401(k) · DOL Form 5500 · 2023

The Bank of Glen Burnie 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
82
Participants Small participant base
71st
Percentile by assets National rank
$218,336
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Bank of Glen Burnie 401(k) Profit Sharing Plan · Sponsored by The Bank of Glen Burnie · Maryland · Finance & Insurance

$18M in assets, 82 participants

The Bank of Glen Burnie's The Bank of Glen Burnie 401(k) Profit Sharing Plan reported $18M in total assets and 82 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,023 in Finance & Insurance (8,869 peers)

The Bank of Glen Burnie multi-year trail

The Bank of Glen Burnie's plans moved +35.0% in assets from 2022 to 2024; this filing shows The Bank of Glen Burnie 401(k) Profit Sharing Plan at $18M / 82 participants.

#5,023
in Finance & Insurance (8,869 peers)
+19.7%
assets growth YoY

The Bank of Glen Burnie 401(k) Profit Sharing Plan's outsized position by total assets

The Bank of Glen Burnie 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$17,903,575 Top 29% higher than 71% of 127,068 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 2023

The Bank of Glen Burnie 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Bank of Glen Burnie 401(k) Profit Sharing Plan is a small filing (82 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Bank of Glen Burnie 401(k) Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Bank of Glen Burnie 401(k) Profit Sharing Plan end-of-year assets rose from $15M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • The Bank of Glen Burnie 401(k) Profit Sharing Plan reported participants rose from 74 in the plan year 2022 filing to 82 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 520575023 · The Bank of Glen Burnie PY 2023 · 401(k)

The Bank of Glen Burnie 401(k) Profit Sharing Plan · $18M · 82 · 71st

  • EOY $18M
  • 5500 82
  • ASSETS 71st
  • PCT 401(k)
  • EIN near Appleton Union Employees' 401(k) Plan
  • RANK ind #5023

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 →

The Bank of Glen Burnie 401(k) Profit Sharing Plan in the asset neighbourhood

Wallace Welch & Willingham Inc. 401(k) Retirement PlanWallace Welch & Willingham I…$18MOregon Precision Industries, Inc 401(k) PlanOregon Precision Industries,…$18MThe Bank of Glen Burnie 401(k) Profit Sharing PlanThe Bank of Glen Burnie 401(…$18MAppleton Union Employees' 401(k) PlanAppleton Union Employees' 40…$18MKaley Group, Inc./Krsm Inc. 401(k) Profit Sharing PlanKaley Group, Inc./Krsm Inc. …$18M
End-of-year total assets ($M) among The Bank of Glen Burnie 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

The Bank of Glen Burnie multi-year asset trail

Sponsor-wide plan assets over time

All The Bank of Glen Burnie plans reported in each filing year

Latest sponsor-wide plan assets
$20M 35.03182183144962% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15M $20.2M ▲ +35.1%
Year Plans Participants Total Assets
2022 1 74 $15M
2023 1 82 $18M
2024 1 84 $20M

The Bank of Glen Burnie filing trail (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$3M
Employer EIN520575023
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

The Bank of Glen Burnie 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants The Bank of Glen Burnie 401(k) Profit Sharing Plan, Total assets ($B): 0.017903575 · Participants: 82The Bank of Glen Burnie 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
The Bank of Glen Burnie 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare The Bank of Glen Burnie 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Bank of Glen Burnie 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Appleton Union Employees' 401(k) Plan in WI ($18M); by covered participants it is Sbera 401(k) Plan as Adopted by Northeast Retirement Services LLC in MA (82 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (82 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Bank of Glen Burnie 401(k) Profit Sharing Plan assets move in 2023? ▼
The Bank of Glen Burnie 401(k) Profit Sharing Plan grew sharply - up 19.7% during 2023, from $15M to $18M. Reported net income was $3M.
How have The Bank of Glen Burnie plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of Glen Burnie's sponsor-wide assets grew 35.0%, from $15M to $20M.
Which 401(k) plans are similar in size to The Bank of Glen Burnie 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Appleton Union Employees' 401(k) Plan in WI ($18M, 148 participants).
Which 401(k) plans cover a similar participant headcount to The Bank of Glen Burnie 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sbera 401(k) Plan as Adopted by Northeast Retirement Services LLC in MA (82 participants, $21M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 520575023.

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.