Plan Snapshot
- Plan Sponsor: Covington & Burling LLP
- Sponsor EIN: 530188411
- Sponsor Address: ONE CITYCENTER, WASHINGTON, DC, 20001
- Plan Type: 401(k)
- Total Participants: 2,086
- Total Assets: $1.7B
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 | 2,086 | $1.7B | $28.8M | $40.6M |
| 2023 | 2,000 | $1.5B | $26.2M | $37.2M |
| 2022 | 1,908 | $1.2B | $24.2M | $34.4M |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | $9,975 | — | $9,975 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,975
- Estimated Expense Ratio: 0.001% 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 | $637,419 | $449,056 | $14,963 | $9,975 | — |
| 2023 | $545,429 | $346,002 | $22,838 | — | — |
| 2022 | $519,857 | $327,120 | — | — | $17,325 |