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BOARD OF TRUSTEES SEAFARERS PENSION PLAN

Camp Springs, Maryland
500+ employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Seafarers Pension Plan
This plan meets industry benchmarks with a balanced mix of contributions and features but may need enhancements to stand out in recruitment.
BOARD OF TRUSTEES SEAFARERS PENSION PLAN
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$1,816
Avg Employer Contribution per Person per Year
Below
Not EE Friendly
Plan Design
Laggard
EE Friendly
Admin Fees as a % of Total Assets
Leading
12%
1 Year Return
Leading

Peer Group

Size
All Size Average employees
Region
All Region Average
Industry
Transportation and Warehousing

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
Seafarers Pension Plan
Plan type
DB
Plan start date
10/01/1961
Plan assets
$2,055,130,353
Participation Rate
-142.70 %
Loan %
0.00 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
No
Self-directed
No
Auto-Enroll
No
Vesting Requirements
No

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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Just a few of the companies in your cohort

TRUSTEES OF CENTRAL STATES, SE AND SW AREAS PENSION FUNDTRUSTEES OF CENTRAL STATES, SE AND SW AREAS PENSION FUNDTRUSTEES OF CENTRAL STATES, SE & SW AREAS HEALTH & WELFARE FUNDTRUSTEES OF CENTRAL STATES, SE & SW AREAS HEALTH & WELFARE FUNDAUTOMOBILE CLUB OF SOUTHERN CALIFORNIAAUTOMOBILE CLUB OF SOUTHERN CALIFORNIABOARD OF TRUSTEES OF THE TEAMSTERS- NATIONAL 401K SAVINGS PLAN TRUSTBOARD OF TRUSTEES OF THE TEAMSTERS- NATIONAL 401K SAVINGS PLAN TRUSTBOARD OF TRUSTEES AMERICAN MARITIME OFFICERS 401K PLANBOARD OF TRUSTEES AMERICAN MARITIME OFFICERS 401K PLANTRUSTEES OF TEAMSTERS LOCAL 301TRUSTEES OF TEAMSTERS LOCAL 301ALYESKA PIPELINE SERVICE COMPANYALYESKA PIPELINE SERVICE COMPANYTRUSTEES OF TEAMSTERS NATIONAL PIPE LINE PENSION PLANTRUSTEES OF TEAMSTERS NATIONAL PIPE LINE PENSION PLANMORAN TOWING CORPORATIONMORAN TOWING CORPORATIONBOARD OF TRUSTEES SEAFARERS OFFICERS AND EMPLOYEES PENSION PLANBOARD OF TRUSTEES SEAFARERS OFFICERS AND EMPLOYEES PENSION PLAN

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