Back to filter
Original filing (PDF)20251015171027NAL0010787362001
1 SOURCE BUSINESS SOLUTIONS, LLC
Form 5500
FILING_RECEIVED
1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN
401(k) retirement plan
Signals · 1
~123 bps in Sched C fees
Active participants
2,509
Accounts w/ balance
1,077
Plan assets (EOY)
$41.5M
Net assets (EOY)
$41.5M
How this plan invests
This plan
25 pooled trusts
Schedule D
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
65
Knocking points off
- 123 bps in Schedule C fees — 324% above peer band of 29 bps.
- Only 43% as many balances as active participants — suggests many active employees aren't deferring.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for 1 SOURCE BUSINESS SOLUTIONS, LLC.
Plan sponsor
Name
1 SOURCE BUSINESS SOLUTIONS, LLC
EIN
27-3793520
Address
6966 S COMMERCE PARK DRIVE · MIDVALE, UT · 84047
Phone
(801) 352-2333
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
333
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
TEMPLETON & COMPANY
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INSURAN | 36-6071399 | — | RECORDKEEPER | $291K | — |
| PINNACLE FINANCIAL SERVIES, INC. | 59-2438373 | — | RECORDKEEPER | $30K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SOLTIS INVESTMENT ADVISORS, LLC | 27-3188744 | — | INVESTMENT ADVISORY-PLAN | $17K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TRIDENT INSURANCE GROUP | 27-3793520 | — | CONSULTING | $172K | — |
Investments
4 direct securities · 25 pooled funds· $45.5M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Pooled Separate Account
$38.4M
25 holdings
Uncategorized
$7.1M
4 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| STATE STEET PRTN SERIES WITH TA AGG TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 502 | Pooled Separate Account | — | — | $9.3M | 22.3% | |
| Transamerica StateStreet Conservative Retirement Account | — | — | — | $4.4M | 10.6% | |
| STATE STEET PRTN SERIES WITH TA CON TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 501 | Pooled Separate Account | — | — | $4.4M | 10.5% | |
| TA VANGUARD TOTAL STCK MRKT INDEX R TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 166 | Pooled Separate Account | — | — | $3.2M | 7.7% | |
| TRANSAMERICA LIFEGOAL 2045 WITH BLK TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 839 | Pooled Separate Account | — | — | $2.9M | 7.1% | |
| TRANSAMERICA LIFEGOAL 2040 WITH BLK TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 838 | Pooled Separate Account | — | — | $2.9M | 6.9% | |
| TRANSAMERICA LIFEGOAL 2035 WITH BLK TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 837 | Pooled Separate Account | — | — | $2.1M | 5.0% | |
| Transamerica Financial Life * Stable Value Core Account | — | — | — | $1.9M | 4.6% | |
| TRANSAMERICA LIFEGOAL 2050 WITH BLK TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 840 | Pooled Separate Account | — | — | $1.6M | 3.8% | |
| TRANSAMERICA LIFEGOAL 2030 WITH BLA TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 836 | Pooled Separate Account | — | — | $1.5M | 3.5% | |
| TRANSAMERICA LIFEGOAL 2060 WITH BLK TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 842 | Pooled Separate Account | — | — | $1.4M | 3.4% | |
| TRANSAMERICA LIFEGOAL RET WITH BLAC TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 833 | Pooled Separate Account | — | — | $1.3M | 3.0% | |
| TRANSAMERICA LIFEGOAL 2025 WITH BLA TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 835 | Pooled Separate Account | — | — | $1.2M | 3.0% | |
| TRANSAMERICA LIFEGOAL 2055 WITH BLK TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 841 | Pooled Separate Account | — | — | $1.2M | 2.9% | |
| AMERICAN FUNDS GR FD OF AMERICA RET TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 975 | Pooled Separate Account | — | — | $996K | 2.4% | |
