1 Source Business Solutions 401(K) Plan — Form 5500 plan (1 Source Business Solutions, LLC)
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, 1 Source Business Solutions 401(K) Plan is a benefit plan reported by 1 Source Business Solutions, LLC under EIN 27-3793520 and plan number 333. The latest loaded filing year is 2023. The filing reports 1,759 participants and $31,003,780 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- 1 Source Business Solutions, LLC
- EIN
- 27-3793520
- Plan number
- 333
- Plan type
- 3
- Location
- Midvale, UT
- Latest filing year
- 2023
- Participants
- 1,759
- End-of-year plan assets
- $31,003,780
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,759 | H, C | 20241007155109NAL0026609136001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,003,780
- Total liabilities (EOY)
- $104,449
- Net assets (EOY)
- $30,899,331
- Net assets (BOY)
- $22,529,440
Income & contributions
- Employer contributions
- $1,873,759
- Participant contributions
- $4,227,697
- Total contributions
- $6,193,776
- Total income / additions
- $9,984,298
Expenses & distributions
- Benefits paid
- $2,098,268
- Administrative expenses
- $348,027
- Total expenses
- $2,535,560
- Net increase / (decrease)
- $7,448,738
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Insuran | RECORDKEEPER | $210,577 | $0 | 2023 |
| Soltis Investment Advisors, LLC | INVESTMENT ADVISORY-PLAN | $146,638 | not reported in the loaded dataset | 2023 |
| Trident Insurance Group | CONSULTING | $121,533 | not reported in the loaded dataset | 2023 |
| Pinnacle Financial Servies, Inc. | RECORDKEEPER | $22,154 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for 1 Source Business Solutions, LLC
- 2023 Form 5500 filing
- Form 5500 filings in UT
- 401(k) and benefit plan filings in Midvale, UT
- Transamerica Financial Life Insuran — Schedule C compensation
- Soltis Investment Advisors, LLC — Schedule C compensation
- Trident Insurance Group — Schedule C compensation
- Pinnacle Financial Servies, Inc. — Schedule C compensation