ESOP · DOL Form 5500 · 2023
Karl's, Inc. ESOP
Data updated 2026-08-25
- $19M
- Total assets Small plan by assets
- 214
- Participants Below avg headcount
- 72nd
- Percentile by assets National rank
- $90,749
- Avg per participant Below avg balance/head
Official DOL plan name: Karl's Inc Employee Stock Ownership Plan and Trust · Sponsored by Karl's, Inc. · South Dakota · Retail Trade
$19M in assets, 214 participants
Karl's, Inc.'s Karl's Inc Employee Stock Ownership Plan and Trust reported $19M in total assets and 214 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.
- #6,923 in Retail Trade (8,414 peers)
Karl's, Inc. multi-year trail
Karl's, Inc.'s plans moved +50.1% in assets from 2022 to 2024; this filing shows Karl's Inc Employee Stock Ownership Plan and Trust at $19M / 214 participants.
- #6,923
- in Retail Trade (8,414 peers)
- +27.4%
- assets growth YoY
Karl's Inc Employee Stock Ownership Plan and Trust's outsized position by total assets
Karl's Inc Employee Stock Ownership Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$19,420,220 Top 28% higher than 72% 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
Karl's Inc Employee Stock Ownership 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. Karl's Inc Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (214 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Karl's Inc Employee Stock Ownership Plan and Trust end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Karl's Inc Employee Stock Ownership Plan and Trust reported participants fell from 260 in the plan year 2022 filing to 214 in the plan year 2023 filing.
- Karl's Inc Employee Stock Ownership Plan and Trust reported net income fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 460307274 · Karl's, Inc. PY 2023 · ESOP
Karl's Inc Employee Stock Ownership Plan and Trust · $19M · 214 · 72nd
- BOY $19M
- SCH 214
- EBSA 72nd
- PART ESOP
- TYPE near Rayser Holdings, Inc. Employee Stock Ownership Plan
- NET ind #6923
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 What is an ESOP? → · Plans in South Dakota →
Karl's Inc Employee Stock Ownership Plan and Trust in the asset neighbourhood
Karl's, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Karl's, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $30M 50.124935698495236% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 637 | $20M |
| 2023 | 2 | 597 | $25M |
| 2024 | 2 | 670 | $30M |
Karl's, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | $4M |
| Employer EIN | 460307274 |
| Plan Effective Date | 1980-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in South Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Showplace Wood Products, Inc. Employee Stock Ownership Plan $99M · 506
- Fishback Financial Corporation Employee Stock Ownership Plan $52M · 713
- Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan $44M · 83
- Re/Spec Inc. Employee Stock Ownership Plan $43M · 471
- The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust $39M · 112
Karl's Inc Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount
Outside South Dakota, the nearest ESOP by assets is Rayser Holdings, Inc. Employee Stock Ownership Plan in IA ($19M); by covered participants it is Commonwealth Holdings, Inc. Employee Stock Ownership Plan in NE (214 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($19M here).
Similar participant headcount
Nearest other-state filings by covered participants (214 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.