Plan Snapshot
- Plan Sponsor: Cargurus, INC.
- Sponsor EIN: 043843478
- Sponsor Address: 2 CANAL PARK, CAMBRIDGE, MA, 02141
- Plan Type: 401(k)
- Total Participants: 1,053
- Total Assets: $138.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,053 | $138.4M | $6.1M | $15.6M |
| 2023 | 1,042 | $106.3M | $5.9M | $14.6M |
| 2022 | 966 | $72.8M | $4.7M | $12.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $155,373 | — | $155,373 |
| MATTHEW J. BERNIER CPA LLC | ACCOUNTANT/AUDITOR | $8,146 | — | $8,146 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $163,519
- Estimated Expense Ratio: 0.118% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $167,269 | — | — | $8,146 | — |
| 2023 | $137,911 | — | — | $7,331 | — |
| 2022 | $141,576 | — | — | — | — |