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RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 401k Plan overview

Plan NameRAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN
Plan identification number 001

RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Stock bonus
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

RAPID-LINE, INC. has sponsored the creation of one or more 401k plans.

Company Name:RAPID-LINE, INC.
Employer identification number (EIN):382853756
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01RICK VANDIS
0012023-01-01
0012023-01-01RICHARD VANDIS
0012022-01-01
0012022-01-01RICK VANDIS
0012021-01-01
0012021-01-01RICHARD VANDIS
0012020-01-01
0012019-01-01
0012019-01-01
0012018-01-01
0012018-01-01
0012017-01-01MIKE HELMS MIKE HELMS2018-10-14
0012017-01-01MICHAEL HELMS MICHAEL HELMS2018-10-15
0012017-01-01MICHAEL HELMS MICHAEL HELMS2018-10-15
0012017-01-01
0012017-01-01
0012016-01-01MIKE HELMS MIKE HELMS2017-10-13
0012016-01-01MIKE HELMS MIKE HELMS2018-05-31
0012015-01-01DAN DARLING
0012014-01-01DAN DARLING
0012013-01-01DAN DARLING
0012012-01-01DAN DARLING
0012011-01-01DAN DARLING
0012010-01-01DAN DARLING
0012009-01-01DAN DARLING

Financial Data on RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Measure Date Value
2023 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$849,489
Total unrealized appreciation/depreciation of assets2023-12-31$849,489
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$4,343,025
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$4,551,091
Expenses. Interest paid2023-12-31$101,944
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022023-12-31$101,944
Total income from all sources (including contributions)2023-12-31$2,390,406
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$1,393,277
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$1,268,011
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,072,973
Value of total assets at end of year2023-12-31$12,692,952
Value of total assets at beginning of year2023-12-31$11,903,889
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$23,322
Total interest from all sources2023-12-31$827
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$8,616
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$8,616
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$1,000,000
If this is an individual account plan, was there a blackout period2023-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$364,948
Participant contributions at end of year2023-12-31$19,634
Participant contributions at beginning of year2023-12-31$8,774
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2023-12-31$4,343,025
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2023-12-31$4,551,091
Other income not declared elsewhere2023-12-31$1,299
Administrative expenses (other) incurred2023-12-31$65
Total non interest bearing cash at end of year2023-12-31$5,943
Total non interest bearing cash at beginning of year2023-12-31$6,008
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$997,129
Value of net assets at end of year (total assets less liabilities)2023-12-31$8,349,927
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$7,352,798
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$570,416
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$483,021
Value of interest in pooled separate accounts at end of year2023-12-31$366,845
Value of interest in pooled separate accounts at beginning of year2023-12-31$270,811
Interest on participant loans2023-12-31$827
Value of interest in common/collective trusts at end of year2023-12-31$1,987,532
Value of interest in common/collective trusts at beginning of year2023-12-31$2,242,182
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$84,485
Net investment gain/loss from pooled separate accounts2023-12-31$61,303
Net investment gain or loss from common/collective trusts2023-12-31$311,414
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Assets. Invements in employer securities at end of year2023-12-31$9,742,582
Assets. Invements in employer securities at beginning of year2023-12-31$8,893,093
Contributions received in cash from employer2023-12-31$708,025
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$1,268,011
Contract administrator fees2023-12-31$23,257
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-12-31Yes
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31DOEREN MAYHEW
Accountancy firm EIN2023-12-31382492570
Unrealized appreciation/depreciation of other (non real estate) assets2023-01-01$849,489
Total unrealized appreciation/depreciation of assets2023-01-01$849,489
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$4,343,025
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$4,551,091
Total income from all sources (including contributions)2023-01-01$2,390,406
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$1,393,277
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$1,268,011
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$1,072,973
Value of total assets at end of year2023-01-01$12,692,952
Value of total assets at beginning of year2023-01-01$11,903,889
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$23,322
Total interest from all sources2023-01-01$827
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$8,616
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2023-01-01$8,616
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$1,000,000
If this is an individual account plan, was there a blackout period2023-01-01Yes
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$364,948
Participant contributions at end of year2023-01-01$19,634
Participant contributions at beginning of year2023-01-01$8,774
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2023-01-01$4,343,025
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2023-01-01$4,551,091
Other income not declared elsewhere2023-01-01$1,299
Administrative expenses (other) incurred2023-01-01$65
Total non interest bearing cash at end of year2023-01-01$5,943
Total non interest bearing cash at beginning of year2023-01-01$6,008
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$997,129
Value of net assets at end of year (total assets less liabilities)2023-01-01$8,349,927
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$7,352,798
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$570,416
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$483,021
