401(k) · DOL Form 5500 · 2022

Shore United Bank 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
447
Participants Below avg headcount
86th
Percentile by assets National rank
$87,603
Avg per participant Below avg balance/head
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Official DOL plan name: Shore United Bank 401(k) Plan · Sponsored by Shore United Bank · Maryland · Finance & Insurance

$39M in assets, 447 participants

Shore United Bank's Shore United Bank 401(k) Plan reported $39M in total assets and 447 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,147 in Finance & Insurance (9,261 peers)

Coverage in Maryland

Shore United Bank 401(k) Plan covers 447 participants in Maryland, about 48% of the average Maryland filer (state average ~929 per filing). Assets: $39M.

#7,147
in Finance & Insurance (9,261 peers)
-12.9%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shore United Bank 401(k) Plan's outsized position by total assets

Shore United Bank 401(k) Plan vs every filed plan by assets

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

$39,158,705 Top 14% higher than 86% 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

Shore United Bank 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shore United Bank 401(k) Plan sits mid-pack in the medium band (447 participants).

Form 5500 schedule snapshot

Filing strip 521974638 · Shore United Bank PY 2022 · 401(k)

Shore United Bank 401(k) Plan · $39M · 447 · 86th

  • BOY $39M
  • SCH 447
  • EBSA 86th
  • PART 401(k)
  • TYPE near Anderson Brothers Bank of Mullins 401(k) Employee Stock Ownership Plan
  • NET ind #7147

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 →

Shore United Bank 401(k) Plan in the asset neighbourhood

Shore United Bank 401(k) Plan$39MAnderson Brothers Bank of Mullins 401(k) Employee Stock Ownership PlanAnderson Brothers Bank of Mu…$39MPierpont Capital Holdings LLC 401(k) PlanPierpont Capital Holdings LL…$39MOhiohealth Retirement Savings Plan 401(k)Ohiohealth Retirement Saving…$39MSharonview Federal Credit Union 401(k) PlanSharonview Federal Credit Un…$39M
End-of-year total assets ($M) among Shore United Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$39M
Net Income-$6M
Employer EIN521974638
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shore United Bank)

Sponsor-wide plan assets over time

All Shore United Bank plans reported in each filing year

Latest sponsor-wide plan assets
$72M 83.30087013858093% vs 2022
2024 filing year
$30M$40M$50M$60M$70M$80M 202220232024 $39.2M $71.8M ▲ +83.3%
Year Plans Participants Total Assets
2022 1 447 $39M
2023 1 665 $65M
2024 1 620 $72M

Nearby 401(k) Plans in Maryland

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

Shore United Bank 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Shore United Bank 401(k) Plan, Total assets ($B): 0.039158705 · Participants: 447Shore United 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
Shore United Bank 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Shore United Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Maryland, the nearest 401(k) by assets is Anderson Brothers Bank of Mullins 401(k) Employee Stock Ownership Plan in SC ($39M); by covered participants it is Bakersfield Heart Hospital 401(k) Plan in CA (447 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (447 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 Shore United Bank 401(k) Plan assets move in 2022? ▼
Shore United Bank 401(k) Plan pulled back noticeably - down 12.9% during 2022, from $45M to $39M. Reported net income was -$6M.
How have Shore United Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shore United Bank's sponsor-wide assets grew 83.3%, from $39M to $72M.
Where does Shore United Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Shore United Bank 401(k) Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Shore United Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Anderson Brothers Bank of Mullins 401(k) Employee Stock Ownership Plan in SC ($39M, 358 participants).
Which 401(k) plans cover a similar participant headcount to Shore United Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bakersfield Heart Hospital 401(k) Plan in CA (447 participants, N/A 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 521974638.

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.