Plan Ledger DOL Form 5500 · updated monthly

Genpact, LLC401(k)

GENPACT U. S. 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Genpact, LLC reported $612,967 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $3,718 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.108%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 192nd-largest of 5,648 plans among New York employers on file, and the 30th of 2,534 in administrative & support services. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has shrunk from 8,386 to 5,783 since 2022.

Plan summary
Net assets, end of year$602,279,562
Participants with balances6,487
Active participants5,783
Employer contributions$21,503,355
Employee contributions$42,881,075
Employer contribution per active participant$3,718
Average account balance$92,844
Benefits paid to participants$81,699,168
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$602.3M · 6,487 accts · $21.5M emplr
2023$531.2M · 6,898 accts · $21.3M emplr
2022$432.9M · 6,869 accts · $22.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$259,545
Investment management$353,422
Total administrative$612,967
The Genpact, LLC 401(k) match · 2024
Employer contribution per active participant$3,718
Median for plans this size$4,294
2024$3,718 per active participant
2023$2,786 per active participant
2022$2,652 per active participant

Genpact, LLC's 2024 employer contribution ran below the $4,294 median for plans its size. 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 · 20243
VOYA RETIREMENT ADVISORS · Investment advisory (participants)$267,368
VOYA INSTITUTIONAL PLAN SERVICES · Loan processing$259,545
GOLDMAN SACHS · Investment advisory (participants)$86,054

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

Administrative cost history3
2024$612,967 · 0.11%
2023$558,597 · 0.12%
2022$512,324 · 0.11%
Same employer
Similar plansAdministrative & Support Services · New York
Abm Industries Incorporated NY$695.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223658826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.