Retirement plan

CLEAN HARBORS SAVINGS AND RETIREMENT PLAN

Name: CLEAN HARBORS ENVIRONMENTAL SERVICES INC - CLEAN HARBORS SAVINGS AND RETIREMENT PLAN (2017) Form 5500
Creator: CLEAN HARBORS ENVIRONMENTAL SERVICES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLEAN HARBORS SAVINGS AND RETIREMENT PLAN, CLEAN HARBORS ENVIRONMENTAL SERVICES INC

CLEAN HARBORS ENVIRONMENTAL SERVICES INCEIN 04-2698999Plan #001PY 2017

42 LONGWATER DRIVE - NORWELL, MA 02061781-792-5000

Prospect flagsLow employer contributionRecently reached 100 employeesCorrective distributions

How to read this page

Total assets (EOY)

$606.1M

No prior year

Total participants

12,319

No prior year

Average account balance

$51,832

No prior year

Annual return

17.65%

+36.48 pp from 2016

Benchmarks

See 1,075 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants5,000-9,999

Cohort1,075 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.24B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$56K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

22,319

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$111.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.38%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$55

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 13 · EIN 22-1211670	Contract Administrator	$497,997
CAPFINANCIAL PARTNERS LLC3+ years Filed as: CAPTRUST FINANCIAL PARTNERS Service code 27 · EIN 26-0058143	Advisory (Plan)	$100,683
FORMS & SUPPLIES UNLIMITED1 year Service code 13 · EIN 59-3136888	Contract Administrator	$36,268
GRAY, GRAY & GRAY1 year Filed as: GRAY, GRAY,& GRAY, LLP Service code 27 · EIN 04-2088368	Advisory (Plan)	$22,485
HOLDER LAW GROUP LLC1 year Filed as: HOLDER LAW GROUP Service code 27 · EIN 81-0566008	Advisory (Plan)	$21,432
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Service code 15 · EIN 06-1050034	Recordkeeping	$0

Plan features & details

Pension benefit codes2F2G2J2K3H2S2T2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$720K

$75 / participant

Other / not subdivided$720K100.0%

% of EOY assets

0.119%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GRAY GRAY & GRAY
Auditor EIN: 042088368
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,832

$177,276-70.8%

$97,995-47.1%

$177,276-70.8%

Participation rate

93.5%

74.8%+18.7pp

82.4%+11.1pp

74.8%+18.7pp

Annual return

17.65%

21.25%-3.6pp

23.94%-6.3pp

21.25%-3.6pp

Employer contribution / active EE

$2,479-99.9%

$4,158-100.0%

$2,479-99.9%

Participant deferral / active EE

$3,762

$3,881-3.1%

$5,097-26.2%

$3,881-3.1%

Admin fee / account holder

$62

$154-60.0%

$5,943-99.0%

$154-60.0%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Filed as: THE PRUDENTIAL INSURANCE COMPANY OF

Service code 13 · EIN 22-1211670

Contract Administrator

$497,997

CAPFINANCIAL PARTNERS LLC3+ years

Filed as: CAPTRUST FINANCIAL PARTNERS

Service code 27 · EIN 26-0058143

Advisory (Plan)

$100,683

FORMS & SUPPLIES UNLIMITED1 year

Service code 13 · EIN 59-3136888

Contract Administrator

$36,268

GRAY, GRAY & GRAY1 year

Filed as: GRAY, GRAY,& GRAY, LLP

Service code 27 · EIN 04-2088368

Advisory (Plan)

$22,485

HOLDER LAW GROUP LLC1 year

Filed as: HOLDER LAW GROUP

Service code 27 · EIN 81-0566008

Advisory (Plan)

$21,432

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Service code 15 · EIN 06-1050034

Recordkeeping

CLEAN HARBORS SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLEAN HARBORS SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion