Plan Ledger DOL Form 5500 · updated monthly

Outsource, LLC401(k)

OUTSOURCE, LLC 401K PROFIT SHARING PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Outsource, LLC reported $189,525 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $277 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 2 years on file its reported administrative ratio rose from 0.93% to 1.02%. 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 3,604th-largest of 9,483 plans among California employers on file, and the 610th of 2,534 in administrative & support services. In 2024, the employer put in $2.48 for every $1.00 employees contributed themselves; active participation has grown from 7,008 to 8,298 since 2022.

Plan summary
Net assets, end of year$20,249,289
Participants with balances1,295
Active participants8,298
Employer contributions$2,296,676
Employee contributions$927,236
Employer contribution per active participant$277
Average account balance$15,637
Benefits paid to participants$1,946,551
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 1,295 accts · $2.3M emplr
2023$16.8M · 1,186 accts · $2.1M emplr
2022$13.0M · 1,036 accts · $900K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,801
Investment management$41,628
Total administrative$189,525
The Outsource, LLC 401(k) match · 2024
Employer contribution per active participant$277
Median for plans this size$2,416
2024$277 per active participant
2023$262 per active participant
2022$128 per active participant

Outsource, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20243
FIDELITY INVESTMENTS · Loan processing$96,801
ACTUARIAL BENEFITS CORP. · Consulting$51,096
HOLDEN WEALTH MANAGEMENT INC. · Investment advisory (plan)$41,628

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$189,525 · 1.02%
2023$113,093 · 0.76%
2022$130,747 · 0.93%
Same employer
Similar plansAdministrative & Support Services · California
Trusted Health, Inc. CA$21.3M · 0.29%
R.H. Peterson Co. CA$21.2M · 0.02%
Judy Madrigal & Associates CA$21.1M · 1.08%
Traffic Management, Inc. CA$19.4M · 0.56%
Envent Corporation CA$19.3M · 0.62%
Staffing Partners Holdings CA$19.3M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200586432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.