401(k) · DOL Form 5500 · 2023

Karma Automotive LLC 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
232
Participants Below avg headcount
80th
Percentile by assets National rank
$138,116
Avg per participant Near avg balance/head
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Official DOL plan name: Karma Automotive LLC Retirement Plan · Sponsored by Karma Automotive LLC · California · Manufacturing

$32M in assets, 232 participants

Karma Automotive LLC's Karma Automotive LLC Retirement Plan reported $32M in total assets and 232 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,519 in Manufacturing (18,722 peers)

Coverage in California

Karma Automotive LLC Retirement Plan covers 232 participants in California, about 37% of the average California filer (state average ~630 per filing). Assets: $32M.

#13,519
in Manufacturing (18,722 peers)
+16.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Karma Automotive LLC Retirement Plan's outsized position by total assets

Karma Automotive LLC Retirement Plan vs every filed plan by assets

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

$32,042,899 Top 20% higher than 80% 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

Karma Automotive LLC Retirement 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. Karma Automotive LLC Retirement Plan sits mid-pack in the medium band (232 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Karma Automotive LLC Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Karma Automotive LLC Retirement Plan reported participants rose from 172 in the plan year 2022 filing to 232 in the plan year 2023 filing.
  • Karma Automotive LLC Retirement Plan end-of-year assets rose from $27M in the plan year 2022 filing to $32M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 465065972 · Karma Automotive LLC PY 2023 · 401(k)

Karma Automotive LLC Retirement Plan · $32M · 232 · 80th

  • EIN $32M
  • RANK 232
  • PHOTO 80th
  • IND 401(k)
  • EOY near First American Bank 401(k) Plan
  • 5500 ind #13519

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 California →

Karma Automotive LLC Retirement Plan in the asset neighbourhood

First American Bank 401(k) PlanFirst American Bank 401(k) P…$32MAmerican National Bank & Trust Company Employees' Savings PlanAmerican National Bank & Tru…$32MKarma Automotive LLC Retirement PlanKarma Automotive LLC Retirem…$32MRuss Darrow Group, Inc. 401(k) Savings PlanRuss Darrow Group, Inc. 401(…$32MTecnico Corporation 401(k) PlanTecnico Corporation 401(k) P…$32M
End-of-year total assets ($M) among Karma Automotive LLC Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$32M
Net Income$5M
Employer EIN465065972
Plan Effective Date2010-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Karma Automotive LLC)

Sponsor-wide plan assets over time

All Karma Automotive LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 26.004913288991645% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.4M $34.6M ▲ +26.0%
Year Plans Participants Total Assets
2022 1 172 $27M
2023 1 232 $32M
2024 1 214 $35M

Nearby 401(k) Plans in California

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

Karma Automotive LLC Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Karma Automotive LLC Retirement Plan, Total assets ($B): 0.032042899 · Participants: 232Karma Automotive LLC Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Karma Automotive LLC Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Karma Automotive LLC Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is First American Bank 401(k) Plan in LA ($32M); by covered participants it is Avion Solutions, Inc. 401(k) Plan in AL (232 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (232 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 Karma Automotive LLC Retirement Plan assets move in 2023?
Karma Automotive LLC Retirement Plan grew sharply - up 16.8% during 2023, from $27M to $32M. Reported net income was $5M.
How have Karma Automotive LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Karma Automotive LLC's sponsor-wide assets grew 26.0%, from $27M to $35M.
Where does Karma Automotive LLC Retirement Plan rank by assets among Form 5500 filers?
Karma Automotive LLC Retirement Plan ranks in the 80th 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 Karma Automotive LLC Retirement Plan?
Among 401(k) plans in other states, the closest by assets is First American Bank 401(k) Plan in LA ($32M, 226 participants).
Which 401(k) plans cover a similar participant headcount to Karma Automotive LLC Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Avion Solutions, Inc. 401(k) Plan in AL (232 participants, $34M in assets).