Maryland Management Company 401(k) Plan: Login, Facts & Contact Information

Maryland Management Company 401(k) Plan Facts

Plan name
MARYLAND MANAGEMENT COMPANY 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE MARYLAND MANAGEMENT COMPANY
Participants
256 (198 active employees)
Former employees with a balance
17
Plan assets
$16,571,749 at Dec 31, 2024
Average account balance
$116,702 across 142 accounts
Employer contributions
$126,602 in plan year 2024 (15% of all contributions)
Recordkeeper
Empower Annuity Insurance Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 1988
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $831,518 went into the plan in contributions, $126,602 of it from the employer (15%).
  • $1.87 million was paid out to participants.
  • Investment and other income added $2.55 million.
  • Administrative expenses were $44,287, about $312 per account.

How the Maryland Management Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019222$11.6 million$78,324$321,044
2020234$13.4 million$91,746$551,808
2021235$15.7 million$97,252$523,010
2022234$12.5 million$104,563$1.27 million
2023244$15.1 million$112,837$474,592
2024256$16.6 million$126,602$1.87 million

Maryland Management Company 401(k) Contact Information

Phone
410-533-0070
Mailing address
2613 CABOVER DRIVE, HANOVER MD 21076
Plan sponsor
THE MARYLAND MANAGEMENT COMPANY
Employer identification number (EIN)
52-0577857
Plan number
001

Questions about the Maryland Management Company 401(k)

Does Maryland Management Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $126,602, 15% of all contributions.

Does the Maryland Management Company 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Maryland Management Company 401(k) plan?

256 participants at the start of plan year 2024, 198 of them active employees, and 17 former employees who still had money in the plan.

What is the average 401(k) balance at Maryland Management Company?

About $116,702 per account: $16.6 million in plan assets across 142 accounts with a balance at the end of plan year 2024.

Who manages the Maryland Management Company 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE CO) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Maryland Management Company. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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