Plan Ledger DOL Form 5500 · updated monthly

Genesis Technical Staffing, Inc.401(k)

GENESIS TECHNICAL STAFFING, INC. 401 (K) PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.37%

Genesis Technical Staffing, Inc. reported $7,735 in plan administrative expenses for 2024: 0.37% 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 rose from 0.18% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (784th of 902), and 10,789th of 11,654 in professional & technical services. active participation has shrunk from 798 to 590 since 2022.

Plan summary
Net assets, end of year$2,274,023
Participants with balances113
Active participants590
Employer contributions—
Employee contributions$529,515
Employer contribution per active participant—
Average account balance$20,124
Benefits paid to participants$429,731
Plan auditUnmodified (clean) audit opinion
AuditorGRAHAM YADEN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 113 accts
2023$1.9M · 128 accts
2022$1.4M · 136 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,735
Total administrative$7,735
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
JOHN HANCOCK USA · Recordkeeping · Investment management$2,900

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,735 · 0.37%
2023$10,206 · 0.61%
2022$2,660 · 0.18%
Similar plansProfessional & Technical Services · Alabama
Ranger Land Systems, Inc. AL$3.4M · 1.39%
Swj Technology, LLC AL$1.1M · 1.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331227873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.