401(k) · DOL Form 5500 · 2023

Karmak, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
220
Participants Below avg headcount
76th
Percentile by assets National rank
$109,518
Avg per participant Below avg balance/head
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Official DOL plan name: Karmak, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Karmak, Inc. · Illinois · Professional & Technical Services

$24M in assets, 220 participants

Karmak, Inc.'s Karmak, Inc. 401(k) Profit Sharing Plan and Trust reported $24M in total assets and 220 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #15,475 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Karmak, Inc. 401(k) Profit Sharing Plan and Trust covers 220 participants in Illinois, about 28% of the average Illinois filer (state average ~779 per filing). Assets: $24M.

#15,475
in Professional & Technical Services (20,321 peers)
+9.0%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Karmak, Inc. 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Karmak, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$24,094,020 Top 24% higher than 76% 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

Karmak, Inc. 401(k) Profit Sharing Plan and Trust 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. Karmak, Inc. 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (220 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Karmak, Inc. 401(k) Profit Sharing Plan and Trust reported net income rose from -$7M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Karmak, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $22M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Karmak, Inc. 401(k) Profit Sharing Plan and Trust reported participants fell from 228 in the plan year 2022 filing to 220 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 371112601 · Karmak, Inc. PY 2023 · 401(k)

Karmak, Inc. 401(k) Profit Sharing Plan and Trust · $24M · 220 · 76th

  • PART $24M
  • TYPE 220
  • NET 76th
  • BOOK 401(k)
  • VS-ST near Savings Plan for Employees of Pennichuck Corporation
  • BOY ind #15475

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 Illinois →

Karmak, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Holtec Security International 401(k) PlanHoltec Security Internationa…$24MKarmak, Inc. 401(k) Profit Sharing Plan and TrustKarmak, Inc. 401(k) Profit S…$24MSavings Plan for Employees of Pennichuck CorporationSavings Plan for Employees o…$24MSbera 401(k) Plan as Adopted by Fall River Five Cents Savings BankSbera 401(k) Plan as Adopted…$24MStrategic Pharmaceutical Solutions 401(k) Profit Sharing Plan and TrustStrategic Pharmaceutical Sol…$24M
End-of-year total assets ($M) among Karmak, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$24M
Net Income$2M
Employer EIN371112601
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Karmak, Inc.)

Sponsor-wide plan assets over time

All Karmak, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$44M 49.98969934763438% vs 2022
2024 filing year
$25M$30M$35M$40M$45M$50M 202220232024 $29.5M $44.3M ▲ +50.0%
Year Plans Participants Total Assets
2022 2 430 $30M
2023 2 407 $36M
2024 2 424 $44M

Nearby 401(k) Plans in Illinois

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

Karmak, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Karmak, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.02409402 · Participants: 220Karmak, Inc. 401(k) Profit Sharing Plan and TrustAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Karmak, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Karmak, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Karmak, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Savings Plan for Employees of Pennichuck Corporation in NH ($24M); by covered participants it is Dennelisse Corporation 401(k) Plan in NY (220 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (220 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 Karmak, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼
Karmak, Inc. 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 9.0% during 2023, from $22M to $24M. Reported net income was $2M.
How have Karmak, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Karmak, Inc.'s sponsor-wide assets grew 50.0%, from $30M to $44M.
Where does Karmak, Inc. 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Karmak, Inc. 401(k) Profit Sharing Plan and Trust ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Karmak, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Savings Plan for Employees of Pennichuck Corporation in NH ($24M, 139 participants).
Which 401(k) plans cover a similar participant headcount to Karmak, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Dennelisse Corporation 401(k) Plan in NY (220 participants, $1M 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 371112601.

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.