Source 4 Solutions 401(k) match, vesting and fees
What Source 4 Solutions' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Paychex, Inc. | Schedule C ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 441 defined-contribution plans in educational services with 1,000 to 4,999 participants.
| Source 4 Solutions: employer contribution per participant | $267 | |
| Peer median | $2,130 |
| Source 4 Solutions: average balance | $6,363 | |
| Peer median | $126,258 |
| Source 4 Solutions: admin expenses ÷ assets | 0.47% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $6.2M at the end of plan year 2023 to $10.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 111,833 | $10.2M | $429K | $267 | 0.47% | Not published | Form 5500 ↗ |
| 2023 | 86,369 | $6.2M | $211K | $192 | 0.47% | Not published | Form 5500 ↗ |
Common questions
Does Source 4 Solutions match 401(k) contributions?
The match terms for the Source 4 Solutions LLC 401(k) Profit Sharing Plan & Trust have not been published from its filing yet. The plan year 2024 filing reports $429K in employer contributions, about $267 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Source 4 Solutions 401(k) match vested?
The vesting schedule for the Source 4 Solutions LLC 401(k) Profit Sharing Plan & Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Source 4 Solutions 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Paychex, Inc.. The plan administrator is ERISA Fiduciary Services, Inc..
I left Source 4 Solutions. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (ERISA Fiduciary Services, Inc., (631) 249-0500) or the recordkeeper, Paychex, Inc.. The Source 4 Solutions old 401(k) page lists the contacts from every plan filing. Find an old Source 4 Solutions 401(k)
Data from the public Form 5500 annual reports Source 4 Solutions filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Source 4 Solutions. Not financial advice. Report a correction · Methodology