Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Rapid-Line, Inc. Employee Stock Ownership And Savings Plan is a benefit plan reported by Rapid-Line, Inc. under EIN 38-2853756 and plan number 001. The latest loaded filing year is 2023. The filing reports 183 participants and $12,692,952 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,692,952
- Total liabilities (EOY)
- $4,343,025
- Net assets (EOY)
- $8,349,927
- Net assets (BOY)
- $7,352,798
Income & contributions
- Employer contributions
- $708,025
- Participant contributions
- $364,948
- Total contributions
- $1,072,973
- Total income / additions
- $2,390,406
Expenses & distributions
- Benefits paid
- $1,268,011
- Administrative expenses
- $23,322
- Total expenses
- $1,393,277
- Net increase / (decrease)
- $997,129