Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Seafarers Internationa Union Agliw 401(K) Plan401(k)

SEAFARERS INTERNATIONAL UNION AGLIW 401(K) PLAN · CAMP SPRINGS, MD · plan year 2024

Reported admin expense ratio · 2024
0.22%

Board of Trustees Seafarers Internationa Union Agliw 401(K) Plan reported $162,815 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.28% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 212th-largest of 1,671 plans among Maryland employers on file, and the 279th of 2,677 in transportation & warehousing. active participation has shrunk from 15,748 to 2,348 since 2022.

Plan summary
Net assets, end of year$80,357,147
Participants with balances2,242
Active participants2,348
Employer contributions—
Employee contributions$8,432,309
Employer contribution per active participant—
Average account balance$35,842
Benefits paid to participants$5,696,137
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.4M · 2,242 accts
2023$67.2M · 2,123 accts
2022$55.5M · 1,997 accts
Administrative expenses, itemized · 2024
Investment management$81,053
Audit (IQPA)$29,805
Trustee / custodial$7,078
Total administrative$162,815
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
MORGAN STANLEY WEALTH MGMT · Investment advisory (plan)$81,053
SEAFARERS VACATION PLAN$51,602
WEAVER AND TIDWELL, LLP · Accounting / audit$21,925
BUCHBINDER TUNICK & CO LLP · Accounting / audit$7,880

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$162,815 · 0.22%
2023$149,658 · 0.24%
2022$166,524 · 0.28%
Similar plansTransportation & Warehousing · Maryland
The Vane Brothers Company MD$109.2M · 0.06%
Peak Technologies, Inc. MD$93.3M · 0.09%
Cowan Systems, LLC MD$37.0M · 0.18%
Carey International, Inc. MD$25.3M · 0.02%
Rukert Terminals Corp. MD$24.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261527179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.