Civic Intelligence

Potomac Business Solutions Ltd.

Plan context: Potomac Business Solutions Ltd Profit Sharing Plan and Trust

EIN 54-1758373 • Richmond, VA • 27 filings • 5 plans

7447 Whitepine RoadRichmond, VA 23237
Current Snapshot

Latest Year

2021

2021 Participants

3

2021 Assets

$2,233,891

2021 Contributions

$63,720

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$2,233,891$1,116,946$0199920112020YearValue
$2,233,891Latest year 2020

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

840199920102020YearValue
3Latest year 2020

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202110$0$0-
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-0$0$0-
202013$2,233,891$63,720$21,240iApproximate average salary by contribution assumption: employee only about $531,000 at 4% or $354,000 at 6%; with 50% employer match about $354,000 at 4% or $236,000 at 6%; with 100% employer match about $265,500 at 4% or $177,000 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$2,233,891$63,720$21,240iApproximate average salary by contribution assumption: employee only about $531,000 at 4% or $354,000 at 6%; with 50% employer match about $354,000 at 4% or $236,000 at 6%; with 100% employer match about $265,500 at 4% or $177,000 at 6%.
201913$1,900,411$123,887$41,296iApproximate average salary by contribution assumption: employee only about $1,032,392 at 4% or $688,261 at 6%; with 50% employer match about $688,261 at 4% or $458,841 at 6%; with 100% employer match about $516,196 at 4% or $344,131 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$1,900,411$123,887$41,296iApproximate average salary by contribution assumption: employee only about $1,032,392 at 4% or $688,261 at 6%; with 50% employer match about $688,261 at 4% or $458,841 at 6%; with 100% employer match about $516,196 at 4% or $344,131 at 6%.
201813$1,517,408$89,745$29,915iApproximate average salary by contribution assumption: employee only about $747,875 at 4% or $498,583 at 6%; with 50% employer match about $498,583 at 4% or $332,389 at 6%; with 100% employer match about $373,938 at 4% or $249,292 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$1,517,408$89,745$29,915iApproximate average salary by contribution assumption: employee only about $747,875 at 4% or $498,583 at 6%; with 50% employer match about $498,583 at 4% or $332,389 at 6%; with 100% employer match about $373,938 at 4% or $249,292 at 6%.
201713$1,514,646$111,195$37,065iApproximate average salary by contribution assumption: employee only about $926,625 at 4% or $617,750 at 6%; with 50% employer match about $617,750 at 4% or $411,833 at 6%; with 100% employer match about $463,313 at 4% or $308,875 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$1,514,646$111,195$37,065iApproximate average salary by contribution assumption: employee only about $926,625 at 4% or $617,750 at 6%; with 50% employer match about $617,750 at 4% or $411,833 at 6%; with 100% employer match about $463,313 at 4% or $308,875 at 6%.
201613$1,268,625$101,700$33,900iApproximate average salary by contribution assumption: employee only about $847,500 at 4% or $565,000 at 6%; with 50% employer match about $565,000 at 4% or $376,667 at 6%; with 100% employer match about $423,750 at 4% or $282,500 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$1,268,625$101,700$33,900iApproximate average salary by contribution assumption: employee only about $847,500 at 4% or $565,000 at 6%; with 50% employer match about $565,000 at 4% or $376,667 at 6%; with 100% employer match about $423,750 at 4% or $282,500 at 6%.
201514$1,241,107$116,267$29,067iApproximate average salary by contribution assumption: employee only about $726,669 at 4% or $484,446 at 6%; with 50% employer match about $484,446 at 4% or $322,964 at 6%; with 100% employer match about $363,334 at 4% or $242,223 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-4$1,241,107$116,267$29,067iApproximate average salary by contribution assumption: employee only about $726,669 at 4% or $484,446 at 6%; with 50% employer match about $484,446 at 4% or $322,964 at 6%; with 100% employer match about $363,334 at 4% or $242,223 at 6%.
