumption: employee only about $67,306 at 4% or $44,870 at 6%; with 50% employer match about $44,870 at 4% or $29,914 at 6%; with 100% employer match about $33,653 at 4% or $22,435 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 243 | $7,934,443 | $767,283 | $3,158iApproximate average salary by contribution assumption: employee only about $78,939 at 4% or $52,626 at 6%; with 50% employer match about $52,626 at 4% or $35,084 at 6%; with 100% employer match about $39,469 at 4% or $26,313 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 285 | - | - | - |
| 2012 | 2 | 308 | $6,767,902 | $698,098 | $2,267iApproximate average salary by contribution assumption: employee only about $56,664 at 4% or $37,776 at 6%; with 50% employer match about $37,776 at 4% or $25,184 at 6%; with 100% employer match about $28,332 at 4% or $18,888 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 233 | $6,767,902 | $698,098 | $2,996iApproximate average salary by contribution assumption: employee only about $74,903 at 4% or $49,935 at 6%; with 50% employer match about $49,935 at 4% or $33,290 at 6%; with 100% employer match about $37,452 at 4% or $24,968 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 308 | - | - | - |
| 2011 | 2 | 291 | $5,998,553 | $537,507 | $1,847iApproximate average salary by contribution assumption: employee only about $46,178 at 4% or $30,785 at 6%; with 50% employer match about $30,785 at 4% or $20,523 at 6%; with 100% employer match about $23,089 at 4% or $15,393 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 193 | $5,998,553 | $537,507 | $2,785iApproximate average salary by contribution assumption: employee only about $69,625 at 4% or $46,417 at 6%; with 50% employer match about $46,417 at 4% or $30,945 at 6%; with 100% employer match about $34,813 at 4% or $23,208 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 291 | - | - | - |
| 2010 | 2 | 252 | $6,162,304 | $385,606 | $1,530iApproximate average salary by contribution assumption: employee only about $38,255 at 4% or $25,503 at 6%; with 50% employer match about $25,503 at 4% or $17,002 at 6%; with 100% employer match about $19,127 at 4% or $12,752 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 188 | $6,162,304 | $385,606 | $2,051iApproximate average salary by contribution assumption: employee only about $51,277 at 4% or $34,185 at 6%; with 50% employer match about $34,185 at 4% or $22,790 at 6%; with 100% employer match about $25,639 at 4% or $17,092 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 252 | - | - | - |
| 2009 | 2 | 195 | $5,505,967 | $380,033 | $1,949iApproximate average salary by contribution assumption: employee only about $48,722 at 4% or $32,481 at 6%; with 50% employer match about $32,481 at 4% or $21,654 at 6%; with 100% employer match about $24,361 at 4% or $16,241 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 186 | $5,505,967 | $380,033 | $2,043iApproximate average salary by contribution assumption: employee only about $51,080 at 4% or $34,053 at 6%; with 50% employer match about $34,053 at 4% or $22,702 at 6%; with 100% employer match about $25,540 at 4% or $17,027 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 195 | - | - | - |
| 2008 | 2 | 259 | $4,735,923 | $638,601 | $2,466iApproximate average salary by contribution assumption: employee only about $61,641 at 4% or $41,094 at 6%; with 50% employer match about $41,094 at 4% or $27,396 at 6%; with 100% employer match about $30,821 at 4% or $20,547 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 259 | $4,735,923 | $638,601 | $2,466iApproximate average salary by contribution assumption: employee only about $61,641 at 4% or $41,094 at 6%; with 50% employer match about $41,094 at 4% or $27,396 at 6%; with 100% employer match about $30,821 at 4% or $20,547 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 182 | - | - | - |
| 2007 | 2 | 253 | $6,319,473 | $535,039 | $2,115iApproximate average salary by contribution assumption: employee only about $52,869 at 4% or $35,246 at 6%; with 50% employer match about $35,246 at 4% or $23,498 at 6%; with 100% employer match about $26,435 at 4% or $17,623 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 198 | $6,319,473 | $535,039 | $2,702iApproximate average salary by contribution assumption: employee only about $67,555 at 4% or $45,037 at 6%; with 50% employer match about $45,037 at 4% or $30,025 at 6%; with 100% employer match about $33,778 at 4% or $22,518 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 253 | - | - | - |
