Defined Benefit (Pension) · DOL Form 5500 · 2023

Service Benefit Plan Administrative Services Corporation Pension Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
144
Participants Small participant base
86th
Percentile by assets National rank
$381,333
Avg per participant High balance/head
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Official DOL plan name: Service Benefit Plan Administrative Services Corp. Retirement Plan · Sponsored by Service Benefit Plan Administrative Services Corporation · Maryland · Finance & Insurance

$55M in assets, 144 participants

Service Benefit Plan Administrative Services Corporation's Service Benefit Plan Administrative Services Corp. Retirement Plan reported $55M in total assets and 144 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,031 in Finance & Insurance (8,869 peers)

Coverage in Maryland

Service Benefit Plan Administrative Services Corp. Retirement Plan covers 144 participants in Maryland, about 15% of the average Maryland filer (state average ~929 per filing). Assets: $55M.

#7,031
in Finance & Insurance (8,869 peers)
+12.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Service Benefit Plan Administrative Services Corp. Retirement Plan's outsized position by total assets

Service Benefit Plan Administrative Services Corp. Retirement Plan vs every filed plan by assets

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

$54,912,000 Top 14% higher than 86% 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

Service Benefit Plan Administrative Services Corp. Retirement 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. Service Benefit Plan Administrative Services Corp. Retirement Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Service Benefit Plan Administrative Services Corp. Retirement Plan reported net income rose from -$16M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Service Benefit Plan Administrative Services Corp. Retirement Plan end-of-year assets rose from $49M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Service Benefit Plan Administrative Services Corp. Retirement Plan reported participants fell from 160 in the plan year 2022 filing to 144 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 201907367 · Service Benefit Plan Administrative Services Corporation PY 2023 · Defined Benefit (Pension)

Service Benefit Plan Administrative Services Corp. Retirement Plan · $55M · 144 · 86th

  • EBSA $55M
  • EBSA 144
  • EBSA 86th
  • EBSA Defined Benefit (Pension)
  • EBSA near The Consolidated Retirement Plan
  • EBSA ind #7031

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 Finance & Insurance retirement plans → · Plans in Maryland →

Service Benefit Plan Administrative Services Corp. Retirement Plan in the asset neighbourhood

Pension Plan of the Florida Trowel Trades Pension Trust FundPension Plan of the Florida …$55MWabtec Consolidated Pension PlanWabtec Consolidated Pension …$55MThe Okonite Company Hourly Employees Pension PlanThe Okonite Company Hourly E…$55MThe Consolidated Retirement PlanThe Consolidated Retirement …$55MService Benefit Plan Administrative Services Corp. Retirement PlanService Benefit Plan Adminis…$55M
End-of-year total assets ($M) among Service Benefit Plan Administrative Services Corp. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$55M
Net Income$6M
Employer EIN201907367
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Service Benefit Plan Administrative Services Corporation)

Sponsor-wide plan assets over time

All Service Benefit Plan Administrative Services Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$53M 8.901379662749106% vs 2022
2024 filing year
$48M$50M$52M$54M$56M 202220232024 $48.9M $53.3M ▲ +8.9%
Year Plans Participants Total Assets
2022 1 160 $49M
2023 1 144 $55M
2024 1 135 $53M

Nearby Defined Benefit (Pension) Plans in Maryland

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Service Benefit Plan Administrative Services Corp. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Service Benefit Plan Administrative Services Corp. Retirement Plan, Total assets ($B): 0.054912 · Participants: 144Service Benefit Plan Administrative Services Corp. Retirement PlanNational Electrical Benefit Fund, Total assets ($B): 18.88881693 · Participants: 323315National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.434547593 · Participants: 19673Lockheed Martin Corporation Salaried Employee Retirement ProgramMajor League Baseball Players Pension Plan, Total assets ($B): 4.648661647 · Participants: 1087Major League Baseball Players Pension PlanNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.493297428 · Participants: 15047National Automatic Sprinkler Industry Pension FundInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 4.223547088 · Participants: 44973International Painters and Allied Trades Industry Pension Plan
Service Benefit Plan Administrative Services Corp. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Service Benefit Plan Administrative Services Corp. Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is The Consolidated Retirement Plan in TX ($55M); by covered participants it is Tempel Employees Pension Plan in IL (144 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Service Benefit Plan Administrative Services Corp. Retirement Plan assets move in 2023?
Service Benefit Plan Administrative Services Corp. Retirement Plan grew at a solid clip - up 12.2% during 2023, from $49M to $55M. Reported net income was $6M.
How have Service Benefit Plan Administrative Services Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Service Benefit Plan Administrative Services Corporation's sponsor-wide assets grew 8.9%, from $49M to $53M.
Where does Service Benefit Plan Administrative Services Corp. Retirement Plan rank by assets among Form 5500 filers?
Service Benefit Plan Administrative Services Corp. Retirement Plan ranks in the 86th 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 Defined Benefit (Pension) plans are similar in size to Service Benefit Plan Administrative Services Corp. Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Consolidated Retirement Plan in TX ($55M, 11 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Service Benefit Plan Administrative Services Corp. Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Tempel Employees Pension Plan in IL (144 participants, $56M in assets).