Value of interest in pooled separate accounts at end of year2023-01-01$366,845
Value of interest in pooled separate accounts at beginning of year2023-01-01$270,811
Interest on participant loans2023-01-01$827
Value of interest in common/collective trusts at end of year2023-01-01$1,987,532
Value of interest in common/collective trusts at beginning of year2023-01-01$2,242,182
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-01-01$84,485
Net investment gain/loss from pooled separate accounts2023-01-01$61,303
Net investment gain or loss from common/collective trusts2023-01-01$311,414
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Assets. Invements in employer securities at end of year2023-01-01$9,742,582
Assets. Invements in employer securities at beginning of year2023-01-01$8,893,093
Contributions received in cash from employer2023-01-01$708,025
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$1,268,011
Contract administrator fees2023-01-01$23,257
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-01-01Yes
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01DOEREN MAYHEW
Accountancy firm EIN2023-01-01382492570
2022 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$1,645,886
Total unrealized appreciation/depreciation of assets2022-12-31$1,645,886
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$4,551,091
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$4,754,758
Expenses. Interest paid2022-12-31$106,503
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022022-12-31$106,503
Total income from all sources (including contributions)2022-12-31$1,952,314
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$468,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$339,072
Expenses. Certain deemed distributions of participant loans2022-12-31$869
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$859,863
Value of total assets at end of year2022-12-31$11,903,889
Value of total assets at beginning of year2022-12-31$10,623,508
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$21,822
Total interest from all sources2022-12-31$873
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$6,967
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$6,967
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$325,917
Participant contributions at end of year2022-12-31$8,774
Participant contributions at beginning of year2022-12-31$16,968
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$4,551,091
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$4,754,598
Other income not declared elsewhere2022-12-31$158
Administrative expenses (other) incurred2022-12-31$40
Liabilities. Value of operating payables at beginning of year2022-12-31$160
Total non interest bearing cash at end of year2022-12-31$6,008
Total non interest bearing cash at beginning of year2022-12-31$6,048
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$1,484,048
Value of net assets at end of year (total assets less liabilities)2022-12-31$7,352,798
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$5,868,750
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$483,021
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$436,756
Value of interest in pooled separate accounts at end of year2022-12-31$270,811
Value of interest in pooled separate accounts at beginning of year2022-12-31$307,993
Interest on participant loans2022-12-31$873
Value of interest in common/collective trusts at end of year2022-12-31$2,242,182
Value of interest in common/collective trusts at beginning of year2022-12-31$2,608,536
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-99,119
Net investment gain/loss from pooled separate accounts2022-12-31$-49,903
Net investment gain or loss from common/collective trusts2022-12-31$-412,411
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$8,893,093
Assets. Invements in employer securities at beginning of year2022-12-31$7,247,207
Contributions received in cash from employer2022-12-31$533,946
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$339,072
Contract administrator fees2022-12-31$21,782
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BEENE GARTER, A DOEREN MAYHEW FIRM
Accountancy firm EIN2022-12-31382492570
Unrealized appreciation/depreciation of other (non real estate) assets2022-01-01$1,645,886
Total unrealized appreciation/depreciation of assets2022-01-01$1,645,886
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$4,551,091
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$4,754,758
Total income from all sources (including contributions)2022-01-01$1,952,314
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$468,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$339,072
Expenses. Certain deemed distributions of participant loans2022-01-01$869
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$859,863
Value of total assets at end of year2022-01-01$11,903,889
Value of total assets at beginning of year2022-01-01$10,623,508
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$21,822
Total interest from all sources2022-01-01$873
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$6,967
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$6,967
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$1,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$325,917
Participant contributions at end of year2022-01-01$8,774
Participant contributions at beginning of year2022-01-01$16,968
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-01-01$4,551,091
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-01-01$4,754,598
Other income not declared elsewhere2022-01-01$158
Administrative expenses (other) incurred2022-01-01$40
Liabilities. Value of operating payables at beginning of year2022-01-01$160
Total non interest bearing cash at end of year2022-01-01$6,008
Total non interest bearing cash at beginning of year2022-01-01$6,048
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$1,484,048
Value of net assets at end of year (total assets less liabilities)2022-01-01$7,352,798
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$5,868,750
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$483,021
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$436,756
Value of interest in pooled separate accounts at end of year2022-01-01$270,811
Value of interest in pooled separate accounts at beginning of year2022-01-01$307,993
Interest on participant loans2022-01-01$873
