KARBAN FINANCIAL, LLC
Plan context: RAK 401(K) PLAN
EIN 82-3607744 • Maumee, OH • 16 filings • 2 plans
Current Snapshot
Latest Year
2025
2025 Participants
6
2025 Assets
$6,524,107
2025 Contributions
$317,286
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 | 2 | 6 | $6,524,107 | $317,286 | $52,881iApproximate average salary by contribution assumption: employee only about $1,322,025 at 4% or $881,350 at 6%; with 50% employer match about $881,350 at 4% or $587,567 at 6%; with 100% employer match about $661,013 at 4% or $440,675 at 6%. |
| RAK 401(K) PLAN | - | 6 | $5,166,903 | $167,286 | $27,881iApproximate average salary by contribution assumption: employee only about $697,025 at 4% or $464,683 at 6%; with 50% employer match about $464,683 at 4% or $309,789 at 6%; with 100% employer match about $348,513 at 4% or $232,342 at 6%. |
| RAK CASH BALANCE PLAN | - | 6 | $1,357,204 | $150,000 | $25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%. |
| 2024 | 2 | 6 | $5,377,996 | $252,740 | $42,123iApproximate average salary by contribution assumption: employee only about $1,053,083 at 4% or $702,056 at 6%; with 50% employer match about $702,056 at 4% or $468,037 at 6%; with 100% employer match about $526,542 at 4% or $351,028 at 6%. |
| RAK 401(K) PLAN | - | 6 | $4,310,653 | $152,740 | $25,457iApproximate average salary by contribution assumption: employee only about $636,417 at 4% or $424,278 at 6%; with 50% employer match about $424,278 at 4% or $282,852 at 6%; with 100% employer match about $318,208 at 4% or $212,139 at 6%. |
| RAK CASH BALANCE PLAN | - | 6 | $1,067,343 | $100,000 | $16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%. |
| 2023 | 2 | 6 | $4,498,264 | $209,174 | $34,862iApproximate average salary by contribution assumption: employee only about $871,558 at 4% or $581,039 at 6%; with 50% employer match about $581,039 at 4% or $387,359 at 6%; with 100% employer match about $435,779 at 4% or $290,519 at 6%. |
| RAK 401(K) PLAN | - | 6 | $3,733,626 | $149,174 | $24,862iApproximate average salary by contribution assumption: employee only about $621,558 at 4% or $414,372 at 6%; with 50% employer match about $414,372 at 4% or $276,248 at 6%; with 100% employer match about $310,779 at 4% or $207,186 at 6%. |
| RAK CASH BALANCE PLAN | - | 6 | $764,638 | $60,000 | $10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%. |
| 2022 | 2 | 6 | $3,976,813 | $201,350 | $33,558iApproximate average salary by contribution assumption: employee only about $838,958 at 4% or $559,306 at 6%; with 50% employer match about $559,306 at 4% or $372,870 at 6%; with 100% employer match about $419,479 at 4% or $279,653 at 6%. |
| RAK 401(K) PLAN | - | 6 | $3,302,524 | $136,711 | $22,785iApproximate average salary by contribution assumption: employee only about $569,629 at 4% or $379,753 at 6%; with 50% employer match about $379,753 at 4% or $253,169 at 6%; with 100% employer match about $284,815 at 4% or $189,876 at 6%. |
| RAK CASH BALANCE PLAN | - | 6 | $674,289 | $64,639 | $10,773iApproximate average salary by contribution assumption: employee only about $269,329 at 4% or $179,553 at 6%; with 50% employer match about $179,553 at 4% or $119,702 at 6%; with 100% employer match about $134,665 at 4% or $89,776 at 6%. |
| 2021 | 2 | 5 | $4,088,394 | $182,093 | $36,419iApproximate average salary by contribution assumption: employee only about $910,465 at 4% or $606,977 at 6%; with 50% employer match about $606,977 at 4% or $404,651 at 6%; with 100% employer match about $455,233 at 4% or $303,488 at 6%. |
| RAK 401(K) PLAN | - | 5 | $3,446,688 | $119,883 | $23,977iApproximate average salary by contribution assumption: employee only about $599,415 at 4% or $399,610 at 6%; with 50% employer match about $399,610 at 4% or $266,407 at 6%; with 100% employer match about $299,708 at 4% or $199,805 at 6%. |
| RAK CASH BALANCE PLAN | - | 5 | $641,706 | $62,210 | $12,442iApproximate average salary by contribution assumption: employee only about $311,050 at 4% or $207,367 at 6%; with 50% employer match about $207,367 at 4% or $138,244 at 6%; with 100% employer match about $155,525 at 4% or $103,683 at 6%. |
| 2020 | 2 | 5 | $3,468,874 | $185,581 | $37,116iApproximate average salary by contribution assumption: employee only about $927,905 at 4% or $618,603 at 6%; with 50% employer match about $618,603 at 4% or $412,402 at 6%; with 100% employer match about $463,952 at 4% or $309,302 at 6%. |
| RAK 401(K) PLAN | - | 5 | $2,942,881 | $123,623 | $24,725iApproximate average salary by contribution assumption: employee only about $618,115 at 4% or $412,077 at 6%; with 50% employer match about $412,077 at 4% or $274,718 at 6%; with 100% employer match about $309,058 at 4% or $206,038 at 6%. |
| RAK CASH BALANCE PLAN | - | 5 | $525,993 | $61,958 | $12,392iApproximate average salary by contribution assumption: employee only about $309,790 at 4% or $206,527 at 6%; with 50% employer match about $206,527 at 4% or $137,684 at 6%; with 100% employer match about $154,895 at 4% or $103,263 at 6%. |
| 2019 | 2 | 5 | $2,894,198 | $186,890 | $37,378iApproximate average salary by contribution assumption: employee only about $934,450 at 4% or $622,967 at 6%; with 50% employer match about $622,967 at 4% or $415,311 at 6%; with 100% employer match about $467,225 at 4% or $311,483 at 6%. |
| RAK 401(K) PLAN | - | 5 | $2,501,779 | $126,056 | $25,211iApproximate average salary by contribution assumption: employee only about $630,280 at 4% or $420,187 at 6%; with 50% employer match about $420,187 at 4% or $280,124 at 6%; with 100% employer match about $315,140 at 4% or $210,093 at 6%. |
| RAK CASH BALANCE PLAN | - | 5 | $392,419 | $60,834 | $12,167iApproximate average salary by contribution assumption: employee only about $304,170 at 4% or $202,780 at 6%; with 50% employer match about $202,780 at 4% or $135,187 at 6%; with 100% employer match about $152,085 at 4% or $101,390 at 6%. |
| 2018 | 2 | 4 | $2,259,009 | $173,497 | $43,374iApproximate average salary by contribution assumption: employee only about $1,084,356 at 4% or $722,904 at 6%; with 50% employer match about $722,904 at 4% or $481,936 at 6%; with 100% employer match about $542,178 at 4% or $361,452 at 6%. |
| RAK 401(K) PLAN | - | 4 | $1,971,749 | $111,894 | $27,974iApproximate average salary by contribution assumption: employee only about $699,338 at 4% or $466,225 at 6%; with 50% employer match about $466,225 at 4% or $310,817 at 6%; with 100% employer match about $349,669 at 4% or $233,113 at 6%. |
| RAK CASH BALANCE PLAN | - | 4 | $287,260 | $61,603 | $15,401iApproximate average salary by contribution assumption: employee only about $385,019 at 4% or $256,679 at 6%; with 50% employer match about $256,679 at 4% or $171,119 at 6%; with 100% employer match about $192,509 at 4% or $128,340 at 6%. |