Defined Benefit (Pension) · DOL Form 5500 · 2023

Genesis Healthcare System Pension Plan

Data updated 2026-08-25

$605K
Total assets Small plan by assets
631
Participants Below avg headcount
19th
Percentile by assets National rank
$958
Avg per participant Low balance/head
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Official DOL plan name: Genesis Healthcare System Employee's Retirement Plan · Sponsored by Genesis Healthcare System · Ohio · Healthcare & Social Assistance

$605K in assets, 631 participants

Genesis Healthcare System's Genesis Healthcare System Employee's Retirement Plan reported $605K in total assets and 631 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #2,614 in Healthcare & Social Assistance (17,684 peers)

2023 asset change

Genesis Healthcare System Employee's Retirement Plan contracted severely 98.7% in 2023 ($47M → $605K) for 631 participants.

#2,614
in Healthcare & Social Assistance (17,684 peers)
-98.7%
assets change YoY

The plan reported a net loss of $46M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Genesis Healthcare System Employee's Retirement Plan among the smaller filed plans by assets

Genesis Healthcare System Employee's Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$604,529 19th percentile higher than 19% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Genesis Healthcare System Employee's Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Genesis Healthcare System Employee's Retirement Plan sits mid-pack in the medium band (631 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Genesis Healthcare System Employee's Retirement Plan reported net income fell from -$4M in the plan year 2022 filing to -$46M in the plan year 2023 filing.
  • Genesis Healthcare System Employee's Retirement Plan end-of-year assets fell from $47M in the plan year 2022 filing to $605K in the plan year 2023 filing.
  • Genesis Healthcare System Employee's Retirement Plan reported participants fell from 681 in the plan year 2022 filing to 631 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 311480941 · Genesis Healthcare System PY 2023 · Defined Benefit (Pension)

Genesis Healthcare System Employee's Retirement Plan · $605K · 631 · 19th

  • SCH $605K
  • SCH 631
  • SCH 19th
  • SCH Defined Benefit (Pension)
  • SCH near Heat Trace Products LLC Cash Balance Plan
  • SCH ind #2614

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Ohio →

Genesis Healthcare System Employee's Retirement Plan in the asset neighbourhood

The Kendal Corporation Pension PlanThe Kendal Corporation Pensi…$607KMercy Health & Rehabilitation Center Group Annuity PlanMercy Health & Rehabilitatio…$609KGenesis Healthcare System Employee's Retirement PlanGenesis Healthcare System Em…$605KHeat Trace Products LLC Cash Balance PlanHeat Trace Products LLC Cash…$603KHudson Valley Motorcycle Sales, Inc. Defined Benefit Pension Plan and TrustHudson Valley Motorcycle Sal…$600K
End-of-year total assets ($M) among Genesis Healthcare System Employee's Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Genesis Healthcare System years around the 2023 move

Sponsor-wide plan assets over time

All Genesis Healthcare System plans reported in each filing year

Latest sponsor-wide plan assets
$273M 7.47411443779735% vs 2022
2024 filing year
$240M$250M$260M$270M$280M 202220232024 $254M $273M ▲ +7.5%
Year Plans Participants Total Assets
2022 4 4,710 $254M
2023 4 4,804 $246M
2024 3 7,010 $273M

2023 asset-move particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$605K
Net Income-$46M
Employer EIN311480941
Plan Effective Date1983-09-04
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Genesis Healthcare System Employee's Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Genesis Healthcare System Employee's Retirement Plan, Total assets ($B): 0.000604529 · Participants: 631Genesis Healthcare System Employee's Retirement PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Genesis Healthcare System Employee's Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Genesis Healthcare System Employee's Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Heat Trace Products LLC Cash Balance Plan in MA ($603K); by covered participants it is Meredith Employees Retirement Income Plan in IA (631 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Genesis Healthcare System Employee's Retirement Plan assets move in 2023?
Genesis Healthcare System Employee's Retirement Plan contracted severely - down 98.7% during 2023, from $47M to $605K. Reported net income was -$46M.
How have Genesis Healthcare System plan assets changed over time?
Across 3 plan years on file (2022-2024), Genesis Healthcare System's sponsor-wide assets grew 7.5%, from $254M to $273M.
Where does Genesis Healthcare System Employee's Retirement Plan rank by assets among Form 5500 filers?
Genesis Healthcare System Employee's Retirement Plan ranks in the 19th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to Genesis Healthcare System Employee's Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Heat Trace Products LLC Cash Balance Plan in MA ($603K, 13 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Genesis Healthcare System Employee's Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Meredith Employees Retirement Income Plan in IA (631 participants, $62M in assets).