ESOP · DOL Form 5500 · 2022

Karmak, Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
202
Participants Below avg headcount
59th
Percentile by assets National rank
$36,744
Avg per participant Low balance/head
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Official DOL plan name: Karmak, Inc. Employee Stock Ownership Plan · Sponsored by Karmak, Inc. · Illinois · Professional & Technical Services

$7M in assets, 202 participants

Karmak, Inc.'s Karmak, Inc. Employee Stock Ownership Plan reported $7M in total assets and 202 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #12,261 in Professional & Technical Services (21,562 peers)

Coverage in Illinois

Karmak, Inc. Employee Stock Ownership Plan covers 202 participants in Illinois, about 26% of the average Illinois filer (state average ~779 per filing). Assets: $7M.

#12,261
in Professional & Technical Services (21,562 peers)
+247.8%
assets growth YoY

The plan reported a net loss of $67K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Karmak, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Karmak, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$7,422,382 Top 41% higher than 59% 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. Employee Stock Ownership 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. Karmak, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (202 participants).

Form 5500 schedule snapshot

Filing strip 371112601 · Karmak, Inc. PY 2022 · ESOP

Karmak, Inc. Employee Stock Ownership Plan · $7M · 202 · 59th

  • EIN $7M
  • RANK 202
  • PHOTO 59th
  • IND ESOP
  • EOY near Pls Employee Stock Ownership Plan
  • 5500 ind #12261

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 What is an ESOP? → · Plans in Illinois →

Karmak, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Karmak, Inc. Employee Stock Ownership PlanKarmak, Inc. Employee Stock …$7MPls Employee Stock Ownership PlanPls Employee Stock Ownership…$7MFirst Federal Bank of Wisconsin Employee Stock Ownership PlanFirst Federal Bank of Wiscon…$7MTexas Research International, Inc. Employee Stock Ownership Plan & TrustTexas Research International…$7MCascade Energy, Inc. Employee Stock Ownership PlanCascade Energy, Inc. Employe…$7M
End-of-year total assets ($M) among Karmak, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$67K
Employer EIN371112601
Plan Effective Date2003-01-01
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 ESOP Plans in Illinois

Peer ESOP plans, same state, same plan type, ranked by total assets.

Karmak, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Karmak, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.007422382 · Participants: 202Karmak, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.751765578 · Participants: 4361Amsted Industries Incorporated Employees' Stock Ownership PlanOri 401(k) Savings and Profit Sharing Plan, Total assets ($B): 1.70457972 · Participants: 10023Ori 401(k) Savings and Profit Sharing PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.163229548 · Participants: 3905Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 0.970067277 · Participants: 495Scot Forge Company Employee Stock Ownership PlanRli Corp. Employee Stock Ownership Plan, Total assets ($B): 0.341695997 · Participants: 826Rli Corp. Employee Stock Ownership Plan
Karmak, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Karmak, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Karmak, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Pls Employee Stock Ownership Plan in WI ($7M); by covered participants it is Agrivision, Inc. Employee Stock Ownership Plan in CA (202 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (202 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. Employee Stock Ownership Plan assets move in 2022? ▼
Karmak, Inc. Employee Stock Ownership Plan surged - up 247.8% during 2022, from $2M to $7M. Reported net income was -$67K.
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.
Which ESOP plans are similar in size to Karmak, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Pls Employee Stock Ownership Plan in WI ($7M, 111 participants).
Which ESOP plans cover a similar participant headcount to Karmak, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Agrivision, Inc. Employee Stock Ownership Plan in CA (202 participants, $1M 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.