Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Genesis GPCC Transferor 2022-1
Genesis GPCC Transferor 2022-1 401(k)
- Finance and insurance
- Beaverton, OR
- EIN 20-1723773
- 1 plan with Schedule H financials
- Plan year 2024
- Genesis GPCC Transferor 2022-1 LLC
- filed as Concora Credit Inc.
Administrative expenses excluding investment management, per participant · Concora Credit Inc 401(k) Plan · plan year 2024
$277.20
Higher than 84% of the 24,371 plans $10 to 50M that report it.
Source
= $158,559 / 572
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250723143127NAL0001957971001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723143127NAL0001957971001, received 2025-07-23
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-23.
Cost and contributions
Administrative expenses per participant
$277.20
Higher than 68% of the 25,098 plans $10 to 50M that report it.
Source
= $158,559 / 572
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250723143127NAL0001957971001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723143127NAL0001957971001, received 2025-07-23
Administrative expenses as a share of assets
0.369%
Higher than 64% of the 25,132 plans $10 to 50M that report it.
Source
= $158,559 / $42,958,702
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250723143127NAL0001957971001, received 2025-07-23
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250723143127NAL0001957971001, received 2025-07-23
Employer contributions per participant
$3,604
Higher than 81% of the 24,050 plans $10 to 50M that report it.
Source
= $2,061,385 / 572
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250723143127NAL0001957971001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723143127NAL0001957971001, received 2025-07-23
Employer share of total contributions
30.8%
Higher than 61% of the 24,084 plans $10 to 50M that report it.
Source
= $2,061,385 / $6,695,488
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250723143127NAL0001957971001, received 2025-07-23
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250723143127NAL0001957971001, received 2025-07-23
Plan terms, as stated in Genesis GPCC Transferor 2022-1 LLC's SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3F · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250723143127NAL0001957971001, received 2025-07-23
Full record, Concora Credit Inc 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CONCORA CREDIT INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Plan name | CONCORA CREDIT INC 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Sponsor EIN / plan number | 20-1723773 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Sponsor location | BEAVERTON, OR | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Industry (business code) | 522298, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Filing received | 2025-07-23 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Participants, beginning of year | 868 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Active participants | 727 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Participants, end of year | 848 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Participants with an account balance | 572 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Total assets, beginning of year | $33,974,960 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Total assets, end of year | $42,958,702 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Net assets, end of year | $42,958,702 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Total income | $11,693,260 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Net income | $8,983,742 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Employer contributions | $2,061,385 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Participant contributions | $3,701,791 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Other contributions (incl. rollovers) | $932,312 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Total contributions | $6,695,488 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Benefit payments | $2,550,959 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Total expenses (incl. benefit payments) | $2,709,518 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Total administrative expenses | $158,559 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Contract administrator fees | $158,559 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Administrative expenses excluding investment management | $158,559 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Held in common/collective trusts | $27,200,150 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Held in mutual funds | $11,696,415 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250723143127NAL0001957971001, received 2025-07-23 |
| Independent auditor | DELAP, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250723143127NAL0001957971001, received 2025-07-23 |
Position = column in the DOL layout for form year 2024. Filing 20250723143127NAL0001957971001, received 2025-07-23.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $158,558 | yes |
| USI ADVISORS, INC. | INVESTMENT ADVISORY | 27 Investment advisory (plan); 99 Other fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250723143127NAL0001957971001, received 2025-07-23.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $33,974,960 | $42,958,702 | 26.4% |
| Participants with a balance | 528 | 572 | 8.3% |
| Administrative expenses | $128,010 | $158,559 | 23.9% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,547,531 | $2,061,385 | 33.2% |
Prior filing 20240912105159NAL0005072099001, received 2024-09-12; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: CONCORA CREDIT INC.; SEC registrant: Genesis GPCC Transferor 2022-1 LLC (CIK 1963305, matched by EIN).