401(k) · DOL Form 5500 · 2024

Rhode Island Novelty 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
170
Participants Small participant base
71st
Percentile by assets National rank
$124,339
Avg per participant Near avg balance/head
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Official DOL plan name: Rhode Island Novelty 401(k) Profit Sharing Plan & Trust · Sponsored by Rhode Island Novelty · Massachusetts · Wholesale Trade

$21M in assets, 170 participants

Rhode Island Novelty's Rhode Island Novelty 401(k) Profit Sharing Plan & Trust reported $21M in total assets and 170 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #4,115 in Wholesale Trade (6,080 peers)

Coverage in Massachusetts

Rhode Island Novelty 401(k) Profit Sharing Plan & Trust covers 170 participants in Massachusetts, about 26% of the average Massachusetts filer (state average ~659 per filing). Assets: $21M.

#4,115
in Wholesale Trade (6,080 peers)
+18.3%
assets growth YoY

Rhode Island Novelty 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Rhode Island Novelty 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$21,137,573 Top 29% higher than 71% of 123,620 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 2024

Rhode Island Novelty 401(k) Profit Sharing Plan & Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Rhode Island Novelty 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (170 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Rhode Island Novelty 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $18M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Rhode Island Novelty 401(k) Profit Sharing Plan & Trust reported net income rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Rhode Island Novelty 401(k) Profit Sharing Plan & Trust reported participants rose from 161 in the plan year 2023 filing to 170 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 050421400 · Rhode Island Novelty PY 2024 · 401(k)

Rhode Island Novelty 401(k) Profit Sharing Plan & Trust · $21M · 170 · 71st

  • PART $21M
  • TYPE 170
  • NET 71st
  • BOOK 401(k)
  • VS-ST near Michigan Millers Mutual Insurance Company Employee 401(k) Plan
  • BOY ind #4115

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 Wholesale Trade retirement plans → · Plans in Massachusetts →

Rhode Island Novelty 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Rhode Island Novelty 401(k) Profit Sharing Plan & TrustRhode Island Novelty 401(k) …$21MMichigan Millers Mutual Insurance Company Employee 401(k) PlanMichigan Millers Mutual Insu…$21MSg Chevrolet 401(k) Savings PlanSg Chevrolet 401(k) Savings …$21MTrue North Equipment Co. 401(k) Profit Sharing PlanTrue North Equipment Co. 401…$21MElevate Outdoor Collective 401(k) PlanElevate Outdoor Collective 4…$21M
End-of-year total assets ($M) among Rhode Island Novelty 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN050421400
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rhode Island Novelty)

Sponsor-wide plan assets over time

All Rhode Island Novelty plans reported in each filing year

Latest sponsor-wide plan assets
$21M 42.563178285607066% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $14.8M $21.1M ▲ +42.5%
Year Plans Participants Total Assets
2022 1 148 $15M
2023 1 161 $18M
2024 1 170 $21M

Nearby 401(k) Plans in Massachusetts

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

Rhode Island Novelty 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Rhode Island Novelty 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.021137573 · Participants: 170Rhode Island Novelty 401(k) Profit Sharing Plan & TrustFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Rhode Island Novelty 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Rhode Island Novelty 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Rhode Island Novelty 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Michigan Millers Mutual Insurance Company Employee 401(k) Plan in MI ($21M); by covered participants it is Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan in TX (170 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (170 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Rhode Island Novelty 401(k) Profit Sharing Plan & Trust assets move in 2024? ▼
Rhode Island Novelty 401(k) Profit Sharing Plan & Trust grew sharply - up 18.3% during 2024, from $18M to $21M. Reported net income was $3M.
How have Rhode Island Novelty plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rhode Island Novelty's sponsor-wide assets grew 42.6%, from $15M to $21M.
Which 401(k) plans are similar in size to Rhode Island Novelty 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Michigan Millers Mutual Insurance Company Employee 401(k) Plan in MI ($21M, 173 participants).
Which 401(k) plans cover a similar participant headcount to Rhode Island Novelty 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan in TX (170 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 050421400.

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.