Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Rhino Foods, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Rhino Foods, Inc. · Vermont · Manufacturing

What the 2023 filing shows

Rhino Foods, Inc. 401(k) Plan holds $7M for 217 participants — about $31,923 per participant, down 18.9% over the 2022 plan year.

$7M
total plan assets (2022 EOY)
217
covered participants
$31,923
avg assets per participant
-18.9%
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.

Total Assets (2023)
$7M
Participants
217
State
Industry
Manufacturing

What the Filing Says About Rhino Foods, Inc. 401(k) Plan

Rhino Foods, Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Rhino Foods, Inc., headquartered in Vermont. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 217 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 030280666, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2022 to $7M at year-end — a decline of 18.9%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-1,611,148 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$9M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$-1,611,148
Plan TypeProfit Sharing
Employer EIN030280666
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rhino Foods, Inc.)

Year Plans Participants Total Assets
2022 1 217 $7M
2023 1 210 $9M
2024 1 181 $11M

Nearby Profit Sharing Plans in Vermont

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Frequently Asked Questions

How much money is in the Rhino Foods, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Rhino Foods, Inc. 401(k) Plan holds $7M in total assets with 217 participants. It is sponsored by Rhino Foods, Inc..
What type of plan is Rhino Foods, Inc. 401(k) Plan?
Rhino Foods, Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 030280666.
Who sponsors the Rhino Foods, Inc. 401(k) Plan?
Rhino Foods, Inc. 401(k) Plan is sponsored by Rhino Foods, Inc., located in Vermont. The sponsor's EIN is 030280666 and the plan operates in the Manufacturing industry.
How did Rhino Foods, Inc. 401(k) Plan perform in 2022?
Rhino Foods, Inc. 401(k) Plan declined by 18.9% during 2022, moving from $9M to $7M in total assets. Net income was $-1,611,148.
Where can I find official filings for Rhino Foods, Inc. 401(k) Plan?
Official Form 5500 filings for Rhino Foods, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 030280666 or plan name at efast.dol.gov.
How does Rhino Foods, Inc. 401(k) Plan compare to other plans?
You can compare Rhino Foods, Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Vermont on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 030280666.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.