401(k) · DOL Form 5500 · 2023

Cowan Systems, LLC 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
2,273
Participants Above avg headcount
82nd
Percentile by assets National rank
$16,274
Avg per participant Low balance/head
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Official DOL plan name: Cowan Systems 401(k) Profit Sharing Plan · Sponsored by Cowan Systems, LLC · Maryland · Transportation & Warehousing

$37M in assets, 2,273 participants

Cowan Systems, LLC's Cowan Systems 401(k) Profit Sharing Plan reported $37M in total assets and 2,273 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #2,710 in Transportation & Warehousing (3,362 peers)

Coverage in Maryland

Cowan Systems 401(k) Profit Sharing Plan covers 2,273 participants in Maryland, 2.4x the typical Maryland plan (state average ~929 per filing). Assets: $37M.

#2,710
in Transportation & Warehousing (3,362 peers)
+17.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Cowan Systems 401(k) Profit Sharing Plan's outsized position by total assets

Cowan Systems 401(k) Profit Sharing Plan vs every filed plan by assets

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

$36,990,642 Top 18% higher than 82% 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

Cowan Systems 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cowan Systems 401(k) Profit Sharing Plan lands in the large band (2,273 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cowan Systems 401(k) Profit Sharing Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Cowan Systems 401(k) Profit Sharing Plan end-of-year assets rose from $32M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Cowan Systems 401(k) Profit Sharing Plan reported participants rose from 2,059 in the plan year 2022 filing to 2,273 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 562537962 · Cowan Systems, LLC PY 2023 · 401(k)

Cowan Systems 401(k) Profit Sharing Plan · $37M · 2,273 · 82nd

  • IND $37M
  • IND 2,273
  • IND 82nd
  • IND 401(k)
  • IND near 401(k) Profit Sharing Plan for Employees of Welllife Network Inc.
  • IND ind #2710

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 Transportation & Warehousing retirement plans → · Plans in Maryland →

Cowan Systems 401(k) Profit Sharing Plan in the asset neighbourhood

G&l Holdings, Inc. 401(k) PlanG&l Holdings, Inc. 401(k) Pl…$37MCowan Systems 401(k) Profit Sharing PlanCowan Systems 401(k) Profit …$37M401(k) Profit Sharing Plan for Employees of Welllife Network Inc.401(k) Profit Sharing Plan f…$37MAi2 401(k) Plan$37MAjinomoto Bio-Pharma Services 401(k) PlanAjinomoto Bio-Pharma Service…$37M
End-of-year total assets ($M) among Cowan Systems 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$37M
Net Income$5M
Employer EIN562537962
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cowan Systems, LLC)

Sponsor-wide plan assets over time

All Cowan Systems, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$37M 15.781432289813443% vs 2022
2024 filing year
$30M$32M$34M$36M$38M 202220232024 $31.5M $36.5M ▲ +15.8%
Year Plans Participants Total Assets
2022 1 2,059 $32M
2023 1 2,273 $37M
2024 1 2,150 $37M

Nearby 401(k) Plans in Maryland

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

Cowan Systems 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 ($B) Participants Cowan Systems 401(k) Profit Sharing Plan, Total assets ($B): 0.036990642 · Participants: 2273Cowan Systems 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
Cowan Systems 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Cowan Systems 401(k) Profit Sharing Plan side-by-side with 3 peers →

Cowan Systems 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 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. in NY ($37M); by covered participants it is Puma North America, Inc. 401(k) Plan in MA (2,273 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($37M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,273 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 Cowan Systems 401(k) Profit Sharing Plan assets move in 2023? ▼
Cowan Systems 401(k) Profit Sharing Plan grew sharply - up 17.3% during 2023, from $32M to $37M. Reported net income was $5M.
How have Cowan Systems, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cowan Systems, LLC's sponsor-wide assets grew 15.8%, from $32M to $37M.
Where does Cowan Systems 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Cowan Systems 401(k) Profit Sharing Plan ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Cowan Systems 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. in NY ($37M, 2,350 participants).
Which 401(k) plans cover a similar participant headcount to Cowan Systems 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Puma North America, Inc. 401(k) Plan in MA (2,273 participants, $108M 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 562537962.

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.