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JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN 401k Plan overview

Plan NameJOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN
Plan identification number 001

JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

JOHN L. COVERT, D.D.S., P.A. has sponsored the creation of one or more 401k plans.

Company Name:JOHN L. COVERT, D.D.S., P.A.
Employer identification number (EIN):742787113
NAIC Classification:621210
NAIC Description:Offices of Dentists

Additional information about JOHN L. COVERT, D.D.S., P.A.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2001-01-01
Company Identification Number: 0082208403
Legal Registered Office Address: 7701 TEZEL RD

SAN ANTONIO
United States of America (USA)
78250

More information about JOHN L. COVERT, D.D.S., P.A.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOHN COVERT2024-10-02
0012022-01-01JOHN COVERT2023-09-07 JOHN COVERT2023-09-07
0012022-01-01JOHN COVERT2023-10-19 JOHN COVERT2023-10-19
0012021-01-01JOHN COVERT2022-10-07
0012020-01-01JOHN COVERT2021-07-20
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012014-01-01
0012013-01-01
0012012-01-01LAURIEN SALESBERRY2013-10-01
0012011-01-01LAURIEN SALESBERRY2012-10-03
0012010-01-01LAURIEN SALESBERRY2011-10-10

Plan Statistics for JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN

401k plan membership statisitcs for JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN

Measure Date Value
2025: JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-1516
Total number of particpants at end of year2025-09-1512
Number of Participants With Account Balances2025-09-1511
2024: JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-0318
Total number of particpants at end of year2024-10-0316
Number of Participants With Account Balances2024-10-0316
2022: JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-0713
Total number of particpants at end of year2022-10-0713
Number of Participants With Account Balances2022-10-0713

Financial Data on JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN

Measure Date Value
2025 : JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-1525505
Net assets as of the end of the plan year2025-09-152108499
Total assets as of the beginning of the plan year2025-09-151907203
Value of plan covered by a fidelity bond2025-09-15200000
Participant contributions to plan in this plan year2025-09-1553181
Other income to plan in this plan year2025-09-15146666
Plan net income in this plan year2025-09-15201296
Net assets as of the end of the plan year2025-09-152108499
Net assets as of the beginning of the plan year2025-09-151907203
Employer contributions to plan in this plan year2025-09-1526954
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-1518016
2024 : JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-10-030
Total expenses incurred by plan in this plan year2024-10-0328804
Net assets as of the end of the plan year2024-10-031907203
Total assets as of the beginning of the plan year2024-10-031678768
Value of plan covered by a fidelity bond2024-10-03200000
Participant contributions to plan in this plan year2024-10-0362352
Other income to plan in this plan year2024-10-03167642
Plan net income in this plan year2024-10-03228435
Net assets as of the end of the plan year2024-10-031907203
Net assets as of the beginning of the plan year2024-10-031678768
Employer contributions to plan in this plan year2024-10-0327245
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0315827
2022 : JOHN L. COVERT, D.D.S., P.A. PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-070
Total liabilities as of the end of the plan year2022-10-070
Total liabilities as of the beginning of the plan year2022-10-070
Total expenses incurred by plan in this plan year2022-10-07103359
Net assets as of the end of the plan year2022-10-071879902
Total assets as of the beginning of the plan year2022-10-071773407
Value of plan covered by a fidelity bond2022-10-07200000
Participant contributions to plan in this plan year2022-10-070
Other expenses paid from plan in this plan year2022-10-070
Other contributions to plan in this plan year2022-10-070
Other income to plan in this plan year2022-10-07159854
Plan net income in this plan year2022-10-07106495
Net assets as of the end of the plan year2022-10-071879902
Net assets as of the beginning of the plan year2022-10-071773407
Employer contributions to plan in this plan year2022-10-0750000
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-078739

Potentially related plans

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