Retirement plan

VEOLIA NORTH AMERICA 401(K) SAVINGS PLAN

Name: VEOLIA NORTH AMERICA, LLC - VEOLIA NORTH AMERICA 401(K) SAVINGS PLAN (2020) Form 5500
Creator: VEOLIA NORTH AMERICA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VEOLIA NORTH AMERICA 401(K) SAVINGS PLAN, VEOLIA NORTH AMERICA, LLC

VEOLIA NORTH AMERICA, LLCEIN 26-2756568Plan #001PY 2020

53 STATE STREET, 14TH FLOOR - BOSTON, MA 02190617-502-4441veolianorthamerica.comLinkedIn5001-10000 employeesenvironmental services

Other plans on this EIN

2 filings

#003Retirement-$2.5M assets #002Retirement--

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$874.6M

-9.0% from 2016

Total participants

8,188

-3.3% from 2016

Average account balance

$110,893

-6.1% from 2016

Annual return

16.26%

-9.38 pp from 2016

Benchmarks

See 1,112 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants5,000-9,999

Cohort1,112 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.05B

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

9,302

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.

93.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$79.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+15.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$79

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 6 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.6+ years Service code 15 · EIN 23-1945930	Recordkeeping	$535,448
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$123,453
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$66,499
BENEFITS FINANCIAL SERVICE GROUP1 year Service code 50 · EIN 20-8532658	Direct Payment	$35,000
KATZ, SAPPER & MILLER1 year Filed as: KATZ SAPPER & MILLER LLP Service code 10 · EIN 35-1090346	Accounting	$25,000
BENEFIT FINANCIAL SERVICE2 years Filed as: BENEFIT FINANCIAL SERVICE GROUP Service code 28 · EIN 20-8532658	Investment Management	$17,500

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$181 / participant

Investment mgmt$66K6.4%
Other / not subdivided$977K93.6%

% of EOY assets

0.119%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KATZ SAPPER & MILLER LLP
Auditor EIN: 351090346
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$110,893

$93,223+19.0%

$112,977-1.8%

$93,223+19.0%

Participation rate

94.8%

74.9%+19.9pp

82.6%+12.2pp

74.9%+19.9pp

Annual return

16.26%

19.29%-3.0pp

24.24%-8.0pp

19.29%-3.0pp

Employer contribution / active EE

$2,594

$2,680-3.2%

$4,255-39.0%

$2,680-3.2%

Participant deferral / active EE

$6,586

$4,563+44.3%

$5,836+12.9%

$4,563+44.3%

Admin fee / account holder

$132

$79+67.1%

$6,294-97.9%

$79+67.1%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$535,448

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$123,453

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$66,499

BENEFITS FINANCIAL SERVICE GROUP1 year

Service code 50 · EIN 20-8532658

Direct Payment

$35,000

KATZ, SAPPER & MILLER1 year

Filed as: KATZ SAPPER & MILLER LLP

Service code 10 · EIN 35-1090346

Accounting

$25,000

BENEFIT FINANCIAL SERVICE2 years

Filed as: BENEFIT FINANCIAL SERVICE GROUP

Service code 28 · EIN 20-8532658

Investment Management

$17,500

VEOLIA NORTH AMERICA 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VEOLIA NORTH AMERICA 401(K) SAVINGS 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