Profit Sharing · DOL Form 5500 · 2023

University of Maryland Medical System Corporation Profit Sharing Plan

Data updated 2026-08-11

$559M
Total assets
20,496
Participants
98th
Percentile by assets
$27,286
Avg per participant
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Official DOL plan name: University of Maryland Medical System 403(b) Retirement Savings Plan · Sponsored by University of Maryland Medical System Corporation · Maryland · Healthcare & Social Assistance

$559M in assets, 20,496 participants

University of Maryland Medical System Corporation's University of Maryland Medical System 403(b) Retirement Savings Plan reported $559M in total assets and 20,496 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #17,293 in Healthcare & Social Assistance (17,684 peers)

Coverage in Maryland

University of Maryland Medical System 403(b) Retirement Savings Plan covers 20,496 participants in Maryland, 22x the typical Maryland plan (state average ~929 per filing). Assets: $559M.

$559M
total plan assets (2023 EOY)
20,496
covered participants
98th
percentile by assets (of 127,072 plans)
$27,286
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • University of Maryland Medical System 403(b) Retirement Savings Plan reported net income rose from $2M in the plan year 2022 filing to $141M in the plan year 2023 filing.
  • University of Maryland Medical System 403(b) Retirement Savings Plan end-of-year assets rose from $418M in the plan year 2022 filing to $559M in the plan year 2023 filing.
  • University of Maryland Medical System 403(b) Retirement Savings Plan reported participants rose from 18,198 in the plan year 2022 filing to 20,496 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. University of Maryland Medical System 403(b) Retirement Savings Plan reports 20,496 participants - 22x that state average ($559M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$418M
Net Assets (End of Year)$559M
Net Income$141M
Employer EIN521362793
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (University of Maryland Medical System Corporation)

$1.8B$2B$2.2B$2.4B 202220232024 $1.94B $2.3B ▲ +18.6%
Total plan assets by year, all University of Maryland Medical System Corporation plans on file
Year Plans Participants Total Assets
2022 7 36,724 $1.9B
2023 8 36,780 $2.2B
2024 9 34,534 $2.3B

Nearby Profit Sharing Plans in Maryland

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

University of Maryland Medical System 403(b) Retirement Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

University of Maryland Medical System 403(b) Retirement Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. 050001000015000200002500030000 00.511.522.53 Total assets ($B) Participants University of Maryla…Sprinkler Industry S…Nfl Player Annuity P…Major League Basebal…International Painte…Nfl Player Capital A…
University of Maryland Medical System 403(b) Retirement Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Scale composition for University of Maryland Medical System 403(b) Retirement Savings Plan

University of Maryland Medical System 403(b) Retirement Savings Plan reports $559M in end-of-year assets across 20,496 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $27,286 per participant (20% of the national average assets-per-participant) . Net income for plan year 2023 was $141M.

This plan identity (EIN 521362793, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $418M to $730M (+74.8%) while covered participants moved from 18,198 to 19,560 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 18,198 $418M Open filing
2023 20,496 $559M This page
2024 · index core 19,560 $730M Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to University of Maryland Medical System 403(b) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did University of Maryland Medical System 403(b) Retirement Savings Plan assets move in 2023?
University of Maryland Medical System 403(b) Retirement Savings Plan surged - up 33.8% during 2023, from $418M to $559M. Reported net income was $141M.
How have University of Maryland Medical System Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), University of Maryland Medical System Corporation's sponsor-wide assets grew 18.7%, from $1.9B to $2.3B.
Where does University of Maryland Medical System 403(b) Retirement Savings Plan rank by assets among Form 5500 filers?
University of Maryland Medical System 403(b) Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to University of Maryland Medical System 403(b) Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Construction Industry Retirement Fund of Rockford in MI ($564M, 10,685 participants).

Next read for University of Maryland Medical System 40…

Filing takeaways

Ways to act on University of Maryland Medical System 403(b) Retirement Savings Plan's numbers.