How big is Source North America Corporation's plan?

Source North America Corporation's plan reported $23.1M in assets and 184 participants for 2024.

Original filing (PDF)20251006110710NAL0002009699001

Source North America Corporation

Name: Source North America Corporation — Source North, Form 5500 (2024)
Creator: Source North America Corporation
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Source North America Corporation 401(k) Plan

401(k) retirement plan · Source North America Corporation's Source North America Corporation 401(k) Plan held $23.1M in plan assets for 184 participants in 2024, with Fidelity as recordkeeper.

Signals · 1

High average account balance

Active participants

184

Accounts w/ balance

150

Plan assets (EOY)

$23.1M

Net assets (EOY)

$23.1M

People on this filing

Terrie Palazzo signed Source North America Corporation's 2024 Form 5500 as plan administrator.

Terrie Palazzo — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Source North America Corporation's EIN is 36-3987118.

EIN 36-3987118

Plan number 001

Plan year 2024

ACK ID 20251006110710NAL0002009699001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Source North America Corporation from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Source North America Corporation's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for SOURCE NORTH AMERICA CORPORATION.

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How this plan invests

This plan

41 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

100

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (16th percentile).

Helping the score

Below-peer total plan cost (86th percentile).
High average account balance (90th percentile).

Plan sponsor

Name

SOURCE NORTH AMERICA CORPORATION

EIN

all filings

Address

510 S WESTGATE ST · ADDISON, IL · 60101

Phone

(847) 364-9000

Industry

Wholesale Trade

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-06

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$3K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
STRATEGIC ADVISORS, INC.	04-2654524	—	ADVISOR	$6K	—

Investments

41 direct securities· $23.1M(100% of reported assets)

Mutual Funds

$20.7M

32 holdings

Common Collective Trusts

$1.2M

4 holdings

Other securities

$855K

4 holdings

Common Stocks

$276K

1 holding

					% of plan
Fidelity Management Trust Company Fidelity Contrafund	Mutual Funds	—	—	$2.8M	12.1%
Fidelity Management Trust Company Fidelity Freedom 2030 Fund	Mutual Funds	—	—	$2.2M	9.5%
Fidelity Management Trust Company Fidelity Freedom 2020 Fund	Mutual Funds	—	—	$1.9M	8.1%
Fidelity Management Trust Company Fidelity Fund	Mutual Funds	—	—	$1.8M	7.9%
Fidelity Management Trust Company Fidelity Freedom 2025 Fund	Mutual Funds	—	—	$1.8M	7.7%
Fidelity Management Trust Company Fidelity Freedom 2040 Fund	Mutual Funds	—	—	$1.5M	6.5%
Fidelity Management Trust Company Fidelity Freedom 2035 Fund	Mutual Funds	—	—	$1.2M	5.1%
Fidelity Management Trust Company Fidelity Select Utilities Portfolio Fund	Mutual Funds	—	—	$1.1M	5.0%
Baron Funds Baron Small Cap Fund ** 685 * Fidelity Management Trust Company Fidelity 500 Index Fund	Common Collective Trusts	—	—	$961K	4.2%
Fidelity Management Trust Company Fidelity Advisor International Discovery Fund	Mutual Funds	—	—	$823K	3.6%
Fidelity Management Trust Company Fidelity Freedom 2045 Fund	Mutual Funds	—	—	$778K	3.4%
Fidelity Management Trust Company Fidelity Low-Priced Stock Fund	Mutual Funds	—	—	$654K	2.8%
Fidelity Management Trust Company Fidelity Select Energy Portfolio Fund	Mutual Funds	—	—	$597K	2.6%
Fidelity Management Trust Company Fidelity Freedom 2050 Fund	Mutual Funds	—	—	$533K	2.3%
PIMCO Funds PIMCO Total Return Fund	Mutual Funds	—	—	$465K	2.0%
Fidelity Management Trust Company Fidelity Select Technology Portfolio Fund	Mutual Funds	—	—	$434K	1.9%
Fidelity Management Trust Company Fidelity Puritan Fund	Mutual Funds	—	—	$433K	1.9%
Participants Notes receivable from participants (interest rates ranging	Other securities	—	—	$425K	1.8%
Victory Sophus Victory Sophus Emerging Markets Fund	Other securities	—	—	$294K	1.3%
T. Rowe Price International Funds, Inc. T. Rowe Price Equity Income Fund	Common Stocks	—	—	$276K	1.2%
Fidelity Management Trust Company Fidelity Government Money Market Fund	Mutual Funds	—	—	$244K	1.1%
Fidelity Management Trust Company Fidelity High Income Fund	Mutual Funds	—	—	$203K	0.9%
Fidelity Management Trust Company Fidelity Select Health Care Portfolio Fund	Mutual Funds	—	—	$202K	0.9%
Fidelity Management Trust Company Fidelity Select Consumer Staples Portfolio Fund	Mutual Funds	—	—	$163K	0.7%
Fidelity Management Trust Company Fidelity Small Cap Value Fund	Mutual Funds	—	—	$160K	0.7%
Goldman Sachs Goldman Sachs Mid Cap Value Fund ** 908 MFS Investment Management MFS Value Fund	Mutual Funds	—	—	$157K	0.7%
Fidelity Management Trust Company Fidelity Freedom 2055 Fund	Mutual Funds	—	—	$140K	0.6%
Fidelity Management Trust Company Fidelity International Index Fund	Common Collective Trusts	—	—	$138K	0.6%
Morgan Stanley Morgan Stanley Institutional Fund Trust Discovery Portfolio	Other securities	—	—	$98K	0.4%
Fidelity Management Trust Company Fidelity Government Income Fund	Mutual Funds	—	—	$95K	0.4%
Fidelity Management Trust Company Fidelity Freedom 2060 Fund	Mutual Funds	—	—	$88K	0.4%
Fidelity Management Trust Company Fidelity Inflation-Protected Bond Index Fund	Common Collective Trusts	—	—	$87K	0.4%
Fidelity Management Trust Company Fidelity Freedom 2065 Fund	Mutual Funds	—	—	$84K	0.4%
Fidelity Management Trust Company Fidelity Select Gold Portfolio Fund	Mutual Funds	—	—	$61K	0.3%
Fidelity Management Trust Company Fidelity Extended Market Index Fund	Common Collective Trusts	—	—	$60K	0.3%
AllianceBernstein AB Small Cap Growth Portfolio Fund	Other securities	—	—	$39K	0.2%
Fidelity Management Trust Company Fidelity Freedom Income Fund	Mutual Funds	—	—	$33K	0.1%
Fidelity Management Trust Company Fidelity Select Materials Portfolio Fund	Mutual Funds	—	—	$27K	0.1%
Fidelity Management Trust Company Fidelity Select Financial Services Portfolio Fund	Mutual Funds	—	—	$25K	0.1%
Fidelity Management Trust Company Fidelity Select Industrials Portfolio Fund	Mutual Funds	—	—	$8K	<0.1%
Fidelity Management Trust Company Fidelity Freedom 2015 Fund	Mutual Funds	—	—	$7K	<0.1%