401(k) · DOL Form 5500 · 2022

Sandy Spring Bancorp, Inc 401(k) Plan

Data updated 2026-08-11

$172M
Total assets
1,155
Participants
95th
Percentile by assets
$149,169
Avg per participant
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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.

  • 95th percentile by assets (of 139,126 plans)
  • #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.

$172M
total plan assets (2022 EOY)
1,155
covered participants
95th
percentile by assets (of 139,126 plans)
$149,169
avg assets per participant

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.

Where Sandy Spring Bank 401(k) Plan sits 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 $2,010,000,000 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

State

Sandy Spring Bank 401(k) Plan vs the 2022 asset distribution

By assets, Sandy Spring Bank 401(k) Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

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)

$190M$200M$210M$220M$230M$240M 202220232024 $205M $228M ▲ +11.3%
Total plan assets by year, all Sandy Spring Bancorp, Inc plans on file
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

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 40…Lockheed Martin Corp…Marriott Retirement …T. Rowe Price U.S. R…Nfl Player Second Ca…Sodexo 401 (K) Emplo…
Sandy Spring Bank 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sandy Spring Bank 401(k) Plan by total assets, not by location.

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).

Scale reading

Ways to act on Sandy Spring Bank 401(k) Plan's numbers.