Value of interest in common/collective trusts at end of year2022-01-01$2,242,182
Value of interest in common/collective trusts at beginning of year2022-01-01$2,608,536
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-99,119
Net investment gain/loss from pooled separate accounts2022-01-01$-49,903
Net investment gain or loss from common/collective trusts2022-01-01$-412,411
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Assets. Invements in employer securities at end of year2022-01-01$8,893,093
Assets. Invements in employer securities at beginning of year2022-01-01$7,247,207
Contributions received in cash from employer2022-01-01$533,946
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$339,072
Contract administrator fees2022-01-01$21,782
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01BEENE GARTER, A DOEREN MAYHEW FIRM
Accountancy firm EIN2022-01-01382492570
2021 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$1,327,327
Total unrealized appreciation/depreciation of assets2021-12-31$1,327,327
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$4,754,758
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$4,955,444
Expenses. Interest paid2021-12-31$110,962
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022021-12-31$110,962
Total income from all sources (including contributions)2021-12-31$2,484,216
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$356,946
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$224,363
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$747,903
Value of total assets at end of year2021-12-31$10,623,508
Value of total assets at beginning of year2021-12-31$8,696,924
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$21,621
Total interest from all sources2021-12-31$1,756
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$5,914
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$5,914
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$240,097
Participant contributions at end of year2021-12-31$16,968
Participant contributions at beginning of year2021-12-31$27,760
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$18,325
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$4,754,598
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$4,953,647
Other income not declared elsewhere2021-12-31$5
Administrative expenses (other) incurred2021-12-31$358
Liabilities. Value of operating payables at end of year2021-12-31$160
Liabilities. Value of operating payables at beginning of year2021-12-31$160
Total non interest bearing cash at end of year2021-12-31$6,048
Total non interest bearing cash at beginning of year2021-12-31$8,044
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,127,270
Value of net assets at end of year (total assets less liabilities)2021-12-31$5,868,750
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$3,741,480
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$436,756
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$287,852
Value of interest in pooled separate accounts at end of year2021-12-31$307,993
Value of interest in pooled separate accounts at beginning of year2021-12-31$178,411
Interest on participant loans2021-12-31$1,756
Value of interest in common/collective trusts at end of year2021-12-31$2,608,536
Value of interest in common/collective trusts at beginning of year2021-12-31$2,274,977
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$51,826
Net investment gain/loss from pooled separate accounts2021-12-31$51,718
Net investment gain or loss from common/collective trusts2021-12-31$297,767
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$7,247,207
Assets. Invements in employer securities at beginning of year2021-12-31$5,919,880
Contributions received in cash from employer2021-12-31$489,481
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$224,363
Contract administrator fees2021-12-31$21,263
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$1,637
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BDO USA, LLP
Accountancy firm EIN2021-12-31135381590
2020 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$955,676
Total unrealized appreciation/depreciation of assets2020-12-31$955,676
Total transfer of assets to this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$4,955,444
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$5,149,972
Expenses. Interest paid2020-12-31$115,323
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022020-12-31$115,323
Total income from all sources (including contributions)2020-12-31$1,958,064
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,072,923
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$936,558
Expenses. Certain deemed distributions of participant loans2020-12-31$0
Value of total corrective distributions2020-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$624,632
Value of total assets at end of year2020-12-31$8,696,924
Value of total assets at beginning of year2020-12-31$8,006,311
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$21,042
Total income from rents2020-12-31$0
Total interest from all sources2020-12-31$1,547
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$2,273
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$2,273
Administrative expenses professional fees incurred2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$135,226
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Amount of non-exempt transactions with any party-in-interest2020-12-31$0
Contributions received from participants2020-12-31$159,481
Participant contributions at end of year2020-12-31$27,760
Participant contributions at beginning of year2020-12-31$30,839
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$-8,239
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$4,953,647
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$5,148,335
Other income not declared elsewhere2020-12-31$68
Administrative expenses (other) incurred2020-12-31$1,831
Liabilities. Value of operating payables at end of year2020-12-31$160
Liabilities. Value of operating payables at beginning of year2020-12-31$0
Total non interest bearing cash at end of year2020-12-31$8,044
Total non interest bearing cash at beginning of year2020-12-31$9,876
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Income. Non cash contributions2020-12-31$0
Value of net income/loss2020-12-31$885,141
Value of net assets at end of year (total assets less liabilities)2020-12-31$3,741,480
