Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Seafarers Pension Plan Pension Plan

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
7,093
Participants Above avg headcount
99th
Percentile by assets National rank
$267,574
Avg per participant High balance/head
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Official DOL plan name: Seafarers Pension Plan · Sponsored by Board of Trustees Seafarers Pension Plan · Maryland · Transportation & Warehousing

$1.9B in assets, 7,093 participants

Board of Trustees Seafarers Pension Plan's Seafarers Pension Plan reported $1.9B in total assets and 7,093 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #3,316 in Transportation & Warehousing (3,362 peers)

Coverage in Maryland

Seafarers Pension Plan covers 7,093 participants in Maryland, 7.6x the typical Maryland plan (state average ~929 per filing). Assets: $1.9B.

#3,316
in Transportation & Warehousing (3,362 peers)
+6.3%
assets growth YoY
19×
vs typical plan assets (national mean)

Seafarers Pension Plan's outsized position by total assets

Seafarers Pension Plan vs every filed plan by assets

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

$1,897,899,705 Top 1% higher than 99% 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

Seafarers Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Seafarers Pension Plan lands in the large band (7,093 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Seafarers Pension Plan reported net income rose from -$358M in the plan year 2022 filing to $114M in the plan year 2023 filing.
  • Seafarers Pension Plan end-of-year assets rose from $1.8B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.
  • Seafarers Pension Plan reported participants fell from 7,399 in the plan year 2022 filing to 7,093 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 136100329 · Board of Trustees Seafarers Pension Plan PY 2023 · Defined Benefit (Pension)

Seafarers Pension Plan · $1.9B · 7,093 · 99th

  • RANK $1.9B
  • PHOTO 7,093
  • IND 99th
  • EOY Defined Benefit (Pension)
  • 5500 near Hess Corporation Employees' Pension Plan
  • ASSETS ind #3316

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 →

Seafarers Pension Plan in the asset neighbourhood

Seafarers Pension Plan$1.9BHess Corporation Employees' Pension PlanHess Corporation Employees' …$1.9BAramco U.S. Retirement Income PlanAramco U.S. Retirement Incom…$1.9BElectrical Workers Pension Plan Local 103 I.B.E.W.Electrical Workers Pension P…$1.9BDanaher Corporation & Subsidiaries Pension PlanDanaher Corporation & Subsid…$1.9B
End-of-year total assets ($B) among Seafarers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$1.9B
Net Income$114M
Employer EIN136100329
Plan Effective Date1961-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Seafarers Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees Seafarers Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 15.215838708078167% vs 2022
2024 filing year
$1.7B$1.8B$1.9B$2B$2.1B 202220232024 $1.78B $2.06B ▲ +15.7%
Year Plans Participants Total Assets
2022 1 7,399 $1.8B
2023 1 7,093 $1.9B
2024 1 7,182 $2.1B

Nearby Defined Benefit (Pension) Plans in Maryland

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

Seafarers Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Seafarers Pension Plan, Total assets ($B): 1.897899705 · Participants: 7093Seafarers 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
Seafarers Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare Seafarers Pension Plan side-by-side with 3 peers →

Scale composition for Seafarers Pension Plan

Seafarers Pension Plan reports $1.9B in end-of-year assets across 7,093 participants (0.015% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $267,574 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2023 was $114M.

This plan identity (EIN 136100329, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.1B (+15.2%) while covered participants moved from 7,399 to 7,182 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,399 $1.8B Open filing
2023 7,093 $1.9B This page
2024 · index core 7,182 $2.1B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Seafarers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Hess Corporation Employees' Pension Plan in TX ($1.9B); by covered participants it is Laborers District Council of W PA Pension Fund in PA (7,100 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (7,093 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 Seafarers Pension Plan assets move in 2023? ▼
Seafarers Pension Plan grew at a solid clip - up 6.3% during 2023, from $1.8B to $1.9B. Reported net income was $114M.
How have Board of Trustees Seafarers Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Seafarers Pension Plan's sponsor-wide assets grew 15.2%, from $1.8B to $2.1B.
Where does Seafarers Pension Plan rank by assets among Form 5500 filers? ▼
Seafarers Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Seafarers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hess Corporation Employees' Pension Plan in TX ($1.9B, 1,324 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Seafarers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Laborers District Council of W PA Pension Fund in PA (7,100 participants, $883M in assets).

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 136100329.

Read our methodology - how this data is sourced, computed, and verified.

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