Plan Ledger DOL Form 5500 · updated monthly

Fusion Transport, LLC401(k)

FUSION TRANSPORT, LLC 401(K) PLAN · RUTHERFORD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.57%

Fusion Transport, LLC reported $20,084 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. 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 rose from 0.22% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,989th of 2,419), and 1,817th of 2,677 in transportation & warehousing. active participation has grown from 268 to 328 since 2022.

Plan summary
Net assets, end of year$3,750,757
Participants with balances184
Active participants328
Employer contributions—
Employee contributions$813,492
Employer contribution per active participant—
Average account balance$20,385
Benefits paid to participants$798,428
Plan auditUnmodified (clean) audit opinion
AuditorBDG CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 184 accts
2023$3.3M · 214 accts · $282K emplr
2022$1.7M · 305 accts · $641K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,470
Investment management$11,614
Total administrative$20,084
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 · 20242
CADARET GRANT & CO INC · Recordkeeping · Trustee$11,613
ADP, INC. · Loan processing · Recordkeeping$8,470

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

Recordkeeper by year2
2024ADP, CADARET GRANT & CO INC
2023ADP, CADARET GRANT & CO INC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$20,084 · 0.57%
2023$18,848 · 0.75%
2022$3,871 · 0.22%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Saadia Group, LLC NJ$3.8M · 0.78%
Decamp Bus Lines, Inc. NJ$3.6M · 0.94%
George Dapper, Inc. NJ$3.3M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 834310227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.