Plan Ledger DOL Form 5500 · updated monthly

Waste Management, Inc.401(k) + ESOP (KSOP)

WASTE MANAGEMENT RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Waste Management, Inc. reported $1,518,163 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,148 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 0.06% to 0.04%. 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 32nd-largest of 5,688 plans among Texas employers on file, and the 1st of 2,534 in administrative & support services. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,077,731,691
Participants with balances44,522
Active participants38,168
Employer contributions$120,149,981
Employee contributions$210,645,659
Employer contribution per active participant$3,148
Average account balance$91,589
Benefits paid to participants$438,554,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1B · 44,522 accts · $120.1M emplr
2023$3.7B · 44,699 accts · $117.9M emplr
2022$3.2B · 44,247 accts · $101.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,518,163
Total administrative$1,518,163
The Waste Management, Inc. 401(k) match · 2024
Employer contribution per active participant$3,148
Median for plans this size$5,259
2024$3,148 per active participant
2023$3,050 per active participant
2022$2,573 per active participant

Waste Management, Inc.'s 2024 employer contribution ran below the $5,259 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
MERRILL LYNCH,PIERCE,FENNER & SMITH · Recordkeeping · Custodial$1,518,163

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,518,163 · 0.04%
2023$1,562,661 · 0.05%
2022$2,129,896 · 0.06%
Same employer
Similar plansAdministrative & Support Services · Texas
Kellogg Brown & Root LLC TX$3.9B · 0.05%
Republic Services, Inc. AZ$2.7B · 0.12%
Sabre Glbl Inc. TX$1.1B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731309529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.