Caravel Academy401(k)
CARAVEL ACADEMY 401(K) PLAN · BEAR, DE · plan year 2024
Caravel Academy's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $10,899,590 across 130 participant accounts, with employer contributions averaging $843 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Delaware (146th of 242), and the 1,572nd of 3,341 in other services. In 2024, employees put in $3.26 for every $1.00 the employer contributed; active participation has grown from 127 to 141 since 2022.
Caravel Academy's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 222602110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.