401(k) · DOL Form 5500 · 2023
Covanta Projects, LLC 401(k) Plan
Data updated 2026-08-11
- $872M
- Total assets
- 2,945
- Participants
- 98th
- Percentile by assets
- $296,213
- Avg per participant
Official DOL plan name: Covanta Energy Savings Plan · Sponsored by Covanta Projects, LLC · New Jersey · Utilities
$872M in assets, 2,945 participants
Covanta Projects, LLC's Covanta Energy Savings Plan reported $872M in total assets and 2,945 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #634 in Utilities (721 peers)
Coverage in New Jersey
Covanta Energy Savings Plan covers 2,945 participants in New Jersey, 3.5x the typical New Jersey plan (state average ~844 per filing). Assets: $872M.
- $872M
- total plan assets (2023 EOY)
- 2,945
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $296,213
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Covanta Energy Savings Plan reported net income rose from -$215M in the plan year 2022 filing to $87M in the plan year 2023 filing.
- Covanta Energy Savings Plan end-of-year assets rose from $754M in the plan year 2022 filing to $872M in the plan year 2023 filing.
- Covanta Energy Savings Plan reported participants fell from 2,976 in the plan year 2022 filing to 2,945 in the plan year 2023 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Covanta Energy Savings Plan reports 2,945 participants - 3.5x that state average ($872M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $754M |
|---|---|
| Net Assets (End of Year) | $872M |
| Net Income | $87M |
| 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 $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Covanta Energy Savings Plan by total assets, not by location.
- Ross Stores, Inc. 401(k) Savings Plan (CA) $873M · 55,389
- Plumbers Local Union No. 1 Employee 401(k) Savings Plan (NY) $873M · 4,724
- Idex Corporation Savings Plan (IL) $873M · 4,521
- Aflac Incorporated 401(k) Savings and Profit Sharing Plan (GA) $871M · 5,665
Frequently Asked Questions
How did Covanta Energy Savings Plan assets move in 2023? ▼
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 in the top 5% of all filed plans by assets. 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