401(k) · DOL Form 5500 · 2024

Karas & Karas Glass Company, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
43
Participants Small participant base
70th
Percentile by assets National rank
$454,325
Avg per participant High balance/head
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Official DOL plan name: Karas & Karas Glass Co. 401(k) Profit Sharing Plan · Sponsored by Karas & Karas Glass Company, Inc. · Massachusetts · Construction

$20M in assets, 43 participants

Karas & Karas Glass Company, Inc.'s Karas & Karas Glass Co. 401(k) Profit Sharing Plan reported $20M in total assets and 43 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #6,209 in Construction (9,039 peers)

2024 asset change

Karas & Karas Glass Co. 401(k) Profit Sharing Plan pulled back noticeably 10.0% in 2024 ($22M → $20M) for 43 participants.

#6,209
in Construction (9,039 peers)
-10.0%
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.

Karas & Karas Glass Co. 401(k) Profit Sharing Plan's outsized position by total assets

Karas & Karas Glass Co. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$19,535,967 Top 30% higher than 70% 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

Karas & Karas Glass Co. 401(k) Profit Sharing 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. Karas & Karas Glass Co. 401(k) Profit Sharing Plan is a small filing (43 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Karas & Karas Glass Co. 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Karas & Karas Glass Co. 401(k) Profit Sharing Plan end-of-year assets fell from $22M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 041493810 · Karas & Karas Glass Company, Inc. PY 2024 · 401(k)

Karas & Karas Glass Co. 401(k) Profit Sharing Plan · $20M · 43 · 70th

  • SCH $20M
  • SCH 43
  • SCH 70th
  • SCH 401(k)
  • SCH near Keats Manufacturing Co. 401(k) and Profit Sharing Plan
  • SCH ind #6209

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 Construction retirement plans → · Plans in Massachusetts →

Karas & Karas Glass Co. 401(k) Profit Sharing Plan in the asset neighbourhood

Karas & Karas Glass Co. 401(k) Profit Sharing PlanKaras & Karas Glass Co. 401(…$20MKeats Manufacturing Co. 401(k) and Profit Sharing PlanKeats Manufacturing Co. 401(…$20MPpl Healthcare LLC 401(k) PlanPpl Healthcare LLC 401(k) Pl…$20MEharmony, Inc. 401(k) Plan$20MSemanoff Ormsby Greenberg & Torchia, LLC 401(k) Profit Sharing PlanSemanoff Ormsby Greenberg & …$20M
End-of-year total assets ($M) among Karas & Karas Glass Co. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Karas & Karas Glass Company, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Karas & Karas Glass Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 5.192839056461286% vs 2022
2024 filing year
$18M$19M$20M$21M$22M$23M 202220232024 $18.6M $19.5M ▲ +5.2%
Year Plans Participants Total Assets
2022 1 42 $19M
2023 1 43 $22M
2024 1 43 $20M

2024 asset-move particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$20M
Net Income-$2M
Employer EIN041493810
Plan Effective Date1962-12-28
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Karas & Karas Glass Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Karas & Karas Glass Co. 401(k) Profit Sharing Plan, Total assets ($B): 0.019535967 · Participants: 43Karas & Karas Glass Co. 401(k) Profit Sharing PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Karas & Karas Glass Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Karas & Karas Glass Co. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Keats Manufacturing Co. 401(k) and Profit Sharing Plan in IL ($20M); by covered participants it is Shaker Lane Holding, Inc. 401(k) Profit Sharing Plan in FL (43 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (43 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 Karas & Karas Glass Co. 401(k) Profit Sharing Plan assets move in 2024?
Karas & Karas Glass Co. 401(k) Profit Sharing Plan pulled back noticeably - down 10.0% during 2024, from $22M to $20M. Reported net income was -$2M.
How have Karas & Karas Glass Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Karas & Karas Glass Company, Inc.'s sponsor-wide assets grew 5.2%, from $19M to $20M.
Which 401(k) plans are similar in size to Karas & Karas Glass Co. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Keats Manufacturing Co. 401(k) and Profit Sharing Plan in IL ($20M, 204 participants).
Which 401(k) plans cover a similar participant headcount to Karas & Karas Glass Co. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Shaker Lane Holding, Inc. 401(k) Profit Sharing Plan in FL (43 participants, $3M in assets).