401(k) · DOL Form 5500 · 2024

Rao Manufacturing Company 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
230
Participants Below avg headcount
63rd
Percentile by assets National rank
$60,290
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

$14M in assets, 230 participants

Rao Manufacturing Company's Retirement Savings Plan and Trust of Rao Manufacturing Company reported $14M in total assets and 230 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #8,926 in Manufacturing (17,777 peers)

Coverage in Minnesota

Retirement Savings Plan and Trust of Rao Manufacturing Company covers 230 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $14M.

#8,926
in Manufacturing (17,777 peers)
+22.5%
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 2024 · DOL Form 5500

$13,866,762 Top 37% higher than 63% 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

Retirement Savings Plan and Trust of Rao Manufacturing Company 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. Retirement Savings Plan and Trust of Rao Manufacturing Company sits mid-pack in the medium band (230 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Savings Plan and Trust of Rao Manufacturing Company end-of-year assets rose from $11M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Retirement Savings Plan and Trust of Rao Manufacturing Company reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Retirement Savings Plan and Trust of Rao Manufacturing Company reported participants rose from 201 in the plan year 2023 filing to 230 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 410494610 · Rao Manufacturing Company PY 2024 · 401(k)

Retirement Savings Plan and Trust of Rao Manufacturing Company · $14M · 230 · 63rd

  • VS-ST $14M
  • VS-ST 230
  • VS-ST 63rd
  • VS-ST 401(k)
  • VS-ST near Biscuitville 401(k) Plan
  • VS-ST ind #8926

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 …$14MBiscuitville 401(k) Plan$14MDole Packaged Foods, LLC Hourly Employees 401(k) PlanDole Packaged Foods, LLC Hou…$14MJ.a. Watts, Inc. 401(k) Plan$14MTorgeson Electric Co., Inc. Salary Savings PlanTorgeson Electric Co., Inc. …$14M
End-of-year total assets ($M) among Retirement Savings Plan and Trust of Rao Manufacturing Company and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$3M
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 -20020406080 Total assets ($B) Participants Retirement Savings Plan and Trust of Rao Manufacturing Company, Total assets ($B): 0.013866762 · Participants: 230Retirement Savings Plan and Trust of Rao Manufacturing CompanyWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.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

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 Biscuitville 401(k) Plan in NC ($14M); by covered participants it is Versa Press Inc Employees Retirement Plan and Trust in IL (230 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (230 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 Retirement Savings Plan and Trust of Rao Manufacturing Company assets move in 2024?
Retirement Savings Plan and Trust of Rao Manufacturing Company grew sharply - up 22.5% during 2024, from $11M to $14M. Reported net income was $3M.
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 Biscuitville 401(k) Plan in NC ($14M, 1,909 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 Versa Press Inc Employees Retirement Plan and Trust in IL (230 participants, $39M in assets).