Plan Ledger DOL Form 5500 · updated monthly

Fuseproject401(k)

FUSEPROJECT LLC 401(K) PROFIT SHARING PLAN AND TRUST · SAN FRANCISCO, CA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Fuseproject reported $438 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,507 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,132nd of 9,483), and 8,818th of 11,654 in professional & technical services. In 2022, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,636,860
Participants with balances86
Active participants35
Employer contributions$192,741
Employee contributions$417,686
Employer contribution per active participant$5,507
Average account balance$88,801
Benefits paid to participants$1,823,539
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN PC
The Fuseproject 401(k) match · 2022
Employer contribution per active participant$5,507
Median for plans this size$1,114

Fuseproject's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$438 · 0.00%
Similar plansProfessional & Technical Services · California
Materia, Inc. CA$7.7M · 0.53%
Atreca, Inc. CA$7.6M · 0.32%
Feedzai, Inc CA$7.6M · 0.05%
Legion Technologies Inc CA$7.6M · 0.54%
Boulevard Labs, Inc. CA$7.6M · 0.83%
Semgrep, Inc CA$7.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383939788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.