Plan Snapshot
- Plan Sponsor: Fusion Employer Services, LLC
- Sponsor EIN: 134337327
- Sponsor Address: 3131 PRINCETON PIKE, LAWRENCEVILLE, NJ, 08648
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 0 | $0 | $2.2M | $5.1M |
| 2023 | 2,130 | $77.0M | $2.1M | $6.5M |
| 2022 | 1,888 | $58.3M | $2.2M | $5.2M |
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 |
|---|---|---|---|---|
| OMNI 360 WEALTH INC | INVESTMENT ADVISORY-PLAN | $450,490 | — | $450,490 |
| TRANSAMERICA FINANCIAL LIFE INSURAN | RECORDKEEPER | $121,226 | — | $121,226 |
| COHNREZNICK ADVISORY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INSURAN — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $571,716
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 | $260,889 | $219,863 | — | — | — |
| 2023 | $285,858 | $225,245 | — | — | — |
| 2022 | $243,224 | $197,786 | — | — | $25,000 |