Profit Sharing Ā· DOL Form 5500 Ā· 2022
Rable Machine, Inc. Retirement Savings Plan
Data updated 2026-05-15
- $1M
- Total assets
- 149
- Participants
- 27th
- Percentile by assets
- $7,847
- Avg per participant
Sponsored by Rable Machine, Inc. Ā· Ohio Ā· Manufacturing
What the 2022 filing shows
Rable Machine, Inc. Retirement Savings Plan holds $1M for 149 participants - about $7,847 per participant, in the lower half of filed plans by assets, down 9.2% over the 2022 plan year.
- $1M
- total plan assets (2022 EOY)
- 149
- covered participants
- 27th
- percentile by assets (of 139,258 plans)
- $7,847
- avg assets per participant
The plan reported a net loss of $119K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Profit Sharing Ā· DOL Form 5500 Ā· 2022
What the Filing Says About Rable Machine, Inc. Retirement Savings Plan
Rable Machine, Inc. Retirement Savings Plan is a Profit Sharing retirement plan sponsored by Rable Machine, Inc., headquartered in Ohio. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 149 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 340813093, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets pulled back noticeably from $1M at the beginning of 2022 to $1M at year-end - down 9.2%. Net assets (after liabilities) closed the year at $1M, with reported net income of -$119K 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 1 prior plan-year filing from the same sponsor shown below.
Across the 2 plan years Rable Machine, Inc. has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $10M to $7M, a decline of 26.0%, while reported participants moved from 248 to 81 (-67.3%). Year-by-year, sponsor-wide filings show: 2022 - $10M in assets across 2 plans covering 248 participants; 2023 - $7M in assets across 1 plan covering 81 participants.
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.
How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Rable Machine, Inc. Retirement Savings Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2022)
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Total Assets (End of Year) | $1M |
| Net Assets (End of Year) | $1M |
| Net Income | -$119K |
| Plan Type | Profit Sharing |
| Employer EIN | 340813093 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Rable Machine, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 248 | $10M |
| 2023 | 1 | 81 | $7M |
Nearby Profit Sharing Plans in Ohio
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Nationwide Savings Plan $6.7B Ā· 24,278
- Cleveland Clinic Savings and Investment Plan $6.3B Ā· 51,726
- The Procter & Gamble Savings Plan $4.5B Ā· 28,173
- Ohiohealth Retirement Savings Plan 403(b) $1.9B Ā· 28,462
- Faculty and Key Administrative Employee's Retirement Plan a $1.8B Ā· 1,780
Frequently Asked Questions
How much money is in the Rable Machine, Inc. Retirement Savings Plan? ▼
What type of plan is Rable Machine, Inc. Retirement Savings Plan? ▼
Who sponsors the Rable Machine, Inc. Retirement Savings Plan? ▼
How did Rable Machine, Inc. Retirement Savings Plan perform in 2022? ▼
What this filing means
Ways to act on Rable Machine, Inc. Retirement Savings Plan's numbers.
- By total assets, Rable Machine, Inc. Retirement Savings Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Ohio. Compare plans
- Rable Machine, Inc.'s sponsor-wide assets have declined 26.0% since 2022 across 2 plan years on file. More Manufacturing plans
- A Profit Sharing plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 340813093.
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.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.