Plan Snapshot
- Plan Sponsor: Phusion Projects, LLC
- Sponsor EIN: 208141359
- Sponsor Address: 640 N LASALLE ST SUITE 620, CHICAGO, IL, 60654
- Plan Type: 401(k)
- Total Participants: 118
- Total Assets: $12.4M
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 | 118 | $12.4M | $566,246 | $983,660 |
| 2023 | 132 | $10.3M | $526,818 | $897,042 |
| 2022 | 115 | $8.2M | $510,760 | $874,624 |
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 |
|---|---|---|---|---|
| PLANTE MORAN | Auditor | — | — | $0 |
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 | $55,929 | $27,445 | — | — | — |
| 2023 | $44,776 | $21,848 | — | — | — |
| 2022 | $41,348 | $25,558 | $15,790 | — | — |