Plan Snapshot
- Plan Sponsor: Board Of Trustees Seafarers Health And Benefits Plan
- Sponsor EIN: 135557534
- Sponsor Address: 5201 CAPITAL GATEWAY DRIVE, CAMP SPRINGS, MD, 20746
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 7,645
- Total Assets: $493.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,645 | $493.0M | $136.6M | $363,900 |
| 2023 | 7,473 | $424.2M | $128.1M | $417,800 |
| 2022 | 6,937 | $357.5M | $123.9M | $458,200 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SEAFARERS VACATION PLAN | Recordkeeper | $3,828,581 | — | $3,828,581 |
| SEAFARERS INTL UNION AGLIW | Other Service Provider | $3,551,069 | — | $3,551,069 |
| ASB CAPITAL MANAGEMENT LLC | Other Service Provider | $1,032,702 | — | $1,032,702 |
| LUNDEBERG MD SEAMANSHIP SCHOOL, INC | Other Service Provider | $382,710 | — | $382,710 |
| AMWINS RX | Other Service Provider | $204,846 | — | $204,846 |
| WEAVER AND TIDWELL, LLP | Auditor | $139,116 | — | $139,116 |
| PLEXIS HEALTHCARE SYSTEMS, INC | Other Service Provider | $128,126 | — | $128,126 |
| HEALTH PORTAL SOLUTIONS | Other Service Provider | $113,946 | — | $113,946 |
| SANDRA L. GUY | Recordkeeper | $110,267 | — | $110,267 |
| CATHERINE S. FENWICK | Recordkeeper | $99,251 | — | $99,251 |
| LISA R. WILLIAMS | Recordkeeper | $96,888 | — | $96,888 |
| KERRIE E. THOMPSON | Recordkeeper | $85,719 | — | $85,719 |
| DEBORAH K. KARR | Recordkeeper | $81,089 | — | $81,089 |
| FRANCISCO TORRES | Recordkeeper | $77,043 | — | $77,043 |
| OPTUM RX, INC. | Other Service Provider | $70,633 | — | $70,633 |
| MCS LIFE INSURANCE | Other Service Provider | $69,928 | — | $69,928 |
| AGNES D. WOODLAND | Recordkeeper | $68,671 | — | $68,671 |
| REBECCA D. HOWE | Recordkeeper | $67,078 | — | $67,078 |
| TUSHIMA N. FRENZEN | Recordkeeper | $65,977 | — | $65,977 |
| MINETTE S. CLARKE | Recordkeeper | $65,563 | — | $65,563 |
| ANN M. MCNEAL | Recordkeeper | $64,789 | — | $64,789 |
| PAQUITA L. BROOKS | Recordkeeper | $57,391 | — | $57,391 |
| KIMBERLY A. GREENWELL | Recordkeeper | $55,431 | — | $55,431 |
| PAMELA J. EVANS | Recordkeeper | $55,188 | — | $55,188 |
| SHARON A. THOMPSON | Recordkeeper | $52,866 | — | $52,866 |
| CHRIS H. LEEMAN | Recordkeeper | $52,181 | — | $52,181 |
| MARY B. BROWNE | Recordkeeper | $51,687 | — | $51,687 |
| SHELBY F. MONTGOMERY | Recordkeeper | $51,344 | — | $51,344 |
| CAROL A. STROHMEYER | Recordkeeper | $51,140 | — | $51,140 |
| JENELL E. GANDY | Recordkeeper | $49,904 | — | $49,904 |
| BASIL CASTROVINCI ASSOCIATES INC | Other Service Provider | $49,677 | — | $49,677 |
| SHAWN S. WERFEL | Recordkeeper | $44,674 | — | $44,674 |
| MACHELLE A. TERRY-COURTNEY | Recordkeeper | $43,319 | — | $43,319 |
| ERICA M. ESCOBAR | Recordkeeper | $43,070 | — | $43,070 |
| WANDA LEE LOHEED | Recordkeeper | $43,009 | — | $43,009 |
| JOHN G. WHITT | Recordkeeper | $42,781 | — | $42,781 |
| SYDNEY A. TOLBERT | Recordkeeper | $41,731 | — | $41,731 |
| CHRISTINE J. DAVIS | Recordkeeper | $41,498 | — | $41,498 |
| KATLYN L. GAGNON | Recordkeeper | $40,799 | — | $40,799 |
