Profit Sharing · DOL Form 5500 · 2023
University of Maryland Medical System Corporation Profit Sharing Plan
Data updated 2026-08-11
- $475M
- Total assets
- 6,953
- Participants
- 97th
- Percentile by assets
- $68,322
- Avg per participant
Official DOL plan name: University of Maryland Medical System 401(a) Defined Contribution Plan · Sponsored by University of Maryland Medical System Corporation · Maryland · Healthcare & Social Assistance
$475M in assets, 6,953 participants
University of Maryland Medical System Corporation's University of Maryland Medical System 401(a) Defined Contribution Plan reported $475M in total assets and 6,953 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 127,072 plans)
- #17,248 in Healthcare & Social Assistance (17,684 peers)
Coverage in Maryland
University of Maryland Medical System 401(a) Defined Contribution Plan covers 6,953 participants in Maryland, 7.5x the typical Maryland plan (state average ~929 per filing). Assets: $475M.
- $475M
- total plan assets (2023 EOY)
- 6,953
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $68,322
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- University of Maryland Medical System 401(a) Defined Contribution Plan reported net income rose from -$113M in the plan year 2022 filing to $62M in the plan year 2023 filing.
- University of Maryland Medical System 401(a) Defined Contribution Plan end-of-year assets rose from $413M in the plan year 2022 filing to $475M in the plan year 2023 filing.
- University of Maryland Medical System 401(a) Defined Contribution Plan reported participants fell from 7,605 in the plan year 2022 filing to 6,953 in the plan year 2023 filing.
Participants vs Maryland filers
In Maryland, the average filing covers about 929 participants across 2,484 plans. University of Maryland Medical System 401(a) Defined Contribution Plan reports 6,953 participants - 7.5x that state average ($475M EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $413M |
|---|---|
| Net Assets (End of Year) | $475M |
| Net Income | $62M |
| Employer EIN | 521362793 |
| Plan Effective Date | 1984-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (University of Maryland Medical System Corporation)
| 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 401(a) Defined Contribution Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants
- Sprinkler Industry Supplemental Pension Fund $2.6B · 25,150
- Nfl Player Annuity Program $1.7B · 2,736
- Major League Baseball Players Investment Plan $1.1B · 4,293
- International Painters and Allied Trades Industry Annuity Plan $622M · 10,625
- Nfl Player Capital Accumulation Plan $617M · 2,701
Scale composition for University of Maryland Medical System 401(a) Defined Contribution Plan
University of Maryland Medical System 401(a) Defined Contribution Plan reports $475M in end-of-year assets across 6,953 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $68,322 per participant (49% of the national average assets-per-participant) . Net income for plan year 2023 was $62M.
This plan identity (EIN 521362793, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $413M to $515M (+24.8%) while covered participants moved from 7,605 to 6,423 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,605 | $413M | Open filing |
| 2023 | 6,953 | $475M | This page |
| 2024 · index core | 6,423 | $515M | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Umms Voluntary 403(b) Plan (Other, $793M, 5,024 participants)
- University of Maryland Medical System 403(b) Retirement Savings Plan (Profit Sharing, $730M, 19,560 participants)
- University of Maryland Medical System 401(a) Defined Contribution Plan (Profit Sharing, $515M, 6,423 participants)
- University of Maryland Medical System Corporation Pension Plan (Defined Benefit (Pension), $157M, 1,532 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to University of Maryland Medical System 401(a) Defined Contribution Plan by total assets, not by location.
- Ballad Health 401(a) Plan (TN) $478M · 5,420
- Multicare Health System Retirement Account Plan (WA) $478M · 11,441
- I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B (NV) $481M · 4,139
- Iuoe Local 30 Annuity Fund (NY) $483M · 4,593
Frequently Asked Questions
How did University of Maryland Medical System 401(a) Defined Contribution Plan assets move in 2023? ▼
How have University of Maryland Medical System Corporation plan assets changed over time? ▼
Where does University of Maryland Medical System 401(a) Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to University of Maryland Medical System 401(a) Defined Contribution Plan? ▼
Next read for University of Maryland Medical System 40…
Filing takeaways
Ways to act on University of Maryland Medical System 401(a) Defined Contribution Plan's numbers.
- By total assets, University of Maryland Medical System 401(a) Defined Contribution Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Maryland. Compare plans
- University of Maryland Medical System Corporation's sponsor-wide assets have grown 18.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans