401(k) · DOL Form 5500 · 2024

Akash Corporation 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
13
Participants Small participant base
27th
Percentile by assets National rank
$123,647
Avg per participant Near avg balance/head
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Official DOL plan name: Bhimsi Karmur Retirement Plan · Sponsored by Akash Corporation · California · Retail Trade

$2M in assets, 13 participants

Akash Corporation's Bhimsi Karmur Retirement Plan reported $2M in total assets and 13 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #3,216 in Retail Trade (8,048 peers)

Akash Corporation multi-year trail

Akash Corporation's plans moved -38.7% in assets from 2022 to 2024; this filing shows Bhimsi Karmur Retirement Plan at $2M / 13 participants.

#3,216
in Retail Trade (8,048 peers)
-48.8%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bhimsi Karmur Retirement Plan among the smaller filed plans by assets

Bhimsi Karmur Retirement Plan vs every filed plan by assets

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

$1,607,414 27th percentile higher than 27% 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

Bhimsi Karmur Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bhimsi Karmur Retirement Plan is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bhimsi Karmur Retirement Plan reported net income fell from $514K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Bhimsi Karmur Retirement Plan end-of-year assets fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Bhimsi Karmur Retirement Plan reported participants rose from 11 in the plan year 2023 filing to 13 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 320130757 · Akash Corporation PY 2024 · 401(k)

Bhimsi Karmur Retirement Plan · $2M · 13 · 27th

  • BOOK $2M
  • VS-ST 13
  • BOY 27th
  • SCH 401(k)
  • EBSA near American Decorative Fabrics LLC 401(k) Plan
  • PART ind #3216

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 Retail Trade retirement plans → · Plans in California →

Bhimsi Karmur Retirement Plan in the asset neighbourhood

Bhimsi Karmur Retirement Plan$2MAmerican Decorative Fabrics LLC 401(k) PlanAmerican Decorative Fabrics …$2MNewport Network Solutions 401 (K) Profit Sharing Plan and TrustNewport Network Solutions 40…$2MAaa Septic Services 401(k) PlanAaa Septic Services 401(k) P…$2MAaa Healthcare, Inc. 401(k) Profit Sharing PlanAaa Healthcare, Inc. 401(k) …$2M
End-of-year total assets ($M) among Bhimsi Karmur Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Akash Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Akash Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$2M 38.72500790041776% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M$3M$3.5M 202220232024 $2.62M $1.61M ▼ -38.5%
Year Plans Participants Total Assets
2022 1 13 $3M
2023 1 11 $3M
2024 2 13 $2M

Akash Corporation filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$2M
Employer EIN320130757
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Bhimsi Karmur Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Bhimsi Karmur Retirement Plan, Total assets ($B): 0.001607414 · Participants: 13Bhimsi Karmur Retirement PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Bhimsi Karmur Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Bhimsi Karmur Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is American Decorative Fabrics LLC 401(k) Plan in SC ($2M); by covered participants it is Kaspien Inc. 401(k) Plan in WA (13 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13 participants); asset peers above are excluded.

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 Bhimsi Karmur Retirement Plan assets move in 2024?
Bhimsi Karmur Retirement Plan contracted severely - down 48.8% during 2024, from $3M to $2M. Reported net income was -$2M.
How have Akash Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Akash Corporation's sponsor-wide assets declined 38.7%, from $3M to $2M.
Which 401(k) plans are similar in size to Bhimsi Karmur Retirement Plan?
Among 401(k) plans in other states, the closest by assets is American Decorative Fabrics LLC 401(k) Plan in SC ($2M, 152 participants).
Which 401(k) plans cover a similar participant headcount to Bhimsi Karmur Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Kaspien Inc. 401(k) Plan in WA (13 participants, N/A in assets).