Plan Ledger DOL Form 5500 · updated monthly

Potomac Healthcare Solutions, LLC401(k)

POTOMAC HEALTHCARE SOLUTIONS, LLC RETIREMENT SAVINGS PLAN · WOODBRIDGE, VA · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Potomac Healthcare Solutions, LLC reported $21,252 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,771 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 0.38% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,951st of 2,266), and 8,813th of 11,911 in health care & social assistance. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has grown from 85 to 188 since 2022.

Plan summary
Net assets, end of year$3,631,691
Participants with balances268
Active participants188
Employer contributions$332,977
Employee contributions$834,082
Employer contribution per active participant$1,771
Average account balance$13,551
Benefits paid to participants$494,552
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 268 accts · $333K emplr
2023$2.2M · 282 accts · $170K emplr
2022$1.6M · 254 accts · $86K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,400
Investment management$202
Total administrative$21,252
The Potomac Healthcare Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$1,771
Median for plans this size$1,313
2024$1,771 per active participant
2023$1,299 per active participant
2022$1,006 per active participant

Potomac Healthcare Solutions, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$21,252 · 0.72%
2023$7,164 · 0.38%
2022$5,804 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Wall Residences, Inc. VA$3.8M · 1.28%
Care Advantage, Inc. VA$3.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275080822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.