# The Severn Group, INC. 401(k) Plan
Source: https://planprovider.pro/companies/the-severn-group-inc-401k-plan

> The Severn Group, INC.'s 401(k) plan: 75 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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