| STATE STREET S&P MD CAP INDX RET AC TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 438 | Pooled Separate Account | — | — | $995K | 2.4% | |
| Notes receivable from participants - 10.50%, various maturities. | — | — | — | $759K | 1.8% | |
| AMERICAN FUNDS AMERICAN MUTUAL RET TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 751 | Pooled Separate Account | — | — | $705K | 1.7% | |
| STATE STREET INTERNATNL INDEX RET A TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 004 | Pooled Separate Account | — | — | $591K | 1.4% | |
| JANUS HENDERSON TRITON RET ACCT TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 830 | Pooled Separate Account | — | — | $511K | 1.2% | |
| STATE STREET U.S. BD INDEX RET ACCT TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 416 | Pooled Separate Account | — | — | $466K | 1.1% | |
| STATE STREET RUSSELL SM CAP VAL IND TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 355 | Pooled Separate Account | — | — | $418K | 1.0% | |
| TA VANGUARD REIT INDEX RET ACCT TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 130 | Pooled Separate Account | — | — | $296K | 0.7% | |
| AMERICAN FUNDS NEW WORLD RET ACCT TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 625 | Pooled Separate Account | — | — | $215K | 0.5% | |
| BNY MELLON GLOBAL FIXED INCOME RET TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 761 | Pooled Separate Account | — | — | $162K | 0.4% | |
| TRANSAMERICA LIFEGOAL 2065 WITH BLA TRANSAMERICA FINANCIAL LIFE INS CO · EIN 83-1098532 / PN 403 | Pooled Separate Account | — | — | $138K | 0.3% | |
| STATE STEET PRTN SERIES WITH TA CON TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 503 | Pooled Separate Account | — | — | $21K | <0.1% | |
| Transamerica StateStreet Moderate Growth Retirement Account | — | — | — | $4K | <0.1% | |
| STATE STEET PRTN SERIES WITH TA MOD TRANSAMERICA FINANCIAL LIFE INS CO · EIN 36-6071399 / PN 504 | Pooled Separate Account | — | — | $4K | <0.1% |
Related plans
Other plans using TRANSAMERICA FINANCIAL LIFE INSURAN
PLAN PROFESSIONALS, LLC
AGC SELECT 401(K) PEP
$610.5M · 15,566 participants
PLAN PROFESSIONALS, LLC
ISOLVED 401-K PLAN
$465.7M · 47,479 participants
HELPSIDE INC.
HELPSIDE INC. 401(K) PLAN
$233.9M · 9,010 participants
EMPLOYER FLEXIBLE
EMPLOYER FLEXIBLE 401(K) PLAN
$215.4M · 11,224 participants
AGC OF AMERICA, SD CHAPTER, INC. 401(K) PROFIT SHARING PLAN
AGC OF AMERICA, SD CHAPTER, INC. 401(K) PROFIT SHARING PLAN
$170.7M · 2,604 participants
MY HR PROS
MY HR PROS 401(K) PLAN
$79.6M · 4,608 participants
Similar-size Other Services (ex. Public Admin) plans
ADVANCED MEDICAL TECHNOLOGY ASSOCIATION
ADVANCED MEDICAL TECHNOLOGY ASSOCIATION SAVINGS PLAN
$41.5M · 86 participants
THE CARNEGIE FOUNDATION FOR THE ADVANCEMENT OF TEACHING
THE CARNEGIE FOUNDATION FOR THE ADVANCEMENT OF TEACHING DC PLAN
$41.5M · 57 participants
CHESTNUT HEALTH SYSTEMS, INC.
CHESTNUT HEALTH SYSTEMS, INC. 401(K) RETIREMENT PLAN
$41.6M · 808 participants
COTTON INCORPORATED
TAX DEFERRED INVESTMENT PROGRAM FOR EMPLOYEES OF COTTON INCORPORATED
$41.6M · 130 participants
ERIE FAMILY HEALTH CENTER
ERIE FAMILY HEALTH CENTER 401(K) PLAN
$41.6M · 808 participants
TROUT UNLIMITED, INC.
TROUT UNLIMITED SECTION 403(B) RETIREMENT PLAN
$41.4M · 337 participants
Large plans in Utah
DESERET MUTUAL BENEFIT ADMINISTRATORS
DESERET MUTUAL MASTER RETIREMENT PLAN
$7.1B · 9,784 participants
INTERMOUNTAIN HEALTH CARE, INC.
INTERMOUNTAIN HEALTH 401(K) PLAN
$6.8B · 69,032 participants
DESERET MUTUAL BENEFIT ADMINISTRATORS
DESERET 401(K) PLAN
$6.1B · 25,752 participants
INTERMOUNTAIN HEALTH CARE, INC.
INTERMOUNTAIN HEALTHCARE PENSION PLAN
$3.4B · 25,307 participants
ZIONS BANCORPORATION, NATIONAL ASSOCIATION
ZIONS BANCORPORATION, N.A. PAYSHELTER 401K AND EMPLOYEE STOCK OWNERSHIP PLAN
$1.9B · 10,518 participants
SKYWEST, INC.
SKYWEST, INC. EMPLOYEES' RETIREMENT PLAN
$1.4B · 15,517 participants