Plan Ledger DOL Form 5500 · updated monthly

Sixt Rent a Car, LLC401(k)

SIXT RENT A CAR 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
1.73%

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

Sixt Rent a Car, LLC reported $237,328 in plan administrative expenses for 2024: 1.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $585 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 3 years on file its reported administrative ratio has held roughly steady near 1.73%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,293rd-largest of 3,644 plans among Florida employers on file, and the 857th of 2,677 in transportation & warehousing. In 2024, employees put in $4.59 for every $1.00 the employer contributed; active participation has grown from 913 to 1,602 since 2022.

Plan summary
Net assets, end of year$16,333,309
Participants with balances1,644
Active participants1,602
Employer contributions$937,028
Employee contributions$4,305,529
Employer contribution per active participant$585
Average account balance$9,935
Benefits paid to participants$1,945,206
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 1,644 accts · $937K emplr
2023$11.1M · 1,367 accts · $647K emplr
2022$6.5M · 1,002 accts · $434K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,080
Investment management$50,248
Total administrative$237,328
The Sixt Rent a Car, LLC 401(k) match · 2024
Employer contribution per active participant$585
Median for plans this size$2,416
2024$585 per active participant
2023$527 per active participant
2022$476 per active participant

Sixt Rent a Car, LLC's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$187,080
SAGVIEW ADVISORY GROUP · Investment advisory (plan)$50,248

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

Administrative cost history3
2024$237,328 · 1.73%
2023$145,466 · 1.65%
2022$102,541 · 1.69%
Same employer
Similar plansTransportation & Warehousing · Florida
Boasso Global, Inc. FL$19.2M · 0.56%
Silver Airways Corp. FL$16.1M · 0.57%
Mobro Marine, Inc. FL$14.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274394382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.