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: 14,565
- Total Assets: $85.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 14,565 | $85.5M | $99,033 | $4.8M |
| 2023 | 14,251 | $84.9M | $133,416 | $6.5M |
| 2022 | 3,469 | $101.9M | $148,124 | $10.4M |
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 | $22,051 | — | $22,051 |
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: $22,051
- Estimated Expense Ratio: 0.026% of plan assets
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 | $120,481 | $56,250 | — | $22,051 | — |
| 2023 | $200,887 | $60,000 | $116,225 | $21,262 | — |
| 2022 | $314,448 | $75,000 | $117,467 | — | $56,050 |