Plan5500

Ocean City, MD Form 5500 retirement and benefit plan filings

City Form 5500 summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ocean City, MD has 9 loaded benefit plan(s) reported by 9 plan sponsor(s), with $26,485,006 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
9
Plan sponsors
9
Latest filing year
2023

What stands out in Ocean City

  • 9 loaded plans hold $26.5M in reported assets across 9 sponsors.
  • The largest, Harrison Inn Sixty-Six, Inc. Safe Harbor Plan, holds 45% of reported Ocean City plan assets.
  • Plans cover 2,157 participants — about 240 per plan.
  • 78% of loaded plans report full Schedule H/I financial statements.
  • 22% report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$26.5MSummed across loaded plans$26,450,577
Total reported assets$26.5M$26,485,006
Total reported participants2.2K2,157
Total reported liabilities$34.4K$34,429

Reported net position

Reported assets = net assets + liabilities (summed)$26.5M total assets
Net assets$26.5MLiabilities$34.4K
Contributions & income
Employer contributions$1.6M
Participant contributions$2M
Total income / additions$7.5M
Expenses & distributions
Benefits paid / distributions$1.9M
Total expenses$2.5M
Net increase / (decrease)$5M

Data coverage

Plans with financial statements7 / 9 (78%)
Plans with provider compensation2 / 9 (22%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Ocean City, MD plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Ocean City market comparison

Largest plan share of assets45%Harrison Inn Sixty-Six, Inc. Safe Harbor Plan
Participants per plan240Average across loaded plans
Plan sponsors9
Ranked by reported assets

Largest loaded plans in Ocean City

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Harrison Inn Sixty-Six, Inc. Safe Harbor Plan$11.9M
    Harrison Inn Sixty-Six, Inc. · 2023
  2. 2
    Franchise Management Services, Inc. 401(K) Profit Sharing Plan$10.1M
    Franchise Management Services, Inc. · 2023
  3. 3
    Data Base Connection, Inc. 401(K) Plan$2.4M
    Data Base Connection, Inc. · 2023
  4. 4
    Great Outdoor Cottages, LLC 401(K) Plan$998.2K
    Great Outdoor Cottages, LLC · 2023
  5. 5
    Bud Church Realty, Inc. Profit Sharing Plan$640.9K
    Bud Church Realty, Inc. · 2023
  6. 6
    O.C. Seacrets, Inc. Welfare Benefits Plan$309.5K
    O.C. Seacrets, Inc. · 2023
  7. 7
    Beane Counters Inc. Profit Sharing Plan$209.3K
    Beane Counters Inc. · 2023
  8. 8
    Real Payroll Group LLCnot reported in the loaded dataset
    Real Payroll Group LLC · 2023
  9. 9
    Blue Water Developmentnot reported in the loaded dataset
    Blue Water Development · 2023

Largest plans in Ocean City → · Ocean City plans by participants → · Ocean City plans with financial data → · Ocean City plans with provider compensation → · $1B+ plans in Ocean City →

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Ocean City, MD?
9 plan(s) reported by 9 sponsor(s) are loaded for Ocean City, MD.

Related Form 5500 pages