First Source Employee Manageme 401(k) Plan: Login, Facts & Contact Information

First Source Employee Manageme 401(k) Plan Facts

Plan name
FIRST SOURCE EMPLOYEE MANAGEMENT RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FIRST SOURCE EMPLOYEE MANAGEMENT
Participants
8,762 (7,726 active employees)
Former employees with a balance
496
Plan assets
$67,644,063 at Dec 31, 2024
Average account balance
$29,119 across 2,323 accounts
Employer contributions
$1,210,616 in plan year 2024 (16% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 2006
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 Aug 12, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.81 million went into the plan in contributions, $1.21 million of it from the employer (16%).
  • $8.74 million was paid out to participants.
  • Investment and other income added $6.85 million.
  • Administrative expenses were $135,560, about $58 per account.

How the First Source Employee Manageme 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20197,589$49.7 million$1.24 million$10.3 million
20207,977$56.2 million$1.14 million$6.23 million
20219,271$62.2 million$1.10 million$7.24 million
20225,703$55.1 million$1.17 million$5.93 million
20237,598$64.4 million$1.26 million$6.09 million
20248,762$67.6 million$1.21 million$8.74 million

First Source Employee Manageme 401(k) Contact Information

Phone
440-793-0200
Mailing address
25000 COUNTRY CLUB BLVD. SUITE 255, NORTH OLMSTED OH 44070
Plan sponsor
FIRST SOURCE EMPLOYEE MANAGEMENT
Employer identification number (EIN)
27-2037178
Plan number
001

Questions about the First Source Employee Manageme 401(k)

Does First Source Employee Manageme contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.21 million, 16% of all contributions.

Does the First Source Employee Manageme 401(k) have automatic enrollment?

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

How many people are in the First Source Employee Manageme 401(k) plan?

8,762 participants at the start of plan year 2024, 7,726 of them active employees, and 496 former employees who still had money in the plan.

What is the average 401(k) balance at First Source Employee Manageme?

About $29,119 per account: $67.6 million in plan assets across 2,323 accounts with a balance at the end of plan year 2024.

Who manages the First Source Employee Manageme 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at First Source Employee Manageme. How do I access my 401(k)?

Your account stays with Empower 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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