Covenant Health 401(k) Plan: Login, Facts & Contact Information

Covenant Health 401(k) Plan Facts

Plan name
COVENANT HEALTH 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
COVENANT HEALTH
Participants
11,611 (9,723 active employees)
Former employees with a balance
2,207
Plan assets
$894,089,700 at Dec 31, 2024
Average account balance
$110,028 across 8,126 accounts
Employer contributions
$19,558,358 in plan year 2024 (32% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1984
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $62.0 million went into the plan in contributions, $19.6 million of it from the employer (32%).
  • $78.0 million was paid out to participants.
  • Investment and other income added $127.7 million.
  • Administrative expenses were $521,227, about $64 per account.

How the Covenant Health 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201910,367$599.7 million$13.3 million$42.7 million
202011,471$721.8 million$13.7 million$48.5 million
202111,480$817.4 million$14.6 million$60.0 million
202210,877$661.9 million$15.2 million$60.0 million
202311,000$782.9 million$16.7 million$60.1 million
202411,611$894.1 million$19.6 million$78.0 million

Covenant Health 401(k) Contact Information

Phone
865-374-5329
Mailing address
1420 CENTERPOINT BLVD. BLDG. C, KNOXVILLE TN 37932
Plan sponsor
COVENANT HEALTH
Employer identification number (EIN)
62-1646734
Plan number
002

Questions about the Covenant Health 401(k)

Does Covenant Health contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $19.6 million, 32% of all contributions.

Does the Covenant Health 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Covenant Health 401(k) plan?

11,611 participants at the start of plan year 2024, 9,723 of them active employees, and 2,207 former employees who still had money in the plan.

What is the average 401(k) balance at Covenant Health?

About $110,028 per account: $894.1 million in plan assets across 8,126 accounts with a balance at the end of plan year 2024.

Who manages the Covenant Health 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Covenant Health. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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