The Covalent Foundation
Plan context: The Covalent Foundation 401K
EIN 47-5067002 • Reston, VA • 9 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
2
2024 Assets
$111,240
2024 Contributions
$2,770
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 | 2 | $111,240 | $0 | - |
| The Covalent Foundation 401K | - | 2 | $111,240 | - | - |
| 2023 | 1 | 2 | $97,876 | $2,770 | $1,385iApproximate average salary by contribution assumption: employee only about $34,625 at 4% or $23,083 at 6%; with 50% employer match about $23,083 at 4% or $15,389 at 6%; with 100% employer match about $17,313 at 4% or $11,542 at 6%. |
| The Covalent Foundation 401K | - | 2 | $97,876 | $2,770 | $1,385iApproximate average salary by contribution assumption: employee only about $34,625 at 4% or $23,083 at 6%; with 50% employer match about $23,083 at 4% or $15,389 at 6%; with 100% employer match about $17,313 at 4% or $11,542 at 6%. |
| 2022 | 1 | 2 | $78,915 | $4,000 | $2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%. |
| The Covalent Foundation 401K | - | 2 | $78,915 | $4,000 | $2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%. |
| 2021 | 1 | 2 | $93,380 | $5,600 | $2,800iApproximate average salary by contribution assumption: employee only about $70,000 at 4% or $46,667 at 6%; with 50% employer match about $46,667 at 4% or $31,111 at 6%; with 100% employer match about $35,000 at 4% or $23,333 at 6%. |
| The Covalent Foundation 401K | - | 2 | $93,380 | $5,600 | $2,800iApproximate average salary by contribution assumption: employee only about $70,000 at 4% or $46,667 at 6%; with 50% employer match about $46,667 at 4% or $31,111 at 6%; with 100% employer match about $35,000 at 4% or $23,333 at 6%. |
| 2020 | 1 | 2 | $74,938 | $5,600 | $2,800iApproximate average salary by contribution assumption: employee only about $70,000 at 4% or $46,667 at 6%; with 50% employer match about $46,667 at 4% or $31,111 at 6%; with 100% employer match about $35,000 at 4% or $23,333 at 6%. |
| The Covalent Foundation 401K | - | 2 | $74,938 | $5,600 | $2,800iApproximate average salary by contribution assumption: employee only about $70,000 at 4% or $46,667 at 6%; with 50% employer match about $46,667 at 4% or $31,111 at 6%; with 100% employer match about $35,000 at 4% or $23,333 at 6%. |
| 2019 | 1 | 2 | $58,051 | $3,692 | $1,846iApproximate average salary by contribution assumption: employee only about $46,150 at 4% or $30,767 at 6%; with 50% employer match about $30,767 at 4% or $20,511 at 6%; with 100% employer match about $23,075 at 4% or $15,383 at 6%. |
| The Covalent Foundation 401K | - | 2 | $58,051 | $3,692 | $1,846iApproximate average salary by contribution assumption: employee only about $46,150 at 4% or $30,767 at 6%; with 50% employer match about $30,767 at 4% or $20,511 at 6%; with 100% employer match about $23,075 at 4% or $15,383 at 6%. |
| 2018 | 1 | 2 | $43,352 | $0 | - |
| The Covalent Foundation 401K | - | 2 | $43,352 | - | - |
| 2017 | 1 | 2 | $47,126 | $13,423 | $6,712iApproximate average salary by contribution assumption: employee only about $167,788 at 4% or $111,858 at 6%; with 50% employer match about $111,858 at 4% or $74,572 at 6%; with 100% employer match about $83,894 at 4% or $55,929 at 6%. |
| The Covalent Foundation 401K | - | 2 | $47,126 | $13,423 | $6,712iApproximate average salary by contribution assumption: employee only about $167,788 at 4% or $111,858 at 6%; with 50% employer match about $111,858 at 4% or $74,572 at 6%; with 100% employer match about $83,894 at 4% or $55,929 at 6%. |
| 2016 | 1 | 2 | $26,202 | $25,215 | $12,608iApproximate average salary by contribution assumption: employee only about $315,188 at 4% or $210,125 at 6%; with 50% employer match about $210,125 at 4% or $140,083 at 6%; with 100% employer match about $157,594 at 4% or $105,063 at 6%. |
| The Covalent Foundation 401K | - | 2 | $26,202 | $25,215 | $12,608iApproximate average salary by contribution assumption: employee only about $315,188 at 4% or $210,125 at 6%; with 50% employer match about $210,125 at 4% or $140,083 at 6%; with 100% employer match about $157,594 at 4% or $105,063 at 6%. |