Severn, 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, Severn, MD has 8 loaded benefit plan(s) reported by 4 plan sponsor(s), with $52,700,381 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
8
Plan sponsors
4
Latest filing year
2023

What stands out in Severn

  • 8 loaded plans hold $52.7M in reported assets across 4 sponsors.
  • The largest, Powercon Corporation 401(K) Retirement Plan, holds 75% of reported Severn plan assets.
  • Plans cover 1,916 participants — about 240 per plan.
  • 50% of loaded plans report full Schedule H/I financial statements.
  • 38% report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$52.7MSummed across loaded plans$52,700,381
Total reported assets$52.7M$52,700,381
Total reported participants1.9K1,916
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$52.7M total assets
Net assets$52.7MLiabilities$0
Contributions & income
Employer contributions$479.8K
Participant contributions$2.8M
Total income / additions$12.1M
Expenses & distributions
Benefits paid / distributions$5.2M
Total expenses$5.4M
Net increase / (decrease)$6.7M

Data coverage

Plans with financial statements4 / 8 (50%)
Plans with provider compensation3 / 8 (38%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Severn, 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

Severn market comparison

Largest plan share of assets75%Powercon Corporation 401(K) Retirement Plan
Participants per plan240Average across loaded plans
Plan sponsors4
Ranked by reported assets

Largest loaded plans in Severn

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

  1. 1
    Powercon Corporation · 2023
  2. 2
    Annapolis Area Christian School Association, Inc. · 2023
  3. 3
  4. 4
    Coyote Renovations, Inc. · 2023
  5. 5
    Powercon Corporation Long Term Disability Plannot reported in the loaded dataset
    Powercon Corporation · 2023
  6. 6
    Powercon Corporation Benefit Plannot reported in the loaded dataset
    Powercon Corporation · 2023
  7. 7
    Atlas Container Corporation Health Plannot reported in the loaded dataset
    Atlas Container Corporation · 2023
  8. 8
    Atlas Container Corporation Welfare Plannot reported in the loaded dataset
    Atlas Container Corporation · 2023

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Severn, MD?
8 plan(s) reported by 4 sponsor(s) are loaded for Severn, MD.

Related Form 5500 pages