Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees of Masters, Mates & Pilots Pension Plan Pension Plan
Data updated 2026-08-25
- $332M
- Total assets Above avg plan size
- 655
- Participants Below avg headcount
- 96th
- Percentile by assets National rank
- $507,144
- Avg per participant High balance/head
Official DOL plan name: Masters, Mates & Pilots Pension Plan · Sponsored by Board of Trustees of Masters, Mates & Pilots Pension Plan · Maryland · Transportation & Warehousing
$332M in assets, 655 participants
Board of Trustees of Masters, Mates & Pilots Pension Plan's Masters, Mates & Pilots Pension Plan reported $332M in total assets and 655 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- #3,198 in Transportation & Warehousing (3,362 peers)
Where Masters, Mates & Pilots Pension Plan sits by assets
Masters, Mates & Pilots Pension Plan sits in the top 5% of all filed plans by assets, $332M for 655 participants (~$507,144/participant), down 1.2% in 2023.
- #3,198
- in Transportation & Warehousing (3,362 peers)
- -1.2%
- assets change YoY
- 3.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Masters, Mates & Pilots Pension Plan's outsized position by total assets
Masters, Mates & Pilots Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$332,179,157 Top 4% higher than 96% of 127,068 filed plans
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 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 Pension Plan sits mid-pack in the medium band (655 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Masters, Mates & Pilots Pension Plan reported net income rose from -$78M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
- Masters, Mates & Pilots Pension Plan end-of-year assets fell from $336M in the plan year 2022 filing to $332M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 136372630 · Board of Trustees of Masters, Mates & Pilots Pension Plan PY 2023 · Defined Benefit (Pension)
Masters, Mates & Pilots Pension Plan · $332M · 655 · 96th
- PHOTO $332M
- PHOTO 655
- PHOTO 96th
- PHOTO Defined Benefit (Pension)
- PHOTO near Otter Tail Corporation Pension Plan
- PHOTO ind #3198
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 Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $336M |
|---|---|
| Net Assets (End of Year) | $332M |
| Net Income | -$4M |
| Employer EIN | 136372630 |
| Plan Effective Date | 1955-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Masters, Mates & Pilots Pension Plan)
Sponsor-wide plan assets over time
All Board of Trustees of Masters, Mates & Pilots Pension Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $328M 2.321373874662914% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 651 | $336M |
| 2023 | 1 | 655 | $332M |
| 2024 | 1 | 640 | $328M |
Nearby Defined Benefit (Pension) Plans in Maryland
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Electrical Benefit Fund $18.9B · 323,315
- Lockheed Martin Corporation Salaried Employee Retirement Program $18.4B · 19,673
- Major League Baseball Players Pension Plan $4.6B · 1,087
- National Automatic Sprinkler Industry Pension Fund $4.5B · 15,047
- International Painters and Allied Trades Industry Pension Plan $4.2B · 44,973
Masters, Mates & Pilots Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Maryland, the nearest Defined Benefit (Pension) by assets is Otter Tail Corporation Pension Plan in MN ($332M); by covered participants it is Brick Masons' Pension Trust Fund in CA (655 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($332M here).
- Otter Tail Corporation Pension Plan (MN) $332M · 343
- Hormel Foods Corporation Hourly Employees' Pension Plan (MN) $333M · 3,369
- Nordson Corporation Salaried Employees Pension Plan (OH) $332M · 1,974
- Vencore, Inc. Pension Plan (VA) $333M · 407
Similar participant headcount
Nearest other-state filings by covered participants (655 participants); asset peers above are excluded.
- Brick Masons' Pension Trust Fund (CA) 655 · 0 off
- Intermountain Ironworkers Pension Trust (UT) 655 · 0 off
- Iuoe Local 98 Pension Plan (MA) 654 · 1 off
- Syracuse Orthopedic Specialists, P.C. Defined Benefit Pension Plan (NY) 654 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.