Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Seafarers Pension Plan Pension Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
7,182
Participants Above avg headcount
99th
Percentile by assets National rank
$286,295
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

$2.1B in assets, 7,182 participants

Board of Trustees Seafarers Pension Plan's Seafarers Pension Plan reported $2.1B in total assets and 7,182 participants in its 2024 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.

  • #3,252 in Transportation & Warehousing (3,299 peers)

Coverage in Maryland

Seafarers Pension Plan covers 7,182 participants in Maryland, 7.7x the typical Maryland plan (state average ~929 per filing). Assets: $2.1B.

#3,252
in Transportation & Warehousing (3,299 peers)
+8.3%
assets growth YoY
21×
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 2024 · DOL Form 5500

$2,056,169,090 Top 1% higher than 99% 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

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Seafarers Pension Plan lands in the large band (7,182 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Seafarers Pension Plan reported net income rose from $114M in the plan year 2023 filing to $158M in the plan year 2024 filing.
  • Seafarers Pension Plan end-of-year assets rose from $1.9B in the plan year 2023 filing to $2.1B in the plan year 2024 filing.
  • Seafarers Pension Plan reported participants rose from 7,093 in the plan year 2023 filing to 7,182 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 136100329 · Board of Trustees Seafarers Pension Plan PY 2024 · Defined Benefit (Pension)

Seafarers Pension Plan · $2.1B · 7,182 · 99th

  • EIN $2.1B
  • EIN 7,182
  • EIN 99th
  • EIN Defined Benefit (Pension)
  • EIN near Northrop Grumman Retirement Plan B
  • EIN ind #3252

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

The Northwestern Mutual Life Insurance Company Agents Retirement PlanThe Northwestern Mutual Life…$2.1BAlaska Electrical Pension PlanAlaska Electrical Pension Pl…$2.1BSeafarers Pension Plan$2.1BNational Grid USA Companies Final Average Pay Pension PlanNational Grid USA Companies …$2.1BNorthrop Grumman Retirement Plan BNorthrop Grumman Retirement …$2.1B
End-of-year total assets ($B) among Seafarers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.1B
Net Income$158M
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 0510152025 Total assets ($B) Participants Seafarers Pension Plan, Total assets ($B): 2.05616909 · Participants: 7182Seafarers Pension PlanNational Electrical Benefit Fund, Total assets ($B): 20.376060206 · Participants: 332362National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.271295253 · Participants: 18014Lockheed Martin Corporation Salaried Employee Retirement ProgramBakery & Confectionery Union & Industry International Pension Fund, Total assets ($B): 6.575836095 · Participants: 14954Bakery & Confectionery Union & Industry International Pension FundNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.765198925 · Participants: 15964National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.76226641 · Participants: 1091Major League Baseball Players Pension Plan
Seafarers Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Scale composition for Seafarers Pension Plan

Seafarers Pension Plan reports $2.1B in end-of-year assets across 7,182 participants (0.017% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $286,295 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2024 was $158M.

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 Open filing
2024 · index core 7,182 $2.1B This page

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 Northrop Grumman Retirement Plan B in VA ($2.1B); by covered participants it is Medtronic Retirement Plan for Certain Participants and Beneficiaries in MN (7,184 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,182 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 Seafarers Pension Plan assets move in 2024?
Seafarers Pension Plan grew at a solid clip - up 8.3% during 2024, from $1.9B to $2.1B. Reported net income was $158M.
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 123,622 plans that reported assets for plan year 2024 (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 Northrop Grumman Retirement Plan B in VA ($2.1B, 1,614 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 Medtronic Retirement Plan for Certain Participants and Beneficiaries in MN (7,184 participants, $2.4B in assets).