Plan Ledger DOL Form 5500 · updated monthly

Cars.com, LLC401(k)

CARS.COM, LLC 401(K) RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Cars.com, LLC reported $147,706 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,187 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 0.10% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 287th-largest of 3,702 plans among Illinois employers on file, and the 680th of 11,654 in professional & technical services. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$241,117,249
Participants with balances2,510
Active participants1,648
Employer contributions$6,900,310
Employee contributions$13,846,184
Employer contribution per active participant$4,187
Average account balance$96,063
Benefits paid to participants$18,187,657
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$241.1M · 2,510 accts · $6.9M emplr
2023$204.5M · 2,550 accts · $6.6M emplr
2022$164.3M · 2,617 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,356
Audit (IQPA)$28,350
Total administrative$147,706
The Cars.com, LLC 401(k) match · 2024
Employer contribution per active participant$4,187
Median for plans this size$3,635
2024$4,187 per active participant
2023$4,007 per active participant
2022$3,462 per active participant

Cars.com, LLC's 2024 employer contribution ran above the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$119,356
GRANT THORNTON LLP · Accounting / audit$28,350
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$147,706 · 0.07%
2023$130,185 · 0.07%
2022$170,999 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Illinois
Sikich LLP IL$280.1M · 0.02%
Norc, Inc. IL$246.8M · 0.08%
Smithbucklin Corporation IL$242.5M · 0.19%
Exp U.S. Services, Inc. IL$230.7M · 0.18%
Applied Systems, Inc. IL$225.8M · 0.14%
Chapman and Cutler LLP IL$210.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364466253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.