Plan Ledger DOL Form 5500 · updated monthly

Genesis Networks Enterprises, Ll401(k)

GENESIS NETWORKS ENTERPRISES 401K PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.27%

Genesis Networks Enterprises, Ll reported $22,347 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. 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 has held roughly steady near 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,314th of 5,688), and 8,528th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,424,300
Participants with balances327
Active participants97
Employer contributions—
Employee contributions$286,789
Employer contribution per active participant—
Average account balance$25,762
Benefits paid to participants$924,952
Plan auditUnmodified (clean) audit opinion
AuditorADKF P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$8.4M · 327 accts
2022$7.9M · 343 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,318
Investment management$20,029
Total administrative$22,347
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$19,844
ADP, INC. · Loan processing · Recordkeeping$2,502
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$22,347 · 0.27%
2022$25,071 · 0.26%
Similar plansProfessional & Technical Services · Texas
Paradigm Dkd Group, LLC TX$8.7M · 0.61%
Hawk Consultants, LLC TX$8.6M · 0.48%
Archer Systems, LLC TX$8.4M · 1.00%
MKS2, LLC TX$8.3M · 0.51%
Entelligence, L.L.C. TX$8.3M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264201992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.