Plan Snapshot
- Plan Sponsor: Fusion Management Services LLC
- Sponsor EIN: 481195597
- Sponsor Address: 210 INTERSTATE NORTH PARKWAY, SUITE, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Total Participants: 347
- Total Assets: $77.4M
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 | 347 | $77.4M | $292,372 | $2.8M |
| 2023 | 455 | $76.6M | $339,719 | $3.3M |
| 2022 | 520 | $68.6M | $406,215 | $3.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $108,128 | — | $108,128 |
| PNC BANK NA | INVESTMENT ADVISOR | $20,879 | — | $20,879 |
| MORGAN STANLEY | INVESTMENT ADVISOR | $12,500 | — | $12,500 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,507
- Estimated Expense Ratio: 0.183% 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 | $127,627 | — | $127,627 | — | — |
| 2023 | $155,352 | $46,996 | — | — | — |
| 2022 | $183,432 | $114,020 | $65,330 | — | — |