Plan Ledger DOL Form 5500 · updated monthly

Onesource Business Solutions, LLC401(k)

ONESOURCE BUSINESS SOLUTIONS, LLC RETIREMENT SAVINGS PLAN · CUMMING, GA · plan year 2024

Reported admin expense ratio · 2024
0.31%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Onesource Business Solutions, LLC reported $137,650 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,934 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 481st-largest of 2,160 plans among Georgia employers on file, and the 311th of 2,534 in administrative & support services. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 645 to 812 since 2022.

Plan summary
Net assets, end of year$48,082,324
Participants with balances582
Active participants812
Employer contributions$1,570,035
Employee contributions$3,341,205
Employer contribution per active participant$1,934
Average account balance$82,616
Benefits paid to participants$3,790,099
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.1M · 582 accts · $1.6M emplr
2023$40.2M · 567 accts · $1.4M emplr
2022$31.3M · 488 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,708
Audit (IQPA)$22,000
Total administrative$137,650
The Onesource Business Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$1,934
Median for plans this size$2,416
2024$1,934 per active participant
2023$1,785 per active participant
2022$1,725 per active participant

Onesource Business Solutions, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$12,965
JOHN HANCOCK · Recordkeeping · Investment management$6,186
FLORIDA RETIREMENT CONSULTANTS, LLC · Claims processing · Contract administrator$36,409
MILLER & MARTIN PLLC · Legal$22,943
WARREN AVERETT LLC · Accounting / audit$22,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock, Transamerica
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Onesource Business Solutions, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$137,650 · 0.31%
2023$83,051 · 0.23%
2022$108,628 · 0.32%
Same employer
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Teamwork Services, Inc. GA$58.9M · 0.24%
Arrow Exterminators, Inc. GA$56.9M · 0.82%
Lg Chem America GA$56.1M · 0.41%
Catalis Holdco, Inc. GA$50.9M · 0.02%
Soliant Health, LLC GA$44.2M · 0.46%
Melrose North America, Inc. GA$31.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582326638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.