401(k) · DOL Form 5500 · 2023

Rapid Financial Services, LLC 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
152
Participants Small participant base
55th
Percentile by assets National rank
$55,272
Avg per participant Low balance/head
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Official DOL plan name: Rapid Financial Services, LLC 401(k) Retirement Plan · Sponsored by Rapid Financial Services, LLC · Maryland · Finance & Insurance

$8M in assets, 152 participants

Rapid Financial Services, LLC's Rapid Financial Services, LLC 401(k) Retirement Plan reported $8M in total assets and 152 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #3,526 in Finance & Insurance (8,869 peers)

Coverage in Maryland

Rapid Financial Services, LLC 401(k) Retirement Plan covers 152 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $8M.

#3,526
in Finance & Insurance (8,869 peers)
+50.4%
assets growth YoY

Rapid Financial Services, LLC 401(k) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

Rapid Financial Services, LLC 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,401,410 Top 45% higher than 55% of 127,068 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 2023

Rapid Financial Services, LLC 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Rapid Financial Services, LLC 401(k) Retirement Plan sits mid-pack in the medium band (152 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rapid Financial Services, LLC 401(k) Retirement Plan reported net income rose from $93K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Rapid Financial Services, LLC 401(k) Retirement Plan end-of-year assets fell from $15M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Rapid Financial Services, LLC 401(k) Retirement Plan reported participants fell from 225 in the plan year 2022 filing to 152 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 271333844 · Rapid Financial Services, LLC PY 2023 · 401(k)

Rapid Financial Services, LLC 401(k) Retirement Plan · $8M · 152 · 55th

  • EBSA $8M
  • PART 152
  • TYPE 55th
  • NET 401(k)
  • BOOK near Lawrence Companies Employee Ret Plan
  • VS-ST ind #3526

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 Finance & Insurance retirement plans → · Plans in Maryland →

Rapid Financial Services, LLC 401(k) Retirement Plan in the asset neighbourhood

Rapid Financial Services, LLC 401(k) Retirement PlanRapid Financial Services, LL…$8MLawrence Companies Employee Ret PlanLawrence Companies Employee …$8MSharefax Credit Union 401(k) Savings Plan and TrustSharefax Credit Union 401(k)…$8MHiniker Company Profit Sharing Retirement Savings PlanHiniker Company Profit Shari…$8MW. B. Guimarin & Company, Inc. 401(k) PlanW. B. Guimarin & Company, In…$8M
End-of-year total assets ($M) among Rapid Financial Services, LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$3M
Employer EIN271333844
Plan Effective Date2007-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rapid Financial Services, LLC)

Sponsor-wide plan assets over time

All Rapid Financial Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$20M 35.058652988131136% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $14.8M $19.9M ▲ +35.1%
Year Plans Participants Total Assets
2022 1 225 $15M
2023 2 441 $25M
2024 1 178 $20M

Nearby 401(k) Plans in Maryland

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

Rapid Financial Services, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Rapid Financial Services, LLC 401(k) Retirement Plan, Total assets ($B): 0.00840141 · Participants: 152Rapid Financial Services, LLC 401(k) Retirement PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Rapid Financial Services, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Rapid Financial Services, LLC 401(k) Retirement Plan side-by-side with 3 peers →

Rapid Financial Services, LLC 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Lawrence Companies Employee Ret Plan in VA ($8M); by covered participants it is Unitex Union 401(k) Plan in NY (152 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (152 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Rapid Financial Services, LLC 401(k) Retirement Plan assets move in 2023? ▼
Rapid Financial Services, LLC 401(k) Retirement Plan surged - up 50.4% during 2023, from $6M to $8M. Reported net income was $3M.
How have Rapid Financial Services, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rapid Financial Services, LLC's sponsor-wide assets grew 35.1%, from $15M to $20M.
Which 401(k) plans are similar in size to Rapid Financial Services, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lawrence Companies Employee Ret Plan in VA ($8M, 298 participants).
Which 401(k) plans cover a similar participant headcount to Rapid Financial Services, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Unitex Union 401(k) Plan in NY (152 participants, N/A in assets).

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 271333844.

Read our methodology - how this data is sourced, computed, and verified.

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