201414$1,135,766$107,190$26,798iApproximate average salary by contribution assumption: employee only about $669,938 at 4% or $446,625 at 6%; with 50% employer match about $446,625 at 4% or $297,750 at 6%; with 100% employer match about $334,969 at 4% or $223,313 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-4$1,135,766$107,190$26,798iApproximate average salary by contribution assumption: employee only about $669,938 at 4% or $446,625 at 6%; with 50% employer match about $446,625 at 4% or $297,750 at 6%; with 100% employer match about $334,969 at 4% or $223,313 at 6%.
201314$959,538$95,106$23,777iApproximate average salary by contribution assumption: employee only about $594,413 at 4% or $396,275 at 6%; with 50% employer match about $396,275 at 4% or $264,183 at 6%; with 100% employer match about $297,206 at 4% or $198,138 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-4$959,538$95,106$23,777iApproximate average salary by contribution assumption: employee only about $594,413 at 4% or $396,275 at 6%; with 50% employer match about $396,275 at 4% or $264,183 at 6%; with 100% employer match about $297,206 at 4% or $198,138 at 6%.
201214$760,386$122,386$30,597iApproximate average salary by contribution assumption: employee only about $764,913 at 4% or $509,942 at 6%; with 50% employer match about $509,942 at 4% or $339,961 at 6%; with 100% employer match about $382,456 at 4% or $254,971 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-4$760,386$122,386$30,597iApproximate average salary by contribution assumption: employee only about $764,913 at 4% or $509,942 at 6%; with 50% employer match about $509,942 at 4% or $339,961 at 6%; with 100% employer match about $382,456 at 4% or $254,971 at 6%.
201114$580,357$84,497$21,124iApproximate average salary by contribution assumption: employee only about $528,106 at 4% or $352,071 at 6%; with 50% employer match about $352,071 at 4% or $234,714 at 6%; with 100% employer match about $264,053 at 4% or $176,035 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-4$580,357$84,497$21,124iApproximate average salary by contribution assumption: employee only about $528,106 at 4% or $352,071 at 6%; with 50% employer match about $352,071 at 4% or $234,714 at 6%; with 100% employer match about $264,053 at 4% or $176,035 at 6%.
201013$462,848$50,256$16,752iApproximate average salary by contribution assumption: employee only about $418,800 at 4% or $279,200 at 6%; with 50% employer match about $279,200 at 4% or $186,133 at 6%; with 100% employer match about $209,400 at 4% or $139,600 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$462,848$50,256$16,752iApproximate average salary by contribution assumption: employee only about $418,800 at 4% or $279,200 at 6%; with 50% employer match about $279,200 at 4% or $186,133 at 6%; with 100% employer match about $209,400 at 4% or $139,600 at 6%.
200913$315,035$48,693$16,231iApproximate average salary by contribution assumption: employee only about $405,775 at 4% or $270,517 at 6%; with 50% employer match about $270,517 at 4% or $180,344 at 6%; with 100% employer match about $202,888 at 4% or $135,258 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$315,035$48,693$16,231iApproximate average salary by contribution assumption: employee only about $405,775 at 4% or $270,517 at 6%; with 50% employer match about $270,517 at 4% or $180,344 at 6%; with 100% employer match about $202,888 at 4% or $135,258 at 6%.
200813$242,166$33,017$11,006iApproximate average salary by contribution assumption: employee only about $275,142 at 4% or $183,428 at 6%; with 50% employer match about $183,428 at 4% or $122,285 at 6%; with 100% employer match about $137,571 at 4% or $91,714 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$242,166$33,017$11,006iApproximate average salary by contribution assumption: employee only about $275,142 at 4% or $183,428 at 6%; with 50% employer match about $183,428 at 4% or $122,285 at 6%; with 100% employer match about $137,571 at 4% or $91,714 at 6%.