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,856,339
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2020-12-31$0
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2020-12-31$0
Investment advisory and management fees2020-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$287,852
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$221,177
Value of interest in pooled separate accounts at end of year2020-12-31$178,411
Value of interest in pooled separate accounts at beginning of year2020-12-31$139,594
Interest on participant loans2020-12-31$1,547
Income. Interest from loans (other than to participants)2020-12-31$0
Interest earned on other investments2020-12-31$0
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Value of interest in common/collective trusts at end of year2020-12-31$2,274,977
Value of interest in common/collective trusts at beginning of year2020-12-31$2,648,860
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$49,075
Net investment gain/loss from pooled separate accounts2020-12-31$23,669
Net investment gain or loss from common/collective trusts2020-12-31$301,124
Net gain/loss from 103.12 investment entities2020-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$5,919,880
Assets. Invements in employer securities at beginning of year2020-12-31$4,964,204
Contributions received in cash from employer2020-12-31$465,151
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$0
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$936,558
Contract administrator fees2020-12-31$19,211
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
Liabilities. Value of benefit claims payable at end of year2020-12-31$1,637
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$1,637
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$0
Aggregate carrying amount (costs) on sale of assets2020-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$0
Accountancy firm name2020-12-31BDO USA, LLP
Accountancy firm EIN2020-12-31135381590
2019 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets2019-12-31$0
Unrealized appreciation/depreciation of real estate assets2019-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$-4,220,901
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$-4,220,901
Total unrealized appreciation/depreciation of assets2019-12-31$-4,220,901
Total unrealized appreciation/depreciation of assets2019-12-31$-4,220,901
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$5,149,972
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$5,149,972
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$5,384,898
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$5,384,898
Expenses. Interest paid2019-12-31$119,588
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$119,588
Expenses. Interest paid2019-12-31$119,588
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$119,588
Total income from all sources (including contributions)2019-12-31$-2,845,591
Total income from all sources (including contributions)2019-12-31$-2,845,591
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,158,395
Total of all expenses incurred2019-12-31$1,158,395
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,010,371
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,010,371
Expenses. Certain deemed distributions of participant loans2019-12-31$0
Expenses. Certain deemed distributions of participant loans2019-12-31$0
Value of total corrective distributions2019-12-31$0
Value of total corrective distributions2019-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$797,197
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$797,197
Value of total assets at end of year2019-12-31$8,006,311
Value of total assets at end of year2019-12-31$8,006,311
Value of total assets at beginning of year2019-12-31$12,245,223
Value of total assets at beginning of year2019-12-31$12,245,223
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$28,436
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$28,436
Total income from rents2019-12-31$0
Total income from rents2019-12-31$0
Total interest from all sources2019-12-31$1,723
Total interest from all sources2019-12-31$1,723
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$2,896
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$2,896
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$2,896
Administrative expenses professional fees incurred2019-12-31$2,439
Administrative expenses professional fees incurred2019-12-31$2,439
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$3,000,000
Value of fidelity bond cover2019-12-31$3,000,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$135,226
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Amount of non-exempt transactions with any party-in-interest2019-12-31$0
Amount of non-exempt transactions with any party-in-interest2019-12-31$0
Contributions received from participants2019-12-31$261,580
Participant contributions at end of year2019-12-31$30,839
Participant contributions at end of year2019-12-31$30,839
Participant contributions at beginning of year2019-12-31$16,003
Participant contributions at beginning of year2019-12-31$16,003
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$-8,239
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$-8,239
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$5,148,335
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$5,383,261
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$5,383,261
Other income not declared elsewhere2019-12-31$36,298
Other income not declared elsewhere2019-12-31$36,298
Administrative expenses (other) incurred2019-12-31$1,761
Administrative expenses (other) incurred2019-12-31$1,761
Liabilities. Value of operating payables at beginning of year2019-12-31$0
Liabilities. Value of operating payables at beginning of year2019-12-31$0
Total non interest bearing cash at end of year2019-12-31$9,876
Total non interest bearing cash at end of year2019-12-31$9,876
Total non interest bearing cash at beginning of year2019-12-31$46,141
Total non interest bearing cash at beginning of year2019-12-31$46,141
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Income. Non cash contributions2019-12-31$0
Income. Non cash contributions2019-12-31$0
Value of net income/loss2019-12-31$-4,003,986
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,856,339
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,856,339
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$6,860,325
