2023 Form 5500 filing — First Source Employee Management Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014145219NAL0015143107001) for First Source Employee Management Retirement Plan, reported by First Source Employee Management under EIN 27-2037178 and plan number 001. It reports 7,598 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014145219NAL0015143107001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- First Source Employee Management
- EIN
- 27-2037178
- Plan number
- 001
- Location
- North Olmsted, OH
- Participants
- 7,598
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $64,433,622
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $64,433,622
- Employer contributions
- $1,258,382
- Participant contributions
- $5,922,232
- Total income / additions
- $15,554,885
- Benefits paid
- $6,085,879
- Administrative expenses
- $97,636
- Total expenses
- $6,266,749
- Net increase / (decrease)
- $9,288,136
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $71,509 | $0 |
| Raymond James Financial | OTHER | $32,500 | not reported in the loaded dataset |