1 Source Business Solutions, Llc 401(k) Plan: Login, Facts & Contact Information

1 Source Business Solutions, Llc 401(k) Plan Facts

Plan name
1 SOURCE BUSINESS SOLUTIONS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
1 SOURCE BUSINESS SOLUTIONS, LLC
Participants
2,499 (2,509 active employees)
Former employees with a balance
364
Plan assets
$41,507,040 at Dec 31, 2024
Average account balance
$38,539 across 1,077 accounts
Employer contributions
$2,487,380 in plan year 2024 (26% of all contributions)
Recordkeeper
Transamerica Financial Life Insuran
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2013
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants— Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.61 million went into the plan in contributions, $2.49 million of it from the employer (26%).
  • $3.77 million was paid out to participants.
  • Investment and other income added $4.16 million.
  • Administrative expenses were $660,046, about $613 per account.

How the 1 Source Business Solutions, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,457$13.3 million$951,579$1.17 million
20201,823$19.0 million$1.07 million$1.11 million
20211,881$23.3 million$1.25 million$2.56 million
20221,874$22.6 million$1.40 million$1.92 million
20231,759$31.0 million$1.87 million$2.10 million
20242,499$41.5 million$2.49 million$3.77 million

1 Source Business Solutions, Llc 401(k) Contact Information

Phone
801-352-2333
Mailing address
6966 S COMMERCE PARK DRIVE, MIDVALE UT 84047
Plan sponsor
1 SOURCE BUSINESS SOLUTIONS, LLC
Employer identification number (EIN)
27-3793520
Plan number
333

Questions about the 1 Source Business Solutions, Llc 401(k)

Does 1 Source Business Solutions, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.49 million, 26% of all contributions.

Does the 1 Source Business Solutions, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the 1 Source Business Solutions, Llc 401(k) plan?

2,499 participants at the start of plan year 2024, 2,509 of them active employees, and 364 former employees who still had money in the plan.

What is the average 401(k) balance at 1 Source Business Solutions, Llc?

About $38,539 per account: $41.5 million in plan assets across 1,077 accounts with a balance at the end of plan year 2024.

Who manages the 1 Source Business Solutions, Llc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA FINANCIAL LIFE INSURAN) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at 1 Source Business Solutions, Llc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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