401(k) · DOL Form 5500 · 2023

Karuna Therapeutics 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets: 194
Participants Below avg headcount: 70th
Percentile by assets National rank: $90,679
Avg per participant Below avg balance/head

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Official DOL plan name: Karuna Therapeutics 401(k) Plan · Sponsored by Karuna Therapeutics · Massachusetts · Professional & Technical Services

$18M in assets, 194 participants

Karuna Therapeutics's Karuna Therapeutics 401(k) Plan reported $18M in total assets and 194 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

#14,168 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Karuna Therapeutics 401(k) Plan covers 194 participants in Massachusetts, about 29% of the average Massachusetts filer (state average ~659 per filing). Assets: $18M.

#14,168
in Professional & Technical Services (20,321 peers): +197.2%
assets growth YoY

Karuna Therapeutics 401(k) Plan's outsized position by total assets

Karuna Therapeutics 401(k) Plan vs every filed plan by assets

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

$17,591,684 Top 30% higher than 70% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Karuna Therapeutics 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. Karuna Therapeutics 401(k) Plan sits mid-pack in the medium band (194 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

EBSA filing schedule strip

Filing strip 270605902 · Karuna Therapeutics PY 2023 · 401(k)

Karuna Therapeutics 401(k) Plan · $18M · 194 · 70th

ASSETS $18M
PCT 194
EIN 70th
RANK 401(k)
PHOTO near G&s Corporation 401(k) Profit Sharing Plan and Trust
IND ind #14168

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 Massachusetts →

End-of-year total assets ($M) among Karuna Therapeutics 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)	$6M
Net Assets (End of Year)	$18M
Net Income	$12M
Employer EIN	270605902
Plan Effective Date	2020-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Karuna Therapeutics)

Latest sponsor-wide plan assets: $84K 99.523269062814% vs 2023; 2024 filing year

Year	Plans	Participants	Total Assets
2023	1	194	$18M
2024	1	317	$84K

Nearby 401(k) Plans in Massachusetts

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

Karuna Therapeutics 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fidelity Retirement Savings Plan $28.6B · 62,289
Liberty Mutual 401(k) Plan $10.6B · 37,052
Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
Philips North America 401(k) Plan $5.8B · 19,120

Compare Karuna Therapeutics 401(k) Plan side-by-side with 3 peers →

Karuna Therapeutics 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is G&s Corporation 401(k) Profit Sharing Plan and Trust in NY ($18M); by covered participants it is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

G&s Corporation 401(k) Profit Sharing Plan and Trust (NY) $18M · 488
Sheehan & Company, C.P.a., P.C. 401(k) Profit Sharing Plan (NY) $18M · 50
Union Avenue Healthcare Inc. 401(k) Plan (NJ) $18M · 369
Merle Norman Cosmetics, Inc. 401(k) Savings Plan (CA) $18M · 197

Similar participant headcount

Nearest other-state filings by covered participants (194 participants); asset peers above are excluded.

Chapter 4 Corp 401(k) Profit Sharing Plan and Trust (NY) 194 · 0 off
Challenger, Gray & Christmas, Inc. 401(k) Plan (IL) 194 · 0 off
Kyocera Sld Laser, Inc 401(k) Plan (CA) 194 · 0 off
Infinity Hospice Care 401(k) Plan (AZ) 194 · 0 off

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 Karuna Therapeutics 401(k) Plan assets move in 2023? ▼

Karuna Therapeutics 401(k) Plan surged - up 197.2% during 2023, from $6M to $18M. Reported net income was $12M.

How have Karuna Therapeutics plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Karuna Therapeutics's sponsor-wide assets declined 99.5%, from $18M to $84K.

Which 401(k) plans are similar in size to Karuna Therapeutics 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is G&s Corporation 401(k) Profit Sharing Plan and Trust in NY ($18M, 488 participants).

Which 401(k) plans cover a similar participant headcount to Karuna Therapeutics 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants, $3M 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 270605902.