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KAR Global-OpenLane / FAQs

Is there a retirement plan or other savings plan available at KAR Global-OpenLane?

Yes, KAR Global-OpenLane offers a 401K plan as part of its benefits package. Employees are eligible to participate in the plan after one year of employment. Employees can contribute up to a maximum of $19,500 in 2021, or $26,000 if age 50 or older. Employees have the opportunity to select from a variety of investment options, including mutual funds, bonds, and stocks. KAR Global-OpenLane also offers a profit-sharing program and a match on employee contributions.

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