401(k) · DOL Form 5500 · 2024

Choptank Electric Cooperative, Inc. 401(k) Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
153
Participants Small participant base
88th
Percentile by assets National rank
$500,532
Avg per participant High balance/head
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Official DOL plan name: Choptank Electric Cooperative 401(k) Plan · Sponsored by Choptank Electric Cooperative, Inc. · Maryland · Utilities

$77M in assets, 153 participants

Choptank Electric Cooperative, Inc.'s Choptank Electric Cooperative 401(k) Plan reported $77M in total assets and 153 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #423 in Utilities (732 peers)

Coverage in Maryland

Choptank Electric Cooperative 401(k) Plan covers 153 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $77M.

#423
in Utilities (732 peers)
+15.6%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Choptank Electric Cooperative 401(k) Plan's outsized position by total assets

Choptank Electric Cooperative 401(k) Plan vs every filed plan by assets

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

$76,581,444 Top 12% higher than 88% 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

Choptank Electric Cooperative 401(k) 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. Choptank Electric Cooperative 401(k) Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Choptank Electric Cooperative 401(k) Plan end-of-year assets rose from $66M in the plan year 2023 filing to $77M in the plan year 2024 filing.
  • Choptank Electric Cooperative 401(k) Plan reported net income fell from $12M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Choptank Electric Cooperative 401(k) Plan reported participants rose from 142 in the plan year 2023 filing to 153 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 520271943 · Choptank Electric Cooperative, Inc. PY 2024 · 401(k)

Choptank Electric Cooperative 401(k) Plan · $77M · 153 · 88th

  • EOY $77M
  • EOY 153
  • EOY 88th
  • EOY 401(k)
  • EOY near Great Day Improvements, LLC 401(k) Plan
  • EOY ind #423

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 Utilities retirement plans → · Plans in Maryland →

Choptank Electric Cooperative 401(k) Plan in the asset neighbourhood

Sdg Mgmt Company, LLC 401(k) PlanSdg Mgmt Company, LLC 401(k)…$77MChoptank Electric Cooperative 401(k) PlanChoptank Electric Cooperativ…$77MGreat Day Improvements, LLC 401(k) PlanGreat Day Improvements, LLC …$77MChevron Federal Credit Union 401(k) PlanChevron Federal Credit Union…$77MIfit Inc. 401(k) Plan$77M
End-of-year total assets ($M) among Choptank Electric Cooperative 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$77M
Net Income$10M
Employer EIN520271943
Plan Effective Date2020-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Choptank Electric Cooperative, Inc.)

Sponsor-wide plan assets over time

All Choptank Electric Cooperative, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 41.241263766406334% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $54.2M $76.6M ▲ +41.2%
Year Plans Participants Total Assets
2022 2 257 $54M
2023 1 142 $66M
2024 1 153 $77M

Nearby 401(k) Plans in Maryland

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

Choptank Electric Cooperative 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Choptank Electric Cooperative 401(k) Plan, Total assets ($B): 0.076581444 · Participants: 153Choptank Electric Cooperative 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Choptank Electric Cooperative 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Choptank Electric Cooperative 401(k) Plan side-by-side with 3 peers →

Choptank Electric Cooperative 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Great Day Improvements, LLC 401(k) Plan in OH ($77M); by covered participants it is American Guardian Warranty 401(k) Plan in IL (153 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($77M here).

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Choptank Electric Cooperative 401(k) Plan assets move in 2024? ▼
Choptank Electric Cooperative 401(k) Plan grew sharply - up 15.6% during 2024, from $66M to $77M. Reported net income was $10M.
How have Choptank Electric Cooperative, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Choptank Electric Cooperative, Inc.'s sponsor-wide assets grew 41.2%, from $54M to $77M.
Where does Choptank Electric Cooperative 401(k) Plan rank by assets among Form 5500 filers? ▼
Choptank Electric Cooperative 401(k) Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Choptank Electric Cooperative 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Great Day Improvements, LLC 401(k) Plan in OH ($77M, 2,908 participants).
Which 401(k) plans cover a similar participant headcount to Choptank Electric Cooperative 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is American Guardian Warranty 401(k) Plan in IL (153 participants, N/A 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 520271943.

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.