Plan Snapshot
- Plan Sponsor: Rapid Industries, INC.
- Sponsor EIN: 320580219
- Sponsor Address: 36A PLAINS ROAD, ESSEX, CT, 06426
- Plan Type: 401(k)
- Total Participants: 4
- Total Assets: $788,829
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 4 | $788,829 | $1,564 | $1,900 |
| 2023 | 3 | $690,353 | $684 | $2,200 |
| 2022 | 3 | $1.0M | $0 | $1,475 |