2023 Form 5500 filing — Seafarers Money Purchase Pension Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014171003NAL0027946673004) for Seafarers Money Purchase Pension Plan, reported by Board Of Trustees Seafarers Money Purchase Pension Plan under EIN 52-1994914 and plan number 001. It reports 14,602 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014171003NAL0027946673004
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Seafarers Money Purchase Pension Plan
- EIN
- 52-1994914
- Plan number
- 001
- Location
- Camp Springs, MD
- Participants
- 14,602
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $154,828,727
- Total liabilities (EOY)
- $238,420
- Net assets (EOY)
- $154,590,307
- Employer contributions
- $10,813,248
- Participant contributions
- $133,974
- Total income / additions
- $22,676,408
- Benefits paid
- $14,286,631
- Administrative expenses
- $1,389,816
- Total expenses
- $15,676,447
- Net increase / (decrease)
- $6,999,961
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Seafarers Vacation Fund | not reported in the loaded dataset | $582,766 | not reported in the loaded dataset |
| Morgan Stanley Smith Barney LLC | not reported in the loaded dataset | $505,641 | not reported in the loaded dataset |
| Jpmorgan Chase Bank, N.A. | not reported in the loaded dataset | $84,257 | not reported in the loaded dataset |
| Atalanta Sosnoff Capital | not reported in the loaded dataset | $67,452 | not reported in the loaded dataset |
| Buchbinder Tunick & Co Llp | not reported in the loaded dataset | $50,652 | not reported in the loaded dataset |
| Basil Castrovinci Associates Inc | not reported in the loaded dataset | $46,740 | not reported in the loaded dataset |
| Quan-Vest Consultants, Inc. | not reported in the loaded dataset | $15,000 | not reported in the loaded dataset |
| Prudential Insurance Co. | not reported in the loaded dataset | $14,331 | $0 |
| Comerica Bank | not reported in the loaded dataset | $9,209 | $0 |
| Ngl Group LLC | not reported in the loaded dataset | $0 | $5,247 |