401(k) · DOL Form 5500 · 2022

Southern Md Electric Cooperative 401(k) Plan

Data updated 2026-08-11

$101M
Total assets
213
Participants
93rd
Percentile by assets
$476,390
Avg per participant
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Official DOL plan name: Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan · Sponsored by Southern Md Electric Cooperative · Maryland · Utilities

$101M in assets, 213 participants

Southern Md Electric Cooperative's Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan reported $101M in total assets and 213 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #482 in Utilities (738 peers)

Coverage in Maryland

Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan covers 213 participants in Maryland, about 23% of the average Maryland filer (state average ~929 per filing). Assets: $101M.

$101M
total plan assets (2022 EOY)
213
covered participants
93rd
percentile by assets (of 139,126 plans)
$476,390
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan reports 213 participants - about 23% of that state average ($101M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$101M
Net Income-$10M
Employer EIN520492367
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Md Electric Cooperative)

$260M$280M$300M$320M 202220232024 $272M $314M ▲ +15.5%
Total plan assets by year, all Southern Md Electric Cooperative plans on file
Year Plans Participants Total Assets
2022 3 721 $272M
2023 3 733 $301M
2024 3 752 $314M

Nearby 401(k) Plans in Maryland

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

Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Southern Maryland Electric Cooperative, Inc Management Employees' 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 Southern Maryland El…Lockheed Martin Corp…Marriott Retirement …T. Rowe Price U.S. R…Nfl Player Second Ca…Sodexo 401 (K) Emplo…
Southern Maryland Electric Cooperative, Inc Management Employees' 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 Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan assets move in 2022?
Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan pulled back noticeably - down 8.3% during 2022, from $111M to $101M. Reported net income was -$10M.
How have Southern Md Electric Cooperative plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Md Electric Cooperative's sponsor-wide assets grew 15.5%, from $272M to $314M.
Where does Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan rank by assets among Form 5500 filers?
Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Thor Industries, Inc. 401(k) Plan in IN ($101M, 12,977 participants).

Next read for Southern Maryland Electric Cooperative, …

Filing takeaways

Ways to act on Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan's numbers.

  • By total assets, Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
  • Southern Md Electric Cooperative's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Utilities plans