401(k) · DOL Form 5500 · 2024

The Bank of Glen Burnie 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
84
Participants Small participant base
70th
Percentile by assets National rank
$240,372
Avg per participant Above avg balance/head
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Official DOL plan name: The Bank of Glen Burnie 401(k) Profit Sharing Plan · Sponsored by The Bank of Glen Burnie · Maryland · Finance & Insurance

$20M in assets, 84 participants

The Bank of Glen Burnie's The Bank of Glen Burnie 401(k) Profit Sharing Plan reported $20M in total assets and 84 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,747 in Finance & Insurance (8,549 peers)

The Bank of Glen Burnie multi-year trail

The Bank of Glen Burnie's plans moved +35.0% in assets from 2022 to 2024; this filing shows The Bank of Glen Burnie 401(k) Profit Sharing Plan at $20M / 84 participants.

#4,747
in Finance & Insurance (8,549 peers)
+12.8%
assets growth YoY

The Bank of Glen Burnie 401(k) Profit Sharing Plan's outsized position by total assets

The Bank of Glen Burnie 401(k) Profit Sharing Plan vs every filed plan by assets

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

$20,191,230 Top 30% higher than 70% 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

The Bank of Glen Burnie 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Bank of Glen Burnie 401(k) Profit Sharing Plan is a small filing (84 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Bank of Glen Burnie 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • The Bank of Glen Burnie 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • The Bank of Glen Burnie 401(k) Profit Sharing Plan reported participants rose from 82 in the plan year 2023 filing to 84 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 520575023 · The Bank of Glen Burnie PY 2024 · 401(k)

The Bank of Glen Burnie 401(k) Profit Sharing Plan · $20M · 84 · 70th

  • VS-ST $20M
  • VS-ST 84
  • VS-ST 70th
  • VS-ST 401(k)
  • VS-ST near Rental Concepts, Inc. Profit Sharing Plan and Trust
  • VS-ST ind #4747

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 Finance & Insurance retirement plans → · Plans in Maryland →

The Bank of Glen Burnie 401(k) Profit Sharing Plan in the asset neighbourhood

The Bank of Glen Burnie 401(k) Profit Sharing PlanThe Bank of Glen Burnie 401(…$20MRental Concepts, Inc. Profit Sharing Plan and TrustRental Concepts, Inc. Profit…$20MGulf Coast Bank Retirement PlanGulf Coast Bank Retirement P…$20MZivaro, Inc. 401(k) Plan$20MCymabay Therapeutics, Inc. 401(k) Profit Sharing Plan and TrustCymabay Therapeutics, Inc. 4…$20M
End-of-year total assets ($M) among The Bank of Glen Burnie 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

The Bank of Glen Burnie multi-year asset trail

Sponsor-wide plan assets over time

All The Bank of Glen Burnie plans reported in each filing year

Latest sponsor-wide plan assets
$20M 35.03182183144962% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15M $20.2M ▲ +35.1%
Year Plans Participants Total Assets
2022 1 74 $15M
2023 1 82 $18M
2024 1 84 $20M

The Bank of Glen Burnie filing trail (2024)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN520575023
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

The Bank of Glen Burnie 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 ($B) Participants The Bank of Glen Burnie 401(k) Profit Sharing Plan, Total assets ($B): 0.02019123 · Participants: 84The Bank of Glen Burnie 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
The Bank of Glen Burnie 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare The Bank of Glen Burnie 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Bank of Glen Burnie 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 Rental Concepts, Inc. Profit Sharing Plan and Trust in OH ($20M); by covered participants it is Sentrillion Savings Investment Plan in AZ (84 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (84 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 The Bank of Glen Burnie 401(k) Profit Sharing Plan assets move in 2024? ▼
The Bank of Glen Burnie 401(k) Profit Sharing Plan grew at a solid clip - up 12.8% during 2024, from $18M to $20M. Reported net income was $2M.
How have The Bank of Glen Burnie plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of Glen Burnie's sponsor-wide assets grew 35.0%, from $15M to $20M.
Which 401(k) plans are similar in size to The Bank of Glen Burnie 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rental Concepts, Inc. Profit Sharing Plan and Trust in OH ($20M, 361 participants).
Which 401(k) plans cover a similar participant headcount to The Bank of Glen Burnie 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sentrillion Savings Investment Plan in AZ (84 participants, N/A 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 520575023.

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.