401(k) · DOL Form 5500 · 2022

Genesis Health System 401(k) Plan

Data updated 2026-08-11

$124M
Total assets
4,562
Participants
94th
Percentile by assets
$27,254
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Genesis Employer Contribution Plan · Sponsored by Genesis Health System · Iowa · Healthcare & Social Assistance

$124M in assets, 4,562 participants

Genesis Health System's Genesis Employer Contribution Plan reported $124M in total assets and 4,562 participants in its 2022 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 139,126 plans)
  • #19,002 in Healthcare & Social Assistance (20,060 peers)

Coverage in Iowa

Genesis Employer Contribution Plan covers 4,562 participants in Iowa, 7.5x the typical Iowa plan (state average ~609 per filing). Assets: $124M.

$124M
total plan assets (2022 EOY)
4,562
covered participants
94th
percentile by assets (of 139,126 plans)
$27,254
avg assets per participant

The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Genesis Employer Contribution Plan reports 4,562 participants - 7.5x that state average ($124M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$151M
Net Assets (End of Year)$124M
Net Income-$27M
Employer EIN421418847
Plan Effective Date1989-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Genesis Health System)

$400M$420M$440M$460M$480M$500M 20222023 $422M $485M ▲ +15.0%
Total plan assets by year, all Genesis Health System plans on file
Year Plans Participants Total Assets
2022 2 9,016 $422M
2023 2 9,302 $485M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Genesis Employer Contribution Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Genesis Employer Contribution Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -101234 Total assets ($B) Participants Genesis Employer Con…The Principal Select…Iowa Health System S…The Hy-Vee and Affil…The Rsm US LLP Retir…Transamerica 401(k) …
Genesis Employer Contribution Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Genesis Employer Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did Genesis Employer Contribution Plan assets move in 2022?
Genesis Employer Contribution Plan declined sharply - down 17.8% during 2022, from $151M to $124M. Reported net income was -$27M.
How have Genesis Health System plan assets changed over time?
Across 2 plan years on file (2022-2023), Genesis Health System's sponsor-wide assets grew 15.0%, from $422M to $485M.
Where does Genesis Employer Contribution Plan rank by assets among Form 5500 filers?
Genesis Employer Contribution Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Genesis Employer Contribution Plan?
Among 401(k) plans in other states, the closest by assets is Monroe Energy Retirement Plan in PA ($124M, 484 participants).

Filing takeaways

Ways to act on Genesis Employer Contribution Plan's numbers.