401(k) Β· DOL Form 5500 Β· 2023

Rable Machine, Inc. Employee Stock Ownership Plan

Data updated 2026-05-15

$7M
Total assets
81
Participants
52th
Percentile by assets
$91,712
Avg per participant

Sponsored by Rable Machine, Inc. Β· Ohio Β· Manufacturing

What the 2023 filing shows

Rable Machine, Inc. Employee Stock Ownership Plan holds $7M for 81 participants - about $91,712 per participant, above the median plan by assets, down 16.3% over the 2023 plan year.

$7M
total plan assets (2023 EOY)
81
covered participants
52th
percentile by assets (of 126,618 plans)
$91,712
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Manufacturing

401(k) Β· DOL Form 5500 Β· 2023

What the Filing Says About Rable Machine, Inc. Employee Stock Ownership Plan

Rable Machine, Inc. Employee Stock Ownership Plan is a 401(k) retirement plan sponsored by Rable Machine, Inc., headquartered in Ohio. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 81 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 1990-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets declined sharply from $9M at the beginning of 2023 to $7M at year-end - down 16.3%. Net assets (after liabilities) closed the year at $7M, with reported net income of -$1M 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 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Rable Machine, Inc. Employee Stock Ownership 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 (2023)

Total Assets (Beginning of Year)$9M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income-$1M
Plan Type401(k)
Employer EIN340813093
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rable Machine, Inc.)

Year Plans Participants Total Assets
2022 2 248 $10M
2023 1 81 $7M

Nearby 401(k) Plans in Ohio

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

Frequently Asked Questions

How much money is in the Rable Machine, Inc. Employee Stock Ownership Plan?
As of the 2023 Form 5500 filing, Rable Machine, Inc. Employee Stock Ownership Plan holds $7M in total assets with 81 participants. It is sponsored by Rable Machine, Inc..
What type of plan is Rable Machine, Inc. Employee Stock Ownership Plan?
Rable Machine, Inc. Employee Stock Ownership Plan is a 401(k) plan. It has been effective since 1990-10-01. The plan is filed with the U.S. Department of Labor under EIN 340813093.
Who sponsors the Rable Machine, Inc. Employee Stock Ownership Plan?
Rable Machine, Inc. Employee Stock Ownership Plan is sponsored by Rable Machine, Inc., located in Ohio. The sponsor's EIN is 340813093 and the plan operates in the Manufacturing industry.
How did Rable Machine, Inc. Employee Stock Ownership Plan perform in 2023?
Rable Machine, Inc. Employee Stock Ownership Plan declined sharply - down 16.3% during 2023, moving from $9M to $7M in total assets. Net income was -$1M.

What this filing means

Ways to act on Rable Machine, Inc. Employee Stock Ownership Plan's numbers.

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 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.

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

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.