Plan Ledger DOL Form 5500 · updated monthly

Potomac Hospitality Services, Inc.401(k)

POTOMAC HOSPITALITY SERVICES, INC. 401(K) PLAN · CHEVY CHASE, MD · plan year 2021

Reported admin expense ratio · 2021
0.07%

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

Potomac Hospitality Services, Inc. reported $3,704 in plan administrative expenses for 2021: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $99 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 0.07% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Maryland (1,256th of 1,671), and the 838th of 2,240 in accommodation & food services. In 2021, employees put in $4.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,419,695
Participants with balances272
Active participants135
Employer contributions$13,371
Employee contributions$54,127
Employer contribution per active participant$99
Average account balance$19,925
Benefits paid to participants$103,077
Plan auditUnmodified (clean) audit opinion
AuditorCALIBRE CPA GROUP PLCC
Plan history3
Yearassets · accounts · employer contribution
2023$0 · $70K emplr
2022$4.4M · 273 accts · $89K emplr
2021$5.4M · 272 accts · $13K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$3,704
Total administrative$3,704
The Potomac Hospitality Services, Inc. 401(k) match · 2021
Employer contribution per active participant$99
Median for plans this size$994
2022$389 per active participant
2021$99 per active participant

Potomac Hospitality Services, Inc.'s 2021 employer contribution ran below the $994 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2023Not separately reported
2022$46,548 · 0.95%
2021$3,704 · 0.07%
Similar plansAccommodation & Food Services · Maryland
Janjer Enterprises, Inc. MD$7.1M · 1.61%
Hospitality Partners, LLC MD$5.9M · 0.32%
Rod N Reel, Inc. MD$5.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521851615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.