# Fusion Risk Management, INC 401(k) Plan
Source: https://planprovider.pro/companies/fusion-risk-management-inc-401k-plan

> Fusion Risk Management, INC&#39;s 401(k) plan: 226 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Fusion Risk Management, INC

- **Sponsor EIN:** 204772630

- **Sponsor Address:** 2 N. RIVERSIDE PLAZA SUITE 1000, CHICAGO, IL, 60606

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

- **Total Participants:** 226

- **Total Assets:** $24.0M

## 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|226|$24.0M|$1.3M|$2.6M|

| 2023|232|$18.6M|$1.2M|$2.6M|

| 2022|233|$13.4M|$1.1M|$2.2M|

## 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|

| FGMK|Auditor|$6,864|—|$6,864|

### Verified Provider Profiles

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

- [FGMK](https://planprovider.pro/provider/fgmk-llc) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $6,864

- **Estimated Expense Ratio:** 0.029% 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|$101,328|$50,588|—|$6,864|—|

| 2023|$44,172|$13,299|—|—|—|

| 2022|$47,007|$21,239|$25,768|—|—|

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