401(k) · DOL Form 5500 · 2023

1 Source Business Solutions, LLC 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
1,591
Participants Near avg headcount
80th
Percentile by assets National rank
$19,487
Avg per participant Low balance/head
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Official DOL plan name: 1 Source Business Solutions 401(k) Plan · Sponsored by 1 Source Business Solutions, LLC · Utah · Other Services

$31M in assets, 1,591 participants

1 Source Business Solutions, LLC's 1 Source Business Solutions 401(k) Plan reported $31M in total assets and 1,591 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,064 in Other Services (7,857 peers)

Coverage in Utah

1 Source Business Solutions 401(k) Plan covers 1,591 participants in Utah, 2.7x the typical Utah plan (state average ~592 per filing). Assets: $31M.

#7,064
in Other Services (7,857 peers)
+37.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

1 Source Business Solutions 401(k) Plan's outsized position by total assets

1 Source Business Solutions 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$31,003,780 Top 20% higher than 80% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

1 Source Business Solutions 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 1 Source Business Solutions 401(k) Plan lands in the large band (1,591 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 1 Source Business Solutions 401(k) Plan reported net income rose from -$175K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • 1 Source Business Solutions 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • 1 Source Business Solutions 401(k) Plan reported participants fell from 1,675 in the plan year 2022 filing to 1,591 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 273793520 · 1 Source Business Solutions, LLC PY 2023 · 401(k)

1 Source Business Solutions 401(k) Plan · $31M · 1,591 · 80th

  • RANK $31M
  • RANK 1,591
  • RANK 80th
  • RANK 401(k)
  • RANK near Ecco Safety Group 401(k) Plan
  • RANK ind #7064

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Other Services retirement plans → · Plans in Utah →

1 Source Business Solutions 401(k) Plan in the asset neighbourhood

Schumacher Homes, Inc. 401(k) PlanSchumacher Homes, Inc. 401(k…$31M1 Source Business Solutions 401(k) Plan1 Source Business Solutions …$31MEcco Safety Group 401(k) Plan$31MRood, Riddle & Partners, P.S.C. Savings and Retirement PlanRood, Riddle & Partners, P.S…$31MEmsl Analytical, Inc. 401(k) Retirement PlanEmsl Analytical, Inc. 401(k)…$31M
End-of-year total assets ($M) among 1 Source Business Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$31M
Net Income$7M
Employer EIN273793520
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (1 Source Business Solutions, LLC)

Sponsor-wide plan assets over time

All 1 Source Business Solutions, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$42M 83.69317591152678% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $22.6M $41.5M ▲ +83.7%
Year Plans Participants Total Assets
2022 1 1,675 $23M
2023 1 1,591 $31M
2024 1 2,255 $42M

Nearby 401(k) Plans in Utah

Peer 401(k) plans, same state, same plan type, ranked by total assets.

1 Source Business Solutions 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -202468 Total assets ($B) Participants 1 Source Business Solutions 401(k) Plan, Total assets ($B): 0.03100378 · Participants: 15911 Source Business Solutions 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
1 Source Business Solutions 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare 1 Source Business Solutions 401(k) Plan side-by-side with 3 peers →

1 Source Business Solutions 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Ecco Safety Group 401(k) Plan in ID ($31M); by covered participants it is Zrs Management, LLC 401(k) Profit Sharing Plan in FL (1,591 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,591 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did 1 Source Business Solutions 401(k) Plan assets move in 2023? ▼
1 Source Business Solutions 401(k) Plan surged - up 37.2% during 2023, from $23M to $31M. Reported net income was $7M.
How have 1 Source Business Solutions, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), 1 Source Business Solutions, LLC's sponsor-wide assets grew 83.7%, from $23M to $42M.
Where does 1 Source Business Solutions 401(k) Plan rank by assets among Form 5500 filers? ▼
1 Source Business Solutions 401(k) Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to 1 Source Business Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ecco Safety Group 401(k) Plan in ID ($31M, 221 participants).
Which 401(k) plans cover a similar participant headcount to 1 Source Business Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Zrs Management, LLC 401(k) Profit Sharing Plan in FL (1,591 participants, $49M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 273793520.

Read our methodology - how this data is sourced, computed, and verified.

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