401(k) · DOL Form 5500 · 2022

Karma Automotive LLC 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
172
Participants Small participant base
82nd
Percentile by assets National rank
$159,465
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Karma Automotive LLC Retirement Plan · Sponsored by Karma Automotive LLC · California · Manufacturing

$27M in assets, 172 participants

Karma Automotive LLC's Karma Automotive LLC Retirement Plan reported $27M in total assets and 172 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #15,256 in Manufacturing (20,602 peers)

Coverage in California

Karma Automotive LLC Retirement Plan covers 172 participants in California, about 27% of the average California filer (state average ~630 per filing). Assets: $27M.

#15,256
in Manufacturing (20,602 peers)
-18.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Karma Automotive LLC Retirement Plan's outsized position by total assets

Karma Automotive LLC Retirement Plan vs every filed plan by assets

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

$27,428,063 Top 18% higher than 82% 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

Karma Automotive LLC Retirement 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. Karma Automotive LLC Retirement Plan sits mid-pack in the medium band (172 participants).

Form 5500 schedule snapshot

Filing strip 465065972 · Karma Automotive LLC PY 2022 · 401(k)

Karma Automotive LLC Retirement Plan · $27M · 172 · 82nd

  • SCH $27M
  • SCH 172
  • SCH 82nd
  • SCH 401(k)
  • SCH near Rlj-Mclarty-Landers Automotive Holdings, LLC 401(k) Plan
  • SCH ind #15256

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 California →

Karma Automotive LLC Retirement Plan in the asset neighbourhood

Karma Automotive LLC Retirement PlanKarma Automotive LLC Retirem…$27MRlj-Mclarty-Landers Automotive Holdings, LLC 401(k) PlanRlj-Mclarty-Landers Automoti…$27MBanksouth's 401(k) Plan$27MHaley Ward Employee Stock Ownership 401(k) PlanHaley Ward Employee Stock Ow…$27MMidwest Tape, LLC 401(k) Profit Sharing PlanMidwest Tape, LLC 401(k) Pro…$27M
End-of-year total assets ($M) among Karma Automotive LLC Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$27M
Net Income-$6M
Employer EIN465065972
Plan Effective Date2010-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Karma Automotive LLC)

Sponsor-wide plan assets over time

All Karma Automotive LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 26.004913288991645% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.4M $34.6M ▲ +26.0%
Year Plans Participants Total Assets
2022 1 172 $27M
2023 1 232 $32M
2024 1 214 $35M

Nearby 401(k) Plans in California

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

Karma Automotive LLC Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Karma Automotive LLC Retirement Plan, Total assets ($B): 0.027428063 · Participants: 172Karma Automotive LLC Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Karma Automotive LLC Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Karma Automotive LLC Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Rlj-Mclarty-Landers Automotive Holdings, LLC 401(k) Plan in TX ($27M); by covered participants it is Diverse Staffing Services, Inc. Retirement Readiness 401(k) Plan in IN (172 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (172 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 Karma Automotive LLC Retirement Plan assets move in 2022?
Karma Automotive LLC Retirement Plan declined sharply - down 18.2% during 2022, from $34M to $27M. Reported net income was -$6M.
How have Karma Automotive LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Karma Automotive LLC's sponsor-wide assets grew 26.0%, from $27M to $35M.
Where does Karma Automotive LLC Retirement Plan rank by assets among Form 5500 filers?
Karma Automotive LLC Retirement Plan ranks in the 82nd 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 Karma Automotive LLC Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Rlj-Mclarty-Landers Automotive Holdings, LLC 401(k) Plan in TX ($27M, 1,753 participants).
Which 401(k) plans cover a similar participant headcount to Karma Automotive LLC Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Diverse Staffing Services, Inc. Retirement Readiness 401(k) Plan in IN (172 participants, $1M in assets).