Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Seafarers Officers and Employees Pension Plan

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

Sponsored by Board of Trustees Seafarers Officers and Employees Pension Plan · Maryland · Transportation & Warehousing

What the 2023 filing shows

Seafarers Officers and Employees Pension Plan holds $251M for 400 participants — about $627,172 per participant, up 8.1% over the 2023 plan year.

$251M
total plan assets (2023 EOY)
400
covered participants
$627,172
avg assets per participant
+8.1%
assets growth YoY
Total Assets (2023)
$251M
Participants
400
State
Industry
Transportation & Warehousing

What the Filing Says About Seafarers Officers and Employees Pension Plan

Seafarers Officers and Employees Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Board of Trustees Seafarers Officers and Employees Pension Plan, headquartered in Maryland. As of the 2023 Form 5500 filing, the plan reports $251M in total end-of-year assets and covers 400 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 116138267, and the plan has been effective since 1968-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $232M at the beginning of 2023 to $251M at year-end — a gain of 8.1%. Net assets (after liabilities) closed the year at $251M, with reported net income of $19M 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 1 prior plan-year filing 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)$232M
Total Assets (End of Year)$251M
Net Assets (End of Year)$251M
Net Income$19M
Plan TypeDefined Benefit (Pension)
Employer EIN116138267
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Seafarers Officers and Employees Pension Plan)

Year Plans Participants Total Assets
2023 1 400 $251M
2024 1 399 $279M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Frequently Asked Questions

How much money is in the Seafarers Officers and Employees Pension Plan?
As of the 2023 Form 5500 filing, Seafarers Officers and Employees Pension Plan holds $251M in total assets with 400 participants. It is sponsored by Board of Trustees Seafarers Officers and Employees Pension Plan.
What type of plan is Seafarers Officers and Employees Pension Plan?
Seafarers Officers and Employees Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1968-01-01. The plan is filed with the U.S. Department of Labor under EIN 116138267.
Who sponsors the Seafarers Officers and Employees Pension Plan?
Seafarers Officers and Employees Pension Plan is sponsored by Board of Trustees Seafarers Officers and Employees Pension Plan, located in Maryland. The sponsor's EIN is 116138267 and the plan operates in the Transportation & Warehousing industry.
How did Seafarers Officers and Employees Pension Plan perform in 2023?
Seafarers Officers and Employees Pension Plan grew by 8.1% during 2023, moving from $232M to $251M in total assets. Net income was $19M.
Where can I find official filings for Seafarers Officers and Employees Pension Plan?
Official Form 5500 filings for Seafarers Officers and Employees Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 116138267 or plan name at efast.dol.gov.
How does Seafarers Officers and Employees Pension Plan compare to other plans?
You can compare Seafarers Officers and Employees Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Maryland 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 116138267.

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.

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