Plan Snapshot
- Plan Sponsor: Firstsource Group U.S.A., INC.
- Sponsor EIN: 271422188
- Sponsor Address: 10400 LINN STATION RD. SUITE 100, LOUISVILLE, KY, 40223
- Plan Type: 401(k)
- Total Participants: 4,095
- Total Assets: $73.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,095 | $73.8M | $1.5M | $9.3M |
| 2023 | 3,418 | $68.4M | $1.3M | $8.2M |
| 2022 | 3,506 | $58.9M | $1.1M | $8.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $286,804 | $56,535 | — | — | — |
| 2023 | $352,442 | $48,642 | $301,900 | — | — |
| 2022 | $400,924 | $45,424 | $352,950 | — | — |