1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN

At the end of 2022, the total retirement plan assets of 1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN is $22,595,853.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in 1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN is 1874

In 2022, the average participant retirement account value for 1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN is $12,057

In 2022, the estimated average employee contribution amount per participant for 1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN is $1,875

In 2022, the estimated average employer match for an employee in 1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN is approximately $747

In 2022, 1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN allocates $1,400,147 to match its employees’ contributions, providing an employer match rate of 39.76% of their contributions

In 2022, the total retirement plan asset growth rate of 1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN is -2.93%

In 2022, the estimated aggregate retirement account investment gain/loss for 1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN is -15.49%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of 1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN is 1.35%.

Enrollment Features

1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.