401(k) · DOL Form 5500 · 2023

Karsten Manufacturing Corporation 401(k) Plan

Data updated 2026-08-25

$264M
Total assets Near avg plan size
969
Participants Near avg headcount
96th
Percentile by assets National rank
$272,348
Avg per participant High balance/head
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Official DOL plan name: Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan · Sponsored by Karsten Manufacturing Corporation · Arizona · Manufacturing

$264M in assets, 969 participants

Karsten Manufacturing Corporation's Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan reported $264M in total assets and 969 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,461 in Manufacturing (18,722 peers)

Where Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan sits by assets

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan sits in the top 5% of all filed plans by assets, $264M for 969 participants (~$272,348/participant), up 17.6% in 2023.

#17,461
in Manufacturing (18,722 peers)
+17.6%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan's outsized position by total assets

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs every filed plan by assets

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

$263,905,676 Top 4% higher than 96% 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

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan sits mid-pack in the medium band (969 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan reported net income rose from -$42M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan end-of-year assets rose from $224M in the plan year 2022 filing to $264M in the plan year 2023 filing.
  • Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan reported participants rose from 897 in the plan year 2022 filing to 969 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 860210248 · Karsten Manufacturing Corporation PY 2023 · 401(k)

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan · $264M · 969 · 96th

  • RANK $264M
  • PHOTO 969
  • IND 96th
  • EOY 401(k)
  • 5500 near Steel Partners 401(k) Savings Plan
  • ASSETS ind #17461

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 Arizona →

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan in the asset neighbourhood

Gfl Environmental US 401(k) PlanGfl Environmental US 401(k) …$264MCuria 401(k) Plan$264MSappi North America, Inc. Hourly Investment PlanSappi North America, Inc. Ho…$264MKarsten Manufacturing Corporation and Subsidiaries 401(k) PlanKarsten Manufacturing Corpor…$264MSteel Partners 401(k) Savings PlanSteel Partners 401(k) Saving…$264M
End-of-year total assets ($M) among Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$224M
Net Assets (End of Year)$264M
Net Income$39M
Employer EIN860210248
Plan Effective Date1971-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Karsten Manufacturing Corporation)

Sponsor-wide plan assets over time

All Karsten Manufacturing Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$292M 29.924703559770364% vs 2022
2024 filing year
$200M$250M$300M 202220232024 $224M $292M ▲ +29.9%
Year Plans Participants Total Assets
2022 1 897 $224M
2023 1 969 $264M
2024 1 1,072 $292M

Nearby 401(k) Plans in Arizona

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

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan, Total assets ($B): 0.263905676 · Participants: 969Karsten Manufacturing Corporation and Subsidiaries 401(k) PlanBechtel 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
Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Steel Partners 401(k) Savings Plan in NY ($264M); by covered participants it is Armstrong Relocation & Companies, LLC 401(k) Plan in TN (969 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($264M here).

Similar participant headcount

Nearest other-state filings by covered participants (969 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 Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan assets move in 2023? ▼
Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan grew sharply - up 17.6% during 2023, from $224M to $264M. Reported net income was $39M.
How have Karsten Manufacturing Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Karsten Manufacturing Corporation's sponsor-wide assets grew 29.9%, from $224M to $292M.
Where does Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan rank by assets among Form 5500 filers? ▼
Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Steel Partners 401(k) Savings Plan in NY ($264M, 2,682 participants).
Which 401(k) plans cover a similar participant headcount to Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Armstrong Relocation & Companies, LLC 401(k) Plan in TN (969 participants, $58M in assets).