Seaboard Marine Pension Plan
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Seaboard Corporation · Kansas · Manufacturing
What the 2023 filing shows
Seaboard Marine Pension Plan holds $56M for 358 participants — about $155,916 per participant, down 20.6% over the 2022 plan year.
- $56M
- total plan assets (2022 EOY)
- 358
- covered participants
- $155,916
- avg assets per participant
- -20.6%
- assets change YoY
The plan reported a net loss of $14M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Seaboard Marine Pension Plan
Seaboard Marine Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Seaboard Corporation, headquartered in Kansas. As of the 2022 Form 5500 filing, the plan reports $56M in total end-of-year assets and covers 358 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 042260388, and the plan has been effective since 2021-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $70M at the beginning of 2022 to $56M at year-end — a decline of 20.6%. Net assets (after liabilities) closed the year at $56M, with reported net income of $-14,490,145 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $70M |
| Total Assets (End of Year) | $56M |
| Net Assets (End of Year) | $56M |
| Net Income | $-14,490,145 |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 042260388 |
| Plan Effective Date | 2021-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Seaboard Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 6,157 | $376M |
| 2023 | 4 | 5,894 | $401M |
| 2024 | 4 | 6,194 | $442M |
Nearby Defined Benefit (Pension) Plans in Kansas
Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.
- Koch Employees' Pension Plan $1.5B · 5,542
- Sprint Retirement Pension Plan $1.3B · 3,592
- Invista Pension Plan for Certain Grandfathered Employees $395M · N/A
- Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Kansas, Inc. $288M · 502
- Roadway LLC Pension Plan $193M · 290
Related Data
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Frequently Asked Questions
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.
Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 042260388.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.