# Board Of Trustees Seafarers Money Purchase Pension Plan DC Plan
Source: https://planprovider.pro/companies/board-of-trustees-seafarers-money-purchase-pension-plan-plan

> Board Of Trustees Seafarers Money Purchase Pension Plan&#39;s DC plan: 8,505 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Seafarers Money Purchase Pension Plan

- **Sponsor EIN:** 521994914

- **Sponsor Address:** 5201 CAPITAL GATEWAY DRIVE, CAMP SPRINGS, MD, 20746

- **Plan Type:** DC

- **Total Participants:** 8,505

- **Total Assets:** $167.7M

## 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|8,505|$167.7M|$12.2M|$115,604|

| 2023|8,583|$154.8M|$10.8M|$133,974|

| 2022|7,644|$147.7M|$10.1M|$166,973|

## 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 FUND|Other Service Provider|$638,006|—|$638,006|

| MORGAN STANLEY SMITH BARNEY LLC|Other Service Provider|$444,816|—|$444,816|

| JPMORGAN CHASE BANK, N.A.|Other Service Provider|$71,614|—|$71,614|

| ATALANTA SOSNOFF CAPITAL|Other Service Provider|$57,249|—|$57,249|

| WEAVER AND TIDWELL, LLP|Other Service Provider|$53,741|—|$53,741|

| BASIL CASTROVINCI ASSOCIATES INC|Other Service Provider|$46,740|—|$46,740|

| QUAN-VEST CONSULTANTS, INC.|Other Service Provider|$15,000|—|$15,000|

| COMERICA BANK|Other Service Provider|$9,378|—|$9,378|

| GALINDEZ LLC|Other Service Provider|$9,318|—|$9,318|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SEAFARERS VACATION FUND](https://planprovider.pro/provider/john-hancock) — Other Service Provider

- [MORGAN STANLEY SMITH BARNEY LLC](https://planprovider.pro/provider/jp-morgan-asset-management) — Other Service Provider

- [JPMORGAN CHASE BANK, N.A.](https://planprovider.pro/provider/jp-morgan-asset-management) — Other Service Provider

- [WEAVER AND TIDWELL, LLP](https://planprovider.pro/provider/weaver-and-tidwell-llp) — Other Service Provider

- [GALINDEZ LLC](https://planprovider.pro/provider/galindez-llc) — Other Service Provider

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,345,862

- **Estimated Expense Ratio:** 0.803% 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|$1,518,374|$605,111|—|$53,741|—|

| 2023|$1,389,816|$582,734|—|$64,368|—|

| 2022|$1,260,680|$600,540|—|—|$95,916|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-seafarers-money-purchase-pension-plan-plan)

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