Rheem Manufacturing 401(k) match, vesting and fees

Plan year 2024 filingRheem Defined Contribution Plan · Plan 002 · EIN 20-3928590Updated Oct 2026

What Rheem Manufacturing's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $19.9M in employer contributions, about $4,530 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$106,859
Average account balance
4,507
Participants (end of year)
$469M
Plan assets (end of year)
0.17%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperThe Vanguard Group, Inc.Schedule C ↗
Independent auditorCarr Riggs & Ingram, LLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Rheem Manufacturing: employer contribution per participant$4,530
Peer median$2,413
Rheem Manufacturing: average balance$106,859
Peer median$86,456
Rheem Manufacturing: admin expenses ÷ assets0.17%
Peer median0.12%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $335M at the end of plan year 2021 to $469M at the end of plan year 2024.

$335M2021$308M2022$403M2023$469M2024
End-of-year figures from each plan year's Form 5500 filing for the Rheem Manufacturing plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20244,507$469M$19.9M$4,5300.17%Not publishedForm 5500 ↗
20234,139$403M$17.7M$4,3800.17%Not publishedForm 5500 ↗
20223,392$308M$14.8M$4,4500.16%Not publishedForm 5500 ↗
20213,114$335M$11.6M$3,8110.19%Not publishedForm 5500 ↗

Other Rheem Manufacturing plans (3)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Rheem Manufacturing Company 401(k) Plan

Plan 006 · EIN 20-3928590 · plan year 2024 filing
$33,813
Average account balance
1,689
Participants (end of year)
$54.7M
Plan assets (end of year)
0.24%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperThe Vanguard Group, Inc.Schedule C ↗
Independent auditorCarr,riggs & Ingram, LLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

Rheem Consolidated Pension Plan

Plan 001 · EIN 20-3928590 · plan year 2024 filing
$44,966
Average account balance
10
Participants (end of year)
$450K
Plan assets (end of year)
0.10%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperSei InvestmentsSchedule C ↗
Independent auditorCarr, Riggs & Ingram, LLC (unmodified opinion)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Rheem Manufacturing Company Hourly Pension Plan

Plan 003 · EIN 20-3928590 · plan year 2021 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
2.28%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperSei InvestmentsSchedule C ↗
Independent auditorCarr, Riggs & Ingram, LLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Common questions

Does Rheem Manufacturing match 401(k) contributions?

The match terms for the Rheem Defined Contribution Plan have not been published from its filing yet. The plan year 2024 filing reports $19.9M in employer contributions, about $4,530 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Rheem Manufacturing 401(k) match vested?

The vesting schedule for the Rheem Defined Contribution Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Rheem Manufacturing 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Rheem Manufacturing Company Ee Benefit Plan Administration Committ.

I left Rheem Manufacturing. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Rheem Manufacturing Company Ee Benefit Plan Administration Committ, (770) 351-3000) or the recordkeeper, The Vanguard Group, Inc.. The Rheem Manufacturing old 401(k) page lists the contacts from every plan filing. Find an old Rheem Manufacturing 401(k)

Data from the public Form 5500 annual reports Rheem Manufacturing filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Rheem Manufacturing. Not financial advice. Report a correction · Methodology