Money Purchase · DOL Form 5500 · 2024

Board of Trustees Seafarers Money Purchase Pension Plan Money Purchase Plan

Data updated 2026-08-25

$168M
Total assets Near avg plan size
8,583
Participants Very large workforce
93rd
Percentile by assets National rank
$19,538
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

$168M in assets, 8,583 participants

Board of Trustees Seafarers Money Purchase Pension Plan's Seafarers Money Purchase Pension Plan reported $168M in total assets and 8,583 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #3,028 in Transportation & Warehousing (3,299 peers)

Coverage in Maryland

Seafarers Money Purchase Pension Plan covers 8,583 participants in Maryland, 9.2x the typical Maryland plan (state average ~929 per filing). Assets: $168M.

#3,028
in Transportation & Warehousing (3,299 peers)
+8.3%
assets growth YoY
1.7×
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 2024 · DOL Form 5500

$167,697,238 Top 7% higher than 93% 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 Money Purchase 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 Money Purchase Pension Plan lands in the large band (8,583 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Seafarers Money Purchase Pension Plan reported net income rose from $7M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Seafarers Money Purchase Pension Plan reported participants rose from 7,644 in the plan year 2023 filing to 8,583 in the plan year 2024 filing.
  • Seafarers Money Purchase Pension Plan end-of-year assets rose from $155M in the plan year 2023 filing to $168M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 521994914 · Board of Trustees Seafarers Money Purchase Pension Plan PY 2024 · Money Purchase

Seafarers Money Purchase Pension Plan · $168M · 8,583 · 93rd

  • RANK $168M
  • RANK 8,583
  • RANK 93rd
  • RANK Money Purchase
  • RANK near Annuity Fund of Local 274
  • RANK ind #3028

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

Tile Industry Retirement Savings Trust FundTile Industry Retirement Sav…$170MSeafarers Money Purchase Pension PlanSeafarers Money Purchase Pen…$168MAnnuity Fund of Local 274$167MLocal Union 598 Supplemental Pension PlanLocal Union 598 Supplemental…$166MGreater Texas IBEW NECA Annuity PlanGreater Texas IBEW NECA Annu…$165M
End-of-year total assets ($M) among Seafarers Money Purchase Pension Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$155M
Net Assets (End of Year)$168M
Net Income$13M
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): 0.167697238 · Participants: 8583Seafarers Money Purchase Pension PlanNational Electrical Annuity Plan, Total assets ($B): 18.070198898 · Participants: 86141National Electrical Annuity PlanThe Johns Hopkins University Applied Physics Laboratory Pension Plan a, Total assets ($B): 2.969690682 · Participants: 8190The Johns Hopkins University Applied Physics Laboratory Pension Plan aMeba Pension Trust-Money Purchase Benefit Plan, Total assets ($B): 0.306495183 · Participants: 2964Meba Pension Trust-Money Purchase Benefit PlanDefined Contribution Plan for the Employees of the American Institute of Physics, Total assets ($B): 0.141061279 · Participants: 222Defined Contribution Plan for the Employees of the American Institute of PhysicsWhiteford, Taylor & Preston Money Purchase Pension Plan and Trust, Total assets ($B): 0.129363058 · Participants: 294Whiteford, 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 $168M in end-of-year assets across 8,583 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $19,538 per participant (14% of the national average assets-per-participant) . Net income for plan year 2024 was $13M.

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 Open filing
2024 · index core 8,583 $168M This page

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 Annuity Fund of Local 274 in NJ ($167M); by covered participants it is Electrical Workers Deferred Income Plan Local 103, I.B.E.W. in MA (8,421 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($168M here).

Similar participant headcount

Nearest other-state filings by covered participants (8,583 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 Money Purchase Pension Plan assets move in 2024? ▼
Seafarers Money Purchase Pension Plan grew at a solid clip - up 8.3% during 2024, from $155M to $168M. Reported net income was $13M.
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 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Annuity Fund of Local 274 in NJ ($167M, 402 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 Electrical Workers Deferred Income Plan Local 103, I.B.E.W. in MA (8,421 participants, $1.8B 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 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.