Plan Ledger DOL Form 5500 · updated monthly

Genesis Family Health401(k)

GENESIS FAMILY HEALTH 401(K) PLAN · GARDEN CITY, KS · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Genesis Family Health reported $250 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $35 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kansas (810th of 828), and 11,347th of 11,911 in health care & social assistance. In 2022, employees put in $15.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$511,784
Participants with balances76
Active participants175
Employer contributions$6,049
Employee contributions$94,176
Employer contribution per active participant$35
Average account balance$6,734
Benefits paid to participants$165,467
Plan auditUnmodified (clean) audit opinion
AuditorVARNEY & ASSOCIATES, CPAS, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$250
Total administrative$250
The Genesis Family Health 401(k) match · 2022
Employer contribution per active participant$35
Median for plans this size$331

Genesis Family Health's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$250 · 0.04%
Similar plansHealth Care & Social Assistance · Kansas
March Inc. KS$1.0M · 0.59%
Lakepoint Augusta, LLC KS$474K · 4.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481049519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.