Outsource, LLC 401(k) Review & Grade
Outsource, LLC 401k Profit Sharing Plan
El Segundo, CAAdministrative, Support & Staffing Services8,066 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$285Employer $ per active participant
$115Employee $ saved per active participant
1.02%Direct admin cost, % of plan assets
$20.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity23.0 / 5046th percentile for employer $ per participant
- Low cost1.1 / 254th percentile for low admin cost vs. same-size plans
- Employee saving1.7 / 1511th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 46th |
| Lower admin cost | 4th |
| Employee saving | 11th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
Corrective distributions: the plan refunded $8,120 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Outsource put in about $285 per active participant, below the typical peer ($342). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (1.02% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,296,676 |
| Participant (employee) contributions | $927,236 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $189,525 |
| Investment advisory & management fees | $41,628 |
| Other admin expenses | $51,096 |
| Benefits paid out | $1,946,551 |
| Net assets, start / end of year | $16.8M / $20.2M |
| Active participants, start / end of year | 7,835 / 8,298 |
| Participants with account balances | 1,295 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Fidelity Investments | $96,801 reported compensation |
| Actuarial Benefits Corp. | $51,096 reported compensation |
| Holden Wealth Management Inc. | $41,628 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014171906NAL0001725395001, received 2025-10-14, EIN 20-0586432, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.