Covert Buick, Inc. 401(k) Plan: Login, Facts & Contact Information
Covert Buick, Inc. 401(k) Login
134 former Covert Buick, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Covert Buick, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 10, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $6.03 million went into the plan in contributions.
- $4.04 million was paid out to participants.
- Investment and other income added $4.08 million.
- Administrative expenses were $201,885, about $173 per account.
How the Covert Buick, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 823 | $21.4 million | $0 | $1.27 million |
| 2020 | 904 | $24.0 million | $0 | $2.91 million |
| 2021 | 957 | $28.8 million | — | $2.05 million |
| 2022 | 1,095 | $26.3 million | — | $2.50 million |
| 2023 | 1,181 | $33.1 million | — | $3.03 million |
| 2024 | 1,260 | $39.0 million | — | $4.04 million |
Covert Buick, Inc. 401(k) Contact Information
Questions about the Covert Buick, Inc. 401(k)
Does Covert Buick, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement.
Does the Covert Buick, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Covert Buick, Inc 401(k) plan?
1,260 participants at the start of plan year 2024, 1,114 of them active employees, and 134 former employees who still had money in the plan.
What is the average 401(k) balance at Covert Buick, Inc?
About $33,429 per account: $39.0 million in plan assets across 1,166 accounts with a balance at the end of plan year 2024.
Who manages the Covert Buick, Inc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Covert Buick, Inc. How do I access my 401(k)?
Your account stays with Principal 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.