Potomacwave Consulting 401k — Form 5500 plan (Potomacwave Consulting)
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, Potomacwave Consulting 401k is a benefit plan reported by Potomacwave Consulting under EIN 20-8085906 and plan number 001. The latest loaded filing year is 2023. The filing reports 307 participants and $10,539,622 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Potomacwave Consulting
- EIN
- 20-8085906
- Plan number
- 001
- Plan type
- 2
- Location
- Alexandria, VA
- Latest filing year
- 2023
- Participants
- 307
- End-of-year plan assets
- $10,539,622
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 307 | H, C | 20240930050955NAL0010527410001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,539,622
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,539,622
- Net assets (BOY)
- $8,382,933
Income & contributions
- Employer contributions
- $320,183
- Participant contributions
- $1,258,911
- Total contributions
- $1,654,005
- Total income / additions
- $3,304,870
Expenses & distributions
- Benefits paid
- $1,115,687
- Administrative expenses
- $3,366
- Total expenses
- $1,148,181
- Net increase / (decrease)
- $2,156,689
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $3,365 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |