401(k) · DOL Form 5500 · 2022

Covanta Projects, LLC 401(k) Plan

Data updated 2026-08-25

$754M
Total assets Above avg plan size
2,976
Participants Above avg headcount
99th
Percentile by assets National rank
$253,389
Avg per participant Above avg balance/head
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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.

  • #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.

#640
in Utilities (738 peers)
-22.2%
assets change YoY
7.6×
vs typical plan assets (national mean)

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.

Covanta Energy Savings Plan's outsized position 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

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Covanta Energy Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covanta Energy Savings Plan lands in the large band (2,976 participants).

Published 5500 schedule card

Filing strip 133213657 · Covanta Projects, LLC PY 2022 · 401(k)

Covanta Energy Savings Plan · $754M · 2,976 · 99th

  • ASSETS $754M
  • PCT 2,976
  • EIN 99th
  • RANK 401(k)
  • PHOTO near B. Braun Medical Inc. Savings Plan
  • IND ind #640

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in New Jersey →

Covanta Energy Savings Plan in the asset neighbourhood

Alaska Airlines Inc Flight Attendant 401(k) PlanAlaska Airlines Inc Flight A…$755MCovanta Energy Savings Plan$754MB. Braun Medical Inc. Savings PlanB. Braun Medical Inc. Saving…$754MAti 401(k) Savings Plan$754MSabic U.S. Employee Retirement Savings PlanSabic U.S. Employee Retireme…$753M
End-of-year total assets ($M) among Covanta Energy Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$969M
Net Assets (End of Year)$754M
Net Income-$215M
Employer EIN133213657
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covanta Projects, LLC)

Sponsor-wide plan assets over time

All Covanta Projects, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$966M 26.185947761615218% vs 2022
2024 filing year
$700M$800M$900M$1,000M 202220232024 $765M $966M ▲ +26.2%
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 Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Covanta Energy Savings Plan, Total assets ($B): 0.754086395 · Participants: 2976Covanta Energy Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Covanta Energy Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Covanta Energy Savings Plan side-by-side with 3 peers →

Covanta Energy Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is B. Braun Medical Inc. Savings Plan in PA ($754M); by covered participants it is Sumitomo Mitsui Banking Corporation 401(k) Plan in NY (2,975 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($754M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,976 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Covanta Energy Savings Plan assets move in 2022? ▼
Covanta Energy Savings Plan declined sharply - down 22.2% during 2022, from $969M to $754M. Reported net income was -$215M.
How have Covanta Projects, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covanta Projects, LLC's sponsor-wide assets grew 26.2%, from $765M to $966M.
Where does Covanta Energy Savings Plan rank by assets among Form 5500 filers? ▼
Covanta Energy Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Covanta Energy Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is B. Braun Medical Inc. Savings Plan in PA ($754M, 6,056 participants).
Which 401(k) plans cover a similar participant headcount to Covanta Energy Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sumitomo Mitsui Banking Corporation 401(k) Plan in NY (2,975 participants, $473M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133213657.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.