Plan Snapshot
- Plan Sponsor: Covetrus, INC.
- Sponsor EIN: 831448706
- Sponsor Address: 400 METRO PLACE NORTH, DUBLIN, OH, 430170753
- Plan Type: 401(k)
- Total Participants: 2,661
- Total Assets: $289.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 2,661 | $289.6M | $9.0M | $20.6M |
| 2023 | 2,977 | $274.7M | $9.1M | $20.4M |
| 2022 | 2,940 | $232.9M | $9.1M | $19.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $231,619 | — | $231,619 |
| COOK STREET CONSULTING INC | Recordkeeper | $79,567 | — | $79,567 |
| BDO US LLP | Auditor | $33,000 | — | $33,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $27,562 | — | $27,562 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- COOK STREET CONSULTING INC — Recordkeeper
- BDO US LLP — Auditor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $371,748
- Estimated Expense Ratio: 0.128% 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 | $371,331 | $27,562 | $1,800 | $33,000 | — |
| 2023 | $327,266 | $16,480 | — | — | — |
| 2022 | $341,166 | $7,853 | — | — | — |