401(k) · DOL Form 5500 · 2023

Karas & Karas Glass Company, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
43
Participants Small participant base
74th
Percentile by assets National rank
$504,986
Avg per participant High balance/head
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Official DOL plan name: Karas & Karas Glass Co. 401(k) Profit Sharing Plan · Sponsored by Karas & Karas Glass Company, Inc. · Massachusetts · Construction

$22M in assets, 43 participants

Karas & Karas Glass Company, Inc.'s Karas & Karas Glass Co. 401(k) Profit Sharing Plan reported $22M in total assets and 43 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #6,578 in Construction (9,030 peers)

2023 asset change

Karas & Karas Glass Co. 401(k) Profit Sharing Plan grew sharply 16.9% in 2023 ($19M → $22M) for 43 participants.

#6,578
in Construction (9,030 peers)
+16.9%
assets growth YoY

Karas & Karas Glass Co. 401(k) Profit Sharing Plan's outsized position by total assets

Karas & Karas Glass Co. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$21,714,404 Top 26% higher than 74% 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

Karas & Karas Glass Co. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Karas & Karas Glass Co. 401(k) Profit Sharing Plan is a small filing (43 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Karas & Karas Glass Co. 401(k) Profit Sharing Plan reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Karas & Karas Glass Co. 401(k) Profit Sharing Plan end-of-year assets rose from $19M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Karas & Karas Glass Co. 401(k) Profit Sharing Plan reported participants rose from 42 in the plan year 2022 filing to 43 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 041493810 · Karas & Karas Glass Company, Inc. PY 2023 · 401(k)

Karas & Karas Glass Co. 401(k) Profit Sharing Plan · $22M · 43 · 74th

  • 5500 $22M
  • ASSETS 43
  • PCT 74th
  • EIN 401(k)
  • RANK near Clement Rivers, LLP Profit Sharing and Salary Deferred Plan
  • PHOTO ind #6578

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 Construction retirement plans → · Plans in Massachusetts →

Karas & Karas Glass Co. 401(k) Profit Sharing Plan in the asset neighbourhood

Clare Holdings, LLC 401(k) PlanClare Holdings, LLC 401(k) P…$22MKaras & Karas Glass Co. 401(k) Profit Sharing PlanKaras & Karas Glass Co. 401(…$22MClement Rivers, LLP Profit Sharing and Salary Deferred PlanClement Rivers, LLP Profit S…$22MPower Wellness Management, LLC 401(k) PlanPower Wellness Management, L…$22MMbc Holdings of Ohio Inc. 401(k) Savings & Retirement PlanMbc Holdings of Ohio Inc. 40…$22M
End-of-year total assets ($M) among Karas & Karas Glass Co. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Karas & Karas Glass Company, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Karas & Karas Glass Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 5.192839056461286% vs 2022
2024 filing year
$18M$19M$20M$21M$22M$23M 202220232024 $18.6M $19.5M ▲ +5.2%
Year Plans Participants Total Assets
2022 1 42 $19M
2023 1 43 $22M
2024 1 43 $20M

2023 asset-move particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN041493810
Plan Effective Date1962-12-28
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Karas & Karas Glass Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Karas & Karas Glass Co. 401(k) Profit Sharing Plan, Total assets ($B): 0.021714404 · Participants: 43Karas & Karas Glass Co. 401(k) Profit Sharing PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Karas & Karas Glass Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Karas & Karas Glass Co. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Karas & Karas Glass Co. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Clement Rivers, LLP Profit Sharing and Salary Deferred Plan in SC ($22M); by covered participants it is Texas Shafts, Inc. Profit Sharing Plan in TX (43 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (43 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 Karas & Karas Glass Co. 401(k) Profit Sharing Plan assets move in 2023? ▼
Karas & Karas Glass Co. 401(k) Profit Sharing Plan grew sharply - up 16.9% during 2023, from $19M to $22M. Reported net income was $3M.
How have Karas & Karas Glass Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Karas & Karas Glass Company, Inc.'s sponsor-wide assets grew 5.2%, from $19M to $20M.
Which 401(k) plans are similar in size to Karas & Karas Glass Co. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Clement Rivers, LLP Profit Sharing and Salary Deferred Plan in SC ($22M, 73 participants).
Which 401(k) plans cover a similar participant headcount to Karas & Karas Glass Co. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Texas Shafts, Inc. Profit Sharing Plan in TX (43 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 041493810.

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.