Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Seafarers Officers and Employees Pension Plan Pension Plan

Data updated 2026-07-24

$279M
Total assets: 399
Participants: 96th
Percentile by assets: $698,997
Avg per participant

Official DOL plan name: Seafarers Officers and Employees Pension Plan · Sponsored by Board of Trustees Seafarers Officers and Employees Pension Plan · Maryland · Transportation & Warehousing

$279M in assets, 399 participants

Board of Trustees Seafarers Officers and Employees Pension Plan's Seafarers Officers and Employees Pension Plan reported $279M in total assets and 399 participants in its 2024 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.

96th percentile by assets (of 116,472 plans)

Coverage in Maryland

Seafarers Officers and Employees Pension Plan covers 399 participants in Maryland, about 41% of the average Maryland filer (state average ~971 per filing). Assets: $279M.

$279M
total plan assets (2024 EOY): 399
covered participants: 96th
percentile by assets (of 116,472 plans): $698,997
avg assets per participant

Seafarers Officers and Employees Pension Plan reported net income rose from $19M in the plan year 2023 filing to $28M in the plan year 2024 filing.
Seafarers Officers and Employees Pension Plan end-of-year assets rose from $251M in the plan year 2023 filing to $279M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Maryland

Industry

Transportation & Warehousing

Participants vs Maryland filers

In Maryland, the average filing covers about 971 participants across 2,307 plans. Seafarers Officers and Employees Pension Plan reports 399 participants - about 41% of that state average ($279M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)	$251M
Net Assets (End of Year)	$279M
Net Income	$28M
Employer EIN	116138267
Plan Effective Date	1968-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Seafarers Officers and Employees Pension Plan)

Total plan assets by year, all Board of Trustees Seafarers Officers and Employees Pension Plan plans on file

Year	Plans	Participants	Total Assets
2023	1	400	$251M
2024	1	399	$279M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Seafarers Officers and Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

National Electrical Benefit Fund $20.4B · 332,362
Lockheed Martin Corporation Salaried Employee Retirement Program $18.3B · 18,014
Bakery & Confectionery Union & Industry International Pension Fund $6.6B · 14,954
National Automatic Sprinkler Industry Pension Fund $4.8B · 15,964
Major League Baseball Players Pension Plan $4.8B · 1,091

Compare Seafarers Officers and Employees Pension… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Seafarers Officers and Employees Pension Plan by total assets, not by location.

Cement Masons Southern California Pension Trust (CA) $279M · 2,398
Madison Gas and Electric Company Retirement Plan (WI) $279M · 94
Pension Plan Private Sanitation Union Local 813 Ibt (NY) $279M · 519
Jack in the Box Inc. Retirement Plan (CA) $279M · 659

Frequently Asked Questions

How did Seafarers Officers and Employees Pension Plan assets move in 2024? ▼

Seafarers Officers and Employees Pension Plan grew at a solid clip - up 11.2% during 2024, from $251M to $279M. Reported net income was $28M.

How have Board of Trustees Seafarers Officers and Employees Pension Plan plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Board of Trustees Seafarers Officers and Employees Pension Plan's sponsor-wide assets grew 11.2%, from $251M to $279M.

Where does Seafarers Officers and Employees Pension Plan rank by assets among Form 5500 filers? ▼

Seafarers Officers and Employees Pension Plan ranks in the 96th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Seafarers Officers and Employees Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Cement Masons Southern California Pension Trust in CA ($279M, 2,398 participants).

Next read for Seafarers Officers and Employees Pension…

Filing takeaways

Ways to act on Seafarers Officers and Employees Pension Plan's numbers.

By total assets, Seafarers Officers and Employees Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Maryland. Compare plans
Board of Trustees Seafarers Officers and Employees Pension Plan's sponsor-wide assets have grown 11.2% since 2023 across 2 plan years on file. More Transportation & Warehousing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 116138267.

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.