401(k) · DOL Form 5500 · 2023

Rapid Financial Services, LLC 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
289
Participants Below avg headcount
69th
Percentile by assets National rank
$57,577
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

$17M in assets, 289 participants

Rapid Financial Services, LLC's Rapid Financial Services, LLC 401(k) Retirement Plan reported $17M in total assets and 289 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,863 in Finance & Insurance (8,869 peers)

Coverage in Maryland

Rapid Financial Services, LLC 401(k) Retirement Plan covers 289 participants in Maryland, about 31% of the average Maryland filer (state average ~929 per filing). Assets: $17M.

#4,863
in Finance & Insurance (8,869 peers)
+12.8%
assets growth YoY

Rapid Financial Services, LLC 401(k) Retirement Plan's outsized position by total assets

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

$16,639,619 Top 31% higher than 69% 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 (289 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 $2M in the plan year 2023 filing.
  • Rapid Financial Services, LLC 401(k) Retirement Plan reported participants rose from 225 in the plan year 2022 filing to 289 in the plan year 2023 filing.
  • Rapid Financial Services, LLC 401(k) Retirement Plan end-of-year assets rose from $15M in the plan year 2022 filing to $17M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

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

Rapid Financial Services, LLC 401(k) Retirement Plan · $17M · 289 · 69th

  • BOOK $17M
  • BOOK 289
  • BOOK 69th
  • BOOK 401(k)
  • BOOK near Twitchell Technical Products, LLC Retirement Savings & Investment Plan
  • BOOK ind #4863

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…$17MTwitchell Technical Products, LLC Retirement Savings & Investment PlanTwitchell Technical Products…$17MUei Group 401(k) Plan$17MU.S. Silver-Idaho, Inc. 401(k) PlanU.S. Silver-Idaho, Inc. 401(…$17MEnvolve Employee Savings Plan$17M
End-of-year total assets ($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)$15M
Net Assets (End of Year)$17M
Net Income$2M
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): 0.016639619 · Participants: 289Rapid 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

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 Twitchell Technical Products, LLC Retirement Savings & Investment Plan in AL ($17M); by covered participants it is Frost Management Company 401(k) Profit Sharing Plan in FL (289 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (289 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 grew at a solid clip - up 12.8% during 2023, from $15M to $17M. Reported net income was $2M.
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 Twitchell Technical Products, LLC Retirement Savings & Investment Plan in AL ($17M, 271 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 Frost Management Company 401(k) Profit Sharing Plan in FL (289 participants, N/A in assets).