401(k) · DOL Form 5500 · 2024

Karl's Tv & Appliance Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets: 377
Participants Below avg headcount: 44th
Percentile by assets National rank: $14,799
Avg per participant Low balance/head

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Official DOL plan name: Karl's, Inc. 401(k) Plan · Sponsored by Karl's Tv & Appliance Inc. · South Dakota · Retail Trade

$6M in assets, 377 participants

Karl's Tv & Appliance Inc.'s Karl's, Inc. 401(k) Plan reported $6M in total assets and 377 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

#4,407 in Retail Trade (8,048 peers)

Karl's Tv & Appliance Inc. multi-year trail

Karl's Tv & Appliance Inc.'s plans moved +50.1% in assets from 2022 to 2024; this filing shows Karl's, Inc. 401(k) Plan at $6M / 377 participants.

#4,407
in Retail Trade (8,048 peers): -0.1%
assets change YoY

The plan reported a net loss of $8K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Karl's, Inc. 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Karl's, Inc. 401(k) Plan vs every filed plan by assets

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

$5,579,231 44th percentile higher than 44% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Karl's, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Karl's, Inc. 401(k) Plan sits mid-pack in the medium band (377 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Karl's, Inc. 401(k) Plan reported net income fell from $604K in the plan year 2023 filing to -$8K in the plan year 2024 filing.
Karl's, Inc. 401(k) Plan reported participants fell from 383 in the plan year 2023 filing to 377 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 460307274 · Karl's Tv & Appliance Inc. PY 2024 · 401(k)

Karl's, Inc. 401(k) Plan · $6M · 377 · 44th

PCT $6M
EIN 377
RANK 44th
PHOTO 401(k)
IND near Plano Ent, Inc. 401(k) Plan
EOY ind #4407

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 South Dakota →

End-of-year total assets ($M) among Karl's, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Karl's Tv & Appliance Inc. multi-year asset trail

Latest sponsor-wide plan assets: $30M 50.124935698495236% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	2	637	$20M
2023	2	597	$25M
2024	2	670	$30M

Karl's Tv & Appliance Inc. filing trail (2024)

Total Assets (Beginning of Year)	$6M
Net Assets (End of Year)	$6M
Net Income	-$8K
Employer EIN	460307274
Plan Effective Date	1995-07-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in South Dakota

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

Karl's, Inc. 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

Black Hills Corporation 401(k) Retirement Savings Plan $811M · 2,881
Good Samaritan Society 401(k) Plan $278M · 12,199
Poet 401(k) Plan $266M · 2,380
Daktronics, Inc. 401(k) Plan $263M · 2,369
Premier 401(k) Plan $241M · 1,821

Compare Karl's, Inc. 401(k) Plan side-by-side with 3 peers →

Karl's, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Plano Ent, Inc. 401(k) Plan in TX ($6M); by covered participants it is Steven Douglas Associates LLC 401(k) Profit Sharing Plan in FL (377 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Plano Ent, Inc. 401(k) Plan (TX) $6M · 25
Webster Dental Care Group 401(k) Plan (IL) $6M · 155
Layerzero Power Systems Inc 401(k) Psp & Trust (OH) $6M · 134
Bethel Farms, Lllp Retirement Plan (FL) $6M · 143

Similar participant headcount

Nearest other-state filings by covered participants (377 participants); asset peers above are excluded.

Steven Douglas Associates LLC 401(k) Profit Sharing Plan (FL) 377 · 0 off
Winshape Foundation, Inc. 401(k) Plan (GA) 377 · 0 off
Wilson Lumber Company, Inc. 401(k) Profit Sharing Plan (AL) 377 · 0 off
Stone and Excel 401(k) Plan (MI) 377 · 0 off

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 Karl's, Inc. 401(k) Plan assets move in 2024? ▼

Karl's, Inc. 401(k) Plan held essentially flat - down 0.1% during 2024, from $6M to $6M. Reported net income was -$8K.

How have Karl's Tv & Appliance Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Karl's Tv & Appliance Inc.'s sponsor-wide assets grew 50.1%, from $20M to $30M.

Which 401(k) plans are similar in size to Karl's, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Plano Ent, Inc. 401(k) Plan in TX ($6M, 25 participants).

Which 401(k) plans cover a similar participant headcount to Karl's, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Steven Douglas Associates LLC 401(k) Profit Sharing Plan in FL (377 participants, $23M in assets).

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 460307274.