Potomac Corporation401(k)
POTOMAC CORPORATION PROFIT SHARING AND 401(K) PLAN · WHEELING, IL · plan year 2023
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Potomac Corporation reported $54,956 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio rose from 0.31% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,798th-largest of 3,702 plans among Illinois employers on file, and the 6,350th of 13,661 in manufacturing. active participation has shrunk from 163 to 143 since 2022.
Potomac Corporation's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 360897610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.