401(k) · DOL Form 5500 · 2024
Southern Maryland Electric Cooperative 401(k) Plan
Data updated 2026-08-11
- $129M
- Total assets
- 236
- Participants
- 92nd
- Percentile by assets
- $546,695
- Avg per participant
Official DOL plan name: Southern Maryland Electric Cooperative, Inc · Sponsored by Southern Maryland Electric Cooperative · Maryland · Utilities
$129M in assets, 236 participants
Southern Maryland Electric Cooperative's Southern Maryland Electric Cooperative, Inc reported $129M in total assets and 236 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #473 in Utilities (732 peers)
Coverage in Maryland
Southern Maryland Electric Cooperative, Inc covers 236 participants in Maryland, about 25% of the average Maryland filer (state average ~929 per filing). Assets: $129M.
- $129M
- total plan assets (2024 EOY)
- 236
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $546,695
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Southern Maryland Electric Cooperative, Inc reported net income fell from $13M in the plan year 2023 filing to $10M in the plan year 2024 filing.
- Southern Maryland Electric Cooperative, Inc end-of-year assets rose from $115M in the plan year 2023 filing to $129M in the plan year 2024 filing.
- Southern Maryland Electric Cooperative, Inc reported participants rose from 228 in the plan year 2023 filing to 236 in the plan year 2024 filing.
Participants vs Maryland filers
In Maryland, the average filing covers about 929 participants across 2,484 plans. Southern Maryland Electric Cooperative, Inc reports 236 participants - about 25% of that state average ($129M EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $115M |
|---|---|
| Net Assets (End of Year) | $129M |
| Net Income | $10M |
| Employer EIN | 520492367 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Maryland Electric Cooperative)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 721 | $272M |
| 2023 | 3 | 733 | $301M |
| 2024 | 3 | 752 | $314M |
Nearby 401(k) Plans in Maryland
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Southern Maryland Electric Cooperative, Inc 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 Southern Maryland Electric Cooperative, Inc by total assets, not by location.
- Amcon, Cemstone and Tcc Employee Savings Plan (MN) $129M · 990
- Eshares, Inc. 401(k) Plan (CA) $129M · 1,226
- Arauco North America, Inc. Retirement Plan (GA) $129M · 1,130
- U.S. Tsubaki Holdings, Inc. Retirement Plan (IL) $129M · 680
Frequently Asked Questions
How did Southern Maryland Electric Cooperative, Inc assets move in 2024? ▼
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Next read for Southern Maryland Electric Cooperative, …
Filing takeaways
Ways to act on Southern Maryland Electric Cooperative, Inc's numbers.
- By total assets, Southern Maryland Electric Cooperative, Inc ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
- Southern Maryland Electric Cooperative's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Utilities plans