401(k) · DOL Form 5500 · 2023

First Source Employee Management 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
7,004
Participants Above avg headcount
88th
Percentile by assets National rank
$9,200
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Source Employee Management Retirement Plan · Sponsored by First Source Employee Management · Ohio · Healthcare & Social Assistance

$64M in assets, 7,004 participants

First Source Employee Management's First Source Employee Management Retirement Plan reported $64M in total assets and 7,004 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,856 in Healthcare & Social Assistance (17,684 peers)

Coverage in Ohio

First Source Employee Management Retirement Plan covers 7,004 participants in Ohio, 9.2x the typical Ohio plan (state average ~765 per filing). Assets: $64M.

#15,856
in Healthcare & Social Assistance (17,684 peers)
+16.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

First Source Employee Management Retirement Plan's outsized position by total assets

First Source Employee Management Retirement Plan vs every filed plan by assets

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

$64,433,622 Top 12% higher than 88% 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

First Source Employee Management Retirement 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. First Source Employee Management Retirement Plan lands in the large band (7,004 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Source Employee Management Retirement Plan reported net income rose from -$7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • First Source Employee Management Retirement Plan reported participants rose from 5,703 in the plan year 2022 filing to 7,004 in the plan year 2023 filing.
  • First Source Employee Management Retirement Plan end-of-year assets rose from $55M in the plan year 2022 filing to $64M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 272037178 · First Source Employee Management PY 2023 · 401(k)

First Source Employee Management Retirement Plan · $64M · 7,004 · 88th

  • 5500 $64M
  • 5500 7,004
  • 5500 88th
  • 5500 401(k)
  • 5500 near Oncology-Hematology Associates of Central Illinois P.C. 401(k) Profit Sharing Plan
  • 5500 ind #15856

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 Healthcare & Social Assistance retirement plans → · Plans in Ohio →

First Source Employee Management Retirement Plan in the asset neighbourhood

Curtis Lumber Company, Incorporated Employee Savings & Profit Sharing PlanCurtis Lumber Company, Incor…$64MOncology-Hematology Associates of Central Illinois P.C. 401(k) Profit Sharing PlanOncology-Hematology Associat…$64MGrade a Market, Incorporated 401(k) PlanGrade a Market, Incorporated…$64MFirst Source Employee Management Retirement PlanFirst Source Employee Manage…$64MC. C. Clark, Inc. 401(k) Plan$64M
End-of-year total assets ($M) among First Source Employee Management Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$64M
Net Income$9M
Employer EIN272037178
Plan Effective Date2006-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Source Employee Management)

Sponsor-wide plan assets over time

All First Source Employee Management plans reported in each filing year

Latest sponsor-wide plan assets
$68M 22.6647327035979% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $55.2M $67.6M ▲ +22.6%
Year Plans Participants Total Assets
2022 1 5,703 $55M
2023 1 7,004 $64M
2024 1 8,136 $68M

Nearby 401(k) Plans in Ohio

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

First Source Employee Management Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -50510152025 Total assets ($B) Participants First Source Employee Management Retirement Plan, Total assets ($B): 0.064433622 · Participants: 7004First Source Employee Management Retirement PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
First Source Employee Management Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare First Source Employee Management Retirement Plan side-by-side with 3 peers →

Scale composition for First Source Employee Management Retirement Plan

First Source Employee Management Retirement Plan reports $64M in end-of-year assets across 7,004 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $9,200 per participant (7% of the national average assets-per-participant) . Net income for plan year 2023 was $9M.

This plan identity (EIN 272037178, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $55M to $68M (+22.7%) while covered participants moved from 5,703 to 8,136 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,703 $55M Open filing
2023 7,004 $64M This page
2024 · index core 8,136 $68M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

First Source Employee Management Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Oncology-Hematology Associates of Central Illinois P.C. 401(k) Profit Sharing Plan in IL ($64M); by covered participants it is Advance 401(k) Plan in NY (7,004 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,004 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 First Source Employee Management Retirement Plan assets move in 2023? ▼
First Source Employee Management Retirement Plan grew sharply - up 16.8% during 2023, from $55M to $64M. Reported net income was $9M.
How have First Source Employee Management plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Source Employee Management's sponsor-wide assets grew 22.7%, from $55M to $68M.
Where does First Source Employee Management Retirement Plan rank by assets among Form 5500 filers? ▼
First Source Employee Management Retirement Plan ranks in the 88th 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 First Source Employee Management Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Oncology-Hematology Associates of Central Illinois P.C. 401(k) Profit Sharing Plan in IL ($64M, 507 participants).
Which 401(k) plans cover a similar participant headcount to First Source Employee Management Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Advance 401(k) Plan in NY (7,004 participants, $1.5B 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 272037178.

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.