Plan Ledger DOL Form 5500 · updated monthly

Onesource Leasing Solutions, Inc.401(k)

ONESOURCE RETIREMENT SAVINGS PLAN · WILKES BARRE, PA · plan year 2023

Reported admin expense ratio · 2023
0.83%

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

Onesource Leasing Solutions, Inc. reported $120,151 in plan administrative expenses for 2023: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,345 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 0.854%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,784th-largest of 3,651 plans among Pennsylvania employers on file, and the 741st of 2,534 in administrative & support services. In 2023, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 437 to 523 since 2022.

Plan summary
Net assets, end of year$15,786,425
Participants with balances299
Active participants523
Employer contributions$703,630
Employee contributions$1,289,992
Employer contribution per active participant$1,345
Average account balance$52,797
Benefits paid to participants$1,679,495
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK, KALADA, BERDY & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 262 accts · $686K emplr
2023$15.8M · 299 accts · $704K emplr
2022$13.1M · 252 accts · $563K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,765
Investment management$115,386
Total administrative$120,151
The Onesource Leasing Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$1,345
Median for plans this size$2,440
2024$1,261 per active participant
2023$1,345 per active participant
2022$1,288 per active participant

Onesource Leasing Solutions, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
MERRILL LYNCH · Investment advisory (plan)$28,920
EMPOWER ADVISORY GROUP · Investment management$12,034
N.A. FALCONE & ASSOCIATES INC. · Contract administrator$3,444

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

Administrative cost history3
2024$125,921 · 0.85%
2023$120,151 · 0.83%
2022$116,561 · 0.85%
Similar plansAdministrative & Support Services · Pennsylvania
The Cei Group, Inc. PA$18.0M · 0.14%
Asd, Inc. PA$17.2M · 0.01%
Prism Spectrum Holdings LLC PA$17.2M · 0.38%
Phenom People, Inc. PA$17.1M · 0.06%
J. Reckner Associates, Inc. PA$15.1M · 0.45%
Roadrunner Recycling, Inc. PA$14.8M · 0.10%
Env Services, Inc. PA$14.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233026303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.