401(k) · DOL Form 5500 · 2024

Rapid Financial Services, LLC 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
178
Participants Small participant base
70th
Percentile by assets National rank
$111,950
Avg per participant Below avg 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

$20M in assets, 178 participants

Rapid Financial Services, LLC's Rapid Financial Services, LLC 401(k) Retirement Plan reported $20M in total assets and 178 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,718 in Finance & Insurance (8,549 peers)

Coverage in Maryland

Rapid Financial Services, LLC 401(k) Retirement Plan covers 178 participants in Maryland, about 19% of the average Maryland filer (state average ~929 per filing). Assets: $20M.

#4,718
in Finance & Insurance (8,549 peers)
+19.8%
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 2024 · DOL Form 5500

$19,927,102 Top 30% higher than 70% 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 Financial Services, LLC 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 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 (178 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Rapid Financial Services, LLC 401(k) Retirement Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Rapid Financial Services, LLC 401(k) Retirement Plan reported participants fell from 289 in the plan year 2023 filing to 178 in the plan year 2024 filing.
  • Rapid Financial Services, LLC 401(k) Retirement Plan end-of-year assets rose from $17M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 271333844 · Rapid Financial Services, LLC PY 2024 · 401(k)

Rapid Financial Services, LLC 401(k) Retirement Plan · $20M · 178 · 70th

  • NET $20M
  • BOOK 178
  • VS-ST 70th
  • BOY 401(k)
  • SCH near 403(b) Thrift Plan for Children's Friend and Service
  • EBSA ind #4718

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…$20M403(b) Thrift Plan for Children's Friend and Service403(b) Thrift Plan for Child…$20MSavings Plan for Employees of Hartig Drug CompanySavings Plan for Employees o…$20MWoodbury Corporation 401(k) Profit Sharing PlanWoodbury Corporation 401(k) …$20MNationwide Marketing Group 401(k) PlanNationwide Marketing Group 4…$20M
End-of-year total assets ($M) among Rapid Financial Services, LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$20M
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): 0.019927102 · Participants: 178Rapid Financial Services, LLC 401(k) Retirement PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
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 403(b) Thrift Plan for Children's Friend and Service in RI ($20M); by covered participants it is Bauer's Intelligent Transportation, Inc. 401(k) Plan in CA (178 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (178 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 Financial Services, LLC 401(k) Retirement Plan assets move in 2024?
Rapid Financial Services, LLC 401(k) Retirement Plan grew sharply - up 19.8% during 2024, from $17M to $20M. 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 403(b) Thrift Plan for Children's Friend and Service in RI ($20M, 433 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 Bauer's Intelligent Transportation, Inc. 401(k) Plan in CA (178 participants, $2M in assets).