401(k) · DOL Form 5500 · 2024

Rheem Manufacturing Company 401(k) Plan

Data updated 2026-08-11

$469M
Total assets
3,329
Participants
97th
Percentile by assets
$140,917
Avg per participant
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Official DOL plan name: Rheem Defined Contribution Plan · Sponsored by Rheem Manufacturing Company · Georgia · Manufacturing

$469M in assets, 3,329 participants

Rheem Manufacturing Company's Rheem Defined Contribution Plan reported $469M in total assets and 3,329 participants in its 2024 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 123,622 plans)
  • #16,941 in Manufacturing (17,777 peers)

Coverage in Georgia

Rheem Defined Contribution Plan covers 3,329 participants in Georgia, 3.0x the typical Georgia plan (state average ~1,096 per filing). Assets: $469M.

$469M
total plan assets (2024 EOY)
3,329
covered participants
97th
percentile by assets (of 123,622 plans)
$140,917
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Rheem Defined Contribution Plan reported participants rose from 2,803 in the plan year 2023 filing to 3,329 in the plan year 2024 filing.
  • Rheem Defined Contribution Plan end-of-year assets rose from $403M in the plan year 2023 filing to $469M in the plan year 2024 filing.
  • Rheem Defined Contribution Plan reported net income fell from $68M in the plan year 2023 filing to $66M in the plan year 2024 filing.

See the national 2023→2024 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 3,329 participants - 3.0x that state average ($469M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$403M
Net Assets (End of Year)$469M
Net Income$66M
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. -1000000100000200000300000400000500000 -50510152025 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 2024?
Rheem Defined Contribution Plan grew sharply - up 16.5% during 2024, from $403M to $469M. Reported net income was $66M.
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 123,622 plans that reported assets for plan year 2024 (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 Summit Materials 401(k) Retirement Plan in CO ($469M, 5,333 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