Plan Ledger DOL Form 5500 · updated monthly

Republic Services, Inc.401(k)

REPUBLIC SERVICES, INC. 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Republic Services, Inc. reported $3,062,555 in plan administrative expenses for 2024: 0.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,653 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.

Across the 2 years on file its reported administrative ratio fell from 0.16% to 0.12%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other administrative & support services employers. By assets it is the 4th-largest of 1,285 plans among Arizona employers on file, and the 4th of 2,534 in administrative & support services. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 28,131 to 33,316 since 2022.

Plan summary
Net assets, end of year$2,666,764,279
Participants with balances40,682
Active participants33,316
Employer contributions$88,389,865
Employee contributions$156,139,896
Employer contribution per active participant$2,653
Average account balance$65,551
Benefits paid to participants$265,116,985
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7B · 40,682 accts · $88.4M emplr
2023$2.4B · 40,884 accts · $81.2M emplr
2022$1.8B · 36,389 accts · $70.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,343,266
Investment management$1,665,784
Audit (IQPA)$53,505
Total administrative$3,062,555
The Republic Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,653
Median for plans this size$5,259
2024$2,653 per active participant
2023$2,488 per active participant
2022$2,492 per active participant

Republic Services, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20247
THE VANGUARD GROUP INC. · Recordkeeping · Consulting$1,830,483
MAZARS USA LLP · Recordkeeping$16,640
NOVA 401(K) ASSOCIATES · Recordkeeping$12,046
VANGUARD ADVISERS INC. · Investment advisory (participants)$1,484,803
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$125,481
CBIZ CPAS P.C. · Accounting / audit · Investment advisory (plan)$85,500
DOREREN MAYHEW & CO. P.C. · Accounting / audit$23,505

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024MAZARS USA LLP, NOVA 401(K) ASSOCIATES, Vanguard
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Republic Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,062,555 · 0.12%
2023$2,913,951 · 0.14%
2022$3,072,051 · 0.16%
All plans at this employer3
REPUBLIC SERVICES, INC. EMPLOYEE SAVINGS PLAN401(k)
REPUBLIC SERVICES, INC. 401(K) PLAN401(k)
REPUBLIC SERVICES, INC. COMPREHENSIVE PLANProfit-sharing plan
Same employer
Similar plansAdministrative & Support Services · Arizona
Waste Management, Inc. TX$4.1B · 0.04%
Kellogg Brown & Root LLC TX$3.9B · 0.05%
Allegis Group, Inc. MD$2.2B · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650716904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.