Carmax, Incbenefits
Carmax, Inc Master Welfare Plan · RICHMOND, VA · plan year 2024
Previously filed as Carmax, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Carmax, Inc's benefits plans covered 29,514 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $3,273,918 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $111 per covered person, below the median for employer plans that report broker pay. Broker pay rose 124% from $1,459,734 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541821055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.