Travel + Leisure Co. 401(k) Review & Grade
Travel + Leisure Co. Employee Savings Plan
Orlando, FLAccommodation & Food Services14,364 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,339Employer $ per active participant
$3,399Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$962.2MNet plan assets, end of year
$102,496Average balance per account
Score breakdown
- Employer generosity47.5 / 5095th percentile for employer $ per participant
- Low cost10.9 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1592th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Accommodation & Food Services plans with 10,000+ active participants (41 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 95th |
| Lower admin cost | 44th |
| Employee saving | 92th |
| Peers that auto-enroll | 24% |
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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
- Travel + Leisure put in about $2,339 per active participant, more than the typical peer ($393). 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.
- 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 | $33,595,522 |
| Participant (employee) contributions | $48,825,050 |
| Other contributions (incl. rollovers in) | $1,775,805 |
| Administrative expenses paid from the plan | $928,337 |
| Contract administrator fees | $166,785 |
| Benefits paid out | $110,324,784 |
| Net assets, start / end of year | $864.8M / $962.2M |
| Active participants, start / end of year | 14,490 / 14,239 |
| Participants with account balances | 9,388 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eisneramper, LLP |
| Employer stock held by plan | $28,408,821 |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $768,423 reported compensation |
| Clearstead Advisors, LLC | $98,419 reported compensation |
| Eisner Amper | $66,150 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250723134449NAL0001927651001, received 2025-07-23, EIN 20-0052541, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.