ESOP · DOL Form 5500 · 2023
The Severn Group, Inc. ESOP
Data updated 2026-08-11
- $21M
- Total assets
- 46
- Participants
- 74th
- Percentile by assets
- $457,767
- Avg per participant
Official DOL plan name: The Severn Group Employee Stock Ownership Plan · Sponsored by The Severn Group, Inc. · Massachusetts · Construction
$21M in assets, 46 participants
The Severn Group, Inc.'s The Severn Group Employee Stock Ownership Plan reported $21M in total assets and 46 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.
- 74th percentile by assets (of 127,072 plans)
- #6,517 in Construction (9,030 peers)
The Severn Group, Inc. multi-year trail
The Severn Group, Inc.'s plans moved +2181.3% in assets from 2022 to 2024; this filing shows The Severn Group Employee Stock Ownership Plan at $21M / 46 participants.
- $21M
- total plan assets (2023 EOY)
- 46
- covered participants
- 74th
- percentile by assets (of 127,072 plans)
- $457,767
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Severn Group, Inc. across 3 plan years on file
Across the 3 plan years The Severn Group, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $2M to $40M, a gain of 2181.3%, while reported participants moved from 54 to 133 (+146.3%). Peak year by sponsor assets: 2024 ($40M); trough: 2022 ($2M).
The Severn Group, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 54 | $2M |
| 2023 | 2 | 109 | $24M |
| 2024 | 2 | 133 | $40M |
The Severn Group, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | N/A |
|---|---|
| Net Assets (End of Year) | -$4M |
| Net Income | -$4M |
| Employer EIN | 550796211 |
| Plan Effective Date | 2023-10-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Massachusetts
Peer ESOP plans, same state, same plan type, ranked by total assets.
The Severn Group Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
- Consigli Building Group Employee Stock Ownership Plan $612M · 1,511
- The Gillette Company Employee Stock Ownership Plan $349M · 174
- Shawmut Group Employee Stock Ownership Plan $274M · 716
- First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan $245M · 641
- Eastern Bank Employee Stock Ownership Plan $213M · 1,778
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to The Severn Group Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on The Severn Group Employee Stock Ownership Plan's numbers.
- By total assets, The Severn Group Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Massachusetts. Compare plans
- The Severn Group, Inc.'s sponsor-wide assets have grown 2181.3% since 2022 across 3 plan years on file. More Construction plans