Plan Ledger DOL Form 5500 · updated monthly

Copart, Inc.401(k)

COPART, INC. 401(K) RETIREMENT SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Copart, Inc. reported $620,000 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $350 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 rose from 0.27% to 0.50%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 514th-largest of 5,688 plans among Texas employers on file, and the 338th of 4,246 in wholesale trade. In 2024, employees put in $5.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$131,368,672
Participants with balances5,638
Active participants7,203
Employer contributions$2,518,038
Employee contributions$13,222,892
Employer contribution per active participant$350
Average account balance$23,301
Benefits paid to participants$15,615,751
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$131.4M · 5,638 accts · $2.5M emplr
2023$114.7M · 4,696 accts · $1.8M emplr
2022$95.1M · 2,678 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$487,453
Investment management$81,397
Total administrative$620,000
The Copart, Inc. 401(k) match · 2024
Employer contribution per active participant$350
Median for plans this size$3,635
2024$350 per active participant
2023$248 per active participant
2022$234 per active participant

Copart, Inc.'s 2024 employer contribution ran below the $3,635 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.

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 · 20244
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$487,453
LOCKTON INVESTMENT ADVISORS, LLC · Investment advisory (participants)$72,694
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$28,547

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

Administrative cost history3
2024$620,000 · 0.50%
2023$344,137 · 0.33%
2022$277,321 · 0.27%
Same employer
Similar plansWholesale Trade · Texas
Interstate Batteries, Inc. TX$141.4M · 0.23%
Fossil Group Inc. TX$120.4M · 0.19%
Inside Plastics TX$109.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942867490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.