Defined Benefit (Pension) · DOL Form 5500 · 2024
Smeco, Inc Pension Plan
Data updated 2026-08-11
- $115M
- Total assets
- 203
- Participants
- 91st
- Percentile by assets
- $565,568
- Avg per participant
Official DOL plan name: Retirement Annuity Plan for Ees of Smeco, Inc. · Sponsored by Smeco, Inc · Maryland · Utilities
$115M in assets, 203 participants
Smeco, Inc's Retirement Annuity Plan for Ees of Smeco, Inc. reported $115M in total assets and 203 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 123,622 plans)
- #466 in Utilities (732 peers)
Coverage in Maryland
Retirement Annuity Plan for Ees of Smeco, Inc. covers 203 participants in Maryland, about 22% of the average Maryland filer (state average ~929 per filing). Assets: $115M.
- $115M
- total plan assets (2024 EOY)
- 203
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $565,568
- avg assets per participant
The plan reported a net loss of $7M 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
- Retirement Annuity Plan for Ees of Smeco, Inc. reported net income fell from $6M in the plan year 2023 filing to -$7M in the plan year 2024 filing.
- Retirement Annuity Plan for Ees of Smeco, Inc. end-of-year assets fell from $122M in the plan year 2023 filing to $115M in the plan year 2024 filing.
- Retirement Annuity Plan for Ees of Smeco, Inc. reported participants fell from 212 in the plan year 2023 filing to 203 in the plan year 2024 filing.
Participants vs Maryland filers
In Maryland, the average filing covers about 929 participants across 2,484 plans. Retirement Annuity Plan for Ees of Smeco, Inc. reports 203 participants - about 22% of that state average ($115M EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $122M |
|---|---|
| Net Assets (End of Year) | $115M |
| Net Income | -$7M |
| Employer EIN | 520492367 |
| Plan Effective Date | 1954-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Smeco, Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 721 | $272M |
| 2023 | 3 | 733 | $301M |
| 2024 | 3 | 752 | $314M |
Nearby Defined Benefit (Pension) Plans in Maryland
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Retirement Annuity Plan for Ees of Smeco, Inc. vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
- National Electrical Benefit Fund $20.4B · 332,362
- Lockheed Martin Corporation Salaried Employee Retirement Program $18.3B · 18,014
- Bakery & Confectionery Union & Industry International Pension Fund $6.6B · 14,954
- National Automatic Sprinkler Industry Pension Fund $4.8B · 15,964
- Major League Baseball Players Pension Plan $4.8B · 1,091
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Annuity Plan for Ees of Smeco, Inc. by total assets, not by location.
- Building Trades Pension Plan of Western Pennsylvania (OH) $115M · 1,310
- Union Savings Bank Retirement Plan (CT) $115M · 306
- Convergys Corporation Pension Plan (OH) $115M · 640
- Chemtura Corporation Retirement Plan (PA) $114M · 149
Frequently Asked Questions
How did Retirement Annuity Plan for Ees of Smeco, Inc. assets move in 2024? ▼
How have Smeco, Inc plan assets changed over time? ▼
Where does Retirement Annuity Plan for Ees of Smeco, Inc. rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retirement Annuity Plan for Ees of Smeco, Inc.? ▼
Next read for Retirement Annuity Plan for Ees of Smeco…
Filing takeaways
Ways to act on Retirement Annuity Plan for Ees of Smeco, Inc.'s numbers.
- By total assets, Retirement Annuity Plan for Ees of Smeco, Inc. ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Maryland. Compare plans
- Smeco, Inc's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Utilities plans