401(k) · DOL Form 5500 · 2024

Rapid-Line, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
85
Participants Small participant base
58th
Percentile by assets National rank
$132,718
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

$11M in assets, 85 participants

Rapid-Line, Inc.'s Rapid-Line, Inc. Employee Stock Ownership and Savings Plan reported $11M in total assets and 85 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #7,967 in Manufacturing (17,777 peers)

2024 asset change

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan pulled back noticeably 11.1% in 2024 ($13M → $11M) for 85 participants.

#7,967
in Manufacturing (17,777 peers)
-11.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$11,280,996 Top 42% higher than 58% of 123,620 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 2024

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan among smaller filed plans by headcount

Plan-year 2024 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 (85 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Rapid-Line, Inc. Employee Stock Ownership and Savings Plan reported net income fell from $997K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Rapid-Line, Inc. Employee Stock Ownership and Savings Plan reported participants fell from 96 in the plan year 2023 filing to 85 in the plan year 2024 filing.
  • Rapid-Line, Inc. Employee Stock Ownership and Savings Plan end-of-year assets fell from $13M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 382853756 · Rapid-Line, Inc. PY 2024 · 401(k)

Rapid-Line, Inc. Employee Stock Ownership and Savings Plan · $11M · 85 · 58th

  • VS-ST $11M
  • VS-ST 85
  • VS-ST 58th
  • VS-ST 401(k)
  • VS-ST near Irish 401(k) Retirement Plan
  • VS-ST ind #7967

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…$11MIrish 401(k) Retirement Plan$11MOpengate Inc. 401(k) Retirement PlanOpengate Inc. 401(k) Retirem…$11MMary T. Inc. 401(k) Savings PlanMary T. Inc. 401(k) Savings …$11MAlbert Uster Imports, Inc. 401(k) PlanAlbert Uster Imports, Inc. 4…$11M
End-of-year total assets ($M) among Rapid-Line, Inc. Employee Stock Ownership and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Rapid-Line, Inc. years around the 2024 move

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

2024 asset-move particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN382853756
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

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 -100102030 Total assets ($B) Participants Rapid-Line, Inc. Employee Stock Ownership and Savings Plan, Total assets ($B): 0.011280996 · Participants: 85Rapid-Line, Inc. Employee Stock Ownership and Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford 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 Irish 401(k) Retirement Plan in CA ($11M); by covered participants it is Heart of America Beverage Company, LLC 401(k) Plan in MO (85 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (85 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Rapid-Line, Inc. Employee Stock Ownership and Savings Plan pulled back noticeably - down 11.1% during 2024, from $13M to $11M. Reported net income was -$1M.
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 Irish 401(k) Retirement Plan in CA ($11M, 155 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 Heart of America Beverage Company, LLC 401(k) Plan in MO (85 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.