Plan Snapshot
- Plan Sponsor: Fullbloom
- Sponsor EIN: 731685121
- Sponsor Address: 150 ROUSE BLVD- SUITE 210, PHILADELPHIA, PA, 19112
- Plan Type: 401(k)
- Total Participants: 5,955
- Total Assets: $85.5M
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 | 5,955 | $85.5M | $1.9M | $15.8M |
| 2023 | 6,365 | $68.3M | $2.2M | $13.1M |
| 2022 | 5,445 | $51.1M | $797,715 | $9.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $418,706 | — | $418,706 |
| MMA SECURITIES LLC | INVESTMENT ADVISOR | $46,125 | — | $46,125 |
| TORRILLO & ASSOCIATES LLC | ACCOUNTANT/AUDITOR | $24,400 | — | $24,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MMA SECURITIES LLC — INVESTMENT ADVISOR
- TORRILLO & ASSOCIATES LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $489,231
- Estimated Expense Ratio: 0.572% of plan assets
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 | $489,231 | $46,125 | $1,800 | $24,400 | — |
| 2023 | $364,895 | $102,058 | — | $2,250 | — |
| 2022 | $244,401 | — | — | — | — |