Plan Ledger DOL Form 5500 · updated monthly

Potomac Family Dining Group Operating Company LLC401(k)

POTOMAC FAMILY DINING GROUP 401(K) PLAN · MIDLOTHIAN, VA · plan year 2023

Reported admin expense ratio · 2023
0.48%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Potomac Family Dining Group Operating Company LLC reported $6,027 in plan administrative expenses for 2023: 0.48% of average plan assets, below the peer median. Employer contributions averaged $27 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 1 year on file its reported administrative ratio rose from 0.10% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Virginia (2,142nd of 2,266), and 1,614th of 2,240 in accommodation & food services. In 2023, employees put in $6.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,311,945
Participants with balances65
Active participants994
Employer contributions$27,271
Employee contributions$172,003
Employer contribution per active participant$27
Average account balance$20,184
Benefits paid to participants$267,060
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 65 accts · $27K emplr
2022$1.2M · 108 accts · $20K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,000
Investment management$27
Total administrative$6,027
The Potomac Family Dining Group Operating Company LLC 401(k) match · 2023
Employer contribution per active participant$27
Median for plans this size$1,308
2023$27 per active participant
2022$20 per active participant

Potomac Family Dining Group Operating Company LLC's 2023 employer contribution ran below the $1,308 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$27

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$6,027 · 0.48%
2022$1,235 · 0.10%
Same employer
Similar plansAccommodation & Food Services · Virginia
Catie Food Systems Inc VA$2.2M · 0.19%
Mdt, LLC VA$1.7M · 0.94%
Ncc Ee ,LLC VA$1.5M · 0.48%
Belle Holdings Inc. VA$1.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273546071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.