401(k)
2024 plan-year 401(k) DOL Form 5500

SAFESOURCE DIRECT, LLC 401(K) PLAN

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

SAFESOURCE DIRECT, LLC

This 401(k) plan holds $2M in total assets and serves 455 participants as of 2024. It is sponsored by SAFESOURCE DIRECT, LLC in Louisiana. The plan reported positive net income of $928K for the year.

Total Assets (2023)
$2M
Participants
455
State
Industry
Manufacturing

What the Filing Says About SAFESOURCE DIRECT, LLC 401(K) PLAN

SAFESOURCE DIRECT, LLC 401(K) PLAN is a 401(k) retirement plan sponsored by SAFESOURCE DIRECT, LLC, headquartered in Louisiana. As of the 2024 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 455 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 861303090, and the plan has been effective since 2021-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1M at the beginning of 2024 to $2M at year-end — a gain of 74.8%. Net assets (after liabilities) closed the year at $2M, with reported net income of $928K 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)$2M
Net Assets (End of Year)$2M
Net Income$928K
Plan Type401(k)
Employer EIN861303090
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the SAFESOURCE DIRECT, LLC 401(K) PLAN?
As of the 2024 Form 5500 filing, SAFESOURCE DIRECT, LLC 401(K) PLAN holds $2M in total assets with 455 participants. It is sponsored by SAFESOURCE DIRECT, LLC.
What type of plan is SAFESOURCE DIRECT, LLC 401(K) PLAN?
SAFESOURCE DIRECT, LLC 401(K) PLAN is a 401(k) plan. It has been effective since 2021-01-01. The plan is filed with the U.S. Department of Labor under EIN 861303090.
Who sponsors the SAFESOURCE DIRECT, LLC 401(K) PLAN?
SAFESOURCE DIRECT, LLC 401(K) PLAN is sponsored by SAFESOURCE DIRECT, LLC, located in Louisiana. The sponsor's EIN is 861303090 and the plan operates in the Manufacturing industry.
How did SAFESOURCE DIRECT, LLC 401(K) PLAN perform in 2024?
SAFESOURCE DIRECT, LLC 401(K) PLAN grew by 74.8% during 2024, moving from $1M to $2M in total assets. Net income was $928K.
Where can I find official filings for SAFESOURCE DIRECT, LLC 401(K) PLAN?
Official Form 5500 filings for SAFESOURCE DIRECT, LLC 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 861303090 or plan name at efast.dol.gov.
How does SAFESOURCE DIRECT, LLC 401(K) PLAN compare to other plans?
You can compare SAFESOURCE DIRECT, LLC 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Louisiana 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 861303090.

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 official public datasets. See our methodology for details.