Avis Rent a Car System retirement plan: assets, participants and fees
What Avis Rent a Car System's retirement plan 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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Geltrude & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8 pension plans with 1,000 to 4,999 participants.
| Avis Rent a Car System: employer contribution per participant | $794 | |
| Peer median | $992 |
| Avis Rent a Car System: average balance | $34,500 | |
| Peer median | $29,895 |
| Avis Rent a Car System: admin expenses ÷ assets | 0.86% | |
| Peer median | 0.61% |
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 $98.2M at the end of plan year 2021 to $103M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,988 | $103M | $2.4M | $794 | 0.86% | Not published | Form 5500 ↗ |
| 2023 | 3,042 | $98.8M | — | — | 1.78% | Not published | Form 5500 ↗ |
| 2022 | 3,060 | $97.7M | — | — | 2.35% | Not published | Form 5500 ↗ |
| 2021 | 3,083 | $98.2M | $7.4M | $2,389 | 1.09% | Not published | Form 5500 ↗ |
Common questions
Does Avis Rent a Car System match 401(k) contributions?
The match terms for the Avis Rent a Car System, Llc. Pension Plan for Bargaining Hourly Employees have not been published from its filing yet. The plan year 2024 filing reports $2.4M in employer contributions, about $794 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Avis Rent a Car System 401(k) match vested?
The vesting schedule for the Avis Rent a Car System, Llc. Pension Plan for Bargaining Hourly Employees is not in the data published so far. Your Summary Plan Description states it.
Who manages the Avis Rent a Car System 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Avis Rent a Car System, LLC.
I left Avis Rent a Car System. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Avis Rent a Car System, LLC, (973) 428-9700) or the recordkeeper, Transamerica Retirement Solutions. The Avis Rent a Car System old 401(k) page lists the contacts from every plan filing. Find an old Avis Rent a Car System 401(k)
Data from the public Form 5500 annual reports Avis Rent a Car System filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Rent a Car System. Not financial advice. Report a correction · Methodology