401(k) · DOL Form 5500 · 2023

Board of Trustees of M.M.&p. Individual Retirement Account Plan 401(k) Plan

Data updated 2026-08-11

$464M
Total assets
1,997
Participants
97th
Percentile by assets
$232,522
Avg per participant
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Official DOL plan name: Masters Mates & Pilots Individual Retirement Account Plan · Sponsored by Board of Trustees of M.M.&p. Individual Retirement Account Plan · Maryland · Transportation & Warehousing

$464M in assets, 1,997 participants

Board of Trustees of M.M.&p. Individual Retirement Account Plan's Masters Mates & Pilots Individual Retirement Account Plan reported $464M in total assets and 1,997 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #3,230 in Transportation & Warehousing (3,362 peers)

Coverage in Maryland

Masters Mates & Pilots Individual Retirement Account Plan covers 1,997 participants in Maryland, 2.1x the typical Maryland plan (state average ~929 per filing). Assets: $464M.

$464M
total plan assets (2023 EOY)
1,997
covered participants
97th
percentile by assets (of 127,072 plans)
$232,522
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Masters Mates & Pilots Individual Retirement Account Plan reported net income rose from -$102M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • Masters Mates & Pilots Individual Retirement Account Plan end-of-year assets rose from $399M in the plan year 2022 filing to $464M in the plan year 2023 filing.
  • Masters Mates & Pilots Individual Retirement Account Plan reported participants rose from 1,939 in the plan year 2022 filing to 1,997 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Masters Mates & Pilots Individual Retirement Account Plan reports 1,997 participants - 2.1x that state average ($464M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$399M
Net Assets (End of Year)$464M
Net Income$66M
Employer EIN133021839
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of M.M.&p. Individual Retirement Account Plan)

$350M$400M$450M$500M$550M 202220232024 $399M $523M ▲ +31.2%
Total plan assets by year, all Board of Trustees of M.M.&p. Individual Retirement Account Plan plans on file
Year Plans Participants Total Assets
2022 1 1,939 $399M
2023 1 1,997 $464M
2024 1 2,170 $523M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Masters Mates & Pilots Individual Retirement Account Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Masters Mates & Pilots Individual Retirement Account Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Masters Mates & Pilo…Lockheed Martin Corp…Marriott Retirement …T. Rowe Price U.S. R…Nfl Player Second Ca…Sodexo 401 (K) Emplo…
Masters Mates & Pilots Individual Retirement Account Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Masters Mates & Pilots Individual Retirement Account Plan by total assets, not by location.

Frequently Asked Questions

How did Masters Mates & Pilots Individual Retirement Account Plan assets move in 2023?
Masters Mates & Pilots Individual Retirement Account Plan grew sharply - up 16.5% during 2023, from $399M to $464M. Reported net income was $66M.
How have Board of Trustees of M.M.&p. Individual Retirement Account Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of M.M.&p. Individual Retirement Account Plan's sponsor-wide assets grew 31.2%, from $399M to $523M.
Where does Masters Mates & Pilots Individual Retirement Account Plan rank by assets among Form 5500 filers?
Masters Mates & Pilots Individual Retirement Account Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Masters Mates & Pilots Individual Retirement Account Plan?
Among 401(k) plans in other states, the closest by assets is Srs Distribution Inc. 401(k) Plan in TX ($465M, 9,305 participants).

Next read for Masters Mates & Pilots Individual Retire…

Filing takeaways

Ways to act on Masters Mates & Pilots Individual Retirement Account Plan's numbers.

  • By total assets, Masters Mates & Pilots Individual Retirement Account Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
  • Board of Trustees of M.M.&p. Individual Retirement Account Plan's sponsor-wide assets have grown 31.2% since 2022 across 3 plan years on file. More Transportation & Warehousing plans