Retirement plan

AVIS BUDGET PUERTO RICO, INC. UNION PROFIT SHARING PLAN

Name: AVIS BUDGET DE PUERTO RICO INC - AVIS BUDGET PUERTO RICO, INC. UNION PROFIT SHARING PLAN (2018) Form 5500
Creator: AVIS BUDGET DE PUERTO RICO INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVIS BUDGET PUERTO RICO, INC. UNION PROFIT SHARING PLAN, AVIS BUDGET DE PUERTO RICO INC

AVIS BUDGET DE PUERTO RICO INCEIN 66-0645168Plan #002PY 2018

787-253-5909

Other plans on this EIN

1 filing

#001Retirement-$545K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.1M

+1.5% from 2017

Total participants

-10.5% from 2017

Average account balance

$31,651

+3.0% from 2017

Annual return

3.53%

-6.57 pp from 2017

Benchmarks

See 3,617 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,617 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.96M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$50K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$247K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.53%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$9601

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2J3C3H

Plan features

2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$224K

$3347 / participant

Other / not subdivided$224K100.0%

% of EOY assets

10.574%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,651

$49,280-35.8%

$67,313-53.0%

$64,173-50.7%

Participation rate

98.5%

60.8%+37.7pp

69.1%+29.4pp

69.6%+28.9pp

Annual return

3.53%

-1.39%+4.9pp

-4.08%+7.6pp

7.63%-4.1pp

Employer contribution / active EE

$1,049

$1,668-37.1%

$2,566-59.1%

$2,381-56.0%

Participant deferral / active EE

$1,515

$2,484-39.0%

$3,568-57.5%

$3,470-56.3%

Admin fee / account holder

$3,347

$3,863-13.4%

$4,507-25.7%

$4,887-31.5%

AVIS BUDGET PUERTO RICO, INC. UNION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVIS BUDGET PUERTO RICO, INC. UNION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion