401(k) · DOL Form 5500 · 2023

Security 1 Solutions LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets: 220
Participants Below avg headcount: 39th
Percentile by assets National rank: $16,944
Avg per participant Low balance/head

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Official DOL plan name: Prevailing Multiple Employer Plan · Sponsored by Security 1 Solutions LLC · Maryland · Administrative & Support Services

$4M in assets, 220 participants

Security 1 Solutions LLC's Prevailing Multiple Employer Plan reported $4M in total assets and 220 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.

#2,733 in Administrative & Support Services (4,372 peers)

Coverage in Maryland

Prevailing Multiple Employer Plan covers 220 participants in Maryland, about 24% of the average Maryland filer (state average ~929 per filing). Assets: $4M.

#2,733
in Administrative & Support Services (4,372 peers): +45.2%
assets growth YoY

Prevailing Multiple Employer Plan's mid-pack asset rank among Administrative & Support Services and all filers

Prevailing Multiple Employer Plan vs every filed plan by assets

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

$3,727,731 39th percentile higher than 39% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Prevailing Multiple Employer 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. Prevailing Multiple Employer Plan sits mid-pack in the medium band (220 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Prevailing Multiple Employer Plan reported net income rose from $471K in the plan year 2022 filing to $848K in the plan year 2023 filing.
Prevailing Multiple Employer Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
Prevailing Multiple Employer Plan reported participants rose from 169 in the plan year 2022 filing to 220 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 454454591 · Security 1 Solutions LLC PY 2023 · 401(k)

Prevailing Multiple Employer Plan · $4M · 220 · 39th

PCT $4M
EIN 220
RANK 39th
PHOTO 401(k)
IND near The Clearman's Restaurant Group 401(k) Retirement Plan
EOY ind #2733

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 Administrative & Support Services retirement plans → · Plans in Maryland →

End-of-year total assets ($M) among Prevailing Multiple Employer Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)	$3M
Net Assets (End of Year)	$4M
Net Income	$848K
Employer EIN	454454591
Plan Effective Date	2020-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Security 1 Solutions LLC)

Latest sponsor-wide plan assets: N/A; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	169	$3M
2023	1	220	$4M
2024	1	189	N/A

Nearby 401(k) Plans in Maryland

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

Prevailing Multiple Employer Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Lockheed Martin Corporation Salaried Savings Plan $47.3B · 91,511
Marriott Retirement Savings Plan $10.2B · 96,415
T. Rowe Price U.S. Retirement Program $4.4B · 6,292
Nfl Player Second Career Savings Plan $4.0B · 2,767
Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $2.2B · 80,121

Compare Prevailing Multiple Employer Plan side-by-side with 3 peers →

Prevailing Multiple Employer Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is The Clearman's Restaurant Group 401(k) Retirement Plan in CA ($4M); by covered participants it is Dennelisse Corporation 401(k) Plan in NY (220 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (220 participants); asset peers above are excluded.

Dennelisse Corporation 401(k) Plan (NY) 220 · 0 off
Dickinson Frozen Foods, Inc Employees' 401(k) Profit Sharing Plan (ID) 220 · 0 off
Kiniksa Pharmaceuticals 401(k) Plan (MA) 220 · 0 off
Greenleaf Trust 401(k) Plan (MI) 220 · 0 off

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 Prevailing Multiple Employer Plan assets move in 2023? ▼

Prevailing Multiple Employer Plan surged - up 45.2% during 2023, from $3M to $4M. Reported net income was $848K.

Which 401(k) plans are similar in size to Prevailing Multiple Employer Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Clearman's Restaurant Group 401(k) Retirement Plan in CA ($4M, 193 participants).

Which 401(k) plans cover a similar participant headcount to Prevailing Multiple Employer Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Dennelisse Corporation 401(k) Plan in NY (220 participants, $1M 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 454454591.