Retirement plan

FUSE TECHNICAL GROUP PROFIT SHARING

Name: FUSE TECHNICAL GROUP, LLC - FUSE TECHNICAL GROUP PROFIT SHARING (2020) Form 5500
Creator: FUSE TECHNICAL GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FUSE TECHNICAL GROUP PROFIT SHARING, FUSE TECHNICAL GROUP, LLC

FUSE TECHNICAL GROUP, LLCEIN 46-1387478Plan #001PY 2020

9817 W FOSTER AVE. - SCHILLER PARK, IL 601761048773-782-3280fuse-tg.comLinkedIn201-500 employeesevents services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+121.6% from 2019

Total participants

+51.5% from 2019

Average account balance

$29,154

+32.0% from 2019

Annual return

82.23%

+57.65 pp from 2019

Benchmarks

See 3,013 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,013 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$7.56M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$56K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

136

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

45.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+18.98%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$495

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$59K

$1401 / participant

Other / not subdivided$59K100.0%

% of EOY assets

4.296%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,154

$70,486-58.6%

$100,528-71.0%

$79,852-63.5%

Participation rate

92.9%

73.6%+19.2pp

79.4%+13.4pp

69.6%+23.2pp

Annual return

82.23%

21.90%+60.3pp

30.90%+51.3pp

31.72%+50.5pp

Employer contribution / active EE

$2,813

$2,165+30.0%

$3,419-17.7%

$2,471+13.8%

Participant deferral / active EE

$4,260

$5,182-17.8%

$6,271-32.1%

$3,740+13.9%

Admin fee / account holder

$1,252

$4,480-72.0%

$8,084-84.5%

$5,306-76.4%

FUSE TECHNICAL GROUP PROFIT SHARING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FUSE TECHNICAL GROUP PROFIT SHARING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion