# Covenant Management Systems, LP 401(k) Plan
Source: https://planprovider.pro/companies/covenant-management-systems-lp-401k-plan

> Covenant Management Systems, LP's 401(k) plan: 2,584 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Covenant Management Systems, LP

- **Sponsor EIN:** 742899856

- **Sponsor Address:** 6210 E HWY 290 SUITE 120, AUSTIN, TX, 78723

- **Plan Type:** 401(k)

- **Total Participants:** 2,584

- **Total Assets:** $414.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|2,584|$414.2M|$7.4M|$12.1M|

| 2023|2,443|$367.5M|$5.6M|$11.8M|

| 2022|2,313|$318.2M|$6.9M|$11.0M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| MILLIMAN, INC.|NONE|$297,517|—|$297,517|

| CAPFINANCIAL PARTNERS LLC|NONE|$69,250|—|$69,250|

| CHARLES SCHWAB TRUST BANK|NONE|$31|$41,114|$41,145|

| RICHARD P SLAUGHTER ASSOC INC|NONE|$17,282|—|$17,282|

| ARAMINO LLP|NONE|$16,800|—|$16,800|

| CLIFTONLARSONALLEN LLP|Auditor|$16,800|—|$16,800|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MILLIMAN, INC.](https://planprovider.pro/provider/milliman) — NONE

- [CHARLES SCHWAB TRUST BANK](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [RICHARD P SLAUGHTER ASSOC INC](https://planprovider.pro/provider/rps-retirement-plan-advisors) — NONE

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $458,794

- **Estimated Expense Ratio:** 0.111% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$408,447|$94,130|—|$16,800|—|

| 2023|$365,905|$81,269|—|$14,700|—|

| 2022|$395,188|—|—|—|$395,188|

## Similar Plans

- [Curana Health LLC](https://planprovider.pro/companies/curana-health-llc-plan) — 1,556 participants

- [C.L. Thomas, INC.](https://planprovider.pro/companies/c-l-thomas-inc-401k-plan) — 1,164 participants

- [Alabama Coushatta Tribe Of Texas](https://planprovider.pro/companies/alabama-coushatta-tribe-of-texas-401k-plan) — 674 participants

- [Iqeq Us Management Company, LLC](https://planprovider.pro/companies/iqeq-us-management-company-llc-401k-plan) — 582 participants

- [Access Healthcare Services Usa LLC](https://planprovider.pro/companies/access-healthcare-services-usa-l-401k-plan) — 367 participants

- [Remington College](https://planprovider.pro/companies/remington-college-401k-plan) — 352 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/covenant-management-systems-lp-401k-plan)

© 2026 PlanProvider.Pro