401(k) · DOL Form 5500 · 2023

Rheem Manufacturing Company 401(k) Plan

Data updated 2026-08-11

$403M
Total assets
2,803
Participants
97th
Percentile by assets
$143,654
Avg per participant
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Official DOL plan name: Rheem Defined Contribution Plan · Sponsored by Rheem Manufacturing Company · Georgia · Manufacturing

$403M in assets, 2,803 participants

Rheem Manufacturing Company's Rheem Defined Contribution Plan reported $403M in total assets and 2,803 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 97th percentile by assets (of 127,072 plans)
  • #17,798 in Manufacturing (18,722 peers)

Coverage in Georgia

Rheem Defined Contribution Plan covers 2,803 participants in Georgia, 2.6x the typical Georgia plan (state average ~1,096 per filing). Assets: $403M.

$403M
total plan assets (2023 EOY)
2,803
covered participants
97th
percentile by assets (of 127,072 plans)
$143,654
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rheem Defined Contribution Plan reported net income rose from -$34M in the plan year 2022 filing to $68M in the plan year 2023 filing.
  • Rheem Defined Contribution Plan end-of-year assets rose from $308M in the plan year 2022 filing to $403M in the plan year 2023 filing.
  • Rheem Defined Contribution Plan reported participants rose from 2,680 in the plan year 2022 filing to 2,803 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Rheem Defined Contribution Plan reports 2,803 participants - 2.6x that state average ($403M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$308M
Net Assets (End of Year)$403M
Net Income$68M
Employer EIN203928590
Plan Effective Date1949-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Rheem Manufacturing Company)

$500M$550M$600M$650M$700M 202220232024 $586M $524M ▼ -10.5%
Total plan assets by year, all Rheem Manufacturing Company plans on file
Year Plans Participants Total Assets
2022 3 4,471 $586M
2023 3 4,573 $642M
2024 3 4,814 $524M

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Rheem Defined Contribution Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Rheem Defined Contribution Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Rheem Defined Contri…The Teamster - UPS N…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401(k) Savings P…The Home Depot Futur…
Rheem Defined Contribution Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Rheem Defined Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did Rheem Defined Contribution Plan assets move in 2023?
Rheem Defined Contribution Plan surged - up 30.6% during 2023, from $308M to $403M. Reported net income was $68M.
How have Rheem Manufacturing Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Rheem Manufacturing Company's sponsor-wide assets declined 10.5%, from $586M to $524M.
Where does Rheem Defined Contribution Plan rank by assets among Form 5500 filers?
Rheem Defined Contribution Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Rheem Defined Contribution Plan?
Among 401(k) plans in other states, the closest by assets is Brinker International 401(k) Savings Plan in TX ($403M, 37,077 participants).

Next read for Rheem Defined Contribution Plan

Filing takeaways

Ways to act on Rheem Defined Contribution Plan's numbers.

  • By total assets, Rheem Defined Contribution Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Georgia. Compare plans
  • Rheem Manufacturing Company's sponsor-wide assets have declined 10.5% since 2022 across 3 plan years on file. More Manufacturing plans