Board of Trustees Seafarers Money Purchase Pension Plan retirement plan: assets, participants and fees
What Board of Trustees Seafarers Money Purchase Pension Plan's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Seafarers Vacation Fund | Schedule C ↗ |
| Independent auditor | Weaver and Tidwell, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 44 defined-contribution plans in transportation and warehousing with 10,000 to 49,999 participants.
| Board of Trustees Seafarers Money Purchase Pension Plan: employer contribution per participant | $750 | |
| Peer median | $1,814 |
| Board of Trustees Seafarers Money Purchase Pension Plan: average balance | $10,343 | |
| Peer median | $68,010 |
| Board of Trustees Seafarers Money Purchase Pension Plan: admin expenses ÷ assets | 0.94% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $155M at the end of plan year 2023 to $168M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 16,362 | $168M | $12.2M | $750 | 0.94% | Not published | Form 5500 ↗ |
| 2023 | 16,376 | $155M | $10.8M | $660 | 0.92% | Not published | Form 5500 ↗ |
Common questions
Does Board of Trustees Seafarers Money Purchase Pension Plan match 401(k) contributions?
The match terms for the Seafarers Money Purchase Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $12.2M in employer contributions, about $750 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Board of Trustees Seafarers Money Purchase Pension Plan 401(k) match vested?
The vesting schedule for the Seafarers Money Purchase Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Board of Trustees Seafarers Money Purchase Pension Plan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Seafarers Vacation Fund. The plan administrator is Board of Trustees Seafarers Money Purchase Pension Plan.
I left Board of Trustees Seafarers Money Purchase Pension Plan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Board of Trustees Seafarers Money Purchase Pension Plan, (301) 899-0675) or the recordkeeper, Seafarers Vacation Fund. The Board of Trustees Seafarers Money Purchase Pension Plan old 401(k) page lists the contacts from every plan filing. Find an old Board of Trustees Seafarers Money Purchase Pension Plan 401(k)
Data from the public Form 5500 annual reports Board of Trustees Seafarers Money Purchase Pension Plan filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Board of Trustees Seafarers Money Purchase Pension Plan. Not financial advice. Report a correction · Methodology