Retirement plan

REPUBLIC SERVICES, INC. 401(K) PLAN

Name: REPUBLIC SERVICES, INC. - REPUBLIC SERVICES, INC. 401(K) PLAN (2024) Form 5500
Creator: REPUBLIC SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REPUBLIC SERVICES, INC. 401(K) PLAN, REPUBLIC SERVICES, INC.

REPUBLIC SERVICES, INC.EIN 65-0716904Plan #003PY 2024

18500 NORTH ALLIED WAY - PHOENIX, AZ 85054480-627-2700republicservices.comLinkedIn10001+ employeesenvironmental services

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed May 10, 2006 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$2666.8M

+12.1% from 2023

Total participants

42,086

+0.1% from 2023

Average account balance

$65,551

+12.6% from 2023

Annual return

12.92%

-17.85 pp from 2023

Benchmarks

See 56 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants>=10,000

Cohort56 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.67B

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

40,682

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.

95.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$244.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$75

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 8 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.10+ years Filed as: THE VANGUARD GROUP INC. Service code 15 · EIN 23-1945930	Recordkeeping	$1,830,483
THE VANGUARD GROUP, INC.4 years Filed as: VANGUARD ADVISERS INC. Service code 26 · EIN 23-2811930	Advisory (Participants)	$1,484,803
CAPFINANCIAL PARTNERS LLC3 years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143	Advisory (Plan)	$125,481
CBIZ RETIREMENT PLAN SERVICES2 years Filed as: CBIZ CPAS P.C. Service code 10 · EIN 43-1947695	Accounting	$85,500
DOREREN MAYHEW & CO P C1 year Filed as: DOREREN MAYHEW & CO. P.C. Service code 10 · EIN 38-2492570	Accounting	$23,505
FORVIS, LLP1 year Filed as: MAZARS USA LLP Service code 15 · EIN 13-1459550	Recordkeeping	$16,640
NOVA 401(K) ASSOCIATES1 year Service code 15 · EIN 20-1181458	Recordkeeping	$12,046
THE VANGUARD GROUP, INC.10+ years Service code 64	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

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.
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

$3.1M

$92 / participant

Recordkeeping$1M43.9%
Investment mgmt$2M54.4%
Other / not subdivided$54K1.7%

% of EOY assets

0.115%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: $53,505
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,551

$42,127+55.6%

$85,187-23.1%

$106,553-38.5%

Participation rate

95.8%

36.6%+59.2pp

67.5%+28.3pp

69.8%+26.0pp

Annual return

12.92%

36.21%-23.3pp

66.67%-53.7pp

17.37%-4.4pp

Employer contribution / active EE

$2,653

$825+221.5%

$2,732-2.9%

$3,359-21.0%

Participant deferral / active EE

$4,687

$2,066+126.9%

$4,525+3.6%

$5,562-15.7%

Admin fee / account holder

$75

$114-33.7%

$6,162-98.8%

$80-5.5%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.10+ years

Filed as: THE VANGUARD GROUP INC.

Service code 15 · EIN 23-1945930

Recordkeeping

$1,830,483

THE VANGUARD GROUP, INC.4 years

Filed as: VANGUARD ADVISERS INC.

Service code 26 · EIN 23-2811930

Advisory (Participants)

$1,484,803

CAPFINANCIAL PARTNERS LLC3 years

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 27 · EIN 26-0058143

Advisory (Plan)

$125,481

CBIZ RETIREMENT PLAN SERVICES2 years

Filed as: CBIZ CPAS P.C.

Service code 10 · EIN 43-1947695

Accounting

$85,500

DOREREN MAYHEW & CO P C1 year

Filed as: DOREREN MAYHEW & CO. P.C.

Service code 10 · EIN 38-2492570

Accounting

$23,505

FORVIS, LLP1 year

Filed as: MAZARS USA LLP

Service code 15 · EIN 13-1459550

Recordkeeping

$16,640

NOVA 401(K) ASSOCIATES1 year

Service code 15 · EIN 20-1181458

Recordkeeping

$12,046

THE VANGUARD GROUP, INC.10+ years

Service code 64

Recordkeeping Fees

REPUBLIC SERVICES, INC. 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REPUBLIC SERVICES, INC. 401(K) PLAN

Top hat statement on fileNQDC

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