401(k) · DOL Form 5500 · 2023

Covanta Projects, LLC 401(k) Plan

Data updated 2026-08-25

$872M
Total assets Above avg plan size
2,945
Participants Above avg headcount
98th
Percentile by assets National rank
$296,213
Avg per participant High balance/head
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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.

  • #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.

#634
in Utilities (721 peers)
+15.7%
assets growth YoY
8.8×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$872,347,601 Top 2% higher than 98% of 127,068 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 2023

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

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covanta Energy Savings Plan lands in the large band (2,945 participants).

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 133213657 · Covanta Projects, LLC PY 2023 · 401(k)

Covanta Energy Savings Plan · $872M · 2,945 · 98th

  • EIN $872M
  • EIN 2,945
  • EIN 98th
  • EIN 401(k)
  • EIN near Ross Stores, Inc. 401(k) Savings Plan
  • EIN ind #634

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

Idex Corporation Savings Plan$873MPlumbers Local Union No. 1 Employee 401(k) Savings PlanPlumbers Local Union No. 1 E…$873MRoss Stores, Inc. 401(k) Savings PlanRoss Stores, Inc. 401(k) Sav…$873MCovanta Energy Savings Plan$872MAflac Incorporated 401(k) Savings and Profit Sharing PlanAflac Incorporated 401(k) Sa…$871M
End-of-year total assets ($M) among Covanta Energy Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$754M
Net Assets (End of Year)$872M
Net Income$87M
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 -1001020304050 Total assets ($B) Participants Covanta Energy Savings Plan, Total assets ($B): 0.872347601 · Participants: 2945Covanta Energy Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US 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 Ross Stores, Inc. 401(k) Savings Plan in CA ($873M); by covered participants it is Sagility 401(k) Plan in CO (2,945 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($872M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,945 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Covanta Energy Savings Plan grew sharply - up 15.7% during 2023, from $754M to $872M. Reported net income was $87M.
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 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
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 Ross Stores, Inc. 401(k) Savings Plan in CA ($873M, 55,389 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 Sagility 401(k) Plan in CO (2,945 participants, $25M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.