Originally posted by UncleVanya Muted and Vibrant only applied to the JPG created
Confirming this. 'Muted' and 'Vibrant' are JPEG only 'Custom Image' settings.
White balance, Custom Image, and colour space settings are not applied to RAW's.
Note that Capture One may not be able to apply those Pentax camera specific 'Custom Image' settings to your RAW's.
If you want the output from processing your RAW files to emulate those Pentax settings, either bake your JPEGs using the Pentax Digital Camera Utility RAW processor that came with your camera, or use the in-camera options (available in playback mode) to save JPEGs or TIFFs out of the camera from your RAWs that implement those 'Custom Image' settings [p-238 of the K-5II manual].