2023 Form 5500 filing — Genesis Administrative Services 401(K) Plan #1
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015154443NAL0028983585001) for Genesis Administrative Services 401(K) Plan #1, reported by Genesis Administrative Services LLC under EIN 30-0847166 and plan number 006. It reports 22,575 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015154443NAL0028983585001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Genesis Administrative Services LLC
- EIN
- 30-0847166
- Plan number
- 006
- Location
- Kennett Square, PA
- Participants
- 22,575
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $887,593,721
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $887,593,721
- Employer contributions
- $0
- Participant contributions
- $59,793,976
- Total income / additions
- $212,000,413
- Benefits paid
- $103,107,257
- Administrative expenses
- $991,845
- Total expenses
- $105,130,670
- Net increase / (decrease)
- $106,869,743
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capfinancial Partners LLC | NONE | $580,000 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $380,095 | $0 |
| Eiseneramper, Llp | NONE | $22,575 | not reported in the loaded dataset |