401(k) · DOL Form 5500 · 2024

Wallace, Montgomery & Associates 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
211
Participants Below avg headcount
83rd
Percentile by assets National rank
$212,366
Avg per participant Above avg balance/head
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Official DOL plan name: Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan · Sponsored by Wallace, Montgomery & Associates · Maryland · Professional & Technical Services

$45M in assets, 211 participants

Wallace, Montgomery & Associates's Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan reported $45M in total assets and 211 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #16,847 in Professional & Technical Services (20,173 peers)

Coverage in Maryland

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan covers 211 participants in Maryland, about 23% of the average Maryland filer (state average ~929 per filing). Assets: $45M.

#16,847
in Professional & Technical Services (20,173 peers)
+18.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan's outsized position by total assets

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan vs every filed plan by assets

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

$44,809,226 Top 17% higher than 83% 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

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing 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. Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan sits mid-pack in the medium band (211 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan reported net income rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan end-of-year assets rose from $38M in the plan year 2023 filing to $45M in the plan year 2024 filing.
  • Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan reported participants rose from 193 in the plan year 2023 filing to 211 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 521051946 · Wallace, Montgomery & Associates PY 2024 · 401(k)

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan · $45M · 211 · 83rd

  • BOOK $45M
  • BOOK 211
  • BOOK 83rd
  • BOOK 401(k)
  • BOOK near Walton Communities, LLC 401(k) Profit Sharing Plan
  • BOOK ind #16847

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 Professional & Technical Services retirement plans → · Plans in Maryland →

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan in the asset neighbourhood

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing PlanWallace, Montgomery & Associ…$45MWalton Communities, LLC 401(k) Profit Sharing PlanWalton Communities, LLC 401(…$45MSciton Inc. 401(k) Profit Sharing Plan & TrustSciton Inc. 401(k) Profit Sh…$45MIps Corporation 401(k) Plan$45MRiverbend Industries Inc. Employees 401(k) Retirement PlanRiverbend Industries Inc. Em…$45M
End-of-year total assets ($M) among Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$45M
Net Income$7M
Employer EIN521051946
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wallace, Montgomery & Associates)

Sponsor-wide plan assets over time

All Wallace, Montgomery & Associates plans reported in each filing year

Latest sponsor-wide plan assets
$45M 38.31622994746578% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $32.4M $44.8M ▲ +38.3%
Year Plans Participants Total Assets
2022 1 194 $32M
2023 1 193 $38M
2024 1 211 $45M

Nearby 401(k) Plans in Maryland

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

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.044809226 · Participants: 211Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing 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
Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Walton Communities, LLC 401(k) Profit Sharing Plan in GA ($45M); by covered participants it is Greater Texas Federal Credit Union 401(k) Plan in TX (211 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (211 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 Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan assets move in 2024?
Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan grew sharply - up 18.6% during 2024, from $38M to $45M. Reported net income was $7M.
How have Wallace, Montgomery & Associates plan assets changed over time?
Across 3 plan years on file (2022-2024), Wallace, Montgomery & Associates's sponsor-wide assets grew 38.3%, from $32M to $45M.
Where does Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan ranks in the 83rd 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 Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Walton Communities, LLC 401(k) Profit Sharing Plan in GA ($45M, 358 participants).
Which 401(k) plans cover a similar participant headcount to Wallace, Montgomery & Associates , LLP 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Greater Texas Federal Credit Union 401(k) Plan in TX (211 participants, $21M in assets).