Corvias Group, Llc 401(k) Plan: Login, Facts & Contact Information

Corvias Group, Llc 401(k) Plan Facts

Plan name
CORVIAS GROUP, LLC SAVINGS & RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CORVIAS GROUP, LLC
Participants
1,216 (738 active employees)
Former employees with a balance
356
Plan assets
$55,579,694 at Dec 31, 2022
Average account balance
$51,654 across 1,076 accounts
Employer contributions
$2,105,392 in plan year 2022 (29% of all contributions)
Recordkeeper
Stancorp Financial Group
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 2006
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 5, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $7.26 million went into the plan in contributions, $2.11 million of it from the employer (29%).
  • $8.16 million was paid out to participants.
  • Administrative expenses were $199,087, about $185 per account.

How the Corvias Group, Llc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20171,089$49.8 million$2.04 million$4.62 million
20181,091$48.6 million$2.09 million$6.14 million
20191,111$59.8 million$2.34 million$6.94 million
20201,235$66.7 million$2.24 million$9.85 million
20211,242$73.5 million$2.14 million$9.54 million
20221,216$55.6 million$2.11 million$8.16 million

Corvias Group, Llc 401(k) Contact Information

Phone
401-228-2800
Mailing address
301 METRO CENTER BLVD, SUITE 204, WARWICK RI 02886
Plan sponsor
CORVIAS GROUP, LLC
Employer identification number (EIN)
46-0862534
Plan number
001

Questions about the Corvias Group, Llc 401(k)

Does Corvias Group, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $2.11 million, 29% of all contributions.

Does the Corvias Group, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Corvias Group, Llc 401(k) plan?

1,216 participants at the start of plan year 2022, 738 of them active employees, and 356 former employees who still had money in the plan.

What is the average 401(k) balance at Corvias Group, Llc?

About $51,654 per account: $55.6 million in plan assets across 1,076 accounts with a balance at the end of plan year 2022.

Who manages the Corvias Group, Llc 401(k) accounts?

The Standard (listed on the filing as STANCORP FINANCIAL GROUP) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Corvias Group, Llc. How do I access my 401(k)?

Your account stays with The Standard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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