Employers › Waste Management
Recordkeeping fees per participant · Waste Management Retirement Savings Plan · plan year 2024
$34.10
Higher than 50% of the 790 plans over $1B that report it.
= $1,518,163 / 44,522
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010123318NAL0013120160001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010123318NAL0013120160001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-10.
Administrative expenses excluding investment management, per participant
$34.10
Higher than 32% of the 1,045 plans over $1B that report it.
= $1,518,163 / 44,522
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010123318NAL0013120160001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010123318NAL0013120160001, received 2025-10-10
Administrative expenses per participant
$34.10
Higher than 15% of the 1,076 plans over $1B that report it.
= $1,518,163 / 44,522
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010123318NAL0013120160001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010123318NAL0013120160001, received 2025-10-10
Administrative expenses as a share of assets
0.037%
Higher than 39% of the 1,076 plans over $1B that report it.
= $1,518,163 / $4,076,643,703
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010123318NAL0013120160001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010123318NAL0013120160001, received 2025-10-10
Employer contributions per participant
$2,699
Higher than 31% of the 1,135 plans over $1B that report it.
= $120,149,981 / 44,522
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010123318NAL0013120160001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010123318NAL0013120160001, received 2025-10-10
Employer share of total contributions
34.7%
Higher than 56% of the 1,135 plans over $1B that report it.
= $120,149,981 / $345,812,821
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010123318NAL0013120160001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010123318NAL0013120160001, received 2025-10-10
Employer match
“With respect to each participant whose employment is not governed by a collective bargaining agreement, Waste Management matches 100% of each participant’s Employee Contribution up to 3% of the participant’s eligible annual compensation, as defined by the Plan, plus 50% of the participant’s Employee Contribution on the next 3% of the participant’s eligible annual compensation.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Participants are immediately vested in their Employee Contributions, Rollover Contributions and Employer Contributions, plus earnings thereon.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Any such employee is automatically enrolled in the Plan at a contribution rate of 3% of eligible compensation, unless changed by the employee.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010123318NAL0013120160001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | WASTE MANAGEMENT, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Plan name | WASTE MANAGEMENT RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Sponsor EIN / plan number | 73-1309529 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Sponsor location | HOUSTON, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Industry (business code) | 562000, Administrative and support and waste management services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Participants, beginning of year | 47,426 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Active participants | 38,168 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Participants, end of year | 47,129 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Participants with an account balance | 44,522 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Total assets, beginning of year | $3,686,458,628 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Total assets, end of year | $4,076,643,703 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Net assets, end of year | $4,077,731,691 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Total income | $831,427,184 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Net income | $391,354,528 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Employer contributions | $120,149,981 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Participant contributions | $210,645,659 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $15,017,181 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Total contributions | $345,812,821 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Benefit payments | $438,554,493 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $440,072,656 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Total administrative expenses | $1,518,163 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Recordkeeping fees | $1,518,163 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Administrative expenses excluding investment management | $1,518,163 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Held in common/collective trusts | $3,218,737,822 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Held in mutual funds | $282,199,040 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010123318NAL0013120160001, received 2025-10-10 |
| Independent auditor | WEAVER AND TIDWELL, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010123318NAL0013120160001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010123318NAL0013120160001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MERRILL LYNCH,PIERCE,FENNER & SMITHrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 18 Custodial (other than securities); 19 Custodial (securities); 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 26 Investment advisory (participants); 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 62 Float revenue; 63 Distribution (12b-1) fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees; 72 Other investment fees and expenses | $1,518,163 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251010123318NAL0013120160001, received 2025-10-10.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,686,458,628 | $4,076,643,703 | 10.6% |
| Participants with a balance | 44,699 | 44,522 | -0.4% |
| Administrative expenses | $1,562,661 | $1,518,163 | -2.8% |
| Recordkeeping fees per participant | $34.49 | $34.10 | -1.1% |
| Employer contributions | $117,947,363 | $120,149,981 | 1.9% |
Prior filing 20241011130610NAL0021910337001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: WASTE MANAGEMENT, INC.; SEC registrant: WASTE MANAGEMENT INC (CIK 823768, matched by EIN; display name from the Form 10-K cover).