Cart.com, Inc. 401(k) Review & Grade
Cart.com Retirement Plan
Houston, TXAdministrative, Support & Staffing Services1,088 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,826Employer $ per active participant
$2,894Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$25.5MNet plan assets, end of year
$39,206Average balance per account
Score breakdown
- Employer generosity38.3 / 5076th percentile for employer $ per participant
- Low cost11.1 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving9.3 / 1562th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 76th |
| Lower admin cost | 45th |
| Employee saving | 62th |
| Peers that auto-enroll | 27% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Cart.com put in about $1,826 per active participant, more than the typical peer ($712). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,985,427 |
| Participant (employee) contributions | $3,147,438 |
| Other contributions (incl. rollovers in) | $6,381,786 |
| Administrative expenses paid from the plan | $51,630 |
| Benefits paid out | $3,164,072 |
| Net assets, start / end of year | $12.8M / $25.5M |
| Active participants, start / end of year | 998 / 1,177 |
| Participants with account balances | 651 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Greerwalker LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $51,630 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010101149NAL0004131379001, received 2025-10-10, EIN 85-2582907, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.