Plan Ledger DOL Form 5500 · updated monthly

Genuen LLC401(k)

GENUEN, LLC 401(K) PLAN · LENEXA, KS · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Genuen LLC reported $52,912 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $6,255 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 0.273%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 305th-largest of 828 plans among Kansas employers on file, and the 5,691st of 11,654 in professional & technical services. In 2023, employees put in $2.61 for every $1.00 the employer contributed; active participation has shrunk from 169 to 85 since 2022.

Plan summary
Net assets, end of year$19,288,245
Participants with balances151
Active participants85
Employer contributions$531,660
Employee contributions$1,385,563
Employer contribution per active participant$6,255
Average account balance$127,737
Benefits paid to participants$3,899,200
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 137 accts · $344K emplr
2023$19.3M · 151 accts · $532K emplr
2022$17.6M · 188 accts · $616K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,811
Investment management$28,101
Total administrative$52,912
The Genuen LLC 401(k) match · 2023
Employer contribution per active participant$6,255
Median for plans this size$2,440
2024$4,350 per active participant
2023$6,255 per active participant
2022$3,644 per active participant

Genuen LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CREATIVE PLANNING LLC · Investment advisory (plan)$28,101
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,811

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$50,158 · 0.27%
2023$52,912 · 0.29%
2022$51,026 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Kansas
Signal Theory, Inc. KS$23.0M · 0.14%
Wallace Saunders, Chartered KS$20.9M · 0.35%
Pivot Intermediary, Inc. KS$19.9M · 0.02%
Marksnelson LLC KS$19.8M · 0.30%
Dpra, Incorporated KS$18.5M · 0.19%
Integris Bioservices, LLC KS$17.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481209281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.