Plan Ledger DOL Form 5500 · updated monthly

The Fusco Corporation401(k)

FUSCO GROUP 401(K) PLAN · NEW HAVEN, CT · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

The Fusco Corporation reported $71,036 in plan administrative expenses for 2022: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,648 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Connecticut (650th of 1,106), and 3,548th of 4,798 in finance & insurance. In 2022, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,380,967
Participants with balances80
Active participants71
Employer contributions$188,003
Employee contributions$433,598
Employer contribution per active participant$2,648
Average account balance$179,762
Benefits paid to participants$2,926,332
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,701
Investment management$28,000
Professional / advisory$17,335
Total administrative$71,036
The The Fusco Corporation 401(k) match · 2022
Employer contribution per active participant$2,648
Median for plans this size$2,266

The Fusco Corporation's 2022 employer contribution ran above the $2,266 median for plans its size. 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$71,036 · 0.44%
Same employer
Similar plansFinance & Insurance · Connecticut
Connex Credit Union, Inc. CT$20.1M · 0.04%
Speo, LLC CT$16.1M · 0.02%
Gga Retirement LLC CT$15.6M · 0.42%
Rollease Acmeda, Inc. CT$11.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060356190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.