2023 Form 5500 filing — Potomacwave Consulting 401k
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240930050955NAL0010527410001) for Potomacwave Consulting 401k, reported by Potomacwave Consulting under EIN 20-8085906 and plan number 001. It reports 307 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$10.5MReported net assets$10,539,622
Participants307
Provider compensation$3.4K2 Schedule C row(s)$3,365
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240930050955NAL0010527410001
- Plan sponsor
- Potomacwave Consulting
- EIN
- 20-8085906
- Plan number
- 001
- Location
- Alexandria, VA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$10.5M total assets
Net assets$10.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $10,539,622
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,539,622
- Employer contributions
- $320,183
- Participant contributions
- $1,258,911
- Total income / additions
- $3,304,870
- Benefits paid
- $1,115,687
- Administrative expenses
- $3,366
- Total expenses
- $1,148,181
- Net increase / (decrease)
- $2,156,689
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $3,365 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |