Money Purchase · DOL Form 5500 · 2023

Board of Trustees Seafarers Money Purchase Pension Plan Money Purchase Plan

Data updated 2026-08-25

$155M
Total assets Near avg plan size
7,644
Participants Very large workforce
94th
Percentile by assets National rank
$20,255
Avg per participant Low balance/head
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Official DOL plan name: Seafarers Money Purchase Pension Plan · Sponsored by Board of Trustees Seafarers Money Purchase Pension Plan · Maryland · Transportation & Warehousing

$155M in assets, 7,644 participants

Board of Trustees Seafarers Money Purchase Pension Plan's Seafarers Money Purchase Pension Plan reported $155M in total assets and 7,644 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #3,092 in Transportation & Warehousing (3,362 peers)

Coverage in Maryland

Seafarers Money Purchase Pension Plan covers 7,644 participants in Maryland, 8.2x the typical Maryland plan (state average ~929 per filing). Assets: $155M.

#3,092
in Transportation & Warehousing (3,362 peers)
+4.8%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Seafarers Money Purchase Pension Plan's outsized position by total assets

Seafarers Money Purchase Pension Plan vs every filed plan by assets

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

$154,828,727 Top 6% higher than 94% 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 Money Purchase 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 Money Purchase Pension Plan lands in the large band (7,644 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Seafarers Money Purchase Pension Plan reported net income rose from -$23M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Seafarers Money Purchase Pension Plan end-of-year assets rose from $148M in the plan year 2022 filing to $155M in the plan year 2023 filing.
  • Seafarers Money Purchase Pension Plan reported participants rose from 7,557 in the plan year 2022 filing to 7,644 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 521994914 · Board of Trustees Seafarers Money Purchase Pension Plan PY 2023 · Money Purchase

Seafarers Money Purchase Pension Plan · $155M · 7,644 · 94th

  • NET $155M
  • BOOK 7,644
  • VS-ST 94th
  • BOY Money Purchase
  • SCH near Bates College Money Purchase Pension Plan
  • EBSA ind #3092

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 Money Purchase Pension Plan in the asset neighbourhood

Boilermakers Lodge 154 Retirement PlanBoilermakers Lodge 154 Retir…$157MBates College Money Purchase Pension PlanBates College Money Purchase…$156MSeafarers Money Purchase Pension PlanSeafarers Money Purchase Pen…$155MPension Plan of Subaru of America, Inc.Pension Plan of Subaru of Am…$152MAnnuity Fund of Local 274$152M
End-of-year total assets ($M) among Seafarers Money Purchase Pension Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$148M
Net Assets (End of Year)$155M
Net Income$7M
Employer EIN521994914
Plan Effective Date1996-06-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Seafarers Money Purchase Pension Plan)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$168M 13.523602385678563% vs 2022
2024 filing year
$140M$150M$160M$170M 202220232024 $148M $168M ▲ +13.5%
Year Plans Participants Total Assets
2022 1 7,557 $148M
2023 1 7,644 $155M
2024 1 8,583 $168M

Nearby Money Purchase Plans in Maryland

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Seafarers Money Purchase Pension Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Seafarers Money Purchase Pension Plan, Total assets ($B): 0.154828727 · Participants: 7644Seafarers Money Purchase Pension PlanNational Electrical Annuity Plan, Total assets ($B): 15.807345093 · Participants: 84425National Electrical Annuity PlanThe Johns Hopkins University Applied Physics Laboratory Pension Plan a, Total assets ($B): 2.673002016 · Participants: 7852The Johns Hopkins University Applied Physics Laboratory Pension Plan aMeba Pension Trust-Money Purchase Benefit Plan, Total assets ($B): 0.26967278 · Participants: 2948Meba Pension Trust-Money Purchase Benefit PlanDefined Contribution Plan for the Employees of the American Institute of Physics, Total assets ($B): 0.131117321 · Participants: 230Defined Contribution Plan for the Employees of the American Institute of PhysicsWhiteford, Taylor & Preston Money Purchase Pension Plan and Trust, Total assets ($B): 0.119137244 · Participants: 280Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust
Seafarers Money Purchase Pension Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants
Compare Seafarers Money Purchase Pension Plan side-by-side with 3 peers →

Scale composition for Seafarers Money Purchase Pension Plan

Seafarers Money Purchase Pension Plan reports $155M in end-of-year assets across 7,644 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $20,255 per participant (15% of the national average assets-per-participant) . Net income for plan year 2023 was $7M.

This plan identity (EIN 521994914, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $148M to $168M (+13.5%) while covered participants moved from 7,557 to 8,583 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,557 $148M Open filing
2023 7,644 $155M This page
2024 · index core 8,583 $168M Open filing

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

Seafarers Money Purchase Pension Plan's out-of-state Money Purchase peers by assets and headcount

Outside Maryland, the nearest Money Purchase by assets is Bates College Money Purchase Pension Plan in ME ($156M); by covered participants it is Operating Engineers' Local 324, Defined Contribution Pension Plan in MI (7,464 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($155M here).

Similar participant headcount

Nearest other-state filings by covered participants (7,644 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 Money Purchase Pension Plan assets move in 2023? ▼
Seafarers Money Purchase Pension Plan edged up modestly - up 4.8% during 2023, from $148M to $155M. Reported net income was $7M.
How have Board of Trustees Seafarers Money Purchase Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Seafarers Money Purchase Pension Plan's sponsor-wide assets grew 13.5%, from $148M to $168M.
Where does Seafarers Money Purchase Pension Plan rank by assets among Form 5500 filers? ▼
Seafarers Money Purchase Pension Plan ranks in the 94th 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 Money Purchase plans are similar in size to Seafarers Money Purchase Pension Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Bates College Money Purchase Pension Plan in ME ($156M, 714 participants).
Which Money Purchase plans cover a similar participant headcount to Seafarers Money Purchase Pension Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Operating Engineers' Local 324, Defined Contribution Pension Plan in MI (7,464 participants, $237M 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 521994914.

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.