Plan Ledger DOL Form 5500 · updated monthly

Carnival Corporation401(k)

CARNIVAL CORPORATION FUN SHIP SAVINGS PLAN · DORAL, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Carnival Corporation reported $349,981 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,343 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.09% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 84th-largest of 3,644 plans among Florida employers on file, and the 78th of 2,677 in transportation & warehousing. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 3,031 to 3,725 since 2022.

Plan summary
Net assets, end of year$500,579,892
Participants with balances4,486
Active participants3,725
Employer contributions$16,176,594
Employee contributions$25,286,197
Employer contribution per active participant$4,343
Average account balance$111,587
Benefits paid to participants$21,633,768
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT
Plan history3
Yearassets · accounts · employer contribution
2024$500.6M · 4,486 accts · $16.2M emplr
2023$421.3M · 4,305 accts · $14.4M emplr
2022$347.4M · 3,902 accts · $14.6M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$349,981
Total administrative$349,981
The Carnival Corporation 401(k) match · 2024
Employer contribution per active participant$4,343
Median for plans this size$4,294
2024$4,343 per active participant
2023$4,026 per active participant
2022$4,814 per active participant

Carnival Corporation's 2024 employer contribution ran above the $4,294 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
BANK OF AMERICA MERRILL LYNCH · Recordkeeping · Investment management$349,981
BERKOWITZ POLLACK BRANT · Accounting / auditindirect comp
WINSTON & STRAWN LLP · Legalindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$349,981 · 0.08%
2023$318,414 · 0.08%
2022$339,861 · 0.09%
Same employer
Similar plansTransportation & Warehousing · Florida
Spirit Airlines, Inc. FL$1.2B · 0.04%
Royal Caribbean Cruises LTD. FL$787.2M · 0.08%
Crowley Holdings Inc. FL$410.6M · 0.06%
Ncl Bahamas LTD FL$330.2M
Signature Aviation USA, LLC FL$304.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591562976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.