Money Purchase · DOL Form 5500 · 2024

Semmes, Bowen & Semmes Money Purchase Plan

Data updated 2026-08-11

$28M
Total assets
127
Participants
76th
Percentile by assets
$221,889
Avg per participant
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Official DOL plan name: Semmes, Bowen & Semmes Pension Plan · Sponsored by Semmes, Bowen & Semmes · Maryland · Professional & Technical Services

$28M in assets, 127 participants

Semmes, Bowen & Semmes's Semmes, Bowen & Semmes Pension Plan reported $28M in total assets and 127 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • 76th percentile by assets (of 123,622 plans)
  • #15,396 in Professional & Technical Services (20,173 peers)

Coverage in Maryland

Semmes, Bowen & Semmes Pension Plan covers 127 participants in Maryland, about 14% of the average Maryland filer (state average ~929 per filing). Assets: $28M.

$28M
total plan assets (2024 EOY)
127
covered participants
76th
percentile by assets (of 123,622 plans)
$221,889
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Semmes, Bowen & Semmes Pension Plan reported net income fell from $714K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Semmes, Bowen & Semmes Pension Plan reported participants rose from 103 in the plan year 2023 filing to 127 in the plan year 2024 filing.
  • Semmes, Bowen & Semmes Pension Plan end-of-year assets fell from $29M in the plan year 2023 filing to $28M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Semmes, Bowen & Semmes Pension Plan reports 127 participants - about 14% of that state average ($28M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$28M
Net Income-$1M
Employer EIN521955555
Plan Effective Date1969-02-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Semmes, Bowen & Semmes)

$41M$42M$43M$44M 202220232024 $41.3M $42.9M ▲ +3.9%
Total plan assets by year, all Semmes, Bowen & Semmes plans on file
Year Plans Participants Total Assets
2022 2 243 $41M
2023 2 247 $43M
2024 2 272 $43M

Nearby Money Purchase Plans in Maryland

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Semmes, Bowen & Semmes Pension Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants

Semmes, Bowen & Semmes Pension Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Semmes, Bowen & Semm…National Electrical …The Johns Hopkins Un…Meba Pension Trust-M…Seafarers Money Purc…Defined Contribution…
Semmes, Bowen & Semmes Pension Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Semmes, Bowen & Semmes Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Semmes, Bowen & Semmes Pension Plan assets move in 2024?
Semmes, Bowen & Semmes Pension Plan edged down modestly - down 3.8% during 2024, from $29M to $28M. Reported net income was -$1M.
How have Semmes, Bowen & Semmes plan assets changed over time?
Across 3 plan years on file (2022-2024), Semmes, Bowen & Semmes's sponsor-wide assets grew 3.9%, from $41M to $43M.
Where does Semmes, Bowen & Semmes Pension Plan rank by assets among Form 5500 filers?
Semmes, Bowen & Semmes Pension Plan ranks in the 76th 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 Money Purchase plans are similar in size to Semmes, Bowen & Semmes Pension Plan?
Among Money Purchase plans in other states, the closest by assets is Critical Care & Pulmonary Consultants, PC, Money Purchase Pension Plan in CO ($28M, 120 participants).

Filing takeaways

Ways to act on Semmes, Bowen & Semmes Pension Plan's numbers.