ESOP · DOL Form 5500 · 2024

Systems Connection of Maryland, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
115
Participants Small participant base
38th
Percentile by assets National rank
$33,962
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

$4M in assets, 115 participants

Systems Connection of Maryland, Inc.'s Systems Connection of Maryland, Inc. Employee Stock Ownership Plan reported $4M in total assets and 115 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #620 in Information & Media (2,822 peers)

Coverage in Maryland

Systems Connection of Maryland, Inc. Employee Stock Ownership Plan covers 115 participants in Maryland, about 12% of the average Maryland filer (state average ~929 per filing). Assets: $4M.

#620
in Information & Media (2,822 peers)
+3.1%
assets growth YoY

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 2024 · DOL Form 5500

$3,905,653 38th percentile higher than 38% of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Systems Connection of Maryland, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Systems Connection of Maryland, Inc. Employee Stock Ownership Plan reported net income rose from -$100K in the plan year 2023 filing to $17K in the plan year 2024 filing.
  • Systems Connection of Maryland, Inc. Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Systems Connection of Maryland, Inc. Employee Stock Ownership Plan reported participants rose from 93 in the plan year 2023 filing to 115 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 521544972 · Systems Connection of Maryland, Inc. PY 2024 · ESOP

Systems Connection of Maryland, Inc. Employee Stock Ownership Plan · $4M · 115 · 38th

  • SCH $4M
  • SCH 115
  • SCH 38th
  • SCH ESOP
  • SCH near Newcomer Concrete Holdings, Inc. Employee Stock Ownership Plan
  • SCH ind #620

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

Systems Connection of Maryland, Inc. Employee Stock Ownership PlanSystems Connection of Maryla…$4MNewcomer Concrete Holdings, Inc. Employee Stock Ownership PlanNewcomer Concrete Holdings, …$4MBroadstreet Bank, Ssb Employee Stock Ownership PlanBroadstreet Bank, Ssb Employ…$4MPro-Cut Construction Services, Inc. Employee Stock Ownership PlanPro-Cut Construction Service…$4MJeans Warehouse,Inc. Employee Stock Ownership PlanJeans Warehouse,Inc. Employe…$4M
End-of-year total assets ($M) among Systems Connection of Maryland, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$17K
Employer EIN521544972
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Systems Connection of Maryland, Inc.)

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

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): 0.003905653 · Participants: 115Systems Connection of Maryland, Inc. Employee Stock Ownership PlanEvapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.142811894 · Participants: 1803Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.418966511 · Participants: 3167Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.392391805 · Participants: 1918Kci Technologies, Inc. Employee Stock Ownership PlanLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.283619058 · Participants: 7445Lockheed Martin Corporation Capital Accumulation PlanBrown Capital Management ESOP, Total assets ($B): 0.211360737 · Participants: 35Brown Capital Management ESOP
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 Newcomer Concrete Holdings, Inc. Employee Stock Ownership Plan in OH ($4M); by covered participants it is Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust in MN (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Systems Connection of Maryland, Inc. Employee Stock Ownership Plan edged up modestly - up 3.1% during 2024, from $4M to $4M. Reported net income was $17K.
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 Newcomer Concrete Holdings, Inc. Employee Stock Ownership Plan in OH ($4M, 95 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 Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust in MN (115 participants, $64M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.