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$6,860,325
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2019-12-31$0
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2019-12-31$0
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2019-12-31$0
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2019-12-31$0
Investment advisory and management fees2019-12-31$2,439
Investment advisory and management fees2019-12-31$2,439
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$221,177
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$221,177
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$160,329
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$160,329
Value of interest in pooled separate accounts at end of year2019-12-31$139,594
Value of interest in pooled separate accounts at end of year2019-12-31$139,594
Value of interest in pooled separate accounts at beginning of year2019-12-31$100,717
Value of interest in pooled separate accounts at beginning of year2019-12-31$100,717
Interest on participant loans2019-12-31$1,723
Interest on participant loans2019-12-31$1,723
Income. Interest from loans (other than to participants)2019-12-31$0
Income. Interest from loans (other than to participants)2019-12-31$0
Interest earned on other investments2019-12-31$0
Interest earned on other investments2019-12-31$0
Income. Interest from US Government securities2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Value of interest in common/collective trusts at end of year2019-12-31$2,648,860
Value of interest in common/collective trusts at end of year2019-12-31$2,648,860
Value of interest in common/collective trusts at beginning of year2019-12-31$2,601,702
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$41,060
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$41,060
Net investment gain/loss from pooled separate accounts2019-12-31$28,914
Net investment gain/loss from pooled separate accounts2019-12-31$28,914
Net investment gain or loss from common/collective trusts2019-12-31$467,222
Net investment gain or loss from common/collective trusts2019-12-31$467,222
Net gain/loss from 103.12 investment entities2019-12-31$0
Net gain/loss from 103.12 investment entities2019-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$4,964,204
Assets. Invements in employer securities at end of year2019-12-31$4,964,204
Assets. Invements in employer securities at beginning of year2019-12-31$9,320,331
Assets. Invements in employer securities at beginning of year2019-12-31$9,320,331
Contributions received in cash from employer2019-12-31$535,617
Contributions received in cash from employer2019-12-31$535,617
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from common stock2019-12-31$0
Income. Dividends from common stock2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,010,371
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,010,371
Contract administrator fees2019-12-31$21,797
Contract administrator fees2019-12-31$21,797
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Liabilities. Value of benefit claims payable at end of year2019-12-31$1,637
Liabilities. Value of benefit claims payable at end of year2019-12-31$1,637
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$1,637
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$1,637
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$0
Aggregate proceeds on sale of assets2019-12-31$0
Aggregate carrying amount (costs) on sale of assets2019-12-31$0
Aggregate carrying amount (costs) on sale of assets2019-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31BDO
Accountancy firm name2019-12-31BDO
Accountancy firm EIN2019-12-31135381590
Accountancy firm EIN2019-12-31135381590
2018 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-754,246
Total unrealized appreciation/depreciation of assets2018-12-31$-754,246
Total transfer of assets to this plan2018-12-31$342,909
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$5,384,898
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$5,647,673
Expenses. Interest paid2018-12-31$123,760
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-12-31$123,760
Total income from all sources (including contributions)2018-12-31$-138,219
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$1,382,540
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,182,732
Expenses. Certain deemed distributions of participant loans2018-12-31$0
Value of total corrective distributions2018-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$887,927
Value of total assets at end of year2018-12-31$12,245,223
Value of total assets at beginning of year2018-12-31$13,685,848
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$76,048
Total income from rents2018-12-31$0
Total interest from all sources2018-12-31$426
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$3,462
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$3,462
Administrative expenses professional fees incurred2018-12-31$0
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$147,271
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Amount of non-exempt transactions with any party-in-interest2018-12-31$0
Contributions received from participants2018-12-31$277,916
Participant contributions at end of year2018-12-31$16,003
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$15,715
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$5,383,261
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$5,646,036
Other income not declared elsewhere2018-12-31$-29,357
Administrative expenses (other) incurred2018-12-31$44,503
Liabilities. Value of operating payables at beginning of year2018-12-31$0
Total non interest bearing cash at end of year2018-12-31$46,141
Total non interest bearing cash at beginning of year2018-12-31$2,243,644
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Income. Non cash contributions2018-12-31$0
Value of net income/loss2018-12-31$-1,520,759
Value of net assets at end of year (total assets less liabilities)2018-12-31$6,860,325
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$8,038,175
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2018-12-31$0
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2018-12-31$0
Investment advisory and management fees2018-12-31$9,722
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$160,329
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$15,633
Value of interest in pooled separate accounts at end of year2018-12-31$100,717
