401(k) · DOL Form 5500 · 2022

Karsten Manufacturing Corporation 401(k) Plan

Data updated 2026-08-11

$224M
Total assets
897
Participants
96th
Percentile by assets
$250,248
Avg per participant
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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.

  • 96th percentile by assets (of 139,126 plans)
  • #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.

$224M
total plan assets (2022 EOY)
897
covered participants
96th
percentile by assets (of 139,126 plans)
$250,248
avg assets per participant

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.

State
Industry

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs the 2022 asset distribution

By assets, Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

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)

$200M$250M$300M 202220232024 $224M $292M ▲ +29.9%
Total plan assets by year, all Karsten Manufacturing Corporation plans on file
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

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 Manufacturin…Banner Health Employ…Freeport-Mcmoran Inc…Republic Services, I…Stantec 401(k) PlanReliance Steel & Alu…
Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan by total assets, not by location.

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).

Next read for Karsten Manufacturing Corporation and Su…

Scale reading

Ways to act on Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan's numbers.

  • By total assets, Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Arizona. Compare plans
  • Karsten Manufacturing Corporation's sponsor-wide assets have grown 29.9% since 2022 across 3 plan years on file. More Manufacturing plans