Employers › Covetrus
Recordkeeping fees per participant · Covetrus 401(k) Retirement Savings Plan · plan year 2024
$61.27
Higher than 66% of the 1,697 plans $250M to 1B that report it.
= $229,402 / 3,744
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251006091837NAL0001752291001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006091837NAL0001752291001, received 2025-10-06
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-06.
Administrative expenses excluding investment management, per participant
$91.82
Higher than 71% of the 2,324 plans $250M to 1B that report it.
= $343,769 / 3,744
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006091837NAL0001752291001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006091837NAL0001752291001, received 2025-10-06
Administrative expenses per participant
$99.18
Higher than 58% of the 2,405 plans $250M to 1B that report it.
= $371,331 / 3,744
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006091837NAL0001752291001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006091837NAL0001752291001, received 2025-10-06
Administrative expenses as a share of assets
0.128%
Higher than 77% of the 2,407 plans $250M to 1B that report it.
= $371,331 / $289,625,440
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006091837NAL0001752291001, received 2025-10-06
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006091837NAL0001752291001, received 2025-10-06
Employer contributions per participant
$2,392
Higher than 35% of the 2,457 plans $250M to 1B that report it.
= $8,955,197 / 3,744
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006091837NAL0001752291001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006091837NAL0001752291001, received 2025-10-06
Employer share of total contributions
28.2%
Higher than 40% of the 2,459 plans $250M to 1B that report it.
= $8,955,197 / $31,800,586
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006091837NAL0001752291001, received 2025-10-06
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006091837NAL0001752291001, received 2025-10-06
Plan terms are described in Covetrus, Inc.'s SEC filings: Form 10-K filed 2022-02-28. No term could be quoted from them with the required precision.
2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2F ERISA 404(c) plan · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251006091837NAL0001752291001, received 2025-10-06
| Field | Value | Source |
|---|---|---|
| Plan sponsor | COVETRUS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Plan name | COVETRUS 401(K) RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Sponsor EIN / plan number | 83-1448706 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Sponsor location | DUBLIN, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Industry (business code) | 424990, Wholesale trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Filing received | 2025-10-06 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Participants, beginning of year | 4,029 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Active participants | 2,661 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Participants, end of year | 3,825 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Participants with an account balance | 3,744 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Total assets, beginning of year | $274,741,795 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Total assets, end of year | $289,625,440 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Net assets, end of year | $289,625,440 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Total income | $75,838,014 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Net income | $14,883,645 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Employer contributions | $8,955,197 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Participant contributions | $20,639,170 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Other contributions (incl. rollovers) | $2,206,219 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Total contributions | $31,800,586 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Benefit payments | $60,583,059 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Total expenses (incl. benefit payments) | $60,954,369 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Total administrative expenses | $371,331 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Contract administrator fees | $1,800 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Recordkeeping fees | $229,402 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| IQPA audit fees | $33,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Investment advisory and management fees | $27,562 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Administrative expenses excluding investment management | $343,769 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Held in common/collective trusts | $222,768,096 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Held in mutual funds | $60,569,125 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251006091837NAL0001752291001, received 2025-10-06 |
| Independent auditor | BDO USA P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251006091837NAL0001752291001, received 2025-10-06 |
Position = column in the DOL layout for form year 2024. Filing 20251006091837NAL0001752291001, received 2025-10-06.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $231,619 | yes |
| COOK STREET CONSULTING INC | CONSULTANT | 16 Consulting (general) | $79,567 | no |
| BDO US LLP | AUDITOR | 10 Accounting (including auditing) | $33,000 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $27,562 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251006091837NAL0001752291001, received 2025-10-06.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $274,741,795 | $289,625,440 | 5.4% |
| Participants with a balance | 3,923 | 3,744 | -4.6% |
| Administrative expenses | $327,266 | $371,331 | 13.5% |
| Recordkeeping fees per participant | $59.53 | $61.27 | 2.9% |
| Employer contributions | $9,139,394 | $8,955,197 | -2.0% |
Prior filing 20241015104345NAL0016167315001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: COVETRUS, INC.; SEC registrant: COVETRUS, INC. (CIK 1752836, matched by EIN).