401(k) · DOL Form 5500 · 2024

Kraman Iron Works, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
8
Participants Small participant base
26th
Percentile by assets National rank
$169,339
Avg per participant Above avg balance/head
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Official DOL plan name: Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan · Sponsored by Kraman Iron Works, Inc. · New York · Manufacturing

$1M in assets, 8 participants

Kraman Iron Works, Inc.'s Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan reported $1M in total assets and 8 participants in its 2024 DOL Form 5500 filing, ranking in the 26th 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.

  • #2,009 in Manufacturing (17,777 peers)

Kraman Iron Works, Inc. multi-year trail

Kraman Iron Works, Inc.'s plans moved +55.4% in assets from 2022 to 2024; this filing shows Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan at $1M / 8 participants.

#2,009
in Manufacturing (17,777 peers)
+20.4%
assets growth YoY

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan among the smaller filed plans by assets

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,354,711 26th percentile higher than 26% of 123,620 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 2024

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan reported net income fell from $253K in the plan year 2023 filing to $230K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 131954182 · Kraman Iron Works, Inc. PY 2024 · 401(k)

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan · $1M · 8 · 26th

  • NET $1M
  • BOOK 8
  • VS-ST 26th
  • BOY 401(k)
  • SCH near J.D. Reed Dental, Inc. 401(k) Profit Sharing Plan
  • EBSA ind #2009

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 New York →

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan in the asset neighbourhood

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing PlanKraman Iron Works, Inc. Sala…$1MJ.D. Reed Dental, Inc. 401(k) Profit Sharing PlanJ.D. Reed Dental, Inc. 401(k…$1MMark Sivieri Md PA 401(k) P/S PlanMark Sivieri Md PA 401(k) P/…$1MAdvanced Medical and Surgical Dermatology 401(k), Restated as Marin Dermatology Associates Retirement TrustAdvanced Medical and Surgica…$1MInsider Search Group, Inc. Retirement PlanInsider Search Group, Inc. R…$1M
End-of-year total assets ($M) among Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Kraman Iron Works, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Kraman Iron Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 55.41914759364423% vs 2022
2024 filing year
$0.8M$1M$1.2M$1.4M 202220232024 $0.87M $1.35M ▲ +55.2%
Year Plans Participants Total Assets
2022 1 9 $872K
2023 1 8 $1M
2024 1 8 $1M

Kraman Iron Works, Inc. filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$230K
Employer EIN131954182
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan, Total assets ($B): 0.001354711 · Participants: 8Kraman Iron Works, Inc. Salary Deferral and Profit Sharing PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants

Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is J.D. Reed Dental, Inc. 401(k) Profit Sharing Plan in AL ($1M); by covered participants it is The Raymond Company Pension Services, LLC 401(k) Plan in AZ (8 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan assets move in 2024?
Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan grew sharply - up 20.4% during 2024, from $1M to $1M. Reported net income was $230K.
How have Kraman Iron Works, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kraman Iron Works, Inc.'s sponsor-wide assets grew 55.4%, from $872K to $1M.
Which 401(k) plans are similar in size to Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is J.D. Reed Dental, Inc. 401(k) Profit Sharing Plan in AL ($1M, 6 participants).
Which 401(k) plans cover a similar participant headcount to Kraman Iron Works, Inc. Salary Deferral and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is The Raymond Company Pension Services, LLC 401(k) Plan in AZ (8 participants, $411K in assets).