401(k) · DOL Form 5500 · 2024

Rapid Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$789K
Total assets Small plan by assets
3
Participants Small participant base
21st
Percentile by assets National rank
$262,943
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Rapid Industries, Inc. 401(k) Profit Sharing Plan · Sponsored by Rapid Industries, Inc. · Connecticut · Manufacturing

$789K in assets, 3 participants

Rapid Industries, Inc.'s Rapid Industries, Inc. 401(k) Profit Sharing Plan reported $789K in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 21st 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.

  • #1,519 in Manufacturing (17,777 peers)

Rapid Industries, Inc. multi-year trail

Rapid Industries, Inc.'s plans moved -21.5% in assets from 2022 to 2024; this filing shows Rapid Industries, Inc. 401(k) Profit Sharing Plan at $789K / 3 participants.

#1,519
in Manufacturing (17,777 peers)
+14.3%
assets growth YoY

Rapid Industries, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Rapid Industries, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$788,829 21st percentile higher than 21% 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 Industries, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Rapid Industries, Inc. 401(k) Profit Sharing Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Rapid Industries, Inc. 401(k) Profit Sharing Plan reported net income rose from -$314K in the plan year 2023 filing to $98K in the plan year 2024 filing.
  • Rapid Industries, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $690K in the plan year 2023 filing to $789K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 320580219 · Rapid Industries, Inc. PY 2024 · 401(k)

Rapid Industries, Inc. 401(k) Profit Sharing Plan · $789K · 3 · 21st

  • EBSA $789K
  • EBSA 3
  • EBSA 21st
  • EBSA 401(k)
  • EBSA near Kkck Corp. 401(k) Plan
  • EBSA ind #1519

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 Connecticut →

Rapid Industries, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Rapid Industries, Inc. 401(k) Profit Sharing PlanRapid Industries, Inc. 401(k…$789KKkck Corp. 401(k) Plan$789KLittle & Cicchetti, PC 401(k) PlanLittle & Cicchetti, PC 401(k…$789KGeorgia Fitness Centers, Inc. 401(k) PlanGeorgia Fitness Centers, Inc…$789KEh-Ved, Inc. 401(k) Profit Sharing PlanEh-Ved, Inc. 401(k) Profit S…$788K
End-of-year total assets ($M) among Rapid Industries, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Rapid Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Rapid Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$789K 21.466964672384528% vs 2022
2024 filing year
$0.6M$0.7M$0.8M$0.9M$1M$1.1M 202220232024 $1M $0.79M ▼ -21.0%
Year Plans Participants Total Assets
2022 1 3 $1M
2023 1 3 $690K
2024 1 3 $789K

Rapid Industries, Inc. filing trail (2024)

Total Assets (Beginning of Year)$690K
Net Assets (End of Year)$789K
Net Income$98K
Employer EIN320580219
Plan Effective Date2018-10-10
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Connecticut

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

Rapid Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Rapid Industries, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.000788829 · Participants: 3Rapid Industries, Inc. 401(k) Profit Sharing PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Rapid Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Rapid Industries, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Rapid Industries, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Kkck Corp. 401(k) Plan in MN ($789K); by covered participants it is Herman Smith & Co Ltd 401(k) Profit Sharing Plan & Trust in TX (3 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($789K here).

Similar participant headcount

Nearest other-state filings by covered participants (3 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 Industries, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Rapid Industries, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 14.3% during 2024, from $690K to $789K. Reported net income was $98K.
How have Rapid Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rapid Industries, Inc.'s sponsor-wide assets declined 21.5%, from $1M to $789K.
Where does Rapid Industries, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Rapid Industries, Inc. 401(k) Profit Sharing Plan ranks in the 21st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Rapid Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kkck Corp. 401(k) Plan in MN ($789K, 2 participants).
Which 401(k) plans cover a similar participant headcount to Rapid Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Herman Smith & Co Ltd 401(k) Profit Sharing Plan & Trust in TX (3 participants, N/A 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 320580219.

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.