ESOP · DOL Form 5500 · 2024

One Source Associates, Inc. ESOP

Data updated 2026-08-25

$349K
Total assets Small plan by assets
61
Participants Small participant base
15th
Percentile by assets National rank
$5,727
Avg per participant Low balance/head
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Official DOL plan name: One Source Employee Stock Ownership Plan · Sponsored by One Source Associates, Inc. · Michigan · Professional & Technical Services

$349K in assets, 61 participants

One Source Associates, Inc.'s One Source Employee Stock Ownership Plan reported $349K in total assets and 61 participants in its 2024 DOL Form 5500 filing, ranking in the 15th 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.

  • #2,294 in Professional & Technical Services (20,173 peers)

One Source Associates, Inc. multi-year trail

One Source Associates, Inc.'s plans moved +18.4% in assets from 2023 to 2024; this filing shows One Source Employee Stock Ownership Plan at $349K / 61 participants.

#2,294
in Professional & Technical Services (20,173 peers)
+18.4%
assets growth YoY

One Source Employee Stock Ownership Plan among the smaller filed plans by assets

One Source Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$349,351 15th percentile higher than 15% of 123,620 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 2024

One Source Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. One Source Employee Stock Ownership Plan is a small filing (61 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • One Source Employee Stock Ownership Plan reported net income rose from -$46M in the plan year 2023 filing to $797K in the plan year 2024 filing.
  • One Source Employee Stock Ownership Plan end-of-year assets rose from $295K in the plan year 2023 filing to $349K in the plan year 2024 filing.
  • One Source Employee Stock Ownership Plan reported participants rose from 60 in the plan year 2023 filing to 61 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 521357709 · One Source Associates, Inc. PY 2024 · ESOP

One Source Employee Stock Ownership Plan · $349K · 61 · 15th

  • EBSA $349K
  • EBSA 61
  • EBSA 15th
  • EBSA ESOP
  • EBSA near Jokake Construction Services, Inc. Employee Stock Ownership Plan
  • EBSA ind #2294

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 What is an ESOP? → · Plans in Michigan →

One Source Employee Stock Ownership Plan in the asset neighbourhood

One Source Employee Stock Ownership PlanOne Source Employee Stock Ow…$349KJokake Construction Services, Inc. Employee Stock Ownership PlanJokake Construction Services…$350KSpec Employee Stock Ownership PlanSpec Employee Stock Ownershi…$351KBabich & Associates, Inc. Employee Stock Ownership PlanBabich & Associates, Inc. Em…$351KCamarata Masonry Systems Employee Stock Ownership PlanCamarata Masonry Systems Emp…$352K
End-of-year total assets ($M) among One Source Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

One Source Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All One Source Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$349K 18.44253680234884% vs 2023
2024 filing year
$0.28M$0.3M$0.32M$0.34M$0.36M 20232024 $0.29M $0.35M ▲ +20.7%
Year Plans Participants Total Assets
2023 1 60 $295K
2024 1 61 $349K

One Source Associates, Inc. filing trail (2024)

Total Assets (Beginning of Year)$295K
Net Assets (End of Year)-$44M
Net Income$797K
Employer EIN521357709
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

One Source Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants One Source Employee Stock Ownership Plan, Total assets ($B): 0.000349351 · Participants: 61One Source Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
One Source Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

One Source Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Jokake Construction Services, Inc. Employee Stock Ownership Plan in AZ ($350K); by covered participants it is Minn-Dak, Co. Employee Stock Ownership Plan in ND (61 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (61 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did One Source Employee Stock Ownership Plan assets move in 2024?
One Source Employee Stock Ownership Plan grew sharply - up 18.4% during 2024, from $295K to $349K. Reported net income was $797K.
How have One Source Associates, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), One Source Associates, Inc.'s sponsor-wide assets grew 18.4%, from $295K to $349K.
Where does One Source Employee Stock Ownership Plan rank by assets among Form 5500 filers?
One Source Employee Stock Ownership Plan ranks in the 15th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to One Source Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Jokake Construction Services, Inc. Employee Stock Ownership Plan in AZ ($350K, 26 participants).
Which ESOP plans cover a similar participant headcount to One Source Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Minn-Dak, Co. Employee Stock Ownership Plan in ND (61 participants, $30M in assets).