Plan Ledger DOL Form 5500 · updated monthly

Fusion Trade, Inc.401(k)

FUSION TRADE, INC. 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Fusion Trade, Inc. reported $12,876 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,267 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 0.13% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,601st of 2,726), and 6,869th of 11,654 in professional & technical services. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has shrunk from 149 to 98 since 2022.

Plan summary
Net assets, end of year$13,833,703
Participants with balances126
Active participants98
Employer contributions$418,150
Employee contributions$973,496
Employer contribution per active participant$4,267
Average account balance$109,791
Benefits paid to participants$737,570
Plan auditUnmodified (clean) audit opinion
AuditorBDG CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 126 accts · $418K emplr
2023$11.6M · 138 accts · $492K emplr
2022$8.3M · 146 accts · $441K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,105
Investment management$8,721
Total administrative$12,876
The Fusion Trade, Inc. 401(k) match · 2024
Employer contribution per active participant$4,267
Median for plans this size$2,416
2024$4,267 per active participant
2023$3,701 per active participant
2022$2,957 per active participant

Fusion Trade, Inc.'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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$7,412
GLOBAL RETIREMENT PARTNERS LLCindirect comp
BEACON BENEFITS, INC. · Other servicesindirect 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$12,876 · 0.10%
2023$10,683 · 0.11%
2022$8,790 · 0.13%
Same employer
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Insource Services, Inc. MA$14.1M · 0.42%
Morsecorp, Inc. MA$14.0M · 0.19%
Stoke Therapeutics, Inc. MA$14.0M · 0.03%
Orion Health Inc. MA$13.9M · 0.48%
Veracross LLC MA$13.8M · 0.34%
Covaris LLC MA$13.7M · 0.28%
Security Innovation, Inc. MA$13.7M · 0.22%
Edenroc Sciences, LLC MA$13.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043575409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.