401(k) · DOL Form 5500 · 2022
Covanta Projects, LLC 401(k) Plan
Data updated 2026-08-11
- $754M
- Total assets
- 2,976
- Participants
- 99th
- Percentile by assets
- $253,389
- Avg per participant
Official DOL plan name: Covanta Energy Savings Plan · Sponsored by Covanta Projects, LLC · New Jersey · Utilities
$754M in assets, 2,976 participants
Covanta Projects, LLC's Covanta Energy Savings Plan reported $754M in total assets and 2,976 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,126 plans)
- #640 in Utilities (738 peers)
Coverage in New Jersey
Covanta Energy Savings Plan covers 2,976 participants in New Jersey, 3.5x the typical New Jersey plan (state average ~844 per filing). Assets: $754M.
- $754M
- total plan assets (2022 EOY)
- 2,976
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $253,389
- avg assets per participant
The plan reported a net loss of $215M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Covanta Energy Savings Plan sits by total assets
Covanta Energy Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$754,086,395 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Covanta Energy Savings Plan reports 2,976 participants - 3.5x that state average ($754M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $969M |
|---|---|
| Net Assets (End of Year) | $754M |
| Net Income | -$215M |
| Employer EIN | 133213657 |
| Plan Effective Date | 2002-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Covanta Projects, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,164 | $765M |
| 2023 | 2 | 3,131 | $889M |
| 2024 | 2 | 4,407 | $966M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Covanta Energy Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Covanta Energy Savings Plan by total assets, not by location.
- B. Braun Medical Inc. Savings Plan (PA) $754M · 6,056
- Ati 401(k) Savings Plan (TX) $754M · 2,982
- Alaska Airlines Inc Flight Attendant 401(k) Plan (WA) $755M · 5,557
- Sabic U.S. Employee Retirement Savings Plan (TX) $753M · 3,007
Frequently Asked Questions
How did Covanta Energy Savings Plan assets move in 2022? ▼
How have Covanta Projects, LLC plan assets changed over time? ▼
Where does Covanta Energy Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Covanta Energy Savings Plan? ▼
Next read for Covanta Energy Savings Plan
Filing takeaways
Ways to act on Covanta Energy Savings Plan's numbers.
- By total assets, Covanta Energy Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Covanta Projects, LLC's sponsor-wide assets have grown 26.2% since 2022 across 3 plan years on file. More Utilities plans