EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC.

Plan Contact

  • Address: 26999 CENTRAL PARK BLVD STE 200,SOUTHFIELD,MI
  • Contact person: WADE STEVENSON
  • Phone: (586) 772-8900

Plan General Information

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. is $17,207,804.00.This plan was established in 1998.

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. is 1460

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. Average Participant Retirement Account Value

In 2022, the average participant retirement account value for EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. is $11,786.00

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. is $2,196.00.

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. is approximately $628.00
Investing in this additonal $628.00 for 20 years would give you extra $40,193.00, assuming a 10% annual return.

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. Total Employer Contribution and Match Rate

In 2022, EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. allocates $916,917.00 to match its employees' contributions, providing an employer match rate of 31.93% of their contributions

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. is 4.94%.

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. is -12.50%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. Expense Ratio

In 2022, the investment and administrative expense ratio of EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. is 0.11%.

Enrollment Features

EMPLOYEE BENEFIT PLAN OF GFL ENVIRONMENTAL USA INC. has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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