Plan Snapshot
- Plan Sponsor: The Severn Group, INC.
- Sponsor EIN: 550796211
- Sponsor Address: 375 PRINCE GEORGES BLVD STE B, UPPER MARLBORO, MD, 20774
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $3.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 75 | $3.4M | $143,157 | $465,444 |
| 2023 | 76 | $2.8M | $168,066 | $441,465 |
| 2022 | 63 | $1.7M | $0 | $144,550 |