First Source Employee Management Retirement Plan — Form 5500 plan (First Source Employee Management)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, First Source Employee Management Retirement Plan is a benefit plan reported by First Source Employee Management under EIN 27-2037178 and plan number 001. The latest loaded filing year is 2023. The filing reports 7,598 participants and $64,433,622 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
First Source Employee Management
EIN
27-2037178
Plan number
001
Plan type
3
Location
North Olmsted, OH
Latest filing year
2023
Participants
7,598
End-of-year plan assets
$64,433,622

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,598H, C20241014145219NAL0015143107001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$64,433,622
Total liabilities (EOY)
$0
Net assets (EOY)
$64,433,622
Net assets (BOY)
$55,145,486

Income & contributions

Employer contributions
$1,258,382
Participant contributions
$5,922,232
Total contributions
$7,516,788
Total income / additions
$15,554,885

Expenses & distributions

Benefits paid
$6,085,879
Administrative expenses
$97,636
Total expenses
$6,266,749
Net increase / (decrease)
$9,288,136

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$71,509$02023
Raymond James FinancialOTHER$32,500not reported in the loaded dataset2023

Related Form 5500 pages