Plan Ledger DOL Form 5500 · updated monthly

Fusefx Corp.401(k)

FUSEFX 401(K) RETIREMENT PLAN · NORTH HOLLYWOOD, CA · plan year 2024

Reported admin expense ratio · 2024
0.57%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Fusefx Corp. reported $87,150 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,429 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.69% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 4,308th-largest of 9,483 plans among California employers on file, and the 501st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has shrunk from 298 to 49 since 2022.

Plan summary
Net assets, end of year$15,527,878
Participants with balances195
Active participants49
Employer contributions$364,012
Employee contributions$725,107
Employer contribution per active participant$7,429
Average account balance$79,630
Benefits paid to participants$2,773,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 195 accts · $364K emplr
2023$15.1M · 265 accts · $832K emplr
2022$12.1M · 241 accts · $940K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,150
Total administrative$87,150
The Fusefx Corp. 401(k) match · 2024
Employer contribution per active participant$7,429
Median for plans this size$2,416
2024$7,429 per active participant
2023$4,077 per active participant
2022$3,154 per active participant

Fusefx Corp.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
MERCER INVESTMENTS LLC · Investment advisory (plan)$20,879
R-TECH CONSULTANTS, INC. · Investment advisory (plan)$18,231
EMPOWER ADVISORY GROUP LLC · Investment management$14,781
R-TECH CONSULTANTS, INC. · Contract administrator$7,750
MARSH & MCLENNA COMPANIES, INC. · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$87,150 · 0.57%
2023$99,830 · 0.73%
2022$85,031 · 0.69%
Same employer
Similar plansArts, Entertainment & Recreation · California
Scott D Boras CA$16.7M · 0.63%
Los Angeles Opera Company CA$16.1M · 0.54%
Hillcrest Country Club CA$15.1M · 0.54%
The Vintage Club CA$14.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205250211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.