Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of the Masters Mates & Pilots Adjustable Pension Pla Pension Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
893
Participants Near avg headcount
90th
Percentile by assets National rank
$100,343
Avg per participant Below avg balance/head
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Official DOL plan name: Masters Mates & Pilots Adjustable Pension Plan · Sponsored by Board of Trustees of the Masters Mates & Pilots Adjustable Pension Pla · Maryland · Transportation & Warehousing

$90M in assets, 893 participants

Board of Trustees of the Masters Mates & Pilots Adjustable Pension Pla's Masters Mates & Pilots Adjustable Pension Plan reported $90M in total assets and 893 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #2,962 in Transportation & Warehousing (3,362 peers)

Where Masters Mates & Pilots Adjustable Pension Plan sits by assets

Masters Mates & Pilots Adjustable Pension Plan sits in the top 10% of all filed plans by assets, $90M for 893 participants (~$100,343/participant), up 19.5% in 2023.

#2,962
in Transportation & Warehousing (3,362 peers)
+19.5%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Masters Mates & Pilots Adjustable Pension Plan's outsized position by total assets

Masters Mates & Pilots Adjustable Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$89,606,125 Top 10% higher than 90% of 127,068 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 2023

Masters Mates & Pilots Adjustable Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Masters Mates & Pilots Adjustable Pension Plan sits mid-pack in the medium band (893 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Masters Mates & Pilots Adjustable Pension Plan reported net income rose from -$3M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Masters Mates & Pilots Adjustable Pension Plan end-of-year assets rose from $75M in the plan year 2022 filing to $90M in the plan year 2023 filing.
  • Masters Mates & Pilots Adjustable Pension Plan reported participants rose from 862 in the plan year 2022 filing to 893 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 371719247 · Board of Trustees of the Masters Mates & Pilots Adjustable Pension Pla PY 2023 · Defined Benefit (Pension)

Masters Mates & Pilots Adjustable Pension Plan · $90M · 893 · 90th

  • BOY $90M
  • SCH 893
  • EBSA 90th
  • PART Defined Benefit (Pension)
  • TYPE near Rsm US LLP Market Based Cash Balance Plan
  • NET ind #2962

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 →

Masters Mates & Pilots Adjustable Pension Plan in the asset neighbourhood

Catv Industry-IBEW Pension PlanCatv Industry-IBEW Pension P…$90MAmerisure Mutual Insurance Company Cash Balance Pension PlanAmerisure Mutual Insurance C…$90MRsm US LLP Market Based Cash Balance PlanRsm US LLP Market Based Cash…$90MMasters Mates & Pilots Adjustable Pension PlanMasters Mates & Pilots Adjus…$90MDykema Gossett PLLC Retirement PlanDykema Gossett PLLC Retireme…$89M
End-of-year total assets ($M) among Masters Mates & Pilots Adjustable Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$89M
Net Income$15M
Employer EIN371719247
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Masters Mates & Pilots Adjustable Pension Pla)

Sponsor-wide plan assets over time

All Board of Trustees of the Masters Mates & Pilots Adjustable Pension Pla plans reported in each filing year

Latest sponsor-wide plan assets
$103M 37.207997617522416% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $75M $103M ▲ +37.2%
Year Plans Participants Total Assets
2022 1 862 $75M
2023 1 893 $90M
2024 1 919 $103M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Masters Mates & Pilots Adjustable Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Masters Mates & Pilots Adjustable Pension Plan, Total assets ($B): 0.089606125 · Participants: 893Masters Mates & Pilots Adjustable Pension PlanNational Electrical Benefit Fund, Total assets ($B): 18.88881693 · Participants: 323315National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.434547593 · Participants: 19673Lockheed Martin Corporation Salaried Employee Retirement ProgramMajor League Baseball Players Pension Plan, Total assets ($B): 4.648661647 · Participants: 1087Major League Baseball Players Pension PlanNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.493297428 · Participants: 15047National Automatic Sprinkler Industry Pension FundInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 4.223547088 · Participants: 44973International Painters and Allied Trades Industry Pension Plan
Masters Mates & Pilots Adjustable Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Masters Mates & Pilots Adjustable Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Rsm US LLP Market Based Cash Balance Plan in IA ($90M); by covered participants it is Jeep Corporation - UAW Retirement Income Plan in MI (893 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (893 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Masters Mates & Pilots Adjustable Pension Plan assets move in 2023?
Masters Mates & Pilots Adjustable Pension Plan grew sharply - up 19.5% during 2023, from $75M to $90M. Reported net income was $15M.
How have Board of Trustees of the Masters Mates & Pilots Adjustable Pension Pla plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of the Masters Mates & Pilots Adjustable Pension Pla's sponsor-wide assets grew 37.2%, from $75M to $103M.
Where does Masters Mates & Pilots Adjustable Pension Plan rank by assets among Form 5500 filers?
Masters Mates & Pilots Adjustable Pension Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Masters Mates & Pilots Adjustable Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Rsm US LLP Market Based Cash Balance Plan in IA ($90M, 1,018 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Masters Mates & Pilots Adjustable Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Jeep Corporation - UAW Retirement Income Plan in MI (893 participants, N/A in assets).