Plan Ledger DOL Form 5500 · updated monthly

Genesco Inc.401(k)

GENESCO SALARY DEFERRAL PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Genesco Inc. reported $31,899 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $377 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.05% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 99th-largest of 1,496 plans among Tennessee employers on file, and the 227th of 5,215 in retail trade. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 5,169 to 10,894 since 2022.

Plan summary
Net assets, end of year$190,190,813
Participants with balances2,277
Active participants10,894
Employer contributions$4,109,870
Employee contributions$7,366,291
Employer contribution per active participant$377
Average account balance$83,527
Benefits paid to participants$21,164,303
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$190.2M · 2,277 accts · $4.1M emplr
2023$176.4M · 2,309 accts · $3.7M emplr
2022$158.6M · 2,487 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,899
Total administrative$31,899
The Genesco Inc. 401(k) match · 2024
Employer contribution per active participant$377
Median for plans this size$3,635
2024$377 per active participant
2023$357 per active participant
2022$791 per active participant

Genesco Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CHARLES SCHWAB & CO., INC. · Securities brokerage$211

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$31,899 · 0.02%
2023$85,352 · 0.05%
2022$94,092 · 0.05%
Same employer
Similar plansRetail Trade · Tennessee
Dollar General Corporation TN$824.5M · 0.25%
Tractor Supply Company TN$559.7M · 0.24%
Pilot Travel Centers, LLC TN$506.9M · 0.21%
Delek US Holdings, Inc. TN$392.1M · 0.06%
Tom James Company TN$126.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620211340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.