Profit Sharing · DOL Form 5500 · 2022

The Corporate Source, Inc. Profit Sharing Plan

Data updated 2026-08-11

$11M
Total assets
278
Participants
67th
Percentile by assets
$39,872
Avg per participant
PlainRetire home → About this data

Official DOL plan name: The Corporate Source, Inc. 401(a) Plan · Sponsored by The Corporate Source, Inc. · New York · Professional & Technical Services

$11M in assets, 278 participants

The Corporate Source, Inc.'s The Corporate Source, Inc. 401(a) Plan reported $11M in total assets and 278 participants in its 2022 DOL Form 5500 filing, ranking in the 67th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 67th percentile by assets (of 139,126 plans)
  • #14,245 in Professional & Technical Services (21,562 peers)

Coverage in New York

The Corporate Source, Inc. 401(a) Plan covers 278 participants in New York, about 35% of the average New York filer (state average ~798 per filing). Assets: $11M.

$11M
total plan assets (2022 EOY)
278
covered participants
67th
percentile by assets (of 139,126 plans)
$39,872
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. The Corporate Source, Inc. 401(a) Plan reports 278 participants - about 35% of that state average ($11M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN133882284
Plan Effective Date2016-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Corporate Source, Inc.)

$12M$14M$16M$18M$20M$22M 202220232024 $14.6M $21.1M ▲ +44.1%
Total plan assets by year, all The Corporate Source, Inc. plans on file
Year Plans Participants Total Assets
2022 3 664 $15M
2023 3 598 $18M
2024 3 794 $21M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

The Corporate Source, Inc. 401(a) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

The Corporate Source, Inc. 401(a) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants The Corporate Source…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
The Corporate Source, Inc. 401(a) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to The Corporate Source, Inc. 401(a) Plan by total assets, not by location.

Frequently Asked Questions

How did The Corporate Source, Inc. 401(a) Plan assets move in 2022?
The Corporate Source, Inc. 401(a) Plan pulled back noticeably - down 14.0% during 2022, from $13M to $11M. Reported net income was -$2M.
How have The Corporate Source, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Corporate Source, Inc.'s sponsor-wide assets grew 44.1%, from $15M to $21M.
Which Profit Sharing plans are similar in size to The Corporate Source, Inc. 401(a) Plan?
Among Profit Sharing plans in other states, the closest by assets is Asc Retirement Plan in PR ($11M, 115 participants).

Filing takeaways

Ways to act on The Corporate Source, Inc. 401(a) Plan's numbers.