Money Purchase · DOL Form 5500 · 2024
Board of Trustees Seafarers Money Purchase Pension Plan Money Purchase Plan
Data updated 2026-08-06
- $168M
- Total assets
- 8,583
- Participants
- 94th
- Percentile by assets
- $19,538
- Avg per participant
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 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.
- 94th percentile by assets (of 116,472 plans)
- #2,878 in Transportation & Warehousing (3,127 peers)
Coverage in Maryland
Seafarers Money Purchase Pension Plan covers 8,583 participants in Maryland, 8.8x the typical Maryland plan (state average ~971 per filing). Assets: $168M.
- $168M
- total plan assets (2024 EOY)
- 8,583
- covered participants
- 94th
- percentile by assets (of 116,472 plans)
- $19,538
- avg assets per participant
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.
Participants vs Maryland filers
In Maryland, the average filing covers about 971 participants across 2,307 plans. Seafarers Money Purchase Pension Plan reports 8,583 participants - 8.8x that state average ($168M EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $155M |
|---|---|
| Net Assets (End of Year) | $168M |
| Net Income | $13M |
| Employer EIN | 521994914 |
| Plan Effective Date | 1996-06-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Seafarers Money Purchase Pension Plan)
| 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
- National Electrical Annuity Plan $18.1B · 86,141
- The Johns Hopkins University Applied Physics Laboratory Pension Plan a $3.0B · 8,190
- Meba Pension Trust-Money Purchase Benefit Plan $306M · 2,964
- Defined Contribution Plan for the Employees of the American Institute of Physics $141M · 222
- Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust $129M · 294
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 $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 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 |
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Seafarers Money Purchase Pension Plan by total assets, not by location.
- Annuity Fund of Local 274 (NJ) $167M · 402
- Tile Industry Retirement Savings Trust Fund (CA) $170M · 1,979
- Greater Texas IBEW NECA Annuity Plan (TX) $165M · 1,845
- Pension Plan of Subaru of America, Inc. (NJ) $173M · 1,259
Frequently Asked Questions
How did Seafarers Money Purchase Pension Plan assets move in 2024? ▼
How have Board of Trustees Seafarers Money Purchase Pension Plan plan assets changed over time? ▼
Where does Seafarers Money Purchase Pension Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Seafarers Money Purchase Pension Plan? ▼
Next read for Seafarers Money Purchase Pension Plan
Filing takeaways
Ways to act on Seafarers Money Purchase Pension Plan's numbers.
- By total assets, Seafarers Money Purchase Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Maryland. Compare plans
- Board of Trustees Seafarers Money Purchase Pension Plan's sponsor-wide assets have grown 13.5% since 2022 across 3 plan years on file. More Transportation & Warehousing plans