Avis Budget Group 401(k) match, vesting and fees
What Avis Budget Group's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Geltrude & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 19 defined-contribution plans in accommodation and food services with 10,000 to 49,999 participants.
| Avis Budget Group: employer contribution per participant | $1,323 | |
| Peer median | $1,270 |
| Avis Budget Group: average balance | $70,618 | |
| Peer median | $40,457 |
| Avis Budget Group: admin expenses ÷ assets | 0.09% | |
| Peer median | 0.13% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $691M at the end of plan year 2023 to $718M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 16,412 | $718M | $13.5M | $1,323 | 0.09% | Not published | Form 5500 ↗ |
| 2023 | 16,556 | $691M | $12.7M | $1,186 | 0.10% | Not published | Form 5500 ↗ |
Other Avis Budget Group plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Ab Car Rental Services Retirement Savings Plan for Bargaining Hourly Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Geltrude & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Avis Rent a Car System, LLC Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Geltrude & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Avis Budget Group match 401(k) contributions?
The match terms for the Avis Budget Group, Inc. Employee Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $13.5M in employer contributions, about $1,323 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Avis Budget Group 401(k) match vested?
The vesting schedule for the Avis Budget Group, Inc. Employee Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Avis Budget Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Avis Budget Group, Inc..
I left Avis Budget Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Avis Budget Group, Inc., (844) 700-4748) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Avis Budget Group old 401(k) page lists the contacts from every plan filing. Find an old Avis Budget Group 401(k)
Data from the public Form 5500 annual reports Avis Budget Group filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Avis Budget Group. Not financial advice. Report a correction · Methodology