Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Southwest Marine Pension Trust Pension Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
112
Participants Small participant base
85th
Percentile by assets National rank
$479,455
Avg per participant High balance/head
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Official DOL plan name: Southwest Marine Pension Trust · Sponsored by Board of Trustees, Southwest Marine Pension Trust · California · Transportation & Warehousing

$54M in assets, 112 participants

Board of Trustees, Southwest Marine Pension Trust's Southwest Marine Pension Trust reported $54M in total assets and 112 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #2,751 in Transportation & Warehousing (3,299 peers)

Coverage in California

Southwest Marine Pension Trust covers 112 participants in California, about 18% of the average California filer (state average ~630 per filing). Assets: $54M.

#2,751
in Transportation & Warehousing (3,299 peers)
+4.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Southwest Marine Pension Trust's outsized position by total assets

Southwest Marine Pension Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$53,698,993 Top 15% higher than 85% of 123,620 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 2024

Southwest Marine Pension Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southwest Marine Pension Trust sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southwest Marine Pension Trust reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Southwest Marine Pension Trust reported participants fell from 139 in the plan year 2023 filing to 112 in the plan year 2024 filing.
  • Southwest Marine Pension Trust end-of-year assets rose from $51M in the plan year 2023 filing to $54M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 956123404 · Board of Trustees, Southwest Marine Pension Trust PY 2024 · Defined Benefit (Pension)

Southwest Marine Pension Trust · $54M · 112 · 85th

  • RANK $54M
  • RANK 112
  • RANK 85th
  • RANK Defined Benefit (Pension)
  • RANK near Derrickmens Pension Fund, Local 197
  • RANK ind #2751

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 California →

Southwest Marine Pension Trust in the asset neighbourhood

The Okonite Company Hourly Employees Pension PlanThe Okonite Company Hourly E…$54MDerrickmens Pension Fund, Local 197Derrickmens Pension Fund, Lo…$54MSouthwest Marine Pension TrustSouthwest Marine Pension Tru…$54MInternational Association of Firefighters Employees Pension PlanInternational Association of…$54MThe Baltimore Sun Company Employees' Retirement PlanThe Baltimore Sun Company Em…$54M
End-of-year total assets ($M) among Southwest Marine Pension Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$46M
Net Income$3M
Employer EIN956123404
Plan Effective Date1957-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Southwest Marine Pension Trust)

Sponsor-wide plan assets over time

All Board of Trustees, Southwest Marine Pension Trust plans reported in each filing year

Latest sponsor-wide plan assets
$54M 36.03322809433202% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $39.5M $53.7M ▲ +36.1%
Year Plans Participants Total Assets
2022 1 172 $39M
2023 1 139 $51M
2024 1 112 $54M

Nearby Defined Benefit (Pension) Plans in California

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

Southwest Marine Pension Trust vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Southwest Marine Pension Trust, Total assets ($B): 0.053698993 · Participants: 112Southwest Marine Pension TrustKaiser Permanente Retirement Plan, Total assets ($B): 34.452234723 · Participants: 135057Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.60716624 · Participants: 27500Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 11.441381434 · Participants: 18983Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Western States Carpenters Pension Plan, Total assets ($B): 11.342334451 · Participants: 48582Western States Carpenters Pension PlanIlwu-Pma Pension Plan, Total assets ($B): 10.798538721 · Participants: 15833Ilwu-Pma Pension Plan
Southwest Marine Pension Trust vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Southwest Marine Pension Trust side-by-side with 3 peers →

Southwest Marine Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Derrickmens Pension Fund, Local 197 in NY ($54M); by covered participants it is Menorah Campus Defined Benefit Plan in NY (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Southwest Marine Pension Trust assets move in 2024? ▼
Southwest Marine Pension Trust edged up modestly - up 4.7% during 2024, from $51M to $54M. Reported net income was $3M.
How have Board of Trustees, Southwest Marine Pension Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Southwest Marine Pension Trust's sponsor-wide assets grew 36.0%, from $39M to $54M.
Where does Southwest Marine Pension Trust rank by assets among Form 5500 filers? ▼
Southwest Marine Pension Trust ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Southwest Marine Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Derrickmens Pension Fund, Local 197 in NY ($54M, 107 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Southwest Marine Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Menorah Campus Defined Benefit Plan in NY (112 participants, $6M in assets).

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 956123404.

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.