2023 Form 5500 filing — 1 Source Consulting, Inc. 401 K Profit Sharing 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 20241014204059NAL0013831139001) for 1 Source Consulting, Inc. 401 K Profit Sharing Plan, reported by 1 Source Consulting, Inc. under EIN 52-2160405 and plan number 001. It reports 140 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014204059NAL0013831139001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- 1 Source Consulting, Inc.
- EIN
- 52-2160405
- Plan number
- 001
- Location
- Largo, MD
- Participants
- 140
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,942,735
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,942,735
- Employer contributions
- $26,678
- Participant contributions
- $38,056
- Total income / additions
- $964,153
- Benefits paid
- $533,446
- Administrative expenses
- $65,217
- Total expenses
- $610,427
- Net increase / (decrease)
- $353,726
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Smith Elliott Kearns And Company, L | AUDITOR | $26,600 | not reported in the loaded dataset |
| Cbiz Benefits And Insurance Service | THIRD-PARTY ADMIN. | $17,723 | $3,349 |
| Voya Retirement Insurance And Annui | RECORDKEEPING | $20,894 | not reported in the loaded dataset |
| Cbiz Investment Advisory Services | SERVICE PROVIDER | $0 | $16,734 |
| Morningstar Investment Management | SERVICE PROVIDER | $0 | $229 |