Plan Ledger DOL Form 5500 · updated monthly

Genesis Research LLC401(k)

GENESIS RESEARCH 401(K) PLAN · HOBOKEN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Genesis Research LLC reported $34,696 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,305 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,266th of 2,419), and 6,639th of 11,654 in professional & technical services. In 2024, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,721,693
Participants with balances176
Active participants176
Employer contributions$757,708
Employee contributions$1,976,222
Employer contribution per active participant$4,305
Average account balance$83,646
Benefits paid to participants$896,523
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,380
Investment management$3,316
Total administrative$34,696
The Genesis Research LLC 401(k) match · 2024
Employer contribution per active participant$4,305
Median for plans this size$2,416

Genesis Research LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
VESTWELL · Contract administrator · Investment advisory (plan)$18,967

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

Administrative cost history1
2024$34,696 · 0.27%
Same employer
Similar plansProfessional & Technical Services · New Jersey
A3 Technology, Inc. NJ$15.1M · 0.51%
Effectual Inc. NJ$14.9M · 0.28%
Horizon Group USA, Inc. NJ$14.7M · 0.49%
Burlington Automotive Group NJ$14.6M · 0.29%
Swk Technologies NJ$14.6M · 0.42%
Caregility Corporation NJ$14.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272460647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.