401(k) · DOL Form 5500 · 2023

Karma Life LLC 401(k) Plan

Data updated 2026-08-25

$1K
Total assets Small plan by assets
2
Participants Small participant base
1st
Percentile by assets National rank
$517
Avg per participant Low balance/head
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Official DOL plan name: Karma Life LLC 401(k) Profit Sharing Plan & Trust · Sponsored by Karma Life LLC · Connecticut · Retail Trade

$1K in assets, 2 participants

Karma Life LLC's Karma Life LLC 401(k) Profit Sharing Plan & Trust reported $1K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 1st 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.

  • #74 in Retail Trade (8,414 peers)

What the 2023 filing shows

Karma Life LLC 401(k) Profit Sharing Plan & Trust holds $1K for 2 participants - about $517 per participant, among the smaller plans by assets on file.

#74
in Retail Trade (8,414 peers)
+4.4%
assets growth YoY

Karma Life LLC 401(k) Profit Sharing Plan & Trust among the smaller filed plans by assets

Karma Life LLC 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$1,033 1st percentile higher than 1% 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

Karma Life LLC 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. Karma Life LLC 401(k) Profit Sharing Plan & Trust is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Karma Life LLC 401(k) Profit Sharing Plan & Trust reported net income rose from $7 in the plan year 2022 filing to $44 in the plan year 2023 filing.
  • Karma Life LLC 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $989 in the plan year 2022 filing to $1K in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 474361673 · Karma Life LLC PY 2023 · 401(k)

Karma Life LLC 401(k) Profit Sharing Plan & Trust · $1K · 2 · 1st

  • SCH $1K
  • EBSA 2
  • PART 1st
  • TYPE 401(k)
  • NET near Baxbie 401(k)
  • BOOK ind #74

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 Retail Trade retirement plans → · Plans in Connecticut →

Karma Life LLC 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Karma Life LLC 401(k) Profit Sharing Plan & TrustKarma Life LLC 401(k) Profit…$1KBaxbie 401(k)$1KPacnorth Investment Corp. 401(k) PlanPacnorth Investment Corp. 40…$1KHansen Business Services LLC 401(k) Plan 002Hansen Business Services LLC…$1KHadi Investment Group Corporation 401(k) Profit Sharing PlanHadi Investment Group Corpor…$1K
End-of-year total assets ($M) among Karma Life LLC 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$989
Net Assets (End of Year)$1K
Net Income$44
Employer EIN474361673
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Karma Life LLC)

Sponsor-wide plan assets over time

All Karma Life LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1K 9.201213346814964% vs 2022
2024 filing year
$0M 202220232024 $0M $0M ▲ +0.0%
Year Plans Participants Total Assets
2022 1 2 $989
2023 1 2 $1K
2024 1 2 $1K

Nearby 401(k) Plans in Connecticut

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

Karma Life LLC 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Karma Life LLC 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.000001033 · Participants: 2Karma Life LLC 401(k) Profit Sharing Plan & TrustRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Karma Life LLC 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Karma Life LLC 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Karma Life LLC 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Baxbie 401(k) in TN ($1K); by covered participants it is Napa Bound Retirement Plan in FL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Karma Life LLC 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Karma Life LLC 401(k) Profit Sharing Plan & Trust edged up modestly - up 4.4% during 2023, from $989 to $1K. Reported net income was $44.
How have Karma Life LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Karma Life LLC's sponsor-wide assets grew 9.2%, from $989 to $1K.
Where does Karma Life LLC 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
Karma Life LLC 401(k) Profit Sharing Plan & Trust ranks in the 1st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Karma Life LLC 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Baxbie 401(k) in TN ($1K, 1 participant).
Which 401(k) plans cover a similar participant headcount to Karma Life LLC 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Napa Bound Retirement Plan in FL (2 participants, N/A 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 474361673.

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.