Maryland 401(k) plans

Name: Maryland 401(k) plans: assets, participants and plan-paid fees
Creator: 401(k) Monitor
License: https://401kmonitor.com/licence/

1,162

Large 401(k) plans headquartered in Maryland are in 401(k) Monitor’s published set, holding $137.1B in total, led on headcount by Allegis Group, Inc. Retirement Savings Plan Two with 170,251 active participants. Computed from DOL Form 5500 filings, plan years 2019–2025.

State means the sponsor’s address on the filing, not where employees work. The figures above read all 1,162 of the form-year-2024 DOL EFAST2 filings from Maryland, so they are every plan of that size filed from the state; 45 of them have a page of their own here. A plan with fewer than 100 participants files a shorter form and is not in this data at all.

30 of the biggest 401(k) plans headquartered in Maryland

The plans this site submits to search engines come first, then the rest of the ones with a page; each group is ranked by active participants, the people still building up a balance. plan years 2019–2025, DOL EFAST2 bulk data. Assets in USD. Every row links to its full fact page.
#	Plan	City	Active participants	Assets
1	Allegis Group, Inc. Retirement Savings Plan Two	Hanover	170,251	$288.6M
2	Marriott Retirement Savings Plan	Bethesda	114,079	$11.7B
3	Sodexo 401 (K) Employees' Retirement Savings Plan And Trust	North Bethesda	107,164	$2.4B
4	Lockheed Martin Corporation Salaried Savings Plan	Bethesda	94,445	$51.4B
5	Allegis Group, Inc. Retirement Savings Plan Three	Hanover	32,267	$251.0M
6	National Electrical 401(k) Plan	Rockville	30,102	$141.2M
7	Allegis Group, Inc. Retirement Savings Plan One	Hanover	23,794	$2.2B
8	Piedmont Airlines Inc. Employee Savings Plan	Salisbury	21,826	$225.5M
9	The Perdue Savings Plan	Salisbury	19,477	$708.4M
10	Lockheed Martin Corporation Performance Sharing Plan For Bargaining Employees	Bethesda	18,568	$3.0B
11	HMSHost Hudson 401(k) Retirement Savings Plan	Bethesda	17,622	$484.6M
12	Under Armour 401(k) Plan	Baltimore	12,621	$382.2M
13	Total Wine & More 401(k) Plan	Bethesda	10,110	$162.0M
14	Fundamental Retirement Savings Plan	Sparks	8,516	$122.5M
15	Sinclair, Inc. 401(k) Retirement Savings Plan	Hunt Valley	7,072	$672.4M
16	T. Rowe Price U.S. Retirement Program	Owings Mills	6,820	$4.9B
17	Westat, Inc. Savings Plan	Rockville	6,738	$757.0M
18	Lockheed Martin Corporation Hourly Employee Savings Plan Plus	Bethesda	6,626	$1.2B
19	Two Farms Inc. Employees' 401(k) Profit Sharing	Baltimore	6,538	$32.7M
20	The Carefirst 401(k) Plan	Owings Mills	6,286	$1.1B
21	Learn It Systems, LLC 401(k) Plan	Baltimore	6,189	$61.6M
22	Healthpro-Heritage 401(k) Plan	Hunt Valley	6,109	$161.9M
23	Hospitality Industry 401(k) Plan	Sparks	5,781	$54.1M
24	Mission Bbq 401(k) Plan	Glen Burnie	5,627	$3.2M
25	Operating Engineers Local 77 Individual Account Plan	Sparks	5,247	$51.7M
26	Pandora Jewelry LLC 401(k) Plan	Baltimore	5,226	$61.7M
27	The Whiting-Turner Contracting Company 401(k) Plan	Towson	5,116	$958.0M
28	Pmhg 401(k) Plan	Chevy Chase	5,016	$30.8M
29	The Brightview Senior Living 401(k) Plan	Baltimore	4,852	$103.1M
30	Mccormick 401(k) Retirement Plan	Hunt Valley	4,796	$968.2M

Every Maryland plan page, by size

The table above is the top of the list. These 4 pages hold the 45 published plan pages from Maryland, out of 1,162 filings of that kind in the data, split by how many people are in them, each ranked by active participants.

401(k) fees in Maryland vs the national median

Plan-paid administrative cost per participant, plan years 2019–2025 Form 5500 filings. Computed over every large plan filed from Maryland, whether or not it has a page here. The medians read only the ones whose filing reports a plan-paid cost.
Maryland medianAcross the 1,112 Maryland plans in our set with usable fee data.	$144.47 per participant
National medianAcross 54,782 published plans with usable fee data.	$122.17 per participant
Difference	$22.30 above the national median

Plan-paid means fees the plan itself reports on Schedule H; many employers pay providers directly, which a filing reports as $0. How to judge your own plan: are your 401(k) fees high?

Useful links

All states
Plan counts, fees and largest plans, state by state.
The largest 401(k) plans in the US
The national ranking these state tables are drawn from.
Average 401(k) fees by plan size
Fees depend on plan size more than on state.

Cite: 401(k) Monitor, “Maryland 401(k) plans: largest plans and fees”, computed from DOL EFAST2 Form 5500 bulk data, plan years 2019–2025, published set of 57,824 plans, data as of July 28, 2026.