401(k) · DOL Form 5500 · 2024

Karsten Manufacturing Corporation 401(k) Plan

Data updated 2026-08-11

$292M
Total assets: 1,072
Participants: 96th
Percentile by assets: $272,057
Avg per participant

Official DOL plan name: Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan · Sponsored by Karsten Manufacturing Corporation · Arizona · Manufacturing

$292M in assets, 1,072 participants

Karsten Manufacturing Corporation's Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan reported $292M in total assets and 1,072 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 123,622 plans)
#16,585 in Manufacturing (17,777 peers)

Where Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan sits by assets

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan sits in the top 5% of all filed plans by assets, $292M for 1,072 participants (~$272,057/participant), up 10.5% in 2024.

$292M
total plan assets (2024 EOY): 1,072
covered participants: 96th
percentile by assets (of 123,622 plans): $272,057
avg assets per participant

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan reported net income fell from $39M in the plan year 2023 filing to $28M in the plan year 2024 filing.
Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan reported participants rose from 969 in the plan year 2023 filing to 1,072 in the plan year 2024 filing.
Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan end-of-year assets rose from $264M in the plan year 2023 filing to $292M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Arizona

Industry

Manufacturing

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs the 2024 asset distribution

By assets, Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$264M
Net Assets (End of Year)	$292M
Net Income	$28M
Employer EIN	860210248
Plan Effective Date	1971-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Karsten Manufacturing Corporation)

Total plan assets by year, all Karsten Manufacturing Corporation plans on file

Year	Plans	Participants	Total Assets
2022	1	897	$224M
2023	1	969	$264M
2024	1	1,072	$292M

Nearby 401(k) Plans in Arizona

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

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Bechtel Trust & Thrift Plan $6.1B · 7,971
Banner Health Employees 401(k) Plan $4.9B · 54,731
Freeport-Mcmoran Inc. Employee Capital Accumulation Program $2.7B · 13,770
Republic Services, Inc. 401(k) Plan $2.7B · 32,629
Stantec 401(k) Plan $2.3B · 11,603

Compare Karsten Manufacturing Corporation and Su… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan by total assets, not by location.

Enhabit Home Health & Hospice 401(k) Plan (TX) $292M · 10,024
Carrix, Inc. 401(k) Plan for Non-Union Employees (WA) $292M · 1,616
The Valve Corporation 401(k) Plan and Trust (WA) $291M · 345
Elasticsearch, Inc. 401(k) Plan (CA) $291M · 1,496

Frequently Asked Questions

How did Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan assets move in 2024? ▼

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan grew at a solid clip - up 10.5% during 2024, from $264M to $292M. Reported net income was $28M.

How have Karsten Manufacturing Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Karsten Manufacturing Corporation's sponsor-wide assets grew 29.9%, from $224M to $292M.

Where does Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan rank by assets among Form 5500 filers? ▼

Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Enhabit Home Health & Hospice 401(k) Plan in TX ($292M, 10,024 participants).

Next read for Karsten Manufacturing Corporation and Su…

Scale reading

Ways to act on Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan's numbers.

By total assets, Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Arizona. Compare plans
Karsten Manufacturing Corporation's sponsor-wide assets have grown 29.9% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 860210248.