401(k) · DOL Form 5500 · 2023

Choptank Electric Cooperative, Inc. 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
142
Participants Small participant base
88th
Percentile by assets National rank
$466,462
Avg per participant High balance/head
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Official DOL plan name: Choptank Electric Cooperative 401(k) Plan · Sponsored by Choptank Electric Cooperative, Inc. · Maryland · Utilities

$66M in assets, 142 participants

Choptank Electric Cooperative, Inc.'s Choptank Electric Cooperative 401(k) Plan reported $66M in total assets and 142 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #413 in Utilities (721 peers)

Coverage in Maryland

Choptank Electric Cooperative 401(k) Plan covers 142 participants in Maryland, about 15% of the average Maryland filer (state average ~929 per filing). Assets: $66M.

#413
in Utilities (721 peers)
+22.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Choptank Electric Cooperative 401(k) Plan's outsized position by total assets

Choptank Electric Cooperative 401(k) Plan vs every filed plan by assets

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

$66,237,612 Top 12% higher than 88% 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

Choptank Electric Cooperative 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Choptank Electric Cooperative 401(k) Plan sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Choptank Electric Cooperative 401(k) Plan reported net income rose from $4M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Choptank Electric Cooperative 401(k) Plan end-of-year assets rose from $54M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • Choptank Electric Cooperative 401(k) Plan reported participants rose from 134 in the plan year 2022 filing to 142 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 520271943 · Choptank Electric Cooperative, Inc. PY 2023 · 401(k)

Choptank Electric Cooperative 401(k) Plan · $66M · 142 · 88th

  • PART $66M
  • PART 142
  • PART 88th
  • PART 401(k)
  • PART near Driven Brands, Inc. Employee Retirement Savings Plan
  • PART ind #413

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 →

Choptank Electric Cooperative 401(k) Plan in the asset neighbourhood

Jsp International Group, Ltd. and Affiliates 401(k) Salary Savings PlanJsp International Group, Ltd…$66MChoptank Electric Cooperative 401(k) PlanChoptank Electric Cooperativ…$66MDriven Brands, Inc. Employee Retirement Savings PlanDriven Brands, Inc. Employee…$66MCreative Office Resources 401(k) Plan & TrustCreative Office Resources 40…$66MMatrix Technologies Profit Sharing & Savings PlanMatrix Technologies Profit S…$66M
End-of-year total assets ($M) among Choptank Electric Cooperative 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$66M
Net Income$12M
Employer EIN520271943
Plan Effective Date2020-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Choptank Electric Cooperative, Inc.)

Sponsor-wide plan assets over time

All Choptank Electric Cooperative, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 41.241263766406334% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $54.2M $76.6M ▲ +41.2%
Year Plans Participants Total Assets
2022 2 257 $54M
2023 1 142 $66M
2024 1 153 $77M

Nearby 401(k) Plans in Maryland

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

Choptank Electric Cooperative 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Choptank Electric Cooperative 401(k) Plan, Total assets ($B): 0.066237612 · Participants: 142Choptank Electric Cooperative 401(k) 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
Choptank Electric Cooperative 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Choptank Electric Cooperative 401(k) Plan side-by-side with 3 peers →

Choptank Electric Cooperative 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Driven Brands, Inc. Employee Retirement Savings Plan in NC ($66M); by covered participants it is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (142 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 Choptank Electric Cooperative 401(k) Plan assets move in 2023? ▼
Choptank Electric Cooperative 401(k) Plan grew sharply - up 22.2% during 2023, from $54M to $66M. Reported net income was $12M.
How have Choptank Electric Cooperative, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Choptank Electric Cooperative, Inc.'s sponsor-wide assets grew 41.2%, from $54M to $77M.
Where does Choptank Electric Cooperative 401(k) Plan rank by assets among Form 5500 filers? ▼
Choptank Electric Cooperative 401(k) Plan ranks in the 88th 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 Choptank Electric Cooperative 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Driven Brands, Inc. Employee Retirement Savings Plan in NC ($66M, 7,463 participants).
Which 401(k) plans cover a similar participant headcount to Choptank Electric Cooperative 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants, $12M 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 520271943.

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.