| 2006 | 2 | 194 | $5,609,990 | $530,710 | $2,736iApproximate average salary by contribution assumption: employee only about $68,390 at 4% or $45,594 at 6%; with 50% employer match about $45,594 at 4% or $30,396 at 6%; with 100% employer match about $34,195 at 4% or $22,797 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 180 | $5,609,990 | $530,710 | $2,948iApproximate average salary by contribution assumption: employee only about $73,710 at 4% or $49,140 at 6%; with 50% employer match about $49,140 at 4% or $32,760 at 6%; with 100% employer match about $36,855 at 4% or $24,570 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 194 | - | - | - |
| 2005 | 2 | 206 | $4,820,563 | $461,487 | $2,240iApproximate average salary by contribution assumption: employee only about $56,006 at 4% or $37,337 at 6%; with 50% employer match about $37,337 at 4% or $24,891 at 6%; with 100% employer match about $28,003 at 4% or $18,669 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 161 | $4,820,563 | $461,487 | $2,866iApproximate average salary by contribution assumption: employee only about $71,659 at 4% or $47,773 at 6%; with 50% employer match about $47,773 at 4% or $31,849 at 6%; with 100% employer match about $35,830 at 4% or $23,886 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 206 | - | - | - |
| 2004 | 2 | 192 | $4,125,323 | $519,401 | $2,705iApproximate average salary by contribution assumption: employee only about $67,630 at 4% or $45,087 at 6%; with 50% employer match about $45,087 at 4% or $30,058 at 6%; with 100% employer match about $33,815 at 4% or $22,543 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 142 | $4,125,323 | $519,401 | $3,658iApproximate average salary by contribution assumption: employee only about $91,444 at 4% or $60,963 at 6%; with 50% employer match about $60,963 at 4% or $40,642 at 6%; with 100% employer match about $45,722 at 4% or $30,481 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 192 | - | - | - |
| 2003 | 2 | 181 | $3,433,779 | $363,350 | $2,007iApproximate average salary by contribution assumption: employee only about $50,186 at 4% or $33,458 at 6%; with 50% employer match about $33,458 at 4% or $22,305 at 6%; with 100% employer match about $25,093 at 4% or $16,729 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 132 | $3,433,779 | $363,350 | $2,753iApproximate average salary by contribution assumption: employee only about $68,816 at 4% or $45,878 at 6%; with 50% employer match about $45,878 at 4% or $30,585 at 6%; with 100% employer match about $34,408 at 4% or $22,939 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 181 | - | - | - |
| 2002 | 2 | 146 | $2,691,970 | $354,887 | $2,431iApproximate average salary by contribution assumption: employee only about $60,768 at 4% or $40,512 at 6%; with 50% employer match about $40,512 at 4% or $27,008 at 6%; with 100% employer match about $30,384 at 4% or $20,256 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 131 | $2,691,970 | $354,887 | $2,709iApproximate average salary by contribution assumption: employee only about $67,727 at 4% or $45,151 at 6%; with 50% employer match about $45,151 at 4% or $30,101 at 6%; with 100% employer match about $33,863 at 4% or $22,576 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 146 | - | - | - |
| 2001 | 2 | 130 | $0 | $0 | - |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 124 | - | - | - |
| Covert Manufacturing Inc. Health Plan | - | 130 | - | - | - |
| 2000 | 2 | 121 | $3,126,544 | $389,845 | $3,222iApproximate average salary by contribution assumption: employee only about $80,546 at 4% or $53,698 at 6%; with 50% employer match about $53,698 at 4% or $35,798 at 6%; with 100% employer match about $40,273 at 4% or $26,849 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 117 | $3,126,544 | $389,845 | $3,332iApproximate average salary by contribution assumption: employee only about $83,300 at 4% or $55,533 at 6%; with 50% employer match about $55,533 at 4% or $37,022 at 6%; with 100% employer match about $41,650 at 4% or $27,767 at 6%. |
| Covert Manufacturing Inc. Health Plan | - | 121 | - | - | - |
| 1999 | 1 | 120 | $3,087,389 | $423,407 | $3,528iApproximate average salary by contribution assumption: employee only about $88,210 at 4% or $58,807 at 6%; with 50% employer match about $58,807 at 4% or $39,204 at 6%; with 100% employer match about $44,105 at 4% or $29,403 at 6%. |
| Covert Manufacturing Inc. Employees 401K Profit Sharing Plan and Trust | - | 120 | $3,087,389 | $423,407 | $3,528iApproximate average salary by contribution assumption: employee only about $88,210 at 4% or $58,807 at 6%; with 50% employer match about $58,807 at 4% or $39,204 at 6%; with 100% employer match about $44,105 at 4% or $29,403 at 6%. |