Travel Leaders Group Holdings, LLC 401(k) Review & Grade
Travel Leaders Group Holdings LLC 401(k) Plan
Plymouth, MNAdministrative, Support & Staffing Services1,665 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,523Employer $ per active participant
$5,122Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$130.9MNet plan assets, end of year
$65,151Average balance per account
Score breakdown
- Employer generosity35.5 / 5071th percentile for employer $ per participant
- Low cost20.6 / 2582th percentile for low admin cost vs. same-size plans
- Employee saving11.6 / 1578th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score75 / 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 | 71th |
| Lower admin cost | 82th |
| Employee saving | 78th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Corrective distributions: the plan refunded $8,146 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Travel Leaders Group Holdings put in about $1,523 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 | $2,535,358 |
| Participant (employee) contributions | $8,528,880 |
| Other contributions (incl. rollovers in) | $702,465 |
| Administrative expenses paid from the plan | $84,885 |
| Investment advisory & management fees | $60,000 |
| Other admin expenses | $25 |
| Benefits paid out | $15,667,460 |
| Net assets, start / end of year | $121.4M / $130.9M |
| Active participants, start / end of year | 1,737 / 1,593 |
| Participants with account balances | 2,009 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Caron & Bletzer, PLLC |
Largest service providers (Schedule C)
| Hightower Advisors, LLC | $60,000 reported compensation |
| Caron & Bletzer, PLLC | $13,750 reported compensation |
| Merrill Lynch, Pierce, Fenner and S | $11,110 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250630142856NAL0027719026001, received 2025-06-30, EIN 81-5047261, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.