Plan Snapshot
- Plan Sponsor: Fusion Industries LLC
- Sponsor EIN: 464183414
- Sponsor Address: 3001 E MEMORIAL RD, EDMOND, OK, 730137107
- Plan Type: 401(k)
- Total Participants: 158
- Total Assets: $1.7M
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 | 158 | $1.7M | $0 | $569,963 |
| 2023 | 105 | $1.1M | $0 | $473,419 |
| 2022 | 118 | $1.0M | $6,292 | $269,610 |
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 |
|---|---|---|---|---|
| RESOURCES INVESTMENT ADVISORS, LLC | Investment Advisor | $7,562 | — | $7,562 |
| PAYCHEX, INC. | Recordkeeper | $6,659 | — | $6,659 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RESOURCES INVESTMENT ADVISORS, LLC — Investment Advisor
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,221
- Estimated Expense Ratio: 0.839% 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 | $27,121 | $7,562 | $8,699 | — | — |
| 2023 | $11,480 | $5,401 | $5,219 | — | — |
| 2022 | $18,623 | $34 | $18,589 | — | — |