401(k) · DOL Form 5500 · 2023

Carvana, LLC 401(k) Plan

Data updated 2026-08-11

$216M
Total assets
11,717
Participants
95th
Percentile by assets
$18,416
Avg per participant
PlainRetire home → About this data

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.

  • 95th percentile by assets (of 127,072 plans)
  • #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.

$216M
total plan assets (2023 EOY)
11,717
covered participants
95th
percentile by assets (of 127,072 plans)
$18,416
avg assets per participant

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 →

State
Industry

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Carvana, LLC 401(k) Plan reports 11,717 participants - 21x that state average ($216M EOY assets).

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)

$150M$200M$250M$300M 202220232024 $172M $267M ▲ +55.3%
Total plan assets by year, all Carvana, LLC plans on file
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

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) …Bechtel Trust & Thri…Banner Health Employ…Republic Services, I…Freeport-Mcmoran Inc…Stantec 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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Carvana, LLC 401(k) Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Carvana, LLC 401(k) Plan's numbers.