200713$403,650$34,218$11,406iApproximate average salary by contribution assumption: employee only about $285,150 at 4% or $190,100 at 6%; with 50% employer match about $190,100 at 4% or $126,733 at 6%; with 100% employer match about $142,575 at 4% or $95,050 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$403,650$34,218$11,406iApproximate average salary by contribution assumption: employee only about $285,150 at 4% or $190,100 at 6%; with 50% employer match about $190,100 at 4% or $126,733 at 6%; with 100% employer match about $142,575 at 4% or $95,050 at 6%.
200613$357,802$34,263$11,421iApproximate average salary by contribution assumption: employee only about $285,525 at 4% or $190,350 at 6%; with 50% employer match about $190,350 at 4% or $126,900 at 6%; with 100% employer match about $142,763 at 4% or $95,175 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$357,802$34,263$11,421iApproximate average salary by contribution assumption: employee only about $285,525 at 4% or $190,350 at 6%; with 50% employer match about $190,350 at 4% or $126,900 at 6%; with 100% employer match about $142,763 at 4% or $95,175 at 6%.
200513$281,293$52,649$17,550iApproximate average salary by contribution assumption: employee only about $438,742 at 4% or $292,494 at 6%; with 50% employer match about $292,494 at 4% or $194,996 at 6%; with 100% employer match about $219,371 at 4% or $146,247 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-3$281,293$52,649$17,550iApproximate average salary by contribution assumption: employee only about $438,742 at 4% or $292,494 at 6%; with 50% employer match about $292,494 at 4% or $194,996 at 6%; with 100% employer match about $219,371 at 4% or $146,247 at 6%.
200414$425,904$27,718$6,930iApproximate average salary by contribution assumption: employee only about $173,238 at 4% or $115,492 at 6%; with 50% employer match about $115,492 at 4% or $76,994 at 6%; with 100% employer match about $86,619 at 4% or $57,746 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-4$425,904$27,718$6,930iApproximate average salary by contribution assumption: employee only about $173,238 at 4% or $115,492 at 6%; with 50% employer match about $115,492 at 4% or $76,994 at 6%; with 100% employer match about $86,619 at 4% or $57,746 at 6%.
200318$399,849$43,286$5,411iApproximate average salary by contribution assumption: employee only about $135,269 at 4% or $90,179 at 6%; with 50% employer match about $90,179 at 4% or $60,119 at 6%; with 100% employer match about $67,634 at 4% or $45,090 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-8$399,849$43,286$5,411iApproximate average salary by contribution assumption: employee only about $135,269 at 4% or $90,179 at 6%; with 50% employer match about $90,179 at 4% or $60,119 at 6%; with 100% employer match about $67,634 at 4% or $45,090 at 6%.
200228$0$0-
Potomac Business Solutions Ltd Money Purchase Plan and Trust-0---
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-8---
200128$0$0-
Potomac Business Solutions Ltd Money Purchase Plan and Trust-8---
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-8---
200026$0$0-
Potomac Business Solutions Ltd Money Purchase Plan and Trust-6---
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-6---
199926$364,268$58,889$9,815iApproximate average salary by contribution assumption: employee only about $245,371 at 4% or $163,581 at 6%; with 50% employer match about $163,581 at 4% or $109,054 at 6%; with 100% employer match about $122,685 at 4% or $81,790 at 6%.
Potomac Business Solutions Ltd Profit Sharing Plan and Trust-6$257,637$41,250$6,875iApproximate average salary by contribution assumption: employee only about $171,875 at 4% or $114,583 at 6%; with 50% employer match about $114,583 at 4% or $76,389 at 6%; with 100% employer match about $85,938 at 4% or $57,292 at 6%.
Potomac Business Solutions Ltd Money Purchase Plan and Trust-6$106,631$17,639$2,940iApproximate average salary by contribution assumption: employee only about $73,496 at 4% or $48,997 at 6%; with 50% employer match about $48,997 at 4% or $32,665 at 6%; with 100% employer match about $36,748 at 4% or $24,499 at 6%.