Plan Snapshot
- Plan Sponsor: Potomac Healthcare Solutions, LLC
- Sponsor EIN: 275080822
- Sponsor Address: 2239B TACKETT'S MILL DRIVE, WOODBRIDGE, VA, 22192
- Plan Type: 401(k)
- Total Participants: 188
- Total Assets: $3.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 188 | $3.6M | $332,977 | $834,082 |
| 2023 | 131 | $2.2M | $170,135 | $494,112 |
| 2022 | 85 | $1.6M | $85,551 | $400,823 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| YOUNT, HYDE & BARBOUR, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YOUNT, HYDE & BARBOUR, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $21,252 | $202 | $20,400 | — | — |
| 2023 | $7,164 | — | $7,164 | — | — |
| 2022 | $5,804 | — | $5,804 | — | — |