Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Seafarers Pension Plan Pension Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
7,399
Participants Very large workforce
99th
Percentile by assets National rank
$241,198
Avg per participant Above avg balance/head
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Official DOL plan name: Seafarers Pension Plan · Sponsored by Board of Trustees Seafarers Pension Plan · Maryland · Transportation & Warehousing

$1.8B in assets, 7,399 participants

Board of Trustees Seafarers Pension Plan's Seafarers Pension Plan reported $1.8B in total assets and 7,399 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #3,834 in Transportation & Warehousing (3,876 peers)

Coverage in Maryland

Seafarers Pension Plan covers 7,399 participants in Maryland, 8.0x the typical Maryland plan (state average ~929 per filing). Assets: $1.8B.

#3,834
in Transportation & Warehousing (3,876 peers)
-16.7%
assets change YoY
18×
vs typical plan assets (national mean)

The plan reported a net loss of $358M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Seafarers Pension Plan's outsized position by total assets

Seafarers Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,784,623,636 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Seafarers Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Seafarers Pension Plan lands in the large band (7,399 participants).

Published 5500 schedule card

Filing strip 136100329 · Board of Trustees Seafarers Pension Plan PY 2022 · Defined Benefit (Pension)

Seafarers Pension Plan · $1.8B · 7,399 · 99th

  • EIN $1.8B
  • RANK 7,399
  • PHOTO 99th
  • IND Defined Benefit (Pension)
  • EOY near Navy Federal Credit Union Employees' Retirement Plan
  • 5500 ind #3834

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Maryland →

Seafarers Pension Plan in the asset neighbourhood

Navy Federal Credit Union Employees' Retirement PlanNavy Federal Credit Union Em…$1.8BGeneral Dynamics Retirement Plan (Mission Systems)General Dynamics Retirement …$1.8BPricewaterhousecoopers LLP Retirement Accumulation Plan for PartnersPricewaterhousecoopers LLP R…$1.8BSeafarers Pension Plan$1.8BAramco U.S. Retirement Income PlanAramco U.S. Retirement Incom…$1.8B
End-of-year total assets ($B) among Seafarers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$1.8B
Net Income-$358M
Employer EIN136100329
Plan Effective Date1961-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Seafarers Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees Seafarers Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 15.215838708078167% vs 2022
2024 filing year
$1.7B$1.8B$1.9B$2B$2.1B 202220232024 $1.78B $2.06B ▲ +15.7%
Year Plans Participants Total Assets
2022 1 7,399 $1.8B
2023 1 7,093 $1.9B
2024 1 7,182 $2.1B

Nearby Defined Benefit (Pension) Plans in Maryland

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Seafarers Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 05101520 Total assets ($B) Participants Seafarers Pension Plan, Total assets ($B): 1.784623636 · Participants: 7399Seafarers Pension PlanLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corporation Salaried Employee Retirement ProgramNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.273549408 · Participants: 14916National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.247803775 · Participants: 1041Major League Baseball Players Pension PlanInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 3.938448124 · Participants: 50952International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozelle Nfl Player Retirement Plan
Seafarers Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Scale composition for Seafarers Pension Plan

Seafarers Pension Plan reports $1.8B in end-of-year assets across 7,399 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $241,198 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2022 was -$358M.

This plan identity (EIN 136100329, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.1B (+15.2%) while covered participants moved from 7,399 to 7,182 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,399 $1.8B This page
2023 7,093 $1.9B Open filing
2024 · index core 7,182 $2.1B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Seafarers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Navy Federal Credit Union Employees' Retirement Plan in VA ($1.8B); by covered participants it is Nokia Retirement Income Plan in NJ (7,413 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,399 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Seafarers Pension Plan assets move in 2022? ▼
Seafarers Pension Plan declined sharply - down 16.7% during 2022, from $2.1B to $1.8B. Reported net income was -$358M.
How have Board of Trustees Seafarers Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Seafarers Pension Plan's sponsor-wide assets grew 15.2%, from $1.8B to $2.1B.
Where does Seafarers Pension Plan rank by assets among Form 5500 filers? ▼
Seafarers Pension Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Seafarers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Navy Federal Credit Union Employees' Retirement Plan in VA ($1.8B, 16,288 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Seafarers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Nokia Retirement Income Plan in NJ (7,413 participants, $14.5B in assets).