Plan Ledger DOL Form 5500 · updated monthly

The Potomac Center, Inc.403(b)

THE POTOMAC CENTER, INC. RETIREMENT SAVINGS PLAN · ROMNEY, WV · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

The Potomac Center, Inc. reported $6,013 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $775 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in West Virginia (219th of 265), and 9,194th of 11,911 in health care & social assistance. In 2022, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,092,086
Participants with balances99
Active participants155
Employer contributions$120,149
Employee contributions$162,125
Employer contribution per active participant$775
Average account balance$31,233
Benefits paid to participants$187,517
Plan auditUnmodified (clean) audit opinion
AuditorYOUNT HYDE & BARBOUR
Administrative expenses, itemized · 2022
Investment management$5,743
Total administrative$6,013
Employer contributions to the The Potomac Center, Inc. plan · 2022
Employer contribution per active participant$775
Median for plans this size$1,114

The Potomac Center, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,013 · 0.17%
Same employer
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Wv Therapy Services, LLC WV$3.6M · 0.03%
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Healthways, Inc. WV$2.5M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550601422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.