Profit Sharing · DOL Form 5500 · 2024

University of Maryland Medical System Corporation Profit Sharing Plan

Data updated 2026-08-25

$730M
Total assets Above avg plan size
19,560
Participants Very large workforce
98th
Percentile by assets National rank
$37,345
Avg per participant Low balance/head
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Official DOL plan name: University of Maryland Medical System 403(b) Retirement Savings Plan · Sponsored by University of Maryland Medical System Corporation · Maryland · Healthcare & Social Assistance

$730M in assets, 19,560 participants

University of Maryland Medical System Corporation's University of Maryland Medical System 403(b) Retirement Savings Plan reported $730M in total assets and 19,560 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #16,572 in Healthcare & Social Assistance (16,916 peers)

Coverage in Maryland

University of Maryland Medical System 403(b) Retirement Savings Plan covers 19,560 participants in Maryland, 21x the typical Maryland plan (state average ~929 per filing). Assets: $730M.

#16,572
in Healthcare & Social Assistance (16,916 peers)
+30.6%
assets growth YoY
7.3×
vs typical plan assets (national mean)

University of Maryland Medical System 403(b) Retirement Savings Plan's outsized position by total assets

University of Maryland Medical System 403(b) Retirement Savings Plan vs every filed plan by assets

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

$730,469,763 Top 2% higher than 98% 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

University of Maryland Medical System 403(b) Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. University of Maryland Medical System 403(b) Retirement Savings Plan is a mega filing (19,560 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • University of Maryland Medical System 403(b) Retirement Savings Plan end-of-year assets rose from $559M in the plan year 2023 filing to $730M in the plan year 2024 filing.
  • University of Maryland Medical System 403(b) Retirement Savings Plan reported net income rose from $141M in the plan year 2023 filing to $159M in the plan year 2024 filing.
  • University of Maryland Medical System 403(b) Retirement Savings Plan reported participants fell from 20,496 in the plan year 2023 filing to 19,560 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 521362793 · University of Maryland Medical System Corporation PY 2024 · Profit Sharing

University of Maryland Medical System 403(b) Retirement Savings Plan · $730M · 19,560 · 98th

  • SCH $730M
  • EBSA 19,560
  • PART 98th
  • TYPE Profit Sharing
  • NET near Steamfitters Local Union No. 420 Srp
  • BOOK ind #16572

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 Healthcare & Social Assistance retirement plans → · Plans in Maryland →

University of Maryland Medical System 403(b) Retirement Savings Plan in the asset neighbourhood

Midwest Operating Engineers Retirement EnhancementMidwest Operating Engineers …$758MUniversity of Maryland Medical System 403(b) Retirement Savings PlanUniversity of Maryland Medic…$730MSteamfitters Local Union No. 420 SrpSteamfitters Local Union No.…$728MSteamfitters' Industry Supplemental Retirement FundSteamfitters' Industry Suppl…$724MLoma Linda University Faculty Medical Group Multiple Employer Retirement PlanLoma Linda University Facult…$700M
End-of-year total assets ($M) among University of Maryland Medical System 403(b) Retirement Savings Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$559M
Net Assets (End of Year)$730M
Net Income$159M
Employer EIN521362793
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (University of Maryland Medical System Corporation)

Sponsor-wide plan assets over time

All University of Maryland Medical System Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$2.3B 18.730400127903586% vs 2022
2024 filing year
$1.8B$2B$2.2B$2.4B 202220232024 $1.94B $2.3B ▲ +18.6%
Year Plans Participants Total Assets
2022 7 36,724 $1.9B
2023 8 36,780 $2.2B
2024 9 34,534 $2.3B

Nearby Profit Sharing Plans in Maryland

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

University of Maryland Medical System 403(b) Retirement Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. 0100002000030000 01234 Total assets ($B) Participants University of Maryland Medical System 403(b) Retirement Savings Plan, Total assets ($B): 0.730469763 · Participants: 19560University of Maryland Medical System 403(b) Retirement Savings PlanSprinkler Industry Supplemental Pension Fund, Total assets ($B): 3.329766186 · Participants: 28393Sprinkler Industry Supplemental Pension FundNfl Player Annuity Program, Total assets ($B): 1.965106048 · Participants: 2745Nfl Player Annuity ProgramNfl Player Capital Accumulation Plan, Total assets ($B): 0.706794055 · Participants: 2693Nfl Player Capital Accumulation PlanInternational Painters and Allied Trades Industry Annuity Plan, Total assets ($B): 0.64371577 · Participants: 10721International Painters and Allied Trades Industry Annuity PlanSteamfitters Local 602 Retirement Savings Plan Savings Plan, Total assets ($B): 0.521975804 · Participants: 4949Steamfitters Local 602 Retirement Savings Plan Savings Plan
University of Maryland Medical System 403(b) Retirement Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Scale composition for University of Maryland Medical System 403(b) Retirement Savings Plan

University of Maryland Medical System 403(b) Retirement Savings Plan reports $730M in end-of-year assets across 19,560 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $37,345 per participant (27% of the national average assets-per-participant) . Net income for plan year 2024 was $159M.

This plan identity (EIN 521362793, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $418M to $730M (+74.8%) while covered participants moved from 18,198 to 19,560 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 18,198 $418M Open filing
2023 20,496 $559M Open filing
2024 · index core 19,560 $730M This page

The same sponsor also keeps 4 other index-core plans on PlainRetire:

University of Maryland Medical System 403(b) Retirement Savings Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Maryland, the nearest Profit Sharing by assets is Steamfitters Local Union No. 420 Srp in PA ($728M); by covered participants it is Intel Retirement Contribution Plan in CA (19,044 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19,560 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 University of Maryland Medical System 403(b) Retirement Savings Plan assets move in 2024?
University of Maryland Medical System 403(b) Retirement Savings Plan surged - up 30.6% during 2024, from $559M to $730M. Reported net income was $159M.
How have University of Maryland Medical System Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), University of Maryland Medical System Corporation's sponsor-wide assets grew 18.7%, from $1.9B to $2.3B.
Where does University of Maryland Medical System 403(b) Retirement Savings Plan rank by assets among Form 5500 filers?
University of Maryland Medical System 403(b) Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to University of Maryland Medical System 403(b) Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Steamfitters Local Union No. 420 Srp in PA ($728M, 6,716 participants).
Which Profit Sharing plans cover a similar participant headcount to University of Maryland Medical System 403(b) Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Intel Retirement Contribution Plan in CA (19,044 participants, $7.3B in assets).