Plan Ledger DOL Form 5500 · updated monthly

Travel + Leisure Co.401(k)

TRAVEL + LEISURE CO. EMPLOYEE SAVINGS PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Travel + Leisure Co. reported $928,337 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $2,359 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 0.102%. 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 47th-largest of 3,644 plans among Florida employers on file, and the 13th of 2,240 in accommodation & food services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 10,364 to 14,239 since 2022.

Plan summary
Net assets, end of year$962,229,776
Participants with balances9,388
Active participants14,239
Employer contributions$33,595,522
Employee contributions$48,825,050
Employer contribution per active participant$2,359
Average account balance$102,496
Benefits paid to participants$110,324,784
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$962.2M · 9,388 accts · $33.6M emplr
2023$864.8M · 9,498 accts · $32.2M emplr
2022$730.8M · 8,405 accts · $29.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$928,337
Total administrative$928,337
The Travel + Leisure Co. 401(k) match · 2024
Employer contribution per active participant$2,359
Median for plans this size$4,294
2024$2,359 per active participant
2023$2,222 per active participant
2022$2,868 per active participant

Travel + Leisure Co.'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 · 20243
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$768,423
CLEARSTEAD ADVISORS, LLC$98,419
EISNER AMPER · Accounting / audit$66,150

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$928,337 · 0.10%
2023$1,058,541 · 0.13%
2022$828,155 · 0.10%
Same employer
Similar plansAccommodation & Food Services · Florida
Darden Restaurants, Inc. FL$1.6B · 0.11%
Chick-Fil-A, Inc. GA$1.1B · 0.02%
Yum Brands, Inc. KY$1.1B · 0.12%
In-N-Out Burger, Inc. CA$947.3M · 0.02%
The Board of Trustees NY$813.1M · 0.17%
Avis Budget Group, Inc. NJ$718.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200052541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.