Workfusion, Inc. 401(K) Plan — Form 5500 plan (Workfusion, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Workfusion, Inc. 401(K) Plan is a benefit plan reported by Workfusion, Inc. under EIN 45-4148571 and plan number 001. The latest loaded filing year is 2023. The filing reports 136 participants and $7,826,217 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Workfusion, Inc.
EIN
45-4148571
Plan number
001
Plan type
2
Location
New York, NY
Latest filing year
2023
Participants
136
End-of-year plan assets
$7,826,217

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023136H, C20241007064314NAL0014852785001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,826,217
Total liabilities (EOY)
$781
Net assets (EOY)
$7,825,436
Net assets (BOY)
$723,459

Income & contributions

Employer contributions
$794,891
Participant contributions
$1,554,785
Total contributions
$2,680,887
Total income / additions
$3,687,427

Expenses & distributions

Benefits paid
$1,408,116
Administrative expenses
$15,051
Total expenses
$1,431,491
Net increase / (decrease)
$2,255,936

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Resources Investment Advisors, Inc.CONSULTANT$13,370$02023
Adp, Inc.RECORD KEEPER$1,680$02023
Morningstar Retirement ManagerINVESTMENT MANAGER$0$02023

Related Form 5500 pages