Onesource Retirement Savings Plan — Form 5500 plan (Onesource Leasing Solutions, Inc.)

Plain-English plan 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, Onesource Retirement Savings Plan is a benefit plan reported by Onesource Leasing Solutions, Inc. under EIN 23-3026303 and plan number 001. The latest loaded filing year is 2023. The filing reports 621 participants and $15,799,977 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.8MPlan net assets, end of year$15,786,425
Participants621Covered participants reported
Assets / participant$25.4KComputed: assets ÷ participants$25,443 (computed)
Provider compensation$127K4 Schedule C provider row(s)$127,043
Plan sponsor
Onesource Leasing Solutions, Inc.
EIN
23-3026303
Plan number
001
Plan type
3
Location
Wilkes Barre, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023621H, C20241015203215NAL0015377843001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$15.8M total assets
Net assets$15.8MLiabilities$13.6K
Money in vs. money out
Total income / additions$4.5M
Total expenses$1.8M
Benefits paid / distributions$1.7M
Contributions
Employer$703.6K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$15,799,977
Total liabilities (EOY)
$13,552
Net assets (EOY)
$15,786,425
Net assets (BOY)
$13,066,293

Income & contributions

Employer contributions
$703,630
Participant contributions
$1,289,992
Total contributions
$2,604,451
Total income / additions
$4,519,778

Expenses & distributions

Benefits paid
$1,679,495
Administrative expenses
$120,151
Total expenses
$1,799,646
Net increase / (decrease)
$2,720,132
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 35%Participant 65%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$70,988not reported in the loaded dataset2023
Merrill LynchINVESTMENT ADVISOR$28,920not reported in the loaded dataset2023
N.A. Falcone & Associates Inc.CONTRACT ADMIN$3,444$11,6572023
Empower Advisory GroupINVESTMENT MANAGEMENT$12,034not reported in the loaded dataset2023

Related Form 5500 pages