401(k) · DOL Form 5500 · 2024

1 Source Business Solutions, LLC 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
2,255
Participants Above avg headcount
82nd
Percentile by assets National rank
$18,407
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: 1 Source Business Solutions 401(k) Plan · Sponsored by 1 Source Business Solutions, LLC · Utah · Other Services

$42M in assets, 2,255 participants

1 Source Business Solutions, LLC's 1 Source Business Solutions 401(k) Plan reported $42M in total assets and 2,255 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,060 in Other Services (7,719 peers)

Coverage in Utah

1 Source Business Solutions 401(k) Plan covers 2,255 participants in Utah, 3.8x the typical Utah plan (state average ~592 per filing). Assets: $42M.

#7,060
in Other Services (7,719 peers)
+33.9%
assets growth YoY
0.4×
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 2024 · DOL Form 5500

$41,507,040 Top 18% higher than 82% 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

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

Plan-year 2024 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 (2,255 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 1 Source Business Solutions 401(k) Plan reported participants rose from 1,591 in the plan year 2023 filing to 2,255 in the plan year 2024 filing.
  • 1 Source Business Solutions 401(k) Plan end-of-year assets rose from $31M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • 1 Source Business Solutions 401(k) Plan reported net income rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 273793520 · 1 Source Business Solutions, LLC PY 2024 · 401(k)

1 Source Business Solutions 401(k) Plan · $42M · 2,255 · 82nd

  • RANK $42M
  • RANK 2,255
  • RANK 82nd
  • RANK 401(k)
  • RANK near Davis, Malm & Dagostine, P.C. Salary Savings Plan
  • RANK ind #7060

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

1 Source Business Solutions 401(k) Plan1 Source Business Solutions …$42MAdvanced Medical Technology Association Savings PlanAdvanced Medical Technology …$42MRawle & Henderson Retirement PlanRawle & Henderson Retirement…$42MDavis, Malm & Dagostine, P.C. Salary Savings PlanDavis, Malm & Dagostine, P.C…$42MM-Aurora 401(k) Plan$41M
End-of-year total assets ($M) among 1 Source Business Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$41M
Net Income$9M
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. -20000020000400006000080000 -202468 Total assets ($B) Participants 1 Source Business Solutions 401(k) Plan, Total assets ($B): 0.04150704 · Participants: 22551 Source Business Solutions 401(k) PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
1 Source Business Solutions 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

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 Davis, Malm & Dagostine, P.C. Salary Savings Plan in MA ($42M); by covered participants it is Encore Rehabilitation Services in MI (2,256 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,255 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 1 Source Business Solutions 401(k) Plan assets move in 2024?
1 Source Business Solutions 401(k) Plan surged - up 33.9% during 2024, from $31M to $42M. Reported net income was $9M.
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 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Davis, Malm & Dagostine, P.C. Salary Savings Plan in MA ($42M, 51 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 Encore Rehabilitation Services in MI (2,256 participants, N/A in assets).