401(k) · DOL Form 5500 · 2023

Rao Manufacturing Company 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
201
Participants Below avg headcount
61st
Percentile by assets National rank
$56,324
Avg per participant Low balance/head
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Official DOL plan name: Retirement Savings Plan and Trust of Rao Manufacturing Company · Sponsored by Rao Manufacturing Company · Minnesota · Manufacturing

$11M in assets, 201 participants

Rao Manufacturing Company's Retirement Savings Plan and Trust of Rao Manufacturing Company reported $11M in total assets and 201 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #9,026 in Manufacturing (18,722 peers)

Coverage in Minnesota

Retirement Savings Plan and Trust of Rao Manufacturing Company covers 201 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#9,026
in Manufacturing (18,722 peers)
+23.2%
assets growth YoY

Retirement Savings Plan and Trust of Rao Manufacturing Company's mid-pack asset rank among Manufacturing and all filers

Retirement Savings Plan and Trust of Rao Manufacturing Company vs every filed plan by assets

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

$11,321,214 Top 39% higher than 61% 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

Retirement Savings Plan and Trust of Rao Manufacturing Company 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. Retirement Savings Plan and Trust of Rao Manufacturing Company sits mid-pack in the medium band (201 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Savings Plan and Trust of Rao Manufacturing Company reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Retirement Savings Plan and Trust of Rao Manufacturing Company reported participants fell from 278 in the plan year 2022 filing to 201 in the plan year 2023 filing.
  • Retirement Savings Plan and Trust of Rao Manufacturing Company end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410494610 · Rao Manufacturing Company PY 2023 · 401(k)

Retirement Savings Plan and Trust of Rao Manufacturing Company · $11M · 201 · 61st

  • BOOK $11M
  • BOOK 201
  • BOOK 61st
  • BOOK 401(k)
  • BOOK near Industrious Staffing 401(k) Plan
  • BOOK ind #9026

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 Minnesota →

Retirement Savings Plan and Trust of Rao Manufacturing Company in the asset neighbourhood

Retirement Savings Plan and Trust of Rao Manufacturing CompanyRetirement Savings Plan and …$11MIndustrious Staffing 401(k) PlanIndustrious Staffing 401(k) …$11MIlwu-Pma Benefit Plans 401(k) Plan for Management EmployeesIlwu-Pma Benefit Plans 401(k…$11MCatchpoint System, Inc. 401(k) PlanCatchpoint System, Inc. 401(…$11MBishop Gadsden Savings & Retirement PlanBishop Gadsden Savings & Ret…$11M
End-of-year total assets ($M) among Retirement Savings Plan and Trust of Rao Manufacturing Company and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN410494610
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rao Manufacturing Company)

Sponsor-wide plan assets over time

All Rao Manufacturing Company plans reported in each filing year

Latest sponsor-wide plan assets
$14M 50.931597109447594% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.19M $13.9M ▲ +50.9%
Year Plans Participants Total Assets
2022 1 278 $9M
2023 1 201 $11M
2024 1 230 $14M

Nearby 401(k) Plans in Minnesota

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

Retirement Savings Plan and Trust of Rao Manufacturing Company vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Retirement Savings Plan and Trust of Rao Manufacturing Company, Total assets ($B): 0.011321214 · Participants: 201Retirement Savings Plan and Trust of Rao Manufacturing CompanyUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Retirement Savings Plan and Trust of Rao Manufacturing Company vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Retirement Savings Plan and Trust of Rao Manufacturing Company side-by-side with 3 peers →

Retirement Savings Plan and Trust of Rao Manufacturing Company's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Industrious Staffing 401(k) Plan in NY ($11M); by covered participants it is Satair USA, Inc. Retirement Savings Plan in GA (201 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (201 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 Retirement Savings Plan and Trust of Rao Manufacturing Company assets move in 2023? ▼
Retirement Savings Plan and Trust of Rao Manufacturing Company grew sharply - up 23.2% during 2023, from $9M to $11M. Reported net income was $2M.
How have Rao Manufacturing Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rao Manufacturing Company's sponsor-wide assets grew 50.9%, from $9M to $14M.
Which 401(k) plans are similar in size to Retirement Savings Plan and Trust of Rao Manufacturing Company? ▼
Among 401(k) plans in other states, the closest by assets is Industrious Staffing 401(k) Plan in NY ($11M, 441 participants).
Which 401(k) plans cover a similar participant headcount to Retirement Savings Plan and Trust of Rao Manufacturing Company? ▼
Among 401(k) plans in other states, the closest by covered participants is Satair USA, Inc. Retirement Savings Plan in GA (201 participants, N/A 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 410494610.

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.