Plan Snapshot
- Plan Sponsor: Fusion Transport, LLC
- Sponsor EIN: 834310227
- Sponsor Address: 301 NJ-17 NORTH, RUTHERFORD, NJ, 07070
- Plan Type: 401(k)
- Total Participants: 328
- Total Assets: $3.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 328 | $3.8M | $0 | $813,492 |
| 2023 | 293 | $3.3M | $282,319 | $1.1M |
| 2022 | 268 | $1.7M | $640,504 | $961,376 |
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 |
|---|---|---|---|---|
| BDG CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDG CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $20,084 | $11,614 | — | — | — |
| 2023 | $18,848 | $7,608 | — | — | — |
| 2022 | $3,871 | — | — | — | — |