ESOP · DOL Form 5500 · 2023
Karmak, Inc. ESOP
Data updated 2026-08-11
- $12M
- Total assets
- 187
- Participants
- 62nd
- Percentile by assets
- $62,597
- Avg per participant
Official DOL plan name: Karmak, Inc. Employee Stock Ownership Plan · Sponsored by Karmak, Inc. · Illinois · Professional & Technical Services
$12M in assets, 187 participants
Karmak, Inc.'s Karmak, Inc. Employee Stock Ownership Plan reported $12M in total assets and 187 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.
- 62nd percentile by assets (of 127,072 plans)
- #12,392 in Professional & Technical Services (20,321 peers)
Coverage in Illinois
Karmak, Inc. Employee Stock Ownership Plan covers 187 participants in Illinois, about 24% of the average Illinois filer (state average ~779 per filing). Assets: $12M.
- $12M
- total plan assets (2023 EOY)
- 187
- covered participants
- 62nd
- percentile by assets (of 127,072 plans)
- $62,597
- avg assets per participant
Where Karmak, Inc. Employee Stock Ownership Plan sits by total assets
Karmak, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$11,705,687 Top 38% higher than 62% 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
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Karmak, Inc. Employee Stock Ownership Plan reported net income rose from -$67K in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Karmak, Inc. Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2022 filing to $12M in the plan year 2023 filing.
- Karmak, Inc. Employee Stock Ownership Plan reported participants fell from 202 in the plan year 2022 filing to 187 in the plan year 2023 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Karmak, Inc. Employee Stock Ownership Plan reports 187 participants - about 24% of that state average ($12M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | $7M |
| Net Income | $5M |
| Employer EIN | 371112601 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Karmak, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 430 | $30M |
| 2023 | 2 | 407 | $36M |
| 2024 | 2 | 424 | $44M |
Nearby ESOP Plans in Illinois
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Amsted Industries Incorporated Employees' Stock Ownership Plan $4.4B · 4,738
- Kehe Distributors, Inc. Employee Stock Ownership Plan $1.6B · 4,251
- Scot Forge Company Employee Stock Ownership Plan $1.2B · 486
- Bdo USA Employee Stock Ownership Plan $915M · 10,168
- Bdo USA Employee Stock Ownership Plan $915M · 10,168
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Karmak, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Karmak, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
How have Karmak, Inc. plan assets changed over time? ▼
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Filing takeaways
Ways to act on Karmak, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Karmak, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Illinois. Compare plans
- Karmak, Inc.'s sponsor-wide assets have grown 50.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans