Geisinger System Services 401(k) Review & Grade
Geisinger System Services 401k Savings Plan
Danville, PAHealth Care & Social Assistance24,286 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,585Employer $ per active participant
$3,948Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$3.0BNet plan assets, end of year
$92,822Average balance per account
Score breakdown
- Employer generosity46.5 / 5093th percentile for employer $ per participant
- Low cost18.7 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving5.8 / 1539th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 10,000+ active participants (115 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 75th |
| Employee saving | 39th |
| Peers that auto-enroll | 52% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Geisinger System Services put in about $4,585 per active participant, more than the typical peer ($2,086). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $111,351,717 |
| Participant (employee) contributions | $95,888,818 |
| Other contributions (incl. rollovers in) | $10,689,941 |
| Administrative expenses paid from the plan | $1,251,774 |
| Investment advisory & management fees | $312,956 |
| Other admin expenses | $575 |
| Benefits paid out | $236,613,166 |
| Net assets, start / end of year | $2.6B / $3.0B |
| Active participants, start / end of year | 23,727 / 24,845 |
| Participants with account balances | 31,905 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Instl Opers Co | $916,163 reported compensation |
| Baker Tilly Virchow Krause LLP | $22,050 reported compensation |
| Smith & Downey | $575 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013081508NAL0000369331002, received 2025-10-13, EIN 23-2164794, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.