2023 Form 5500 filing — Southern Maryland Electric Cooperative, Inc.

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015062230NAL0028873217001) for Southern Maryland Electric Cooperative, Inc., reported by Southern Maryland Electric Coop. under EIN 52-0492367 and plan number 003. It reports 359 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$63.8MReported net assets$63,810,383

Participants359

Provider compensation$77.2K2 Schedule C row(s)$77,182

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241015062230NAL0028873217001
Plan sponsor: Southern Maryland Electric Coop.
EIN: 52-0492367
Plan number: 003
Location: Hughesville, MD
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$63.8M total assets

Net assets$63.8MLiabilities$0

Money in vs. money out

Total income / additions$12.3M

Total expenses$1.9M

Benefits paid / distributions$1.8M

Contributions

Employer$2.1M

Participant$2.4M

Full reported line items

Total assets (EOY): $63,810,383
Total liabilities (EOY): $0
Net assets (EOY): $63,810,383
Employer contributions: $2,055,559
Participant contributions: $2,413,717
Total income / additions: $12,324,711
Benefits paid: $1,793,132
Administrative expenses: $77,757
Total expenses: $1,870,889
Net increase / (decrease): $10,453,822

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Nfp Retirement, Inc.$40K
NONE · Direct $40K
2
Prudential Retirement Insurance And$37.2K
NONE · Direct $37.2K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015062230NAL0028873217001 cover?: It is the 2023 Form 5500 filing for Southern Maryland Electric Cooperative, Inc., reported by Southern Maryland Electric Coop. (EIN 52-0492367).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).