401(k) · DOL Form 5500 · 2023

Kraman Iron Works, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
8
Participants Small participant base
25th
Percentile by assets National rank
$140,641
Avg per participant Near avg balance/head
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Official DOL plan name: Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan · Sponsored by Kraman Iron Works, Inc. · New York · Manufacturing

$1M in assets, 8 participants

Kraman Iron Works, Inc.'s Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan reported $1M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 25th 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.

  • #2,033 in Manufacturing (18,722 peers)

Kraman Iron Works, Inc. multi-year trail

Kraman Iron Works, Inc.'s plans moved +55.4% in assets from 2022 to 2024; this filing shows Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan at $1M / 8 participants.

#2,033
in Manufacturing (18,722 peers)
+29.1%
assets growth YoY

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan among the smaller filed plans by assets

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan vs every filed plan by assets

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

$1,125,128 25th percentile higher than 25% 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

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan reported net income rose from -$98K in the plan year 2022 filing to $253K in the plan year 2023 filing.
  • Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan end-of-year assets rose from $872K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan reported participants fell from 9 in the plan year 2022 filing to 8 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 131954182 · Kraman Iron Works, Inc. PY 2023 · 401(k)

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan · $1M · 8 · 25th

  • EOY $1M
  • EOY 8
  • EOY 25th
  • EOY 401(k)
  • EOY near Kmr Graphics, Inc. 401(k) Profit Sharing Plan
  • EOY ind #2033

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 New York →

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan in the asset neighbourhood

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing PlanKraman Iron Works, Inc. Sala…$1MKmr Graphics, Inc. 401(k) Profit Sharing PlanKmr Graphics, Inc. 401(k) Pr…$1MHometell Properties Inc. 401(k) PlanHometell Properties Inc. 401…$1MCountry Fair, Inc. 401(k) Retirement Savings Plan for Hourly Store EmployeesCountry Fair, Inc. 401(k) Re…$1MWorkforce Concepts 21 Employees Savings TrustWorkforce Concepts 21 Employ…$1M
End-of-year total assets ($M) among Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kraman Iron Works, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Kraman Iron Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 55.41914759364423% vs 2022
2024 filing year
$0.8M$1M$1.2M$1.4M 202220232024 $0.87M $1.35M ▲ +55.2%
Year Plans Participants Total Assets
2022 1 9 $872K
2023 1 8 $1M
2024 1 8 $1M

Kraman Iron Works, Inc. filing trail (2023)

Total Assets (Beginning of Year)$872K
Net Assets (End of Year)$1M
Net Income$253K
Employer EIN131954182
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan, Total assets ($B): 0.001125128 · Participants: 8Kraman Iron Works, Inc. Salary Deferral and Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan side-by-side with 3 peers →

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Kmr Graphics, Inc. 401(k) Profit Sharing Plan in NC ($1M); by covered participants it is Burke Optometry, Inc. 401(k) Plan in CA (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan assets move in 2023? ▼
Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan grew sharply - up 29.1% during 2023, from $872K to $1M. Reported net income was $253K.
How have Kraman Iron Works, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kraman Iron Works, Inc.'s sponsor-wide assets grew 55.4%, from $872K to $1M.
Where does Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan ranks in the 25th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the lower half of filed plans by assets).
Which 401(k) plans are similar in size to Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kmr Graphics, Inc. 401(k) Profit Sharing Plan in NC ($1M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Burke Optometry, Inc. 401(k) Plan in CA (8 participants, $263K 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 131954182.

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.