GENESIS ADMINISTRATIVE SERVICES, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GENESIS ADMINISTRATIVE SERVICES 401(K) PLAN #1
401k plan membership statisitcs for GENESIS ADMINISTRATIVE SERVICES 401(K) PLAN #1
| Measure | Date | Value |
|---|
| 2022 : GENESIS ADMINISTRATIVE SERVICES 401(K) PLAN #1 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $348,355 |
| Total transfer of assets from this plan | 2022-12-31 | $11,492,970 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-126,899,455 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $106,648,595 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $104,961,557 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $250,979 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $55,566,793 |
| Value of total assets at end of year | 2022-12-31 | $780,401,911 |
| Value of total assets at beginning of year | 2022-12-31 | $1,025,094,576 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,436,059 |
| Total interest from all sources | 2022-12-31 | $254,415 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $2,497,467 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $2,497,467 |
| Administrative expenses professional fees incurred | 2022-12-31 | $43,250 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $52,916,099 |
| Participant contributions at end of year | 2022-12-31 | $5,870,692 |
| Participant contributions at beginning of year | 2022-12-31 | $6,586,862 |
| Participant contributions at end of year | 2022-12-31 | $797,649 |
| Participant contributions at beginning of year | 2022-12-31 | $832,119 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $2,603,293 |
| Other income not declared elsewhere | 2022-12-31 | $253,148 |
| Administrative expenses (other) incurred | 2022-12-31 | $271,074 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-233,548,050 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $780,401,911 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,025,094,576 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $580,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $166,592,193 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $225,980,598 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $122,671,484 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $202,861,686 |
| Interest on participant loans | 2022-12-31 | $254,415 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $484,422,492 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $588,833,311 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-44,553,050 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-57,937,691 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-82,980,537 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $47,401 |
| Employer contributions (assets) at end of year | 2022-12-31 | $47,401 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $104,961,557 |
| Contract administrator fees | 2022-12-31 | $541,735 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | EISNERAMPER LLP |
| Accountancy firm EIN | 2022-12-31 | 871363769 |
| 2021 : GENESIS ADMINISTRATIVE SERVICES 401(K) PLAN #1 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $363,640 |
| Total transfer of assets from this plan | 2021-12-31 | $1,271,670 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $195,714,080 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $151,294,397 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $149,356,160 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $85,014 |
| Value of total corrective distributions | 2021-12-31 | $548,337 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $66,035,607 |
| Value of total assets at end of year | 2021-12-31 | $1,025,094,576 |
| Value of total assets at beginning of year | 2021-12-31 | $981,582,923 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,304,886 |
| Total interest from all sources | 2021-12-31 | $312,726 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $2,732,980 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $2,732,980 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $61,060,952 |
| Participant contributions at end of year | 2021-12-31 | $6,586,862 |
| Participant contributions at beginning of year | 2021-12-31 | $8,616,953 |
| Participant contributions at end of year | 2021-12-31 | $832,119 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $4,974,568 |
| Other income not declared elsewhere | 2021-12-31 | $172,551 |
| Administrative expenses (other) incurred | 2021-12-31 | $1,304,886 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $44,419,683 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,025,094,576 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $981,582,923 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $225,980,598 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $205,928,708 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $202,861,686 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $197,585,635 |
| Interest on participant loans | 2021-12-31 | $312,726 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $588,833,311 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $569,451,627 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $38,231,788 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $27,456,799 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $60,771,629 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $87 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $149,356,160 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | EISNERAMPER LLP |
| Accountancy firm EIN | 2021-12-31 | 871363769 |
| 2020 : GENESIS ADMINISTRATIVE SERVICES 401(K) PLAN #1 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $946,643,742 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $47,175,569 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $12,236,388 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $12,166,636 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $67,827 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $5,790,045 |
| Value of total assets at end of year | 2020-12-31 | $981,582,923 |
| Value of total assets at beginning of year | 2020-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,925 |
| Total interest from all sources | 2020-12-31 | $50,611 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $850,035 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $850,035 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $5,590,978 |
| Participant contributions at end of year | 2020-12-31 | $8,616,953 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $197,356 |
| Other income not declared elsewhere | 2020-12-31 | $-5 |
| Administrative expenses (other) incurred | 2020-12-31 | $1,925 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $34,939,181 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $981,582,923 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $205,928,708 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $197,585,635 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $0 |
| Interest on participant loans | 2020-12-31 | $50,611 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $569,451,627 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $16,166,395 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $6,682,876 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $17,635,612 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $1,711 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $12,166,636 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
