Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Retirement Annuity Plan for Eees of Smeco, Inc.

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Smeco, Inc Β· Maryland Β· Utilities

What the 2023 filing shows

Retirement Annuity Plan for Eees of Smeco, Inc. holds $116M for 224 participants - about $517,417 per participant, down 23.5% over the 2022 plan year.

$116M
total plan assets (2022 EOY)
224
covered participants
$517,417
avg assets per participant
-23.5%
assets change YoY

The plan reported a net loss of $36M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$116M
Participants
224
State
Industry
Utilities

What the Filing Says About Retirement Annuity Plan for Eees of Smeco, Inc.

Retirement Annuity Plan for Eees of Smeco, Inc. is a Defined Benefit (Pension) retirement plan sponsored by Smeco, Inc, headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $116M in total end-of-year assets and covers 224 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 520492367, and the plan has been effective since 1954-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $152M at the beginning of 2022 to $116M at year-end β€” a decline of 23.5%. Net assets (after liabilities) closed the year at $116M, with reported net income of $-35,670,620 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$152M
Total Assets (End of Year)$116M
Net Assets (End of Year)$116M
Net Income$-35,670,620
Plan TypeDefined Benefit (Pension)
Employer EIN520492367
Plan Effective Date1954-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smeco, Inc)

Year Plans Participants Total Assets
2022 3 721 $272M
2023 3 733 $301M
2024 3 752 $314M

Nearby Defined Benefit (Pension) Plans in Maryland

Peer Defined Benefit (Pension) plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Retirement Annuity Plan for Eees of Smeco, Inc.?
As of the 2022 Form 5500 filing, Retirement Annuity Plan for Eees of Smeco, Inc. holds $116M in total assets with 224 participants. It is sponsored by Smeco, Inc.
What type of plan is Retirement Annuity Plan for Eees of Smeco, Inc.?
Retirement Annuity Plan for Eees of Smeco, Inc. is a Defined Benefit (Pension) plan. It has been effective since 1954-07-01. The plan is filed with the U.S. Department of Labor under EIN 520492367.
Who sponsors the Retirement Annuity Plan for Eees of Smeco, Inc.?
Retirement Annuity Plan for Eees of Smeco, Inc. is sponsored by Smeco, Inc, located in Maryland. The sponsor's EIN is 520492367 and the plan operates in the Utilities industry.
How did Retirement Annuity Plan for Eees of Smeco, Inc. perform in 2022?
Retirement Annuity Plan for Eees of Smeco, Inc. declined by 23.5% during 2022, moving from $152M to $116M in total assets. Net income was $-35,670,620.
Where can I find official filings for Retirement Annuity Plan for Eees of Smeco, Inc.?
Official Form 5500 filings for Retirement Annuity Plan for Eees of Smeco, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 520492367 or plan name at efast.dol.gov.
How does Retirement Annuity Plan for Eees of Smeco, Inc. compare to other plans?
You can compare Retirement Annuity Plan for Eees of Smeco, Inc. against other Defined Benefit (Pension) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 520492367.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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