Genesis Health System 401(k) match, vesting and fees
What Genesis Health System's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Rsm US LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2023 medians for 214 defined-contribution plans in health care and social assistance with 5,000 to 9,999 participants.
| Genesis Health System: employer contribution per participant | $773 | |
| Peer median | $1,845 |
| Genesis Health System: average balance | $27,583 | |
| Peer median | $64,238 |
| Genesis Health System: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $151M at the end of plan year 2021 to $140M at the end of plan year 2023.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2023 | 6,284 | $140M | $3.9M | $773 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 6,074 | $124M | $8.2M | $1,675 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 5,652 | $151M | $1.4M | $300 | 0.06% | Not published | Form 5500 ↗ |
Other Genesis Health System plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Genesis Health System Retirement Savings Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Rsm US LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Common questions
Does Genesis Health System match 401(k) contributions?
The match terms for the Genesis Employer Contribution Plan have not been published from its filing yet. The plan year 2023 filing reports $3.9M in employer contributions, about $773 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Genesis Health System 401(k) match vested?
The vesting schedule for the Genesis Employer Contribution Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Genesis Health System 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Transamerica Retirement Solutions. The plan administrator is Genesis Health System.
I left Genesis Health System. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Genesis Health System, (563) 421-6911) or the recordkeeper, Transamerica Retirement Solutions. The Genesis Health System old 401(k) page lists the contacts from every plan filing. Find an old Genesis Health System 401(k)
Data from the public Form 5500 annual reports Genesis Health System filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Genesis Health System. Not financial advice. Report a correction · Methodology