ESOP · DOL Form 5500 · 2024

The Severn Group, Inc. ESOP

Data updated 2026-08-25

$36M
Total assets Below avg plan size
57
Participants Small participant base
80th
Percentile by assets National rank
$635,068
Avg per participant High balance/head
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Official DOL plan name: The Severn Group Employee Stock Ownership Plan · Sponsored by The Severn Group, Inc. · Maryland · Construction

$36M in assets, 57 participants

The Severn Group, Inc.'s The Severn Group Employee Stock Ownership Plan reported $36M in total assets and 57 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,090 in Construction (9,039 peers)

Where The Severn Group Employee Stock Ownership Plan sits by assets

The Severn Group Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $36M for 57 participants (~$635,068/participant), up 71.9% in 2024.

#7,090
in Construction (9,039 peers)
+71.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Severn Group Employee Stock Ownership Plan's outsized position by total assets

The Severn Group Employee Stock Ownership Plan vs every filed plan by assets

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

$36,198,900 Top 20% higher than 80% 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 Severn Group Employee Stock Ownership 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 Severn Group Employee Stock Ownership Plan is a small filing (57 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Severn Group Employee Stock Ownership Plan reported net income rose from -$4M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • The Severn Group Employee Stock Ownership Plan end-of-year assets rose from $21M in the plan year 2023 filing to $36M in the plan year 2024 filing.
  • The Severn Group Employee Stock Ownership Plan reported participants rose from 46 in the plan year 2023 filing to 57 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 550796211 · The Severn Group, Inc. PY 2024 · ESOP

The Severn Group Employee Stock Ownership Plan · $36M · 57 · 80th

  • EOY $36M
  • EOY 57
  • EOY 80th
  • EOY ESOP
  • EOY near Swa Group Employee Stock Ownership Plan
  • EOY ind #7090

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 What is an ESOP? → · Plans in Maryland →

The Severn Group Employee Stock Ownership Plan in the asset neighbourhood

Unitek Holdings Inc. Employee Stock Ownership PlanUnitek Holdings Inc. Employe…$36MIfs Employee Stock Ownership PlanIfs Employee Stock Ownership…$36MNorthfield Bank Employee Stock Ownership PlanNorthfield Bank Employee Sto…$36MThe Severn Group Employee Stock Ownership PlanThe Severn Group Employee St…$36MSwa Group Employee Stock Ownership PlanSwa Group Employee Stock Own…$36M
End-of-year total assets ($M) among The Severn Group Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$11M
Net Income$15M
Employer EIN550796211
Plan Effective Date2023-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Severn Group, Inc.)

Sponsor-wide plan assets over time

All The Severn Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 2181.302715498047% vs 2022
2024 filing year
$0M$20M$40M$60M 202220232024 $1.74M $39.6M ▲ +2175.9%
Year Plans Participants Total Assets
2022 1 54 $2M
2023 2 109 $24M
2024 2 133 $40M

Nearby ESOP Plans in Maryland

Peer ESOP plans, same state, same plan type, ranked by total assets.

The Severn Group Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants The Severn Group Employee Stock Ownership Plan, Total assets ($B): 0.0361989 · Participants: 57The Severn Group Employee Stock Ownership PlanEvapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.142811894 · Participants: 1803Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.418966511 · Participants: 3167Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.392391805 · Participants: 1918Kci Technologies, Inc. Employee Stock Ownership PlanLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.283619058 · Participants: 7445Lockheed Martin Corporation Capital Accumulation PlanBrown Capital Management ESOP, Total assets ($B): 0.211360737 · Participants: 35Brown Capital Management ESOP
The Severn Group Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants
Compare The Severn Group Employee Stock Ownership Plan side-by-side with 3 peers →

The Severn Group Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maryland, the nearest ESOP by assets is Swa Group Employee Stock Ownership Plan in CA ($36M); by covered participants it is Ma Bank Employee Stock Ownership Plan in MO (57 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (57 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 Severn Group Employee Stock Ownership Plan assets move in 2024? ▼
The Severn Group Employee Stock Ownership Plan surged - up 71.9% during 2024, from $21M to $36M. Reported net income was $15M.
How have The Severn Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Severn Group, Inc.'s sponsor-wide assets grew 2181.3%, from $2M to $40M.
Where does The Severn Group Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
The Severn Group Employee Stock Ownership Plan ranks in the 80th 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 ESOP plans are similar in size to The Severn Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Swa Group Employee Stock Ownership Plan in CA ($36M, 275 participants).
Which ESOP plans cover a similar participant headcount to The Severn Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Ma Bank Employee Stock Ownership Plan in MO (57 participants, $3M 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 550796211.

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.