Civic Intelligence

Rapid Metals LLC

Plan context: Rapid Metals LLC 401 K Profit Sharing Plan Trust

EIN 20-0957672 • West Bloomfield, MI • 11 filings • 2 plans

7031 Orchard Lake Road, 303West Bloomfield, MI 48322
Current Snapshot

Latest Year

2022

2022 Participants

8

2022 Assets

$319,781

2022 Contributions

$18,515

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$389,343$194,672$0201220172022YearValue
$319,781Latest year 2022

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

840201220172022YearValue
8Latest year 2022

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202218$319,781$18,515$2,314iApproximate average salary by contribution assumption: employee only about $57,859 at 4% or $38,573 at 6%; with 50% employer match about $38,573 at 4% or $25,715 at 6%; with 100% employer match about $28,930 at 4% or $19,286 at 6%.
Rapid Metals LLC 401 K Profit Sharing Plan Trust-8$319,781$18,515$2,314iApproximate average salary by contribution assumption: employee only about $57,859 at 4% or $38,573 at 6%; with 50% employer match about $38,573 at 4% or $25,715 at 6%; with 100% employer match about $28,930 at 4% or $19,286 at 6%.
202118$389,343$0-
Rapid Metals LLC 401 K Profit Sharing Plan Trust-8$389,343$0-
202018$332,421$0-
Rapid Metals LLC 401 K Profit Sharing Plan Trust-8$332,421$0-
201918$259,896$0-
Rapid Metals LLC 401 K Profit Sharing Plan Trust-8$259,896$0-
201818$206,331$563$70iApproximate average salary by contribution assumption: employee only about $1,759 at 4% or $1,173 at 6%; with 50% employer match about $1,173 at 4% or $782 at 6%; with 100% employer match about $880 at 4% or $586 at 6%.
Rapid Metals LLC 401 K Profit Sharing Plan Trust-8$206,331$563$70iApproximate average salary by contribution assumption: employee only about $1,759 at 4% or $1,173 at 6%; with 50% employer match about $1,173 at 4% or $782 at 6%; with 100% employer match about $880 at 4% or $586 at 6%.
201718$211,676$6,522$815iApproximate average salary by contribution assumption: employee only about $20,381 at 4% or $13,588 at 6%; with 50% employer match about $13,588 at 4% or $9,058 at 6%; with 100% employer match about $10,191 at 4% or $6,794 at 6%.
Rapid Metals LLC 401 K Profit Sharing Plan Trust-8$211,676$6,522$815iApproximate average salary by contribution assumption: employee only about $20,381 at 4% or $13,588 at 6%; with 50% employer match about $13,588 at 4% or $9,058 at 6%; with 100% employer match about $10,191 at 4% or $6,794 at 6%.
201614$201,943-$7,995-
Rapid Metals LLC 401 K Profit Sharing Plan Trust-4$201,943-$7,995-
201514$252,466-$25,103-
Rapid Metals LLC 401 K Profit Sharing Plan Trust-4$252,466-$25,103-
201414$222,675$64,039$16,010iApproximate average salary by contribution assumption: employee only about $400,244 at 4% or $266,829 at 6%; with 50% employer match about $266,829 at 4% or $177,886 at 6%; with 100% employer match about $200,122 at 4% or $133,415 at 6%.
Rapid Metals LLC 401 K Profit Sharing Plan Trust-4$222,675$64,039$16,010iApproximate average salary by contribution assumption: employee only about $400,244 at 4% or $266,829 at 6%; with 50% employer match about $266,829 at 4% or $177,886 at 6%; with 100% employer match about $200,122 at 4% or $133,415 at 6%.
201315$143,119$64,751$12,950iApproximate average salary by contribution assumption: employee only about $323,755 at 4% or $215,837 at 6%; with 50% employer match about $215,837 at 4% or $143,891 at 6%; with 100% employer match about $161,878 at 4% or $107,918 at 6%.
Rapid Metals LLC 401 K Profit Sharing Plan Trust-5$143,119$64,751$12,950iApproximate average salary by contribution assumption: employee only about $323,755 at 4% or $215,837 at 6%; with 50% employer match about $215,837 at 4% or $143,891 at 6%; with 100% employer match about $161,878 at 4% or $107,918 at 6%.
201214$59,285$58,603$14,651iApproximate average salary by contribution assumption: employee only about $366,269 at 4% or $244,179 at 6%; with 50% employer match about $244,179 at 4% or $162,786 at 6%; with 100% employer match about $183,134 at 4% or $122,090 at 6%.
Rapid Metals LLC 401 K Profit Sharing Plan Trust-4$59,285$58,603$14,651iApproximate average salary by contribution assumption: employee only about $366,269 at 4% or $244,179 at 6%; with 50% employer match about $244,179 at 4% or $162,786 at 6%; with 100% employer match about $183,134 at 4% or $122,090 at 6%.