Plan Ledger DOL Form 5500 · updated monthly

Rapid Building Solutions, LLC401(k)

RAPID BUILDING SOLUTIONS, LLC 401(K) PLAN · OCOEE, FL · plan year 2024

Employer contribution per participant · 2024
$315

Rapid Building Solutions, LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $123,560 across 135 participant accounts, with employer contributions averaging $315 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (3,601st of 3,644), and 5,310th of 5,337 in construction. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$123,560
Participants with balances135
Active participants149
Employer contributions$46,905
Employee contributions$78,838
Employer contribution per active participant$315
Average account balance$915
Plan auditUnmodified (clean) audit opinion
The Rapid Building Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$315
Median for plans this size$540

Rapid Building Solutions, LLC's 2024 employer contribution ran below the $540 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Service providers · 20241
VESTWELL · Contract administrator · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

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Source: U.S. Department of Labor, Form 5500 series, EIN 814250642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.