401(k) · DOL Form 5500 · 2024

First Rate, Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
82
Participants Small participant base
78th
Percentile by assets National rank
$388,464
Avg per participant High balance/head
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Official DOL plan name: First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) · Sponsored by First Rate, Inc. · Texas · Professional & Technical Services

$32M in assets, 82 participants

First Rate, Inc.'s First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) reported $32M in total assets and 82 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #15,809 in Professional & Technical Services (20,173 peers)

Where First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) sits by assets

First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) sits in the top quartile of all filed plans by assets, $32M for 82 participants (~$388,464/participant), up 10.1% in 2024.

#15,809
in Professional & Technical Services (20,173 peers)
+10.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions)'s outsized position by total assets

First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$31,854,073 Top 22% higher than 78% 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

First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) is a small filing (82 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) reported participants rose from 71 in the plan year 2023 filing to 82 in the plan year 2024 filing.
  • First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) end-of-year assets rose from $29M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 752391523 · First Rate, Inc. PY 2024 · 401(k)

First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) · $32M · 82 · 78th

  • ASSETS $32M
  • ASSETS 82
  • ASSETS 78th
  • ASSETS 401(k)
  • ASSETS near Piping Rock 401(k) Plan
  • ASSETS ind #15809

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 Professional & Technical Services retirement plans → · Plans in Texas →

First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) in the asset neighbourhood

Sma, Inc. 401(k) Plan$32MPrrc Employee Savings Plan$32MFirst Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions)First Rate, Inc. Profit Shar…$32MPiping Rock 401(k) Plan$32MNavmar Applied Sciences Corporation 401(k) Profit Sharing PlanNavmar Applied Sciences Corp…$32M
End-of-year total assets ($M) among First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$32M
Net Income$3M
Employer EIN752391523
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Rate, Inc.)

Sponsor-wide plan assets over time

All First Rate, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 23.585588604793912% vs 2022
2024 filing year
$24M$26M$28M$30M$32M$34M 202220232024 $25.8M $31.9M ▲ +23.6%
Year Plans Participants Total Assets
2022 1 73 $26M
2023 1 71 $29M
2024 1 82 $32M

Nearby 401(k) Plans in Texas

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

First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions), Total assets ($B): 0.031854073 · Participants: 82First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions)AT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) vs. nearby 401(k) plans in Texas, assets vs. participants
Compare First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) side-by-side with 3 peers →

First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions)'s out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Piping Rock 401(k) Plan in NY ($32M); by covered participants it is Infopaginas 1081.01(D) Plan in PR (82 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (82 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 First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) assets move in 2024? ▼
First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) grew at a solid clip - up 10.1% during 2024, from $29M to $32M. Reported net income was $3M.
How have First Rate, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Rate, Inc.'s sponsor-wide assets grew 23.6%, from $26M to $32M.
Where does First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) rank by assets among Form 5500 filers? ▼
First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions) ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions)? ▼
Among 401(k) plans in other states, the closest by assets is Piping Rock 401(k) Plan in NY ($32M, 1,323 participants).
Which 401(k) plans cover a similar participant headcount to First Rate, Inc. Profit Sharing Plan (with 401(k) Safe Harbor Provisions)? ▼
Among 401(k) plans in other states, the closest by covered participants is Infopaginas 1081.01(D) Plan in PR (82 participants, $801K 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 752391523.

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.