Potomac Corporation Profit Sharing And 401(K) Plan — Form 5500 plan (Potomac Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Potomac Corporation Profit Sharing And 401(K) Plan is a benefit plan reported by Potomac Corporation under EIN 36-0897610 and plan number 001. The latest loaded filing year is 2023. The filing reports 226 participants and $17,964,774 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Potomac Corporation
- EIN
- 36-0897610
- Plan number
- 001
- Plan type
- 2
- Location
- Wheeling, IL
- Latest filing year
- 2023
- Participants
- 226
- End-of-year plan assets
- $17,964,774
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 226 | H, C | 20240730131424NAL0031766768001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,964,774
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,964,774
- Net assets (BOY)
- $17,267,646
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $619,341
- Total contributions
- $657,907
- Total income / additions
- $2,864,851
Expenses & distributions
- Benefits paid
- $2,071,145
- Administrative expenses
- $54,956
- Total expenses
- $2,167,723
- Net increase / (decrease)
- $697,128
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $54,381 | $0 | 2023 |
| Mma Securities LLC | INVESTMENT ADVISOR | $25,670 | not reported in the loaded dataset | 2023 |