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Original filing (PDF)20251014161511NAL0004490768002
AVIS BUDGET GROUP, INC.
Form 5500
FILING_RECEIVED
AVIS RENT A CAR SYSTEM, LLC PENSION PLAN
Defined-benefit pension plan
Signals · 1
54% in single holding
Active participants
39
Accounts w/ balance
—
Plan assets (EOY)
$87.5M
Net assets (EOY)
$87.5M
How this plan invests
This plan
13 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
75
Participation health
100
Knocking points off
- Top holding "Vanguard Long-Term Investment-Grade Adm" is 54% of plan.
- 29 bps in Schedule C fees — 84% above peer band of 16 bps.
- Plan is frozen (1I) — no new benefit accrual.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for AVIS BUDGET GROUP, INC..
Plan sponsor
Name
AVIS BUDGET GROUP, INC.
EIN
06-0918165
Address
379 INTERPACE PARKWAY · PARSIPPANY, NJ · 07054
Phone
(973) 428-9700
Industry
All Other Professional Services· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
1A · Pay-related DB formula
1I · Frozen plan — no new benefit accrual
3H · Sponsor in controlled / affiliated group
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
GELTRUDE & COMPANY, LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | 13-3689044 | — | RECORD KEEPER | $233K | — |
Broker
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CLEARSTEAD ADVISORS, LLC | 34-1597728 | — | BROKER | $24K | — |
| NATIONAL FINANCIAL SERVICES | 04-3523567 | — | SECURITIES BROKER | $0 | — |
Investments
13 direct securities· $87.5M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Long-Term Investment-Grade Adm | — | 6,674,091 | $55.6M | $47.2M | 54.0% | |
| Vanguard Long-Term Bond Index I | — | 1,211,201 | $16.5M | $12.6M | 14.4% | |
| Vanguard Institutional Index I | — | 22,055 | $5.1M | $10.6M | 12.1% | |
| Hartford International Opportunities R6 | — | 150,441 | $2.3M | $2.9M | 3.3% | |
| Transamerica International Equity R6 | — | 129,085 | $2.4M | $2.7M | 3.0% | |
| Harbor Capital Appreciation Instl | — | 20,115 | $1.5M | $2.3M | 2.6% | |
| Touchstone Value Institutional | — | 180,959 | $1.8M | $2.1M | 2.4% | |
| DFA International Small Company I | — | 89,372 | $1.7M | $1.7M | 2.0% | |
| Hartford Schroders Diversified Emer Mark Sdr | — | 171,302 | $1.3M | $1.4M | 1.6% | |
| AMG TimesSquare Small Cap Growth Z | — | 106,772 | $1.6M | $1.4M | 1.6% | |
| Victory Integrity Small-Cap Value R6 | — | 37,721 | $1.3M | $1.2M | 1.4% | |
| Vanguard Mid Cap Index I | — | 15,639 | $587K | $1.1M | 1.3% | |
| Federated Hermes Govt Oblig Premier | — | 293,538 | $294K | $294K | 0.3% |
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