Plan Ledger DOL Form 5500 · updated monthly

Avis Mobility Ventures LLC dba Flexcar LLC401(k)

FLEXCAR 401(K) PLAN · BOSTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.85%

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

Avis Mobility Ventures LLC dba Flexcar LLC reported $21,914 in plan administrative expenses for 2023: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,327 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Massachusetts (2,530th of 2,726), and 1,773rd of 2,096 in real estate & leasing. In 2023, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,589,174
Participants with balances105
Active participants166
Employer contributions$552,318
Employee contributions$1,077,132
Employer contribution per active participant$3,327
Average account balance$24,659
Benefits paid to participants$461,753
Plan auditUnmodified (clean) audit opinion
AuditorEAG NEW ENGLAND LLP
Administrative expenses, itemized · 2023
Investment management$21,605
Total administrative$21,914
The Avis Mobility Ventures LLC dba Flexcar LLC 401(k) match · 2023
Employer contribution per active participant$3,327
Median for plans this size$1,308

Avis Mobility Ventures LLC dba Flexcar LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
USI SECURITIES INC · Investment advisory (plan)$21,179
EMPOWER ADVISORY GROUP, LLC · Investment management$426
ENVESTNET RETIREMENT SOLUTIONS, LLC$309

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

Administrative cost history1
2023$21,914 · 0.85%
Similar plansReal Estate & Leasing · Massachusetts
Jenet Management, LLC MA$2.9M · 1.45%
Makor Management LLC MA$2.9M · 1.33%
Chartwell Management, LLC MA$2.8M · 1.58%
Samia Companies LLC MA$1.3M · 0.01%
West Shore LLC MA$755K · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872030403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.