401(k)
2022 plan-year 401(k) DOL Form 5500

Select Source International 401(k) Profit Sharing Plan & Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Select Source International · Minnesota · Professional & Technical Services

What the 2023 filing shows

Select Source International 401(k) Profit Sharing Plan & Trust holds $922K for 112 participants — about $8,229 per participant, down 17.1% over the 2022 plan year.

$922K
total plan assets (2022 EOY)
112
covered participants
$8,229
avg assets per participant
-17.1%
assets change YoY

The plan reported a net loss of $191K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$922K
Participants
112
State
Industry
Professional & Technical Services

What the Filing Says About Select Source International 401(k) Profit Sharing Plan & Trust

Select Source International 401(k) Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Select Source International, headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $922K in total end-of-year assets and covers 112 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 411988734, and the plan has been effective since 2006-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1M at the beginning of 2022 to $922K at year-end — a decline of 17.1%. Net assets (after liabilities) closed the year at $922K, with reported net income of $-190,746 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1M
Total Assets (End of Year)$922K
Net Assets (End of Year)$922K
Net Income$-190,746
Plan Type401(k)
Employer EIN411988734
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Select Source International 401(k) Profit Sharing Plan & Trust?
As of the 2022 Form 5500 filing, Select Source International 401(k) Profit Sharing Plan & Trust holds $922K in total assets with 112 participants. It is sponsored by Select Source International.
What type of plan is Select Source International 401(k) Profit Sharing Plan & Trust?
Select Source International 401(k) Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 2006-01-01. The plan is filed with the U.S. Department of Labor under EIN 411988734.
Who sponsors the Select Source International 401(k) Profit Sharing Plan & Trust?
Select Source International 401(k) Profit Sharing Plan & Trust is sponsored by Select Source International, located in Minnesota. The sponsor's EIN is 411988734 and the plan operates in the Professional & Technical Services industry.
How did Select Source International 401(k) Profit Sharing Plan & Trust perform in 2022?
Select Source International 401(k) Profit Sharing Plan & Trust declined by 17.1% during 2022, moving from $1M to $922K in total assets. Net income was $-190,746.
Where can I find official filings for Select Source International 401(k) Profit Sharing Plan & Trust?
Official Form 5500 filings for Select Source International 401(k) Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 411988734 or plan name at efast.dol.gov.
How does Select Source International 401(k) Profit Sharing Plan & Trust compare to other plans?
You can compare Select Source International 401(k) Profit Sharing Plan & Trust against other 401(k) plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 411988734.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.