Plan Ledger DOL Form 5500 · updated monthly

Icafs, Inc. D/B/A General Services Corporation401(k)

GENERAL SERVICES CORPORATION 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Icafs, Inc. D/B/A General Services Corporation reported $81,164 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,158 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 2 years on file its reported administrative ratio rose from 0.28% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,089th-largest of 2,266 plans among Virginia employers on file, and the 763rd of 2,096 in real estate & leasing. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,132,856
Participants with balances361
Active participants518
Employer contributions$600,095
Employee contributions$975,643
Employer contribution per active participant$1,158
Average account balance$47,459
Benefits paid to participants$1,600,510
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 361 accts · $600K emplr
2023$15.4M · 271 accts · $538K emplr
2022$13.8M · 307 accts · $558K emplr
The Icafs, Inc. D/B/A General Services Corporation 401(k) match · 2024
Employer contribution per active participant$1,158
Median for plans this size$2,416
2024$1,158 per active participant
2023$1,039 per active participant
2022$1,078 per active participant

Icafs, Inc. D/B/A General Services Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20244
REGIONS BANK DBA REGIONS TRUST · Investment advisory (plan)$23,839
PENTEGRA SERVICES INC · Contract administrator$22,215
EMPOWER ADVISORY GROUP, LLC · Investment management$9,463

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$81,164 · 0.50%
2023$69,902 · 0.48%
2022$42,878 · 0.28%
Same employer
Similar plansReal Estate & Leasing · Virginia
Kpm, LLC VA$18.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540888746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.