Plan Ledger DOL Form 5500 · updated monthly

Covanta Environmental Solutions, LLC401(k)

COVANTA ENVIRONMENTAL SOLUTIONS 401(K) PLAN · MORRISTOWN, NJ · plan year 2022

Reported admin expense ratio · 2022
0.24%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Covanta Environmental Solutions, LLC reported $76,348 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,502 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 845th-largest of 2,419 plans among New Jersey employers on file, and the 461st of 2,534 in administrative & support services. In 2022, the employer put in $3.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$29,106,294
Participants with balances603
Active participants671
Employer contributions$2,349,621
Employee contributions$711,141
Employer contribution per active participant$3,502
Average account balance$48,269
Benefits paid to participants$2,842,278
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $1.7M emplr
2022$29.1M · 603 accts · $2.3M emplr
Administrative expenses, itemized · 2022
Investment management$1,772
Professional / advisory$25,170
Total administrative$76,348
The Covanta Environmental Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$3,502
Median for plans this size$2,266

Covanta Environmental Solutions, LLC's 2022 employer contribution ran above the $2,266 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$76,348 · 0.24%
Same employer
Similar plansAdministrative & Support Services · New Jersey
The Hibbert Company NJ$53.4M · 0.25%
Zrg Partners LLC NJ$39.7M · 0.26%
Harvey Nash, Inc. NJ$35.6M · 0.44%
Adstra, Inc NJ$28.4M · 0.34%
Astrix Technology, LLC NJ$21.8M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473030724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.