Profit Sharing · DOL Form 5500 · 2023

Greater Baltimore Medical Center, Inc. Profit Sharing Plan

Data updated 2026-08-11

$132M
Total assets
4,218
Participants
93rd
Percentile by assets
$31,274
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Gbmc, Inc. 401(a) Defined Contribution Plan · Sponsored by Greater Baltimore Medical Center, Inc. · Maryland · Healthcare & Social Assistance

$132M in assets, 4,218 participants

Greater Baltimore Medical Center, Inc.'s Gbmc, Inc. 401(a) Defined Contribution Plan reported $132M in total assets and 4,218 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,591 in Healthcare & Social Assistance (17,684 peers)

Coverage in Maryland

Gbmc, Inc. 401(a) Defined Contribution Plan covers 4,218 participants in Maryland, 4.5x the typical Maryland plan (state average ~929 per filing). Assets: $132M.

$132M
total plan assets (2023 EOY)
4,218
covered participants
93rd
percentile by assets (of 127,072 plans)
$31,274
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gbmc, Inc. 401(a) Defined Contribution Plan end-of-year assets rose from $119M in the plan year 2022 filing to $132M in the plan year 2023 filing.
  • Gbmc, Inc. 401(a) Defined Contribution Plan reported net income fell from $14M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Gbmc, Inc. 401(a) Defined Contribution Plan reported participants rose from 3,995 in the plan year 2022 filing to 4,218 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Gbmc, Inc. 401(a) Defined Contribution Plan reports 4,218 participants - 4.5x that state average ($132M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$119M
Net Assets (End of Year)$132M
Net Income$13M
Employer EIN526049658
Plan Effective Date2007-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Greater Baltimore Medical Center, Inc.)

$400M$450M$500M$550M 202220232024 $416M $498M ▲ +19.7%
Total plan assets by year, all Greater Baltimore Medical Center, Inc. plans on file
Year Plans Participants Total Assets
2022 4 9,085 $416M
2023 4 9,421 $461M
2024 4 9,806 $498M

Nearby Profit Sharing Plans in Maryland

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Gbmc, Inc. 401(a) Defined Contribution Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Gbmc, Inc. 401(a) Defined Contribution Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. 050001000015000200002500030000 0123 Total assets ($B) Participants Gbmc, Inc. 401(a) De…Sprinkler Industry S…Nfl Player Annuity P…Major League Basebal…International Painte…Nfl Player Capital A…
Gbmc, Inc. 401(a) Defined Contribution Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Gbmc, Inc. 401(a) Defined Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did Gbmc, Inc. 401(a) Defined Contribution Plan assets move in 2023?
Gbmc, Inc. 401(a) Defined Contribution Plan grew at a solid clip - up 11.1% during 2023, from $119M to $132M. Reported net income was $13M.
How have Greater Baltimore Medical Center, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Greater Baltimore Medical Center, Inc.'s sponsor-wide assets grew 19.7%, from $416M to $498M.
Where does Gbmc, Inc. 401(a) Defined Contribution Plan rank by assets among Form 5500 filers?
Gbmc, Inc. 401(a) Defined Contribution Plan ranks in the 93rd 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 Profit Sharing plans are similar in size to Gbmc, Inc. 401(a) Defined Contribution Plan?
Among Profit Sharing plans in other states, the closest by assets is Iuoe Local 57 Annuity Plan in RI ($132M, 938 participants).

Next read for Gbmc, Inc. 401(a) Defined Contribution P…

Filing takeaways

Ways to act on Gbmc, Inc. 401(a) Defined Contribution Plan's numbers.