401(k) · DOL Form 5500 · 2023

Karo Financial Services 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
10
Participants Small participant base
28th
Percentile by assets National rank
$161,286
Avg per participant Above avg balance/head
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Official DOL plan name: Karo Financial Services 401(k) Profit Sharing Plan & Trust · Sponsored by Karo Financial Services · Arizona · Professional & Technical Services

$2M in assets, 10 participants

Karo Financial Services's Karo Financial Services 401(k) Profit Sharing Plan & Trust reported $2M in total assets and 10 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #4,800 in Professional & Technical Services (20,321 peers)

Karo Financial Services multi-year trail

Karo Financial Services's plans moved +40.2% in assets from 2022 to 2023; this filing shows Karo Financial Services 401(k) Profit Sharing Plan & Trust at $2M / 10 participants.

#4,800
in Professional & Technical Services (20,321 peers)
+40.2%
assets growth YoY

Karo Financial Services 401(k) Profit Sharing Plan & Trust among the smaller filed plans by assets

Karo Financial Services 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,612,861 28th percentile higher than 28% of 127,068 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 2023

Karo Financial Services 401(k) Profit Sharing Plan & Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Karo Financial Services 401(k) Profit Sharing Plan & Trust is a micro filing (10 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Karo Financial Services 401(k) Profit Sharing Plan & Trust reported net income rose from -$58K in the plan year 2022 filing to $463K in the plan year 2023 filing.
  • Karo Financial Services 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Karo Financial Services 401(k) Profit Sharing Plan & Trust reported participants rose from 9 in the plan year 2022 filing to 10 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 860810958 · Karo Financial Services PY 2023 · 401(k)

Karo Financial Services 401(k) Profit Sharing Plan & Trust · $2M · 10 · 28th

  • RANK $2M
  • PHOTO 10
  • IND 28th
  • EOY 401(k)
  • 5500 near 403(b) Thrift Plan for Employees of Friends Aware, Inc.
  • ASSETS ind #4800

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 Arizona →

Karo Financial Services 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Karo Financial Services 401(k) Profit Sharing Plan & TrustKaro Financial Services 401(…$2M403(b) Thrift Plan for Employees of Friends Aware, Inc.403(b) Thrift Plan for Emplo…$2MBarton T. Gleave, D.D.S, P.C. 401(k) Profit Sharing PlanBarton T. Gleave, D.D.S, P.C…$2MWl Moore Construction, Inc. 401(k) Profit Sharing PlanWl Moore Construction, Inc. …$2MIdaho Heart Physicians Group, PLLC 401(k) PlanIdaho Heart Physicians Group…$2M
End-of-year total assets ($M) among Karo Financial Services 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Karo Financial Services multi-year asset trail

Sponsor-wide plan assets over time

All Karo Financial Services plans reported in each filing year

Latest sponsor-wide plan assets
$2M 40.24939238866256% vs 2022
2023 filing year
$1M$1.2M$1.4M$1.6M$1.8M 20222023 $1.15M $1.61M ▲ +40.0%
Year Plans Participants Total Assets
2022 1 9 $1M
2023 1 10 $2M

Karo Financial Services filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$463K
Employer EIN860810958
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Arizona

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

Karo Financial Services 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Karo Financial Services 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.001612861 · Participants: 10Karo Financial Services 401(k) Profit Sharing Plan & TrustBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Karo Financial Services 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Karo Financial Services 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Karo Financial Services 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is 403(b) Thrift Plan for Employees of Friends Aware, Inc. in MD ($2M); by covered participants it is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (10 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Karo Financial Services 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Karo Financial Services 401(k) Profit Sharing Plan & Trust surged - up 40.2% during 2023, from $1M to $2M. Reported net income was $463K.
How have Karo Financial Services plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Karo Financial Services's sponsor-wide assets grew 40.2%, from $1M to $2M.
Which 401(k) plans are similar in size to Karo Financial Services 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is 403(b) Thrift Plan for Employees of Friends Aware, Inc. in MD ($2M, 58 participants).
Which 401(k) plans cover a similar participant headcount to Karo Financial Services 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (10 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 860810958.

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.