Plan Snapshot
- Plan Sponsor: Covia Holdings LLC
- Sponsor EIN: 132656671
- Sponsor Address: 3 SUMMIT PARK DRIVE, INDEPENDENCE, OH, 44131
- Plan Type: 401(k)
- Total Participants: 1,520
- Total Assets: $247.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 1,520 | $247.1M | $7.5M | $11.7M |
| 2023 | 1,559 | $240.8M | $7.4M | $10.9M |
| 2022 | 1,470 | $203.5M | $6.3M | $9.8M |
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 |
|---|---|---|---|---|
| MEADEN & MOORE, LTD. | Auditor | $17,500 | — | $17,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN & MOORE, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,500
- Estimated Expense Ratio: 0.007% 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 | $203,636 | $134,818 | $1,800 | $17,500 | — |
| 2023 | $218,278 | $73,578 | $1,500 | $16,200 | — |
| 2022 | $197,922 | $59,862 | — | — | — |