Plan Ledger DOL Form 5500 · updated monthly

Avis Budget Group, Inc.401(k)

AVIS BUDGET GROUP, INC. EMPLOYEE SAVINGS PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Avis Budget Group, Inc. reported $638,878 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $985 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.08% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 96th-largest of 2,419 plans among New Jersey employers on file, and the 16th of 2,240 in accommodation & food services. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$718,188,312
Participants with balances10,170
Active participants13,652
Employer contributions$13,452,973
Employee contributions$21,951,337
Employer contribution per active participant$985
Average account balance$70,618
Benefits paid to participants$78,960,349
Plan auditUnmodified (clean) audit opinion
AuditorGELTRUDE & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$718.2M · 10,170 accts · $13.5M emplr
2023$691.0M · 10,701 accts · $12.7M emplr
2022$613.3M · 10,832 accts · $11.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$582,131
Total administrative$638,878
The Avis Budget Group, Inc. 401(k) match · 2024
Employer contribution per active participant$985
Median for plans this size$4,294
2024$985 per active participant
2023$939 per active participant
2022$908 per active participant

Avis Budget Group, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$609,164
CLEARSTEAD ADVISORS, LLC$30,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$638,878 · 0.09%
2023$663,226 · 0.10%
2022$570,485 · 0.08%
All plans at this employer2
AVIS BUDGET GROUP, INC. EMPLOYEE SAVINGS PLAN401(k)
AB CAR RENTAL SERVICES RETIREMENT SAVINGS PLAN FOR BARGAINING HOURLY EMPLOYEES401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 060918165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.