Value of interest in pooled separate accounts at beginning of year2018-12-31$0
Interest on participant loans2018-12-31$426
Income. Interest from loans (other than to participants)2018-12-31$0
Interest earned on other investments2018-12-31$0
Income. Interest from US Government securities2018-12-31$0
Income. Interest from corporate debt instruments2018-12-31$0
Value of interest in common/collective trusts at end of year2018-12-31$2,601,702
Value of interest in common/collective trusts at beginning of year2018-12-31$889,007
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-33,381
Net investment gain/loss from pooled separate accounts2018-12-31$-17,121
Net investment gain or loss from common/collective trusts2018-12-31$-195,929
Net gain/loss from 103.12 investment entities2018-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$9,320,331
Assets. Invements in employer securities at beginning of year2018-12-31$10,221,849
Contributions received in cash from employer2018-12-31$610,011
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$300,000
Income. Dividends from preferred stock2018-12-31$0
Income. Dividends from common stock2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,182,732
Contract administrator fees2018-12-31$21,823
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
Liabilities. Value of benefit claims payable at end of year2018-12-31$1,637
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$1,637
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$0
Aggregate carrying amount (costs) on sale of assets2018-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31BDO USA, LLP
Accountancy firm EIN2018-12-31135381590
2017 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets2017-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$929,259
Total unrealized appreciation/depreciation of assets2017-12-31$929,259
Total transfer of assets to this plan2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$5,647,673
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$5,708,814
Expenses. Interest paid2017-12-31$127,841
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-12-31$127,841
Total income from all sources (including contributions)2017-12-31$2,872,090
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$841,950
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$554,644
Value of total corrective distributions2017-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,822,926
Value of total assets at end of year2017-12-31$13,685,848
Value of total assets at beginning of year2017-12-31$11,716,849
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$159,465
Total income from rents2017-12-31$0
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$46,874
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$46,874
Administrative expenses professional fees incurred2017-12-31$23,150
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Amount of non-exempt transactions with any party-in-interest2017-12-31$0
Contributions received from participants2017-12-31$215,288
Participant contributions at end of year2017-12-31$15,715
Participant contributions at beginning of year2017-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$14
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$888,921
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$1,902
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$5,646,036
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$5,707,177
Other income not declared elsewhere2017-12-31$-111,974
Administrative expenses (other) incurred2017-12-31$124,528
Liabilities. Value of operating payables at beginning of year2017-12-31$0
Total non interest bearing cash at end of year2017-12-31$2,243,644
Total non interest bearing cash at beginning of year2017-12-31$115,442
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Income. Non cash contributions2017-12-31$0
Value of net income/loss2017-12-31$2,030,140
Value of net assets at end of year (total assets less liabilities)2017-12-31$8,038,175
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$6,008,035
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2017-12-31$0
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2017-12-31$0
Investment advisory and management fees2017-12-31$1,478
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$15,633
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$1,910,364
Value of interest in pooled separate accounts at end of year2017-12-31$0
Value of interest in pooled separate accounts at beginning of year2017-12-31$0
Income. Interest from loans (other than to participants)2017-12-31$0
Interest earned on other investments2017-12-31$0
Income. Interest from US Government securities2017-12-31$0
Income. Interest from corporate debt instruments2017-12-31$0
Value of interest in common/collective trusts at end of year2017-12-31$889,007
Value of interest in common/collective trusts at beginning of year2017-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$184,919
Net investment gain/loss from pooled separate accounts2017-12-31$0
Net investment gain or loss from common/collective trusts2017-12-31$86
Net gain/loss from 103.12 investment entities2017-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$10,221,849
Assets. Invements in employer securities at beginning of year2017-12-31$9,575,369
Contributions received in cash from employer2017-12-31$718,717
Employer contributions (assets) at end of year2017-12-31$300,000
Employer contributions (assets) at beginning of year2017-12-31$113,758
Income. Dividends from preferred stock2017-12-31$0
Income. Dividends from common stock2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$554,644
Contract administrator fees2017-12-31$10,309
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
Liabilities. Value of benefit claims payable at end of year2017-12-31$1,637
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$1,637
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$0
Aggregate carrying amount (costs) on sale of assets2017-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31CROWE LLP
Accountancy firm EIN2017-12-31035092168
2016 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$-3,932,767
Total unrealized appreciation/depreciation of assets2016-12-31$-3,932,767
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$5,708,814
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$1,902
