Carmax, Inc. Retirement Savings Plan — Form 5500 plan (Carmax, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Carmax, Inc. Retirement Savings Plan is a benefit plan reported by Carmax, Inc. under EIN 54-1821055 and plan number 003. The latest loaded filing year is 2023. The filing reports 35,868 participants and $1,528,978,894 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Carmax, Inc.
- EIN
- 54-1821055
- Plan number
- 003
- Plan type
- 2
- Location
- Richmond, VA
- Latest filing year
- 2023
- Participants
- 35,868
- End-of-year plan assets
- $1,528,978,894
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 35,868 | H, C | 20241009145633NAL0009327523001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,528,978,894
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,528,978,894
- Net assets (BOY)
- $1,209,022,595
Income & contributions
- Employer contributions
- $68,253,139
- Participant contributions
- $96,879,995
- Total contributions
- $173,324,839
- Total income / additions
- $418,417,615
Expenses & distributions
- Benefits paid
- $97,224,433
- Administrative expenses
- $1,125,112
- Total expenses
- $98,461,316
- Net increase / (decrease)
- $319,956,299
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| T Rowe Price Rps Inc | NONE | $1,081,142 | $0 | 2023 |
| Forvis Mazars, Llp | NONE | $21,900 | not reported in the loaded dataset | 2023 |
| Morningstar | NONE | $15,205 | not reported in the loaded dataset | 2023 |
| Alight Solutions LLC | NONE | $6,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Carmax, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Richmond, VA
- T Rowe Price Rps Inc — Schedule C compensation
- Forvis Mazars, Llp — Schedule C compensation
- Morningstar — Schedule C compensation
- Alight Solutions LLC — Schedule C compensation