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
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
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.
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 (2024)
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | $570K |
| Employer EIN | 550796211 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING 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
- Lockheed Martin Corporation Salaried Savings Plan $51.4B · 96,812
- Marriott Retirement Savings Plan $11.7B · 101,417
- T. Rowe Price U.S. Retirement Program $4.9B · 6,639
- Nfl Player Second Career Savings Plan $4.1B · 2,771
- Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees $3.0B · 18,370
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? ▼
How have The Severn Group, Inc. plan assets changed over time? ▼
Which 401(k) plans are similar in size to The Severn Group 401(k) Plan? ▼
Next read for The Severn Group 401(k) Plan
Multi-year trail
Ways to act on The Severn Group 401(k) Plan's numbers.
- By total assets, The Severn Group 401(k) Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Maryland. 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