ESOP · DOL Form 5500 · 2023

Systems Connection of Maryland, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
93
Participants Small participant base
34th
Percentile by assets National rank
$28,814
Avg per participant Low balance/head
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Official DOL plan name: Systems Connection of Maryland, Inc. Employee Stock Ownership Plan · Sponsored by Systems Connection of Maryland, Inc. · Maryland · Information & Media

$3M in assets, 93 participants

Systems Connection of Maryland, Inc.'s Systems Connection of Maryland, Inc. Employee Stock Ownership Plan reported $3M in total assets and 93 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #531 in Information & Media (2,818 peers)

Systems Connection of Maryland, Inc. multi-year trail

Systems Connection of Maryland, Inc.'s plans moved +209.1% in assets from 2022 to 2024; this filing shows Systems Connection of Maryland, Inc. Employee Stock Ownership Plan at $3M / 93 participants.

#531
in Information & Media (2,818 peers)
-3.6%
assets change YoY

The plan reported a net loss of $100K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Systems Connection of Maryland, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Information & Media and all filers

Systems Connection of Maryland, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,679,701 34th percentile higher than 34% 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

Systems Connection of Maryland, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Systems Connection of Maryland, Inc. Employee Stock Ownership Plan is a small filing (93 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Systems Connection of Maryland, Inc. Employee Stock Ownership Plan reported net income rose from -$950K in the plan year 2022 filing to -$100K in the plan year 2023 filing.
  • Systems Connection of Maryland, Inc. Employee Stock Ownership Plan reported participants fell from 99 in the plan year 2022 filing to 93 in the plan year 2023 filing.
  • Systems Connection of Maryland, Inc. Employee Stock Ownership Plan end-of-year assets fell from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 521544972 · Systems Connection of Maryland, Inc. PY 2023 · ESOP

Systems Connection of Maryland, Inc. Employee Stock Ownership Plan · $3M · 93 · 34th

  • EOY $3M
  • EOY 93
  • EOY 34th
  • EOY ESOP
  • EOY near Rhoads Co. Employee Stock Ownership Plan
  • EOY ind #531

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 What is an ESOP? → · Plans in Maryland →

Systems Connection of Maryland, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ward Engineering Company Employee Stock Ownership PlanWard Engineering Company Emp…$3MSystems Connection of Maryland, Inc. Employee Stock Ownership PlanSystems Connection of Maryla…$3MRhoads Co. Employee Stock Ownership PlanRhoads Co. Employee Stock Ow…$3MStockmens Bank Employee Stock Ownership Plan and TrustStockmens Bank Employee Stoc…$3MMatrix Construction Services Employee Stock Ownership PlanMatrix Construction Services…$3M
End-of-year total assets ($M) among Systems Connection of Maryland, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Systems Connection of Maryland, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Systems Connection of Maryland, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 209.11106352310492% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $8.77M $27.1M ▲ +208.9%
Year Plans Participants Total Assets
2022 2 195 $9M
2023 2 201 $9M
2024 6 665 $27M

Systems Connection of Maryland, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$100K
Employer EIN521544972
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maryland

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

Systems Connection of Maryland, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Systems Connection of Maryland, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.002679701 · Participants: 93Systems Connection of Maryland, Inc. Employee Stock Ownership PlanEvapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.118445961 · Participants: 1617Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.406851042 · Participants: 3046Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.335744983 · Participants: 1793Kci Technologies, Inc. Employee Stock Ownership PlanBrown Capital Management ESOP, Total assets ($B): 0.320387257 · Participants: 35Brown Capital Management ESOPLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.267392826 · Participants: 5839Lockheed Martin Corporation Capital Accumulation Plan
Systems Connection of Maryland, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants
Compare Systems Connection of Maryland, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Systems Connection of Maryland, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maryland, the nearest ESOP by assets is Rhoads Co. Employee Stock Ownership Plan in NM ($3M); by covered participants it is Twin Mro Employee Stock Ownership Plan in CT (93 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (93 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 Systems Connection of Maryland, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Systems Connection of Maryland, Inc. Employee Stock Ownership Plan edged down modestly - down 3.6% during 2023, from $3M to $3M. Reported net income was -$100K.
How have Systems Connection of Maryland, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Systems Connection of Maryland, Inc.'s sponsor-wide assets grew 209.1%, from $9M to $27M.
Which ESOP plans are similar in size to Systems Connection of Maryland, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Rhoads Co. Employee Stock Ownership Plan in NM ($3M, 29 participants).
Which ESOP plans cover a similar participant headcount to Systems Connection of Maryland, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Twin Mro Employee Stock Ownership Plan in CT (93 participants, $83M 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 521544972.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.