Plan Snapshot
- Plan Sponsor: Genesis Administrative Services LLC
- Sponsor EIN: 300847166
- Sponsor Address: 101 EAST STATE STREET, KENNETT SQUARE, PA, 19348
- Plan Type: 401(k)
- Total Participants: 18,042
- Total Assets: $981.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 18,042 | $981.4M | $527,859 | $62.0M |
| 2023 | 19,764 | $887.6M | $0 | $59.8M |
| 2022 | 14,027 | $780.4M | $47,401 | $52.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,139,151 | $580,000 | $39,901 | — | — |
| 2023 | $991,845 | $580,000 | $380,095 | $22,575 | — |
| 2022 | $1,436,059 | $580,000 | $541,735 | — | $43,250 |