Plan Snapshot
- Plan Sponsor: Carvana, LLC
- Sponsor EIN: 454788036
- Sponsor Address: 300 E RIO SALADO PKWY, TEMPE, AZ, 85281
- Plan Type: 401(k)
- Total Participants: 17,481
- Total Assets: $267.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 17,481 | $267.1M | $8.2M | $34.4M |
| 2023 | 13,622 | $215.8M | $7.7M | $32.5M |
| 2022 | 11,717 | $172.0M | $8.8M | $36.7M |
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 |
|---|---|---|---|---|
| GRANT THORNTON. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $516,090 | — | $600 | — | — |
| 2023 | $790,653 | — | $300 | — | — |
| 2022 | $613,354 | — | — | — | — |