Powered by OnlyBoth

Benchmarking Genesh Inc 401(K) Plan in Lenexa, KS against all plans

 

Genesh Inc 401(K) Plan in Lenexa, KS has the lowest total administrative expense per participant ($0.81) of all the 27 Kansas plans. That $0.81 compares to an average of $43.36 across those 27 plans.

Beating the average of $43.36 means a decrease of $66,638 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses รท total participants

Genesh Inc 401(K) Plan has these standings among those 27 peer plans:

  • total administrative expense per participant = $0.81 (the lowest)

  • total administrative expenses = $1,268 (7th-lowest)

  • total participants = 1,566 (the most)

Visualize

 
 

Peers

beat Genesis Family Health 401(K) Plan in Garden City, KS ($1.20), Villa St. Francis 401(K) Plan in Olathe, KS ($1.42), Kentucky and Ohio Pizza Huts 401(K) Plan in Topeka, KS ($1.96), and Iowa Tribe of Kansas and Nebraska Employees Savings Trust in White Cloud, KS ($3.18), and others, ending with Mahaney Group Profit Sharing/401(K) Plan and Trust in Wichita, KS ($505.30).

References

  1. in state. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.