401(k) · DOL Form 5500 · 2022

Karsten Manufacturing Corporation 401(k) Plan

Data updated 2026-08-25

$224M
Total assets Near avg plan size
897
Participants Near avg headcount
96th
Percentile by assets National rank
$250,248
Avg per participant Above avg balance/head
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Official DOL plan name: Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan · Sponsored by Karsten Manufacturing Corporation · Arizona · Manufacturing

$224M in assets, 897 participants

Karsten Manufacturing Corporation's Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan reported $224M in total assets and 897 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,284 in Manufacturing (20,602 peers)

Where Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan sits by assets

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan sits in the top 5% of all filed plans by assets, $224M for 897 participants (~$250,248/participant), down 15.7% in 2022.

#19,284
in Manufacturing (20,602 peers)
-15.7%
assets change YoY
2.3×
vs typical plan assets (national mean)

The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan's outsized position by total assets

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$224,472,232 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan sits mid-pack in the medium band (897 participants).

Plan-year Form 5500 strip

Filing strip 860210248 · Karsten Manufacturing Corporation PY 2022 · 401(k)

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan · $224M · 897 · 96th

  • ASSETS $224M
  • ASSETS 897
  • ASSETS 96th
  • ASSETS 401(k)
  • ASSETS near Stevens & Lee Savings Plan
  • ASSETS ind #19284

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Arizona →

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan in the asset neighbourhood

Nclc 401(k) Plan$225MThyssenkrupp 401(k) Plan North AmericaThyssenkrupp 401(k) Plan Nor…$225MKarsten Manufacturing Corporation and Subsidiaries 401(k) PlanKarsten Manufacturing Corpor…$224MStevens & Lee Savings Plan$224MLife Time and Its Affiliates 401(k) PlanLife Time and Its Affiliates…$224M
End-of-year total assets ($M) among Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$266M
Net Assets (End of Year)$224M
Net Income-$42M
Employer EIN860210248
Plan Effective Date1971-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Karsten Manufacturing Corporation)

Sponsor-wide plan assets over time

All Karsten Manufacturing Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$292M 29.924703559770364% vs 2022
2024 filing year
$200M$250M$300M 202220232024 $224M $292M ▲ +29.9%
Year Plans Participants Total Assets
2022 1 897 $224M
2023 1 969 $264M
2024 1 1,072 $292M

Nearby 401(k) Plans in Arizona

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 01234 Total assets ($B) Participants Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan, Total assets ($B): 0.224472232 · Participants: 897Karsten Manufacturing Corporation and Subsidiaries 401(k) PlanBanner Health Employees 401(k) Plan, Total assets ($B): 3.566847679 · Participants: 50602Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 1.923226111 · Participants: 12362Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 1.806929859 · Participants: 28320Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 1.682454193 · Participants: 8764Stantec 401(k) PlanReliance Steel & Aluminum Co. Master 401(k) Plan, Total assets ($B): 1.33677823 · Participants: 9895Reliance Steel & Aluminum Co. Master 401(k) Plan
Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Stevens & Lee Savings Plan in PA ($224M); by covered participants it is Servantex 401(k) Plan in IN (897 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($224M here).

Similar participant headcount

Nearest other-state filings by covered participants (897 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan assets move in 2022? ▼
Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan declined sharply - down 15.7% during 2022, from $266M to $224M. Reported net income was -$42M.
How have Karsten Manufacturing Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Karsten Manufacturing Corporation's sponsor-wide assets grew 29.9%, from $224M to $292M.
Where does Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan rank by assets among Form 5500 filers? ▼
Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stevens & Lee Savings Plan in PA ($224M, 321 participants).
Which 401(k) plans cover a similar participant headcount to Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Servantex 401(k) Plan in IN (897 participants, $108K in assets).