Plan Ledger DOL Form 5500 · updated monthly

Fusion Medical Staffing LLC401(k)

FUSION MEDICAL STAFFING LLC 401(K) PLAN · ELKHORN, NE · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Fusion Medical Staffing LLC reported $601,402 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,467 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 0.89% to 0.81%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 89th-largest of 565 plans among Nebraska employers on file, and the 202nd of 2,534 in administrative & support services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 5,388 to 3,173 since 2022.

Plan summary
Net assets, end of year$77,484,859
Participants with balances2,314
Active participants3,173
Employer contributions$4,653,742
Employee contributions$9,732,883
Employer contribution per active participant$1,467
Average account balance$33,485
Benefits paid to participants$19,605,011
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ
Plan history3
Yearassets · accounts · employer contribution
2024$77.5M · 2,314 accts · $4.7M emplr
2023$70.6M · 3,714 accts · $6.7M emplr
2022$50.6M · 3,451 accts · $8.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$441,095
Investment management$160,307
Total administrative$601,402
The Fusion Medical Staffing LLC 401(k) match · 2024
Employer contribution per active participant$1,467
Median for plans this size$3,635
2024$1,467 per active participant
2023$1,696 per active participant
2022$1,512 per active participant

Fusion Medical Staffing LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20245
EMPOWER ANNUITY INSURANCE CO OF AM · Contract administrator$371,064
EMPOWER ADVISORY GROUP LLC · Investment management$101,616
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$70,031
PRINCIPAL SECURITIES INC · Investment advisory (plan)$39,630
PRINCIPAL SECURITIES INC · Investment advisory (plan)$19,061

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$601,402 · 0.81%
2023$561,531 · 0.93%
2022$377,489 · 0.89%
Same employer
Similar plansAdministrative & Support Services · Nebraska
Medical Solutions, L.L.C. NE$496.2M · 0.14%
Triage, LLC NE$73.7M · 0.49%
Pando LLC NE$38.3M
Ready Tech - Go, Inc. NE$23.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271600705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.