Retirement plan

RENTOKIL INITIAL USA 401(K) PLAN

Name: RENTOKIL NORTH AMERICA, INC. - RENTOKIL INITIAL USA 401(K) PLAN (2023) Form 5500
Creator: RENTOKIL NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RENTOKIL INITIAL USA 401(K) PLAN, RENTOKIL NORTH AMERICA, INC.

RENTOKIL NORTH AMERICA, INC.EIN 23-1568350Plan #005PY 2023

1125 BERKSHIRE BLVD, SUITE 150 - READING, PA 196101211610-372-9700

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$632.9M

-25.7% from 2016

Total participants

13,298

-26.8% from 2016

Average account balance

$48,729

+3.7% from 2016

Annual return

17.38%

-33.79 pp from 2016

Benchmarks

See 1,196 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort1,196 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31B

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

28,305

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$124.41M

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

+108.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$66

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.9+ years Service code 15 · EIN 23-1945930	Recordkeeping	$819,990
THE VANGUARD GROUP, INC.3 years Filed as: VANGUARD ADVISERS INC. Service code 26 · EIN 23-2811930	Advisory (Participants)	$281,189
AON CONSULTING4 years Filed as: AON INVESTMENTS USA INC Service code 27 · EIN 36-3109431	Advisory (Plan)	$173,502
BRADSHAW & BICKERTON PLLC8 years Service code 29 · EIN 45-4427424	Legal	$100,224
CARON & BLETZER, PLLC1 year Filed as: CARON & BLETZER PLLC Service code 99 · EIN 04-3499945	Other Fees	$10,600

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

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.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$135 / participant

Other / not subdivided$1M100.0%

% of EOY assets

0.214%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,729

$96,393-49.4%

$130,298-62.6%

$96,393-49.4%

Participation rate

96.9%

71.3%+25.6pp

76.3%+20.6pp

71.3%+25.6pp

Annual return

17.38%

22.88%-5.5pp

38.90%-21.5pp

22.88%-5.5pp

Employer contribution / active EE

$1,585

$3,239-51.1%

$4,128-61.6%

$3,239-51.1%

Participant deferral / active EE

$4,185

$5,455-23.3%

$6,790-38.4%

$5,455-23.3%

Admin fee / account holder

$104

$74+41.0%

$6,025-98.3%

$74+41.0%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.9+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$819,990

THE VANGUARD GROUP, INC.3 years

Filed as: VANGUARD ADVISERS INC.

Service code 26 · EIN 23-2811930

Advisory (Participants)

$281,189

AON CONSULTING4 years

Filed as: AON INVESTMENTS USA INC

Service code 27 · EIN 36-3109431

Advisory (Plan)

$173,502

BRADSHAW & BICKERTON PLLC8 years

Service code 29 · EIN 45-4427424

Legal

$100,224

CARON & BLETZER, PLLC1 year

Filed as: CARON & BLETZER PLLC

Service code 99 · EIN 04-3499945

Other Fees

$10,600

RENTOKIL INITIAL USA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RENTOKIL INITIAL USA 401(K) 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