Genesis Health Care, Inc.401(k)

Genesis Health Care, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $8,575,463 across 280 participant accounts, with employer contributions averaging $3,428 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.33% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Carolina (456th of 807), and 6,219th of 11,911 in health care & social assistance. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 189 to 208 since 2022.