401(k) · DOL Form 5500 · 2024

Genesis Administrative Services LLC 401(k) Plan

Data updated 2026-08-25

$981M
Total assets Above avg plan size
19,764
Participants Very large workforce
98th
Percentile by assets National rank
$49,658
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Genesis Administrative Services 401(k) Plan #1 · Sponsored by Genesis Administrative Services LLC · Pennsylvania · Healthcare & Social Assistance

$981M in assets, 19,764 participants

Genesis Administrative Services LLC's Genesis Administrative Services 401(k) Plan #1 reported $981M in total assets and 19,764 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #16,670 in Healthcare & Social Assistance (16,916 peers)

Coverage in Pennsylvania

Genesis Administrative Services 401(k) Plan #1 covers 19,764 participants in Pennsylvania, 24x the typical Pennsylvania plan (state average ~822 per filing). Assets: $981M.

#16,670
in Healthcare & Social Assistance (16,916 peers)
+10.6%
assets growth YoY
9.8×
vs typical plan assets (national mean)

Genesis Administrative Services 401(k) Plan #1's outsized position by total assets

Genesis Administrative Services 401(k) Plan #1 vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$981,432,361 Top 2% higher than 98% of 123,620 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 2024

Genesis Administrative Services 401(k) Plan #1's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Genesis Administrative Services 401(k) Plan #1 is a mega filing (19,764 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Genesis Administrative Services 401(k) Plan #1 reported net income fell from $107M in the plan year 2023 filing to $50M in the plan year 2024 filing.
  • Genesis Administrative Services 401(k) Plan #1 reported participants rose from 14,027 in the plan year 2023 filing to 19,764 in the plan year 2024 filing.
  • Genesis Administrative Services 401(k) Plan #1 end-of-year assets rose from $888M in the plan year 2023 filing to $981M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 300847166 · Genesis Administrative Services LLC PY 2024 · 401(k)

Genesis Administrative Services 401(k) Plan #1 · $981M · 19,764 · 98th

  • RANK $981M
  • PHOTO 19,764
  • IND 98th
  • EOY 401(k)
  • 5500 near Airbnb 401(k) Plan
  • ASSETS ind #16670

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 Pennsylvania →

Genesis Administrative Services 401(k) Plan #1 in the asset neighbourhood

Vensure Employer Services, Inc. 401(k) Profit Sharing PlanVensure Employer Services, I…$982MMarkel Group Inc. Retirement Savings PlanMarkel Group Inc. Retirement…$982MAirbnb 401(k) Plan$982MGenesis Administrative Services 401(k) Plan #1Genesis Administrative Servi…$981MSecurian Financial Group, Inc. Performance Share PlanSecurian Financial Group, In…$981M
End-of-year total assets ($M) among Genesis Administrative Services 401(k) Plan #1 and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$888M
Net Assets (End of Year)$981M
Net Income$50M
Employer EIN300847166
Plan Effective Date2020-11-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Genesis Administrative Services LLC)

Sponsor-wide plan assets over time

All Genesis Administrative Services LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 20.92566187471883% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B 202220232024 $0.88B $1.07B ▲ +21.6%
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 #1 vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Genesis Administrative Services 401(k) Plan #1, Total assets ($B): 0.981432361 · Participants: 19764Genesis Administrative Services 401(k) Plan #1Comcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Genesis Administrative Services 401(k) Plan #1 vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Genesis Administrative Services 401(k) Plan #1

Genesis Administrative Services 401(k) Plan #1 reports $981M in end-of-year assets across 19,764 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $49,658 per participant (36% of the national average assets-per-participant) . Net income for plan year 2024 was $50M.

This plan identity (EIN 300847166, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $780M to $981M (+25.8%) while covered participants moved from 16,594 to 19,764 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,594 $780M Open filing
2023 14,027 $888M Open filing
2024 · index core 19,764 $981M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Genesis Administrative Services 401(k) Plan #1's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Airbnb 401(k) Plan in CA ($982M); by covered participants it is Credit Union Retirement Plan Association 401(k) Plan in WI (19,717 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($981M here).

Similar participant headcount

Nearest other-state filings by covered participants (19,764 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Genesis Administrative Services 401(k) Plan #1 assets move in 2024?
Genesis Administrative Services 401(k) Plan #1 grew at a solid clip - up 10.6% during 2024, from $888M to $981M. Reported net income was $50M.
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 #1 rank by assets among Form 5500 filers?
Genesis Administrative Services 401(k) Plan #1 ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Genesis Administrative Services 401(k) Plan #1?
Among 401(k) plans in other states, the closest by assets is Airbnb 401(k) Plan in CA ($982M, 3,897 participants).
Which 401(k) plans cover a similar participant headcount to Genesis Administrative Services 401(k) Plan #1?
Among 401(k) plans in other states, the closest by covered participants is Credit Union Retirement Plan Association 401(k) Plan in WI (19,717 participants, $2.1B in assets).