Expenses. Interest paid2016-12-31$67,188
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$67,188
Total income from all sources (including contributions)2016-12-31$-2,748,743
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,558,333
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,466,390
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$914,702
Value of total assets at end of year2016-12-31$11,716,849
Value of total assets at beginning of year2016-12-31$10,317,013
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$24,755
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$242,224
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$93,688
Administrative expenses professional fees incurred2016-12-31$14,830
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$250,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$157,149
Participant contributions at beginning of year2016-12-31$465
Assets. Other investments not covered elsewhere at end of year2016-12-31$14
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$1,780
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$4,060
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$1,902
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$5,707,177
Administrative expenses (other) incurred2016-12-31$8,997
Total non interest bearing cash at end of year2016-12-31$115,442
Total non interest bearing cash at beginning of year2016-12-31$870,043
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-4,307,076
Value of net assets at end of year (total assets less liabilities)2016-12-31$6,008,035
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$10,315,111
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$928
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$1,910,364
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$1,771,035
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$27,098
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$9,575,369
Assets. Invements in employer securities at beginning of year2016-12-31$7,558,136
Contributions received in cash from employer2016-12-31$753,493
Employer contributions (assets) at end of year2016-12-31$113,758
Employer contributions (assets) at beginning of year2016-12-31$115,554
Income. Dividends from common stock2016-12-31$148,536
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,466,390
Liabilities. Value of benefit claims payable at end of year2016-12-31$1,637
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$1,902
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31CROWE HORWATH LLP
Accountancy firm EIN2016-12-31350921680
2015 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$1,902
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$1,556
Total income from all sources (including contributions)2015-12-31$6,320,589
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$273,299
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$262,088
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$296,589
Value of total assets at end of year2015-12-31$10,317,013
Value of total assets at beginning of year2015-12-31$4,269,377
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$11,211
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$733,456
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$6,000
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$250,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$181,035
Participant contributions at end of year2015-12-31$465
Assets. Other investments not covered elsewhere at end of year2015-12-31$1,780
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$55,462
Other income not declared elsewhere2015-12-31$5,327,365
Administrative expenses (other) incurred2015-12-31$261
Total non interest bearing cash at end of year2015-12-31$870,043
Total non interest bearing cash at beginning of year2015-12-31$316,941
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$6,047,290
Value of net assets at end of year (total assets less liabilities)2015-12-31$10,315,111
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$4,267,821
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$1,771,035
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$1,567,800
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-36,821
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$7,558,136
Assets. Invements in employer securities at beginning of year2015-12-31$2,230,771
Contributions received in cash from employer2015-12-31$115,554
Employer contributions (assets) at end of year2015-12-31$115,554
Employer contributions (assets) at beginning of year2015-12-31$98,403
Income. Dividends from common stock2015-12-31$733,456
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$262,088
Contract administrator fees2015-12-31$4,950
Liabilities. Value of benefit claims payable at end of year2015-12-31$1,902
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$1,556
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31MILES V. SCHMIDT, CPA, PLC
Accountancy firm EIN2015-12-31383581667
2014 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$1,556
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,256,180
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$115,298
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$102,996
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$314,896
Value of total assets at end of year2014-12-31$4,269,377
Value of total assets at beginning of year2014-12-31$3,126,939
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$12,302
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$80,594
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$7,423
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$250,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$170,606
Participant contributions at beginning of year2014-12-31$63,996
Assets. Other investments not covered elsewhere at end of year2014-12-31$55,462
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$68,519
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$45,887
Other income not declared elsewhere2014-12-31$764,402
Administrative expenses (other) incurred2014-12-31$25
Total non interest bearing cash at end of year2014-12-31$316,941
Total non interest bearing cash at beginning of year2014-12-31$357,884
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$1,140,882
Value of net assets at end of year (total assets less liabilities)2014-12-31$4,267,821
