401(k) · DOL Form 5500 · 2023

Carvana, LLC 401(k) Plan

Data updated 2026-08-25

$216M
Total assets Near avg plan size
11,717
Participants Very large workforce
95th
Percentile by assets National rank
$18,416
Avg per participant Low balance/head
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Official DOL plan name: Carvana, LLC 401(k) Plan · Sponsored by Carvana, LLC · Arizona · Retail Trade

$216M in assets, 11,717 participants

Carvana, LLC's Carvana, LLC 401(k) Plan reported $216M in total assets and 11,717 participants in its 2023 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,180 in Retail Trade (8,414 peers)

Coverage in Arizona

Carvana, LLC 401(k) Plan covers 11,717 participants in Arizona, 21x the typical Arizona plan (state average ~564 per filing). Assets: $216M.

#8,180
in Retail Trade (8,414 peers)
+25.4%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Carvana, LLC 401(k) Plan's outsized position by total assets

Carvana, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$215,783,070 Top 5% higher than 95% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Carvana, LLC 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carvana, LLC 401(k) Plan is a mega filing (11,717 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carvana, LLC 401(k) Plan reported net income fell from $81M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Carvana, LLC 401(k) Plan reported participants fell from 20,696 in the plan year 2022 filing to 11,717 in the plan year 2023 filing.
  • Carvana, LLC 401(k) Plan end-of-year assets rose from $172M in the plan year 2022 filing to $216M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 454788036 · Carvana, LLC PY 2023 · 401(k)

Carvana, LLC 401(k) Plan · $216M · 11,717 · 95th

  • PART $216M
  • PART 11,717
  • PART 95th
  • PART 401(k)
  • PART near Consilio 401(k) Plan
  • PART ind #8180

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Arizona →

Carvana, LLC 401(k) Plan in the asset neighbourhood

Restek Corporation Profit Sharing and ESOPRestek Corporation Profit Sh…$216MBroadview Retirement Savings PlanBroadview Retirement Savings…$216MTitan America LLC 401(k) Retirement Savings PlanTitan America LLC 401(k) Ret…$216MConsilio 401(k) Plan$216MCarvana, LLC 401(k) Plan$216M
End-of-year total assets ($M) among Carvana, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$172M
Net Assets (End of Year)$216M
Net Income$44M
Employer EIN454788036
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carvana, LLC)

Sponsor-wide plan assets over time

All Carvana, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$267M 55.26840173932602% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $172M $267M ▲ +55.3%
Year Plans Participants Total Assets
2022 1 20,696 $172M
2023 1 11,717 $216M
2024 1 13,622 $267M

Nearby 401(k) Plans in Arizona

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Carvana, LLC 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 -20246 Total assets ($B) Participants Carvana, LLC 401(k) Plan, Total assets ($B): 0.21578307 · Participants: 11717Carvana, LLC 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Carvana, LLC 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Scale composition for Carvana, LLC 401(k) Plan

Carvana, LLC 401(k) Plan reports $216M in end-of-year assets across 11,717 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $18,416 per participant (13% of the national average assets-per-participant) . Net income for plan year 2023 was $44M.

This plan identity (EIN 454788036, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $172M to $267M (+55.3%) while covered participants moved from 20,696 to 13,622 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 20,696 $172M Open filing
2023 11,717 $216M This page
2024 · index core 13,622 $267M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Carvana, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Consilio 401(k) Plan in DC ($216M); by covered participants it is Ciena Healthcare Management, Inc. 401(k) Plan in MI (11,713 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($216M here).

Similar participant headcount

Nearest other-state filings by covered participants (11,717 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Carvana, LLC 401(k) Plan assets move in 2023? ▼
Carvana, LLC 401(k) Plan grew sharply - up 25.4% during 2023, from $172M to $216M. Reported net income was $44M.
How have Carvana, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carvana, LLC's sponsor-wide assets grew 55.3%, from $172M to $267M.
Where does Carvana, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Carvana, LLC 401(k) Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Carvana, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Consilio 401(k) Plan in DC ($216M, 5,782 participants).
Which 401(k) plans cover a similar participant headcount to Carvana, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ciena Healthcare Management, Inc. 401(k) Plan in MI (11,713 participants, $113M in assets).