401(k) · DOL Form 5500 · 2024
Cowan Systems, LLC 401(k) Plan
Data updated 2026-08-25
- $37M
- Total assets Below avg plan size
- 2,150
- Participants Near avg headcount
- 80th
- Percentile by assets National rank
- $16,981
- Avg per participant Low balance/head
Official DOL plan name: Cowan Systems 401(k) Profit Sharing Plan · Sponsored by Cowan Systems, LLC · Maryland · Transportation & Warehousing
$37M in assets, 2,150 participants
Cowan Systems, LLC's Cowan Systems 401(k) Profit Sharing Plan reported $37M in total assets and 2,150 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.
- #2,611 in Transportation & Warehousing (3,299 peers)
Coverage in Maryland
Cowan Systems 401(k) Profit Sharing Plan covers 2,150 participants in Maryland, 2.3x the typical Maryland plan (state average ~929 per filing). Assets: $37M.
- #2,611
- in Transportation & Warehousing (3,299 peers)
- -1.3%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $481K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Cowan Systems 401(k) Profit Sharing Plan's outsized position by total assets
Cowan Systems 401(k) Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$36,509,234 Top 20% higher than 80% 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
Cowan Systems 401(k) Profit Sharing Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cowan Systems 401(k) Profit Sharing Plan lands in the large band (2,150 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cowan Systems 401(k) Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to -$481K in the plan year 2024 filing.
- Cowan Systems 401(k) Profit Sharing Plan reported participants fell from 2,273 in the plan year 2023 filing to 2,150 in the plan year 2024 filing.
- Cowan Systems 401(k) Profit Sharing Plan end-of-year assets fell from $37M in the plan year 2023 filing to $37M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 562537962 · Cowan Systems, LLC PY 2024 · 401(k)
Cowan Systems 401(k) Profit Sharing Plan · $37M · 2,150 · 80th
- NET $37M
- BOOK 2,150
- VS-ST 80th
- BOY 401(k)
- SCH near The Wright Center for Graduate Medical Education 403(b) Plan
- EBSA ind #2611
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 Transportation & Warehousing retirement plans → · Plans in Maryland →
Cowan Systems 401(k) Profit Sharing Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $37M |
|---|---|
| Net Assets (End of Year) | $37M |
| Net Income | -$481K |
| Employer EIN | 562537962 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cowan Systems, LLC)
Sponsor-wide plan assets over time
All Cowan Systems, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $37M 15.781432289813443% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,059 | $32M |
| 2023 | 1 | 2,273 | $37M |
| 2024 | 1 | 2,150 | $37M |
Nearby 401(k) Plans in Maryland
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Cowan Systems 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Maryland, the nearest 401(k) by assets is The Wright Center for Graduate Medical Education 403(b) Plan in PA ($37M); by covered participants it is Renesas Electronics America Inc. 401(k) Plan in CA (2,150 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($37M here).
- The Wright Center for Graduate Medical Education 403(b) Plan (PA) $37M · 636
- Murgado Automotive Group 401(k) Plan (FL) $37M · 628
- Ata 401(k) Retirement Savings Plan (DC) $37M · 149
- Ufcw Investment Savings Plan and Trust (OR) $37M · 2,893
Similar participant headcount
Nearest other-state filings by covered participants (2,150 participants); asset peers above are excluded.
- Renesas Electronics America Inc. 401(k) Plan (CA) 2,150 · 0 off
- Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, Inc. 401(k) Savings and Investment Plan (MA) 2,150 · 0 off
- Century Golf 401(k) Savings Plan (TX) 2,150 · 0 off
- Bobby Cox Companies, Inc. 401(k) Savings Plan (TX) 2,150 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.