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$3,126,939
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$1,567,800
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$1,084,246
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$96,288
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$2,230,771
Assets. Invements in employer securities at beginning of year2014-12-31$1,454,300
Contributions received in cash from employer2014-12-31$98,403
Employer contributions (assets) at end of year2014-12-31$98,403
Employer contributions (assets) at beginning of year2014-12-31$97,994
Income. Dividends from common stock2014-12-31$80,594
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$102,996
Contract administrator fees2014-12-31$4,854
Liabilities. Value of benefit claims payable at end of year2014-12-31$1,556
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31MILES V. SCHMIDT, CPA, PLC
Accountancy firm EIN2014-12-31383581667
2013 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2013 401k financial data
Total plan liabilities at beginning of year2013-12-31$872
Total income from all sources2013-12-31$1,017,923
Expenses. Total of all expenses incurred2013-12-31$110,299
Benefits paid (including direct rollovers)2013-12-31$97,755
Total plan assets at end of year2013-12-31$3,126,939
Total plan assets at beginning of year2013-12-31$2,220,187
Value of fidelity bond covering the plan2013-12-31$200,000
Total contributions received or receivable from participants2013-12-31$177,560
Other income received2013-12-31$742,369
Net income (gross income less expenses)2013-12-31$907,624
Net plan assets at end of year (total assets less liabilities)2013-12-31$3,126,939
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$2,219,315
Assets. Value of employer securities2013-12-31$1,910,178
Total contributions received or receivable from employer(s)2013-12-31$97,994
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$12,544
2012 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$872
Total plan liabilities at beginning of year2012-12-31$42,028
Total income from all sources2012-12-31$691,817
Expenses. Total of all expenses incurred2012-12-31$264,286
Benefits paid (including direct rollovers)2012-12-31$261,002
Total plan assets at end of year2012-12-31$2,220,187
Total plan assets at beginning of year2012-12-31$1,833,812
Value of fidelity bond covering the plan2012-12-31$200,000
Total contributions received or receivable from participants2012-12-31$129,644
Other income received2012-12-31$359,759
Net income (gross income less expenses)2012-12-31$427,531
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,219,315
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,791,784
Assets. Value of employer securities2012-12-31$1,348,593
Total contributions received or receivable from employer(s)2012-12-31$202,414
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$3,284
2011 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$42,028
Total plan liabilities at beginning of year2011-12-31$16,928
Total income from all sources2011-12-31$502,554
Expenses. Total of all expenses incurred2011-12-31$192,258
Benefits paid (including direct rollovers)2011-12-31$185,435
Total plan assets at end of year2011-12-31$1,833,812
Total plan assets at beginning of year2011-12-31$1,498,416
Value of fidelity bond covering the plan2011-12-31$200,000
Total contributions received or receivable from participants2011-12-31$109,386
Contributions received from other sources (not participants or employers)2011-12-31$105,550
Other income received2011-12-31$144,519
Net income (gross income less expenses)2011-12-31$310,296
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,791,784
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,481,488
Assets. Value of employer securities2011-12-31$1,135,642
Total contributions received or receivable from employer(s)2011-12-31$143,099
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$6,823
2010 : RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$16,928
Total plan liabilities at beginning of year2010-12-31$16,042
Total income from all sources2010-12-31$188,424
Expenses. Total of all expenses incurred2010-12-31$85,532
Benefits paid (including direct rollovers)2010-12-31$76,790
Total plan assets at end of year2010-12-31$1,498,416
Total plan assets at beginning of year2010-12-31$1,394,638
Value of fidelity bond covering the plan2010-12-31$200,000
Total contributions received or receivable from participants2010-12-31$46,642
Other income received2010-12-31$141,682
Net income (gross income less expenses)2010-12-31$102,892
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,481,488
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,378,596
Assets. Value of employer securities2010-12-31$609,391
Total contributions received or receivable from employer(s)2010-12-31$100
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$8,742

Form 5500 Responses for RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

2023: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedYes
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedYes
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: RAPID-LINE, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number530864
Policy instance 1
Insurance contract or identification number530864
Number of Individuals Covered145
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number530864
Policy instance 1
Insurance contract or identification number530864
Number of Individuals Covered169
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number530864
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number530864
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number530864
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number530864
Policy instance 1
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number332443-01
Policy instance 2
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number530864
Policy instance 1
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number332443-01
Policy instance 1
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number332443-01
Policy instance 1
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number332443-01
Policy instance 1
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number332443-01
Policy instance 1
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number332443
Policy instance 1

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