Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO)

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by American President Lines, LLC Β· Virginia Β· Transportation & Warehousing

What the 2023 filing shows

Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) holds $21M for 157 participants - about $132,217 per participant, down 35.0% over the 2022 plan year.

$21M
total plan assets (2022 EOY)
157
covered participants
$132,217
avg assets per participant
-35.0%
assets change YoY

The plan reported a net loss of $11M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$21M
Participants
157
State
Industry
Transportation & Warehousing

What the Filing Says About Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO)

Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) is a Defined Benefit (Pension) retirement plan sponsored by American President Lines, LLC, headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $21M in total end-of-year assets and covers 157 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 940434900, and the plan has been effective since 1970-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $32M at the beginning of 2022 to $21M at year-end β€” a decline of 35.0%. Net assets (after liabilities) closed the year at $21M, with reported net income of $-11,184,684 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 β€” 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)$32M
Total Assets (End of Year)$21M
Net Assets (End of Year)$21M
Net Income$-11,184,684
Plan TypeDefined Benefit (Pension)
Employer EIN940434900
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American President Lines, LLC)

Year Plans Participants Total Assets
2022 2 209 $83M
2023 2 203 $85M
2024 2 201 $83M

Nearby Defined Benefit (Pension) Plans in Virginia

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

Frequently Asked Questions

How much money is in the Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO)?
As of the 2022 Form 5500 filing, Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) holds $21M in total assets with 157 participants. It is sponsored by American President Lines, LLC.
What type of plan is Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO)?
Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) is a Defined Benefit (Pension) plan. It has been effective since 1970-01-01. The plan is filed with the U.S. Department of Labor under EIN 940434900.
Who sponsors the Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO)?
Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) is sponsored by American President Lines, LLC, located in Virginia. The sponsor's EIN is 940434900 and the plan operates in the Transportation & Warehousing industry.
How did Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) perform in 2022?
Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) declined by 35.0% during 2022, moving from $32M to $21M in total assets. Net income was $-11,184,684.
Where can I find official filings for Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO)?
Official Form 5500 filings for Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 940434900 or plan name at efast.dol.gov.
How does Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) compare to other plans?
You can compare Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) against other Defined Benefit (Pension) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 940434900.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.