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Form 5500 · Retirement plan · OLNEY, MD

SANDY SPRING BANCORP, INC

The filing calls this plan SANDY SPRING BANK 401(K) PLAN.

SANDY SPRING BANCORP, INC of OLNEY, MD files a Form 5500 for its retirement plan. Schedule A discloses 2 annuity or guaranteed-interest contracts held by the plan, written by PRINCIPAL LIFE INSURANCE COMPANY. These are investment and funding contracts, not group health or welfare coverage. No medical, dental or life benefit is reported on this filing.

Agent of record (Schedule A)
Not disclosed
Contract year ends
Augustas filed for plan year 2025

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 52-1532952 · plan 002 · plan year 2025, filed Dec 17, 2025

Participants at the start of the year
1,632
Contracts on file
2
Contract value
—
Plan year end
August

Plan brief

Schedule A lists 2 insurance contracts held by the plan — annuities, guaranteed-interest accounts or similar funding vehicles, all with PRINCIPAL LIFE INSURANCE COMPANY.

The filing discloses no agent commission on these contracts.

A Schedule A is filed for a retirement plan when plan assets sit in an insurance company contract. It reports the contract's balances and any agent commission. It does not report a health, dental or life premium, and it does not give a group renewal date.

The contract year ended in August.

Schedule A insurance contracts

CarrierContract typeCoveredYear endsContract valueCommission
PRINCIPAL LIFE INSURANCE COMPANYAnnuity / GIC0August—$0
PRINCIPAL LIFE INSURANCE COMPANY—0August—$0

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

PRINCIPAL LIFE INSURANCE COMPANY
Contract administrator · EIN 42-0127290
$155,492
paid directly by the plan

Named on Schedule C of this filing. We publish company names only.

What the plan holds

Paid out in benefits
$236,935,818
Participants at the start of the year
1,632
Participants with account balances
0

Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H

Who runs the plan

Independent accountantEIN 25-1408703
SCHNEIDER DOWNS & CO., INC.
Accountant's opinion (Schedule H, line 3a)
Unmodified

From Schedule H of this filing.

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