2023 Form 5500 filing — Genesis Administrative Services 401(K) Plan #2

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 20241015161948NAL0029083793001) for Genesis Administrative Services 401(K) Plan #2, reported by Genesis Administrative Services LLC under EIN 30-0847166 and plan number 007. It reports 5,526 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$84.9MReported net assets$84,928,800
Participants5.5K5,526
Provider compensation$161.8K4 Schedule C row(s)$161,755
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015161948NAL0029083793001
Plan sponsor
Genesis Administrative Services LLC
EIN
30-0847166
Plan number
007
Location
Kennett Square, PA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$84.9M total assets
Net assets$84.9MLiabilities$1.5K
Money in vs. money out
Total income / additions$21.6M
Total expenses$13.4M
Benefits paid / distributions$12.5M
Contributions
Employer$133.4K
Participant$6.5M
Full reported line items
Total assets (EOY)
$84,930,271
Total liabilities (EOY)
$1,471
Net assets (EOY)
$84,928,800
Employer contributions
$133,416
Participant contributions
$6,475,339
Total income / additions
$21,612,578
Benefits paid
$12,538,092
Administrative expenses
$200,887
Total expenses
$13,360,385
Net increase / (decrease)
$8,252,193

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance Company ORECORDKEEPER$80,493$0
Capfinancial Partners LLCNONE$60,000not reported in the loaded dataset
Eisneramper, LlpNONE$21,262not reported in the loaded dataset
Prudential Trust CompanyNONE$0not reported in the loaded dataset

Related Form 5500 pages