401(k) · DOL Form 5500 · 2024

The Severn Group, Inc. 401(k) Plan

Data updated 2026-08-11

$3M
Total assets
76
Participants
36th
Percentile by assets
$44,752
Avg per participant
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Official DOL plan name: The Severn Group 401(k) Plan · Sponsored by The Severn Group, Inc. · Maryland · Construction

$3M in assets, 76 participants

The Severn Group, Inc.'s The Severn Group 401(k) Plan reported $3M in total assets and 76 participants in its 2024 DOL Form 5500 filing, ranking in the 36th 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.

  • 36th percentile by assets (of 123,622 plans)
  • #3,116 in Construction (9,039 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 401(k) Plan at $3M / 76 participants.

$3M
total plan assets (2024 EOY)
76
covered participants
36th
percentile by assets (of 123,622 plans)
$44,752
avg assets per participant

Where The Severn Group 401(k) Plan sits by total assets

The Severn Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,401,116 36th percentile higher than 36% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Severn Group 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $570K in the plan year 2024 filing.
  • The Severn Group 401(k) Plan reported participants rose from 63 in the plan year 2023 filing to 76 in the plan year 2024 filing.
  • The Severn Group 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

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

$-20M$0M$20M$40M$60M 202220232024 $1.74M $39.6M ▲ +2175.9%
Total plan assets by year, all The Severn Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 54 $2M
2023 2 109 $24M
2024 2 133 $40M

The Severn Group, Inc. filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$570K
Employer EIN550796211
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

The Severn Group 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

The Severn Group 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants The Severn Group 401…Lockheed Martin Corp…Marriott Retirement …T. Rowe Price U.S. R…Nfl Player Second Ca…Lockheed Martin Corp…
The Severn Group 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Severn Group 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did The Severn Group 401(k) Plan assets move in 2024?
The Severn Group 401(k) Plan grew sharply - up 20.1% during 2024, from $3M to $3M. Reported net income was $570K.
How have The Severn Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Severn Group, Inc.'s sponsor-wide assets grew 2181.3%, from $2M to $40M.
Which 401(k) plans are similar in size to The Severn Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Aquafil O'mara, Inc. 401(k) Profit Sharing Plan and Trust in NC ($3M, 112 participants).

Next read for The Severn Group 401(k) Plan

Multi-year trail

Ways to act on The Severn Group 401(k) Plan's numbers.