Money Purchase · DOL Form 5500 · 2022
Board of Trustees Seafarers Money Purchase Pension Plan Money Purchase Plan
Data updated 2026-08-06
- $148M
- Total assets
- 7,557
- Participants
- 95th
- Percentile by assets
- $19,547
- Avg per participant
Official DOL plan name: Seafarers Money Purchase Pension Plan · Sponsored by Board of Trustees Seafarers Money Purchase Pension Plan · Maryland · Transportation & Warehousing
$148M in assets, 7,557 participants
Board of Trustees Seafarers Money Purchase Pension Plan's Seafarers Money Purchase Pension Plan reported $148M in total assets and 7,557 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 95th percentile by assets (of 139,258 plans)
- #3,627 in Transportation & Warehousing (3,884 peers)
Coverage in Maryland
Seafarers Money Purchase Pension Plan covers 7,557 participants in Maryland, 7.8x the typical Maryland plan (state average ~971 per filing). Assets: $148M.
- $148M
- total plan assets (2022 EOY)
- 7,557
- covered participants
- 95th
- percentile by assets (of 139,258 plans)
- $19,547
- avg assets per participant
The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Maryland filers
In Maryland, the average filing covers about 971 participants across 2,307 plans. Seafarers Money Purchase Pension Plan reports 7,557 participants - 7.8x that state average ($148M EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $171M |
|---|---|
| Net Assets (End of Year) | $148M |
| Net Income | -$23M |
| Employer EIN | 521994914 |
| Plan Effective Date | 1996-06-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Seafarers Money Purchase Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,557 | $148M |
| 2023 | 1 | 7,644 | $155M |
| 2024 | 1 | 8,583 | $168M |
Nearby Money Purchase Plans in Maryland
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Seafarers Money Purchase Pension Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants
- National Electrical Annuity Plan $13.8B · 80,049
- The Johns Hopkins University Applied Physics Laboratory Pension Plan a $2.5B · 8,647
- Meba Pension Trust-Money Purchase Benefit Plan $230M · 2,945
- Defined Contribution Plan for the Employees of the American Institute of Physics $118M · 279
- Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust $101M · 268
Scale composition for Seafarers Money Purchase Pension Plan
Seafarers Money Purchase Pension Plan reports $148M in end-of-year assets across 7,557 participants (0.001% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $19,547 per participant (14% of the national average assets-per-participant) . Net income for plan year 2022 was -$23M.
This plan identity (EIN 521994914, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $148M to $168M (+13.5%) while covered participants moved from 7,557 to 8,583 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,557 | $148M | This page |
| 2023 | 7,644 | $155M | Open filing |
| 2024 · index core | 8,583 | $168M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Seafarers Money Purchase Pension Plan (Money Purchase, $168M, 8,583 participants)
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Seafarers Money Purchase Pension Plan by total assets, not by location.
- Boilermakers Lodge 154 Retirement Plan (MN) $147M · 7,067
- Annuity Fund of Wardrobe Attendants Union Local 764 (NY) $150M · 1,666
- Sheet Metal Workers Local 91 Annuity Plan (IL) $146M · 650
- IBEW Local Union 375 Electricians' Retirement Plan (PA) $146M · 645
Frequently Asked Questions
How did Seafarers Money Purchase Pension Plan assets move in 2022? ▼
How have Board of Trustees Seafarers Money Purchase Pension Plan plan assets changed over time? ▼
Where does Seafarers Money Purchase Pension Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Seafarers Money Purchase Pension Plan? ▼
Next read for Seafarers Money Purchase Pension Plan
Filing takeaways
Ways to act on Seafarers Money Purchase Pension Plan's numbers.
- By total assets, Seafarers Money Purchase Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Maryland. Compare plans
- Board of Trustees Seafarers Money Purchase Pension Plan's sponsor-wide assets have grown 13.5% since 2022 across 3 plan years on file. More Transportation & Warehousing plans