401(k) · DOL Form 5500 · 2023

Genesis Administrative Services LLC 401(k) Plan

Data updated 2026-08-11

$85M
Total assets
3,469
Participants
90th
Percentile by assets
$24,483
Avg per participant
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Official DOL plan name: Genesis Administrative Services 401(k) Plan #2 · Sponsored by Genesis Administrative Services LLC · Pennsylvania · Healthcare & Social Assistance

$85M in assets, 3,469 participants

Genesis Administrative Services LLC's Genesis Administrative Services 401(k) Plan #2 reported $85M in total assets and 3,469 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #16,174 in Healthcare & Social Assistance (17,684 peers)

Coverage in Pennsylvania

Genesis Administrative Services 401(k) Plan #2 covers 3,469 participants in Pennsylvania, 4.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $85M.

$85M
total plan assets (2023 EOY)
3,469
covered participants
90th
percentile by assets (of 127,072 plans)
$24,483
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Genesis Administrative Services 401(k) Plan #2 reported net income rose from -$24M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Genesis Administrative Services 401(k) Plan #2 reported participants rose from 2,563 in the plan year 2022 filing to 3,469 in the plan year 2023 filing.
  • Genesis Administrative Services 401(k) Plan #2 end-of-year assets fell from $102M in the plan year 2022 filing to $85M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Genesis Administrative Services 401(k) Plan #2 reports 3,469 participants - 4.2x that state average ($85M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$85M
Net Income$8M
Employer EIN300847166
Plan Effective Date2020-11-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Genesis Administrative Services LLC)

$0.8B$0.9B$1B$1.1B 202220232024 $0.88B $1.07B ▲ +21.6%
Total plan assets by year, all Genesis Administrative Services LLC plans on file
Year Plans Participants Total Assets
2022 2 19,157 $882M
2023 2 17,496 $973M
2024 2 34,015 $1.1B

Nearby 401(k) Plans in Pennsylvania

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

Genesis Administrative Services 401(k) Plan #2 vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Genesis Administrative Services 401(k) Plan #2 vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Genesis Administrati…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Genesis Administrative Services 401(k) Plan #2 vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Genesis Administrative Services 401(k) Plan #2 by total assets, not by location.

Frequently Asked Questions

How did Genesis Administrative Services 401(k) Plan #2 assets move in 2023?
Genesis Administrative Services 401(k) Plan #2 declined sharply - down 16.6% during 2023, from $102M to $85M. Reported net income was $8M.
How have Genesis Administrative Services LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Genesis Administrative Services LLC's sponsor-wide assets grew 20.9%, from $882M to $1.1B.
Where does Genesis Administrative Services 401(k) Plan #2 rank by assets among Form 5500 filers?
Genesis Administrative Services 401(k) Plan #2 ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Genesis Administrative Services 401(k) Plan #2?
Among 401(k) plans in other states, the closest by assets is Uncommon Schools, Inc. 403(b) Plan in NY ($85M, 1,713 participants).

Next read for Genesis Administrative Services 401(k) P…

Filing takeaways

Ways to act on Genesis Administrative Services 401(k) Plan #2's numbers.