Plan Ledger DOL Form 5500 · updated monthly

Veolia Utility Resources LLC401(k)

SUEZ WATER RESOURCES LLC 401(K) PLAN · PARAMUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Veolia Utility Resources LLC reported $165,688 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,565 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 rose from 0.05% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other utilities employers. By assets it is the 179th-largest of 2,419 plans among New Jersey employers on file, and the 82nd of 412 in utilities. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 1,069 to 2,124 since 2022.

Plan summary
Net assets, end of year$292,153,620
Participants with balances1,721
Active participants2,124
Employer contributions$5,447,178
Employee contributions$10,893,118
Employer contribution per active participant$2,565
Average account balance$169,758
Benefits paid to participants$28,461,279
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$292.2M · 1,721 accts · $5.4M emplr
2023$226.9M · 1,444 accts · $4.7M emplr
2022$201.3M · 1,396 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$165,688
Total administrative$165,688
The Veolia Utility Resources LLC 401(k) match · 2024
Employer contribution per active participant$2,565
Median for plans this size$4,294
2024$2,565 per active participant
2023$4,193 per active participant
2022$4,057 per active participant

Veolia Utility Resources LLC's 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$165,688

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

Administrative cost history3
2024$165,688 · 0.06%
2023$126,624 · 0.06%
2022$116,843 · 0.05%
All plans at this employer2
SUEZ WATER RESOURCES LLC 401(K) PLAN401(k)
SUEZ WATER RESOURCES LLC COLLECTIVELY BARGAINED 401(K) PLAN401(k)
Same employer
Similar plansUtilities · New Jersey
Covanta Projects, LLC NJ$947.7M · 0.10%
Ls Power Development, LLC NJ$139.0M · 0.01%
Middlesex Water Co. NJ$78.4M · 0.01%
Joseph Jingoli & Son, Inc. NJ$65.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710005226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.