401(k) · DOL Form 5500 · 2022

Sandy Spring Bancorp, Inc 401(k) Plan

Data updated 2026-08-25

$172M
Total assets Near avg plan size
1,155
Participants Near avg headcount
95th
Percentile by assets National rank
$149,169
Avg per participant Above avg balance/head
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Official DOL plan name: Sandy Spring Bank 401(k) Plan · Sponsored by Sandy Spring Bancorp, Inc · Maryland · Finance & Insurance

$172M in assets, 1,155 participants

Sandy Spring Bancorp, Inc's Sandy Spring Bank 401(k) Plan reported $172M in total assets and 1,155 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,508 in Finance & Insurance (9,261 peers)

Where Sandy Spring Bank 401(k) Plan sits by assets

Sandy Spring Bank 401(k) Plan sits in the top 5% of all filed plans by assets, $172M for 1,155 participants (~$149,169/participant), down 17.6% in 2022.

#8,508
in Finance & Insurance (9,261 peers)
-17.6%
assets change YoY
1.7×
vs typical plan assets (national mean)

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sandy Spring Bank 401(k) Plan's outsized position by total assets

Sandy Spring Bank 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$172,289,782 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Sandy Spring Bank 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sandy Spring Bank 401(k) Plan lands in the large band (1,155 participants).

Plan-year Form 5500 strip

Filing strip 521532952 · Sandy Spring Bancorp, Inc PY 2022 · 401(k)

Sandy Spring Bank 401(k) Plan · $172M · 1,155 · 95th

  • ASSETS $172M
  • ASSETS 1,155
  • ASSETS 95th
  • ASSETS 401(k)
  • ASSETS near Aerovironment, Inc. P/S and Salary Deferral 401 K Plan
  • ASSETS ind #8508

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Maryland →

Sandy Spring Bank 401(k) Plan in the asset neighbourhood

Tennessee Orthopaedic Alliance 401(k) & Profit Sharing PlanTennessee Orthopaedic Allian…$172MCrb Group, Inc 401(k) Plan$172MAerovironment, Inc. P/S and Salary Deferral 401 K PlanAerovironment, Inc. P/S and …$172MSandy Spring Bank 401(k) Plan$172MLone Pine Capital LLC 401(k) Profit Sharing PlanLone Pine Capital LLC 401(k)…$172M
End-of-year total assets ($M) among Sandy Spring Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$209M
Net Assets (End of Year)$172M
Net Income-$37M
Employer EIN521532952
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sandy Spring Bancorp, Inc)

Sponsor-wide plan assets over time

All Sandy Spring Bancorp, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$228M 11.345217156751186% vs 2022
2024 filing year
$190M$200M$210M$220M$230M$240M 202220232024 $205M $228M ▲ +11.3%
Year Plans Participants Total Assets
2022 2 1,324 $205M
2023 2 1,297 $198M
2024 2 2,230 $228M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sandy Spring Bank 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Sandy Spring Bank 401(k) Plan, Total assets ($B): 0.172289782 · Participants: 1155Sandy Spring Bank 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Sandy Spring Bank 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Sandy Spring Bank 401(k) Plan side-by-side with 3 peers →

Sandy Spring Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Aerovironment, Inc. P/S and Salary Deferral 401 K Plan in CA ($172M); by covered participants it is First Bancorp Employees' 401(k) Savings Plan in NC (1,155 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,155 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sandy Spring Bank 401(k) Plan assets move in 2022? ▼
Sandy Spring Bank 401(k) Plan declined sharply - down 17.6% during 2022, from $209M to $172M. Reported net income was -$37M.
How have Sandy Spring Bancorp, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sandy Spring Bancorp, Inc's sponsor-wide assets grew 11.3%, from $205M to $228M.
Where does Sandy Spring Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Sandy Spring Bank 401(k) Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sandy Spring Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aerovironment, Inc. P/S and Salary Deferral 401 K Plan in CA ($172M, 1,133 participants).
Which 401(k) plans cover a similar participant headcount to Sandy Spring Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First Bancorp Employees' 401(k) Savings Plan in NC (1,155 participants, $108M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521532952.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.