# Fulton Financial Corporation 401(k) Plan
Source: https://planprovider.pro/companies/fulton-financial-corporation-401k-plan

> Fulton Financial Corporation's 401(k) plan: 3,364 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Fulton Financial Corporation

- **Sponsor EIN:** 232195389

- **Sponsor Address:** P. O. BOX 7989, LANCASTER, PA, 17604

- **Plan Type:** 401(k)

- **Total Participants:** 3,364

- **Total Assets:** $569.1M

## 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:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|3,364|$569.1M|$13.7M|$24.2M|

| 2023|3,423|$505.2M|$11.8M|$21.7M|

| 2022|3,325|$431.8M|$10.9M|$20.1M|

## 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|

| FULTON BANK, N.A.|AFFILIATE OF PLAN SPONSOR|$191,202|—|$191,202|

| BDO USA, LLP|NONE|$35,215|—|$35,215|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BDO USA, LLP](https://planprovider.pro/provider/bdo-usa-pc) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $226,417

- **Estimated Expense Ratio:** 0.040% 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|$231,383|—|—|$35,215|—|

| 2023|$61,243|—|—|$31,892|—|

| 2022|$196,430|—|—|—|—|

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