Hide a specific plugin

Yes, it’s possible.
If plugin uses own user capability, you can just revoke such capability from a user role.
But often plugins use WordPress built-in capabilities, like ‘edit_posts’ or ‘manage_options’, which you can not revoke as it is needed for other purpose or can not simply grant as it’s too critical. Different admin menu manipulation plugins may help in this case. Look at the ‘Admin menu editor’ or ‘User Role Editor Pro” admin menu access add-on.