401(k) · DOL Form 5500 · 2023

Rapid-Line, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
96
Participants Small participant base
64th
Percentile by assets National rank
$132,218
Avg per participant Near avg balance/head
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Official DOL plan name: Rapid-Line, Inc. Employee Stock Ownership and Savings Plan · Sponsored by Rapid-Line, Inc. · Michigan · Manufacturing

$13M in assets, 96 participants

Rapid-Line, Inc.'s Rapid-Line, Inc. Employee Stock Ownership and Savings Plan reported $13M in total assets and 96 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #9,603 in Manufacturing (18,722 peers)

What the 2023 filing shows

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan holds $13M for 96 participants - about $132,218 per participant, above the median plan by assets.

#9,603
in Manufacturing (18,722 peers)
+6.6%
assets growth YoY

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan's mid-pack asset rank among Manufacturing and all filers

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan vs every filed plan by assets

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

$12,692,952 Top 36% higher than 64% 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-Line, Inc. Employee Stock Ownership and Savings Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Rapid-Line, Inc. Employee Stock Ownership and Savings Plan is a small filing (96 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rapid-Line, Inc. Employee Stock Ownership and Savings Plan reported net income fell from $1M in the plan year 2022 filing to $997K in the plan year 2023 filing.
  • Rapid-Line, Inc. Employee Stock Ownership and Savings Plan reported participants rose from 86 in the plan year 2022 filing to 96 in the plan year 2023 filing.
  • Rapid-Line, Inc. Employee Stock Ownership and Savings Plan end-of-year assets rose from $12M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382853756 · Rapid-Line, Inc. PY 2023 · 401(k)

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan · $13M · 96 · 64th

  • IND $13M
  • EOY 96
  • 5500 64th
  • ASSETS 401(k)
  • PCT near Fsc Realty Management LLC 401(k) Plan
  • EIN ind #9603

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 Michigan →

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan in the asset neighbourhood

Rapid-Line, Inc. Employee Stock Ownership and Savings PlanRapid-Line, Inc. Employee St…$13MFsc Realty Management LLC 401(k) PlanFsc Realty Management LLC 40…$13MMcgavin, Boyce, Bardot, Thorsen & Katz, P.C.Mcgavin, Boyce, Bardot, Thor…$13MSrc 401(k) Plan$13MThe Superior Group 401(k) and Profit Sharing PlanThe Superior Group 401(k) an…$13M
End-of-year total assets ($M) among Rapid-Line, Inc. Employee Stock Ownership and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$8M
Net Income$997K
Employer EIN382853756
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rapid-Line, Inc.)

Sponsor-wide plan assets over time

All Rapid-Line, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 5.232684881386243% vs 2022
2024 filing year
$11M$11.5M$12M$12.5M$13M 202220232024 $11.9M $11.3M ▼ -5.2%
Year Plans Participants Total Assets
2022 1 86 $12M
2023 1 96 $13M
2024 1 85 $11M

Nearby 401(k) Plans in Michigan

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

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Rapid-Line, Inc. Employee Stock Ownership and Savings Plan, Total assets ($B): 0.012692952 · Participants: 96Rapid-Line, Inc. Employee Stock Ownership and Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Rapid-Line, Inc. Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Rapid-Line, Inc. Employee Stock Ownership and Savings Plan side-by-side with 3 peers →

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Fsc Realty Management LLC 401(k) Plan in NY ($13M); by covered participants it is Knowledge Link Inc. 401(k) Plan in VA (96 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (96 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-Line, Inc. Employee Stock Ownership and Savings Plan assets move in 2023? ▼
Rapid-Line, Inc. Employee Stock Ownership and Savings Plan grew at a solid clip - up 6.6% during 2023, from $12M to $13M. Reported net income was $997K.
How have Rapid-Line, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rapid-Line, Inc.'s sponsor-wide assets declined 5.2%, from $12M to $11M.
Which 401(k) plans are similar in size to Rapid-Line, Inc. Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fsc Realty Management LLC 401(k) Plan in NY ($13M, 609 participants).
Which 401(k) plans cover a similar participant headcount to Rapid-Line, Inc. Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Knowledge Link Inc. 401(k) Plan in VA (96 participants, $11M 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 382853756.

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.