401(k) · DOL Form 5500 · 2023

Somerset Community Services, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
419
Participants Below avg headcount
36th
Percentile by assets National rank
$7,087
Avg per participant Low balance/head
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Official DOL plan name: Somerset Community Services, Inc. 401(k) Plan · Sponsored by Somerset Community Services, Inc. · Maryland · Healthcare & Social Assistance

$3M in assets, 419 participants

Somerset Community Services, Inc.'s Somerset Community Services, Inc. 401(k) Plan reported $3M in total assets and 419 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #6,453 in Healthcare & Social Assistance (17,684 peers)

Coverage in Maryland

Somerset Community Services, Inc. 401(k) Plan covers 419 participants in Maryland, about 45% of the average Maryland filer (state average ~929 per filing). Assets: $3M.

#6,453
in Healthcare & Social Assistance (17,684 peers)
+24.0%
assets growth YoY

Somerset Community Services, Inc. 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Somerset Community Services, Inc. 401(k) Plan vs every filed plan by assets

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

$2,969,631 36th percentile higher than 36% 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

Somerset Community Services, Inc. 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. Somerset Community Services, Inc. 401(k) Plan sits mid-pack in the medium band (419 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Somerset Community Services, Inc. 401(k) Plan reported net income rose from -$402K in the plan year 2022 filing to $573K in the plan year 2023 filing.
  • Somerset Community Services, Inc. 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Somerset Community Services, Inc. 401(k) Plan reported participants rose from 409 in the plan year 2022 filing to 419 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 520907036 · Somerset Community Services, Inc. PY 2023 · 401(k)

Somerset Community Services, Inc. 401(k) Plan · $3M · 419 · 36th

  • EOY $3M
  • EOY 419
  • EOY 36th
  • EOY 401(k)
  • EOY near Moen Management, LLC 401(k) Profit Sharing Plan
  • EOY ind #6453

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 Healthcare & Social Assistance retirement plans → · Plans in Maryland →

Somerset Community Services, Inc. 401(k) Plan in the asset neighbourhood

Somerset Community Services, Inc. 401(k) PlanSomerset Community Services,…$3MMoen Management, LLC 401(k) Profit Sharing PlanMoen Management, LLC 401(k) …$3MChappell, Smith & Arden, PA 401(k) Profit Sharing Plan & TrustChappell, Smith & Arden, PA …$3MJeffrey Campbell, LLC 401(k) Profit Sharing PlanJeffrey Campbell, LLC 401(k)…$3MPeer Health Exchange, Inc 401(k) PlanPeer Health Exchange, Inc 40…$3M
End-of-year total assets ($M) among Somerset Community Services, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$573K
Employer EIN520907036
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Somerset Community Services, Inc.)

Sponsor-wide plan assets over time

All Somerset Community Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 46.26896012248684% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M$4M 202220232024 $2.4M $3.5M ▲ +45.8%
Year Plans Participants Total Assets
2022 1 409 $2M
2023 1 419 $3M
2024 1 422 $4M

Nearby 401(k) Plans in Maryland

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

Somerset Community Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Somerset Community Services, Inc. 401(k) Plan, Total assets ($B): 0.002969631 · Participants: 419Somerset Community Services, Inc. 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
Somerset Community Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Somerset Community Services, Inc. 401(k) Plan side-by-side with 3 peers →

Somerset Community Services, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Moen Management, LLC 401(k) Profit Sharing Plan in MN ($3M); by covered participants it is Grecian Delight/Kronos Retirement Savings Plan in IL (419 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (419 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 Somerset Community Services, Inc. 401(k) Plan assets move in 2023? ▼
Somerset Community Services, Inc. 401(k) Plan grew sharply - up 24.0% during 2023, from $2M to $3M. Reported net income was $573K.
How have Somerset Community Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Somerset Community Services, Inc.'s sponsor-wide assets grew 46.3%, from $2M to $4M.
Which 401(k) plans are similar in size to Somerset Community Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Moen Management, LLC 401(k) Profit Sharing Plan in MN ($3M, 3 participants).
Which 401(k) plans cover a similar participant headcount to Somerset Community Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Grecian Delight/Kronos Retirement Savings Plan in IL (419 participants, N/A 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 520907036.

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.