401(k) · DOL Form 5500 · 2023

Southern Md Electric Cooperative 401(k) Plan

Data updated 2026-08-25

$115M
Total assets Near avg plan size
228
Participants Below avg headcount
92nd
Percentile by assets National rank
$506,355
Avg per participant High balance/head
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Official DOL plan name: Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan · Sponsored by Southern Md Electric Cooperative · Maryland · Utilities

$115M in assets, 228 participants

Southern Md Electric Cooperative's Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan reported $115M in total assets and 228 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #466 in Utilities (721 peers)

Coverage in Maryland

Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan covers 228 participants in Maryland, about 25% of the average Maryland filer (state average ~929 per filing). Assets: $115M.

#466
in Utilities (721 peers)
+13.8%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan's outsized position by total assets

Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan vs every filed plan by assets

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

$115,448,905 Top 8% higher than 92% 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

Southern Maryland Electric Cooperative, Inc Management Employees' 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. Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan sits mid-pack in the medium band (228 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan reported net income rose from -$10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan end-of-year assets rose from $101M in the plan year 2022 filing to $115M in the plan year 2023 filing.
  • Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan reported participants rose from 213 in the plan year 2022 filing to 228 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 520492367 · Southern Md Electric Cooperative PY 2023 · 401(k)

Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan · $115M · 228 · 92nd

  • BOY $115M
  • BOY 228
  • BOY 92nd
  • BOY 401(k)
  • BOY near Bohler Engineering P.C. 401(k) Plan
  • BOY ind #466

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 →

Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan in the asset neighbourhood

National Technical Systems 401(k) Profit Sharing PlanNational Technical Systems 4…$116MThe Cape Cod Five Cents Savings Bank 401(k) PlanThe Cape Cod Five Cents Savi…$116MFiskars Group 401(k) Retirement Savings PlanFiskars Group 401(k) Retirem…$115MSouthern Maryland Electric Cooperative, Inc Management Employees' 401(k) PlanSouthern Maryland Electric C…$115MBohler Engineering P.C. 401(k) PlanBohler Engineering P.C. 401(…$115M
End-of-year total assets ($M) among Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$115M
Net Income$13M
Employer EIN520492367
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Md Electric Cooperative)

Sponsor-wide plan assets over time

All Southern Md Electric Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$314M 15.500180731710984% vs 2022
2024 filing year
$260M$280M$300M$320M 202220232024 $272M $314M ▲ +15.5%
Year Plans Participants Total Assets
2022 3 721 $272M
2023 3 733 $301M
2024 3 752 $314M

Nearby 401(k) Plans in Maryland

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

Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan, Total assets ($B): 0.115448905 · Participants: 228Southern Maryland Electric Cooperative, Inc Management Employees' 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
Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Bohler Engineering P.C. 401(k) Plan in NJ ($115M); by covered participants it is Cam Properties 401(k) Plan in AZ (228 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (228 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 Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan assets move in 2023?
Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan grew at a solid clip - up 13.8% during 2023, from $101M to $115M. Reported net income was $13M.
How have Southern Md Electric Cooperative plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Md Electric Cooperative's sponsor-wide assets grew 15.5%, from $272M to $314M.
Where does Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan rank by assets among Form 5500 filers?
Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bohler Engineering P.C. 401(k) Plan in NJ ($115M, 871 participants).
Which 401(k) plans cover a similar participant headcount to Southern Maryland Electric Cooperative, Inc Management Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Cam Properties 401(k) Plan in AZ (228 participants, $2M in assets).