401(k) · DOL Form 5500 · 2022
Southern Maryland Electric Coop. 401(k) Plan
Data updated 2026-08-25
- $55M
- Total assets Below avg plan size
- 284
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $192,340
- Avg per participant Above avg balance/head
Official DOL plan name: Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 401(k) Plan · Sponsored by Southern Maryland Electric Coop. · Maryland · Utilities
$55M in assets, 284 participants
Southern Maryland Electric Coop.'s Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 401(k) Plan reported $55M in total assets and 284 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.
- #423 in Utilities (738 peers)
Coverage in Maryland
Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 401(k) Plan covers 284 participants in Maryland, about 31% of the average Maryland filer (state average ~929 per filing). Assets: $55M.
- #423
- in Utilities (738 peers)
- -9.9%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 401(k) Plan's outsized position by total assets
Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$54,624,596 Top 11% higher than 89% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 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. Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 401(k) Plan sits mid-pack in the medium band (284 participants).
DOL schedule card
Filing strip 520492367 · Southern Maryland Electric Coop. PY 2022 · 401(k)
Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 401(k) Plan · $55M · 284 · 89th
- PART $55M
- TYPE 284
- NET 89th
- BOOK 401(k)
- VS-ST near Heinen's Inc. Associates' Retirement Income Plan
- BOY ind #423
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 Utilities retirement plans → · Plans in Maryland →
Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 401(k) Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $61M |
|---|---|
| Net Assets (End of Year) | $55M |
| Net Income | -$5M |
| Employer EIN | 520492367 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Maryland Electric Coop.)
Sponsor-wide plan assets over time
All Southern Maryland Electric Coop. plans reported in each filing year
- Latest sponsor-wide plan assets
- $314M 15.500180731710984% vs 2022
- 2024 filing year
| 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.
- Lockheed Martin Corporation Salaried Savings Plan $43.6B · 87,666
- Marriott Retirement Savings Plan $8.3B · 82,576
- T. Rowe Price U.S. Retirement Program $3.7B · 6,107
- Nfl Player Second Career Savings Plan $3.3B · 2,819
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $1.9B · 74,729
Southern Maryland Electric Cooperative, Inc. Bargaining Unit Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Maryland, the nearest 401(k) by assets is Heinen's Inc. Associates' Retirement Income Plan in OH ($55M); by covered participants it is Galesburg Hospital Corporation 401(k) Savings Plan in IL (284 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($55M here).
Similar participant headcount
Nearest other-state filings by covered participants (284 participants); asset peers above are excluded.
- Galesburg Hospital Corporation 401(k) Savings Plan (IL) 284 · 0 off
- Lectra USA 401(k) Plan (CT) 284 · 0 off
- Bemobile, Inc. 401(k) Plan (ND) 284 · 0 off
- Apex Logistics, LLC 401(k) Plan (CA) 284 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.