Plan Snapshot
- Plan Sponsor: Board Of Trustees Seafarers Internationa Union Agliw 401(K) Plan
- Sponsor EIN: 261527179
- Sponsor Address: 5201 CAPITAL GATEWAY DRIVE, CAMP SPRINGS, MD, 207464211
- Plan Type: DC
- Total Participants: 2,348
- Total Assets: $80.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,348 | $80.4M | $0 | $8.4M |
| 2023 | 16,059 | $67.3M | $0 | $7.3M |
| 2022 | 15,748 | $55.5M | $0 | $7.0M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY WEALTH MGMT | INVESTMENT ADVISOR | $81,053 | — | $81,053 |
| SEAFARERS VACATION PLAN | RELATED ORGANIZATION | $51,602 | — | $51,602 |
| WEAVER AND TIDWELL, LLP | AUDITOR | $21,925 | — | $21,925 |
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $18,926 | — | $18,926 |
| BUCHBINDER TUNICK & CO LLP | AUDITOR | $7,880 | — | $7,880 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY WEALTH MGMT — INVESTMENT ADVISOR
- SEAFARERS VACATION PLAN — RELATED ORGANIZATION
- WEAVER AND TIDWELL, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $181,386
- Estimated Expense Ratio: 0.226% 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 | $162,815 | $81,053 | — | $29,805 | — |
| 2023 | $149,658 | $74,794 | $15,000 | — | — |
| 2022 | $166,524 | $71,754 | $21,947 | — | $23,735 |