| MARY C. WILLS | Recordkeeper | $39,513 | — | $39,513 |
| MARY E. BOGGS | Recordkeeper | $39,338 | — | $39,338 |
| MADISON A. DAVIS | Recordkeeper | $38,898 | — | $38,898 |
| BRITTANY R. STROHMEYER | Recordkeeper | $38,767 | — | $38,767 |
| ROCHELLE R. BLACKISTON | Recordkeeper | $38,492 | — | $38,492 |
| JESSICA F. EVERSBERG | Recordkeeper | $37,397 | — | $37,397 |
| SHANISE D. DAMES | Recordkeeper | $36,802 | — | $36,802 |
| KIRSTEN A. EVERSBERG | Recordkeeper | $36,267 | — | $36,267 |
| KIA L. GILLIARD WILLIAMS | Recordkeeper | $36,096 | — | $36,096 |
| TYSHEENA M. BRISCOE | Recordkeeper | $35,711 | — | $35,711 |
| ASHLYN N. NICHOLS | Recordkeeper | $35,372 | — | $35,372 |
| ANNA J. BUCKLER | Recordkeeper | $35,253 | — | $35,253 |
| ZELIS HEALTHCARE | Other Service Provider | $33,820 | — | $33,820 |
| VIRGINIA TREVETHAN | Recordkeeper | $33,374 | — | $33,374 |
| COMERICA BANK | Other Service Provider | $24,993 | — | $24,993 |
| MARTIN OPPENHIEMER | Other Service Provider | $20,000 | — | $20,000 |
| NGL GROUP LLC | Other Service Provider | — | $18,050 | $18,050 |
| DR. MICHAEL SZKOTNICKI | Recordkeeper | $15,600 | — | $15,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SEAFARERS VACATION PLAN — Recordkeeper
- WEAVER AND TIDWELL, LLP — Auditor
- SANDRA L. GUY — Recordkeeper
- CATHERINE S. FENWICK — Recordkeeper
- LISA R. WILLIAMS — Recordkeeper
- KERRIE E. THOMPSON — Recordkeeper
- DEBORAH K. KARR — Recordkeeper
- FRANCISCO TORRES — Recordkeeper
- AGNES D. WOODLAND — Recordkeeper
- REBECCA D. HOWE — Recordkeeper
- TUSHIMA N. FRENZEN — Recordkeeper
- MINETTE S. CLARKE — Recordkeeper
- ANN M. MCNEAL — Recordkeeper
- PAQUITA L. BROOKS — Recordkeeper
- KIMBERLY A. GREENWELL — Recordkeeper
- PAMELA J. EVANS — Recordkeeper
- SHARON A. THOMPSON — Recordkeeper
- CHRIS H. LEEMAN — Recordkeeper
- MARY B. BROWNE — Recordkeeper
- SHELBY F. MONTGOMERY — Recordkeeper
- CAROL A. STROHMEYER — Recordkeeper
- JENELL E. GANDY — Recordkeeper
- SHAWN S. WERFEL — Recordkeeper
- MACHELLE A. TERRY-COURTNEY — Recordkeeper
- ERICA M. ESCOBAR — Recordkeeper
- WANDA LEE LOHEED — Recordkeeper
- JOHN G. WHITT — Recordkeeper
- SYDNEY A. TOLBERT — Recordkeeper
- CHRISTINE J. DAVIS — Recordkeeper
- KATLYN L. GAGNON — Recordkeeper
- MARY C. WILLS — Recordkeeper
- MARY E. BOGGS — Recordkeeper
- MADISON A. DAVIS — Recordkeeper
- BRITTANY R. STROHMEYER — Recordkeeper
- ROCHELLE R. BLACKISTON — Recordkeeper
- JESSICA F. EVERSBERG — Recordkeeper
- SHANISE D. DAMES — Recordkeeper
- KIRSTEN A. EVERSBERG — Recordkeeper
- KIA L. GILLIARD WILLIAMS — Recordkeeper
- TYSHEENA M. BRISCOE — Recordkeeper
- ASHLYN N. NICHOLS — Recordkeeper
- ANNA J. BUCKLER — Recordkeeper
- VIRGINIA TREVETHAN — Recordkeeper
- DR. MICHAEL SZKOTNICKI — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,865,425
- Estimated Expense Ratio: 2.407% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $17,071,091 | $1,100,727 | — | $139,116 | — |
| 2023 | $15,567,478 | $943,866 | — | $148,536 | — |
| 2022 | $15,092,717 | $813,588 | — | — | $260,395 |