Karvonen & Son Inc.
Plan context: Karvonens 401(K) Plan
EIN 41-1393747 • Perham, MN • 3 filings • 1 plans
Current Snapshot
Latest Year
2025
2025 Participants
12
2025 Assets
$513,179
2025 Contributions
$115,163
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2025 | 1 | 12 | $513,179 | $115,163 | $9,597iApproximate average salary by contribution assumption: employee only about $239,923 at 4% or $159,949 at 6%; with 50% employer match about $159,949 at 4% or $106,632 at 6%; with 100% employer match about $119,961 at 4% or $79,974 at 6%. |
| Karvonens 401(K) Plan | - | 12 | $513,179 | $115,163 | $9,597iApproximate average salary by contribution assumption: employee only about $239,923 at 4% or $159,949 at 6%; with 50% employer match about $159,949 at 4% or $106,632 at 6%; with 100% employer match about $119,961 at 4% or $79,974 at 6%. |
| 2024 | 1 | 14 | $335,428 | $147,416 | $10,530iApproximate average salary by contribution assumption: employee only about $263,243 at 4% or $175,495 at 6%; with 50% employer match about $175,495 at 4% or $116,997 at 6%; with 100% employer match about $131,621 at 4% or $87,748 at 6%. |
| Karvonens 401(K) Plan | - | 14 | $335,428 | $147,416 | $10,530iApproximate average salary by contribution assumption: employee only about $263,243 at 4% or $175,495 at 6%; with 50% employer match about $175,495 at 4% or $116,997 at 6%; with 100% employer match about $131,621 at 4% or $87,748 at 6%. |
| 2023 | 1 | 13 | $193,861 | $179,027 | $13,771iApproximate average salary by contribution assumption: employee only about $344,283 at 4% or $229,522 at 6%; with 50% employer match about $229,522 at 4% or $153,015 at 6%; with 100% employer match about $172,141 at 4% or $114,761 at 6%. |
| Karvonens 401(K) Plan | - | 13 | $193,861 | $179,027 | $13,771iApproximate average salary by contribution assumption: employee only about $344,283 at 4% or $229,522 at 6%; with 50% employer match about $229,522 at 4% or $153,015 at 6%; with 100% employer match about $172,141 at 4% or $114,761 at 6%. |