Flight Centre Travel Group (USA) Inc 401(k) Review & Grade
Flight Centre Travel Group (USA) Inc 401(k) Plan
Montvale, NJAdministrative, Support & Staffing Services1,163 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,812Employer $ per active participant
$6,431Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$149.2MNet plan assets, end of year
$87,685Average balance per account
Score breakdown
- Employer generosity38.1 / 5076th percentile for employer $ per participant
- Low cost19.1 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving13.1 / 1588th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score80 / 100 · Grade A
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 76th |
| Lower admin cost | 76th |
| Employee saving | 88th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Flight Centre Travel Group (USA) put in about $1,812 per active participant, more than the typical peer ($712). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,107,855 |
| Participant (employee) contributions | $7,479,610 |
| Other contributions (incl. rollovers in) | $940,162 |
| Administrative expenses paid from the plan | $128,825 |
| Contract administrator fees | $128,825 |
| Benefits paid out | $18,870,803 |
| Net assets, start / end of year | $137.2M / $149.2M |
| Active participants, start / end of year | 1,262 / 1,064 |
| Participants with account balances | 1,701 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Smolin Lupin & Co., LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $128,824 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014132634NAL0002881201001, received 2025-10-14, EIN 13-2635933, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.