Defined Benefit (Pension) · DOL Form 5500 · 2023

Rheem Manufacturing Company Pension Plan

Data updated 2026-08-25

$189M
Total assets Near avg plan size
809
Participants Near avg headcount
94th
Percentile by assets National rank
$233,195
Avg per participant Above avg balance/head
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Official DOL plan name: Rheem Consolidated Pension Plan · Sponsored by Rheem Manufacturing Company · Georgia · Manufacturing

$189M in assets, 809 participants

Rheem Manufacturing Company's Rheem Consolidated Pension Plan reported $189M in total assets and 809 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #17,127 in Manufacturing (18,722 peers)

Where Rheem Consolidated Pension Plan sits by assets

Rheem Consolidated Pension Plan sits in the top 10% of all filed plans by assets, $189M for 809 participants (~$233,195/participant), down 18.5% in 2023.

#17,127
in Manufacturing (18,722 peers)
-18.5%
assets change YoY
1.9×
vs typical plan assets (national mean)

The plan reported a net loss of $43M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Rheem Consolidated Pension Plan's outsized position by total assets

Rheem Consolidated Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$188,655,019 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Rheem Consolidated Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Rheem Consolidated Pension Plan sits mid-pack in the medium band (809 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rheem Consolidated Pension Plan reported net income rose from -$69M in the plan year 2022 filing to -$43M in the plan year 2023 filing.
  • Rheem Consolidated Pension Plan end-of-year assets fell from $231M in the plan year 2022 filing to $189M in the plan year 2023 filing.
  • Rheem Consolidated Pension Plan reported participants fell from 914 in the plan year 2022 filing to 809 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 203928590 · Rheem Manufacturing Company PY 2023 · Defined Benefit (Pension)

Rheem Consolidated Pension Plan · $189M · 809 · 94th

  • NET $189M
  • NET 809
  • NET 94th
  • NET Defined Benefit (Pension)
  • NET near IBEW Local Union No. 22/NECA Defined Benefit Pension Fund, Plan a
  • NET ind #17127

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Georgia →

Rheem Consolidated Pension Plan in the asset neighbourhood

Pension Plan of Cravath, Swaine & Moore LLPPension Plan of Cravath, Swa…$189MIBEW Local Union No. 22/NECA Defined Benefit Pension Fund, Plan aIBEW Local Union No. 22/NECA…$189MRheem Consolidated Pension PlanRheem Consolidated Pension P…$189MHillenbrand, Inc. Pension PlanHillenbrand, Inc. Pension Pl…$188MArnold & Porter Cash Balance Plan and TrustArnold & Porter Cash Balance…$188M
End-of-year total assets ($M) among Rheem Consolidated Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$231M
Net Assets (End of Year)$189M
Net Income-$43M
Employer EIN203928590
Plan Effective Date1950-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rheem Manufacturing Company)

Sponsor-wide plan assets over time

All Rheem Manufacturing Company plans reported in each filing year

Latest sponsor-wide plan assets
$524M 10.511702330516266% vs 2022
2024 filing year
$500M$550M$600M$650M$700M 202220232024 $586M $524M ▼ -10.5%
Year Plans Participants Total Assets
2022 3 4,471 $586M
2023 3 4,573 $642M
2024 3 4,814 $524M

Nearby Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Rheem Consolidated Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Rheem Consolidated Pension Plan, Total assets ($B): 0.188655019 · Participants: 809Rheem Consolidated Pension PlanThe Southern Company Pension Plan, Total assets ($B): 15.596954837 · Participants: 25241The Southern Company Pension PlanUPS/Ibt Full-Time Employee Pension Plan, Total assets ($B): 12.285105757 · Participants: 70241UPS/Ibt Full-Time Employee Pension PlanUPS Pension Plan, Total assets ($B): 9.733665646 · Participants: 153217UPS Pension PlanCox Enterprises, Inc. Pension Plan, Total assets ($B): 7.396009274 · Participants: 24023Cox Enterprises, Inc. Pension PlanDelta Retirement Plan, Total assets ($B): 7.309889555 · Participants: 15601Delta Retirement Plan
Rheem Consolidated Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
Compare Rheem Consolidated Pension Plan side-by-side with 3 peers →

Rheem Consolidated Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Georgia, the nearest Defined Benefit (Pension) by assets is IBEW Local Union No. 22/NECA Defined Benefit Pension Fund, Plan a in NE ($189M); by covered participants it is Agri-Mark Inc. Pension Plan in MA (809 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (809 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Rheem Consolidated Pension Plan assets move in 2023? ▼
Rheem Consolidated Pension Plan declined sharply - down 18.5% during 2023, from $231M to $189M. Reported net income was -$43M.
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 Consolidated Pension Plan rank by assets among Form 5500 filers? ▼
Rheem Consolidated Pension Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Rheem Consolidated Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is IBEW Local Union No. 22/NECA Defined Benefit Pension Fund, Plan a in NE ($189M, 1,442 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Rheem Consolidated Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Agri-Mark Inc. Pension Plan in MA (809 participants, $131M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 203928590.

Read our methodology - how this data is sourced, computed, and verified.

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