401(k) · DOL Form 5500 · 2022

Karmak, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
228
Participants Below avg headcount
79th
Percentile by assets National rank
$96,930
Avg per participant Below avg balance/head
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Official DOL plan name: Karmak, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Karmak, Inc. · Illinois · Professional & Technical Services

$22M in assets, 228 participants

Karmak, Inc.'s Karmak, Inc. 401(k) Profit Sharing Plan and Trust reported $22M in total assets and 228 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #17,046 in Professional & Technical Services (21,562 peers)

Coverage in Illinois

Karmak, Inc. 401(k) Profit Sharing Plan and Trust covers 228 participants in Illinois, about 29% of the average Illinois filer (state average ~779 per filing). Assets: $22M.

#17,046
in Professional & Technical Services (21,562 peers)
-24.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Karmak, Inc. 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Karmak, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$22,100,020 Top 21% higher than 79% 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

Karmak, Inc. 401(k) Profit Sharing Plan and Trust 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. Karmak, Inc. 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (228 participants).

Published 5500 schedule card

Filing strip 371112601 · Karmak, Inc. PY 2022 · 401(k)

Karmak, Inc. 401(k) Profit Sharing Plan and Trust · $22M · 228 · 79th

  • BOOK $22M
  • VS-ST 228
  • BOY 79th
  • SCH 401(k)
  • EBSA near Control Technologies, Inc. 401(k) Plan
  • PART ind #17046

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Karmak, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Karmak, Inc. 401(k) Profit Sharing Plan and TrustKarmak, Inc. 401(k) Profit S…$22MControl Technologies, Inc. 401(k) PlanControl Technologies, Inc. 4…$22MDatcu Credit Union 401(k) Retirement PlanDatcu Credit Union 401(k) Re…$22MBorealis Compounds, Inc. Savings PlanBorealis Compounds, Inc. Sav…$22MArnold Companies, Inc. 401(k) Profit Sharing PlanArnold Companies, Inc. 401(k…$22M
End-of-year total assets ($M) among Karmak, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$22M
Net Income-$7M
Employer EIN371112601
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Karmak, Inc.)

Sponsor-wide plan assets over time

All Karmak, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$44M 49.98969934763438% vs 2022
2024 filing year
$25M$30M$35M$40M$45M$50M 202220232024 $29.5M $44.3M ▲ +50.0%
Year Plans Participants Total Assets
2022 2 430 $30M
2023 2 407 $36M
2024 2 424 $44M

Nearby 401(k) Plans in Illinois

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

Karmak, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Karmak, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.02210002 · Participants: 228Karmak, Inc. 401(k) Profit Sharing Plan and TrustState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Karmak, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Karmak, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Karmak, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Control Technologies, Inc. 401(k) Plan in VT ($22M); by covered participants it is Jsi Store Fixtures Employee Savings Plan in ME (228 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (228 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 Karmak, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2022? ▼
Karmak, Inc. 401(k) Profit Sharing Plan and Trust declined sharply - down 24.2% during 2022, from $29M to $22M. Reported net income was -$7M.
How have Karmak, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Karmak, Inc.'s sponsor-wide assets grew 50.0%, from $30M to $44M.
Where does Karmak, Inc. 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Karmak, Inc. 401(k) Profit Sharing Plan and Trust ranks in the 79th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Karmak, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Control Technologies, Inc. 401(k) Plan in VT ($22M, 156 participants).
Which 401(k) plans cover a similar participant headcount to Karmak, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Jsi Store Fixtures Employee Savings Plan in ME (228 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 371112601.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.