CARLOTZ, INC. 401(K) PLAN

Plan Contact

  • Address: 290 DIVISION STREET,,SAN FRANCISCO,CA
  • Contact person: SOPHIA DARLING-SMITH
  • Phone: (512) 299-2705

Plan General Information

CARLOTZ, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of CARLOTZ, INC. 401(K) PLAN is $4,261,892.00.This plan was established in 2016.

CARLOTZ, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in CARLOTZ, INC. 401(K) PLAN is 612

CARLOTZ, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for CARLOTZ, INC. 401(K) PLAN is $6,963.00

CARLOTZ, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for CARLOTZ, INC. 401(K) PLAN is $3,526.00.

CARLOTZ, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in CARLOTZ, INC. 401(K) PLAN is approximately $1,365.00
Investing in this additonal $1,365.00 for 20 years would give you extra $87,400.00, assuming a 10% annual return.

CARLOTZ, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, CARLOTZ, INC. 401(K) PLAN allocates $835,769.00 to match its employees' contributions, providing an employer match rate of 55.76% of their contributions

CARLOTZ, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of CARLOTZ, INC. 401(K) PLAN is 39.09%.

CARLOTZ, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for CARLOTZ, INC. 401(K) PLAN is -13.32%. This measures the effectiveness of the plan participants' investments in the year.

CARLOTZ, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of CARLOTZ, INC. 401(K) PLAN is 0.56%.

Enrollment Features

CARLOTZ, INC. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.


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