ESOP · DOL Form 5500 · 2022

Karl's, Inc. ESOP

Data updated 2026-08-11

$15M
Total assets
260
Participants
73rd
Percentile by assets
$58,650
Avg per participant
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Official DOL plan name: Karl's Inc Employee Stock Ownership Plan and Trust · Sponsored by Karl's, Inc. · South Dakota · Retail Trade

$15M in assets, 260 participants

Karl's, Inc.'s Karl's Inc Employee Stock Ownership Plan and Trust reported $15M in total assets and 260 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 139,126 plans)
  • #7,900 in Retail Trade (9,519 peers)

Karl's, Inc. multi-year trail

Karl's, Inc.'s plans moved +50.1% in assets from 2022 to 2024; this filing shows Karl's Inc Employee Stock Ownership Plan and Trust at $15M / 260 participants.

$15M
total plan assets (2022 EOY)
260
covered participants
73rd
percentile by assets (of 139,126 plans)
$58,650
avg assets per participant

Where Karl's Inc Employee Stock Ownership Plan and Trust sits by total assets

Karl's Inc Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$15,249,057 Top 27% higher than 73% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Karl's, Inc. across 3 plan years on file

Across the 3 plan years Karl's, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $20M to $30M, a gain of 50.1%, while reported participants moved from 637 to 670 (+5.2%). Peak year by sponsor assets: 2024 ($30M); trough: 2022 ($20M).

Karl's, Inc. multi-year asset trail

$15M$20M$25M$30M$35M 202220232024 $20.2M $30.4M ▲ +50.1%
Total plan assets by year, all Karl's, Inc. plans on file
Year Plans Participants Total Assets
2022 2 637 $20M
2023 2 597 $25M
2024 2 670 $30M

Karl's, Inc. filing trail (2022)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$15M
Net Income$5M
Employer EIN460307274
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in South Dakota

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

Karl's Inc Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in South Dakota, assets vs. participants

Karl's Inc Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 0200400600800 020406080100 Total assets ($M) Participants Karl's Inc Employee …Showplace Wood Produ…Fishback Financial C…Bierschbach Equipmen…Re/Spec Inc. Employe…The Ramkota Companie…
Karl's Inc Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in South Dakota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Karl's Inc Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Karl's Inc Employee Stock Ownership Plan and Trust assets move in 2022?
Karl's Inc Employee Stock Ownership Plan and Trust surged - up 37.8% during 2022, from $11M to $15M. Reported net income was $5M.
How have Karl's, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Karl's, Inc.'s sponsor-wide assets grew 50.1%, from $20M to $30M.
Which ESOP plans are similar in size to Karl's Inc Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Paschal Associates Employee Stock Ownership Plan in NC ($15M, 15 participants).

Next read for Karl's Inc Employee Stock Ownership Plan…

Multi-year trail

Ways to act on Karl's Inc Employee Stock Ownership Plan and Trust's numbers.