401(k) · DOL Form 5500 · 2024

Southern Maryland Electric Coop. 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
313
Participants Below avg headcount
88th
Percentile by assets National rank
$224,686
Avg per participant Above avg balance/head
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Official DOL plan name: Southern Maryland Electric Cooperative, Inc. · Sponsored by Southern Maryland Electric Coop. · Maryland · Utilities

$70M in assets, 313 participants

Southern Maryland Electric Coop.'s Southern Maryland Electric Cooperative, Inc. reported $70M in total assets and 313 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.

  • #410 in Utilities (732 peers)

Coverage in Maryland

Southern Maryland Electric Cooperative, Inc. covers 313 participants in Maryland, about 34% of the average Maryland filer (state average ~929 per filing). Assets: $70M.

#410
in Utilities (732 peers)
+10.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Southern Maryland Electric Cooperative, Inc.'s outsized position by total assets

Southern Maryland Electric Cooperative, Inc. vs every filed plan by assets

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

$70,326,861 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

Southern Maryland Electric Cooperative, Inc. 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. Southern Maryland Electric Cooperative, Inc. sits mid-pack in the medium band (313 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Maryland Electric Cooperative, Inc. end-of-year assets rose from $64M in the plan year 2023 filing to $70M in the plan year 2024 filing.
  • Southern Maryland Electric Cooperative, Inc. reported participants rose from 293 in the plan year 2023 filing to 313 in the plan year 2024 filing.
  • Southern Maryland Electric Cooperative, Inc. reported net income fell from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 520492367 · Southern Maryland Electric Coop. PY 2024 · 401(k)

Southern Maryland Electric Cooperative, Inc. · $70M · 313 · 88th

  • TYPE $70M
  • TYPE 313
  • TYPE 88th
  • TYPE 401(k)
  • TYPE near International Union of Operating Engineers Local 324 Retirement Trust Fund
  • TYPE ind #410

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 →

Southern Maryland Electric Cooperative, Inc. in the asset neighbourhood

International Union of Operating Engineers Local 324 Retirement Trust FundInternational Union of Opera…$70MTrading Technologies 401(k) PlanTrading Technologies 401(k) …$70MSouthern Maryland Electric Cooperative, Inc.Southern Maryland Electric C…$70MAmerivet Veterinary Partners 401(k) PlanAmerivet Veterinary Partners…$70MBumble Bee Foods, LLC 401(k) PlanBumble Bee Foods, LLC 401(k)…$70M
End-of-year total assets ($M) among Southern Maryland Electric Cooperative, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$70M
Net Income$10M
Employer EIN520492367
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Maryland Electric Coop.)

Sponsor-wide plan assets over time

All Southern Maryland Electric Coop. plans reported in each filing year

Latest sponsor-wide plan assets
$314M 15.500180731710984% vs 2022
2024 filing year
$260M$280M$300M$320M 202220232024 $272M $314M ▲ +15.5%
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 Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Southern Maryland Electric Cooperative, Inc., Total assets ($B): 0.070326861 · Participants: 313Southern Maryland Electric Cooperative, Inc.Lockheed 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
Southern Maryland Electric Cooperative, Inc. vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Southern Maryland Electric Cooperative, Inc. side-by-side with 3 peers →

Southern Maryland Electric Cooperative, Inc.'s out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is International Union of Operating Engineers Local 324 Retirement Trust Fund in MI ($70M); by covered participants it is 403(b) Thrift Plan of Waypoint in NH (313 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (313 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 Southern Maryland Electric Cooperative, Inc. assets move in 2024? ▼
Southern Maryland Electric Cooperative, Inc. grew at a solid clip - up 10.2% during 2024, from $64M to $70M. Reported net income was $10M.
How have Southern Maryland Electric Coop. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Maryland Electric Coop.'s sponsor-wide assets grew 15.5%, from $272M to $314M.
Where does Southern Maryland Electric Cooperative, Inc. rank by assets among Form 5500 filers? ▼
Southern Maryland Electric Cooperative, Inc. 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 Southern Maryland Electric Cooperative, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is International Union of Operating Engineers Local 324 Retirement Trust Fund in MI ($70M, 1,692 participants).
Which 401(k) plans cover a similar participant headcount to Southern Maryland Electric Cooperative, Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is 403(b) Thrift Plan of Waypoint in NH (313 participants, $10M 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 520492367.

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.