2023 Form 5500 filing — Ab Car Rental Services Retirement Savings Plan For Bargaining Hourly Employees
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015125603NAL0029699473001) for Ab Car Rental Services Retirement Savings Plan For Bargaining Hourly Employees, reported by Avis Budget Group, Inc. under EIN 06-0918165 and plan number 005. It reports 4,257 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015125603NAL0029699473001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Avis Budget Group, Inc.
- EIN
- 06-0918165
- Plan number
- 005
- Location
- Parsippany, NJ
- Participants
- 4,257
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $74,327,650
- Total liabilities (EOY)
- $122,706
- Net assets (EOY)
- $74,204,944
- Employer contributions
- $1,404,632
- Participant contributions
- $5,184,307
- Total income / additions
- $16,688,341
- Benefits paid
- $5,473,156
- Administrative expenses
- $125,312
- Total expenses
- $5,716,907
- Net increase / (decrease)
- $10,971,434
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $110,312 | $0 |
| Clearstead Advisors, LLC | CONSULTANT | $15,000 | not reported in the loaded dataset |