Sandy Spring Bancorp, Inc 401(k) Plan: Login, Facts & Contact Information
Sandy Spring Bancorp, Inc 401(k) Login
492 former Sandy Spring Bancorp, Inc employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Sandy Spring Bancorp, Inc 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 8, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $21.5 million went into the plan in contributions, $5.93 million of it from the employer (28%).
- $17.8 million was paid out to participants.
- Investment and other income added $26.3 million.
- Administrative expenses were $160,528, about $99 per account.
How the Sandy Spring Bancorp, Inc 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 1,226 | $132.4 million | $4.05 million | $6.79 million |
| 2020 | 1,309 | $171.1 million | $5.31 million | $7.44 million |
| 2021 | 1,542 | $209.1 million | $5.93 million | $10.1 million |
| 2022 | 1,619 | $172.3 million | $6.01 million | $21.7 million |
| 2023 | 1,710 | $197.9 million | $5.96 million | $21.0 million |
| 2024 | 1,659 | $227.8 million | $5.93 million | $17.8 million |
Sandy Spring Bancorp, Inc 401(k) Contact Information
Questions about the Sandy Spring Bancorp, Inc 401(k)
Does Sandy Spring Bancorp, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $5.93 million, 28% of all contributions.
Does the Sandy Spring Bancorp, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Sandy Spring Bancorp, Inc 401(k) plan?
1,659 participants at the start of plan year 2024, 1,129 of them active employees, and 492 former employees who still had money in the plan.
What is the average 401(k) balance at Sandy Spring Bancorp, Inc?
About $140,436 per account: $227.8 million in plan assets across 1,622 accounts with a balance at the end of plan year 2024.
Who manages the Sandy Spring Bancorp, Inc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Sandy Spring Bancorp, Inc. How do I access my 401(k)?
Your account stays with Principal 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.