Carmax, Inc. Pension 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. Pension Plan is a benefit plan reported by Carmax, Inc. under EIN 54-1821055 and plan number 004. The latest loaded filing year is 2023. The filing reports 7,765 participants and $204,452,803 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Carmax, Inc.
EIN
54-1821055
Plan number
004
Plan type
2
Location
Richmond, VA
Latest filing year
2023
Participants
7,765
End-of-year plan assets
$204,452,803

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,765H, C20241010140229NAL0040316274001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$204,452,803
Total liabilities (EOY)
$159,606
Net assets (EOY)
$204,293,197
Net assets (BOY)
$184,114,046

Income & contributions

Employer contributions
$305,000
Total contributions
$305,000
Total income / additions
$29,264,229

Expenses & distributions

Benefits paid
$5,970,708
Administrative expenses
$3,114,370
Total expenses
$9,085,078
Net increase / (decrease)
$20,179,151

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
AonRECORDKEEPING$545,871$02023
PrincipalSERVICE PROVIDER$200,000$02023
William M MercerACTUARY$154,941$02023
Forvis Mazars, LlpAUDITOR$18,000$02023

Related Form 5500 pages