Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
CARMAX, INC
EIN 54-1821055retailLatest filing 2025
Plans
4
Retirement
2
$2.01B assets
Welfare
2
$21.8M premiums
Participants
70,568
12800 TUCKAHOE CREEK PKWY - RICHMOND, VA 232381115804-747-0422carmax.comLinkedIn10001+ employeesretail
Retirement portfolio analytics
2 plans aggregated / $2.01B assets / 40,957 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
90%top
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
2 plans / $21.8M premiums / 31,551 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$11.0M
- Health$8.6M
- Long-term disability$8.4M
- Life$2.3M
- Short-term disability$2.3M
Carrier market share
Premium dollars by Schedule A carrier
49%top
- PRUDENTIAL INSURANCE COMPANY OF AMERICA49%
- KAISER FOUNDATION HEALTH PLAN INC39%
- AFLAC12%
- NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA0%
Broker market share
Schedule A broker compensation
82%top
- SEDGWICK CLAIMS MANAGEMENT SERVICES82%
- STRATEGIC EMPLOYEE BENEFIT SERVICES10%
- MARSH & MCLENNAN AGENCY LLC7%
- MERCER HEALTH AND BENEFITS, LLC0%
- IMG0%
- +1 more
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#003
CARMAX, INC. RETIREMENT SAVINGS PLAN
401k
Assets$1.81B
Participants33,911
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#004
CARMAX, INC. PENSION PLAN
TraditionalDB
Assets$199.2M
Participants7,046
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#514
CARMAX, INC MASTER WELFARE PLAN
Mixed - PRUDENTIAL INSURANCE COMPANY OF AMERICA
Premiums$21.8M
Covered lives31,551
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#515
CARMAX, INC. SEVERANCE PAY PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 003 | CARMAX, INC. RETIREMENT SAVINGS PLAN | 401k | $1.81B | 33,911 | 2024 | |
| 004 | CARMAX, INC. PENSION PLAN | TraditionalDB | $199.2M | 7,046 | 2024 |
Welfare plans2
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 514 | CARMAX, INC MASTER WELFARE PLAN | Mixed | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $21.8M | 31,551 | 2025 | |
| 515 | CARMAX, INC. SEVERANCE PAY PLAN | Self Funded | - | $0 | 0 | 2025 |
Retirement plans
Welfare plans