Maryland › Manufacturing › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Fish Canners - United Industrial Workers Pension Plan
Sponsored by Board of Trustees, Fish Canners - Uiw Penson Trust, Camp Springs, MD
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Fish Canners - United Industrial Workers Pension Plan covered 1,249 participants and held $11.8M in net assets. The plan is a defined benefit pension plan sponsored by Board of Trustees, Fish Canners - Uiw Penson Trust of Camp Springs, Maryland. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $9,476 per participant, well below the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and well below the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 6 service provider organisations paid $5,000 or more, with reported compensation of $213K: $170 per participant, well below the same-size median of $325. Administrative expenses charged to the plan were $290K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $22.6M in 2009 to $11.8M in 2024 (down 48%), and participants from 1,651 to 1,249 (down 24%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $9,476 | $87,935 | $67,961 | $86,221 |
| Employer contributions per active participant | — | $10,593 | $6,915 | $10,244 |
| Schedule C compensation per participant | $170 | $325 | $299 | $344 |
| Schedule C compensation, share of net assets | 1.8% | 0.41% | 0.47% | 0.42% |
| Administrative expenses per participant | $232 | $513 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 1,249 | $11.8M | $9,476 | — | — | $213K |
| 2023 | 1,258 | $12.1M | $9,649 | — | — | $211K |
| 2022 | 1,287 | $12.8M | $9,930 | — | — | $221K |
| 2021 | 1,330 | $16.4M | $12,295 | — | — | $224K |
| 2020 | 1,321 | $15.6M | $11,773 | — | — | $244K |
| 2019 | 1,428 | $16.1M | $11,270 | — | — | $201K |
| 2018 | 1,425 | $15.9M | $11,177 | — | — | $208K |
| 2017 | 1,442 | $18.0M | $12,502 | — | — | $216K |
| 2016 | 1,470 | $18.2M | $12,350 | — | — | $217K |
| 2015 | 1,517 | $19.1M | $12,578 | — | — | $212K |
| 2014 | 1,516 | $20.7M | $13,633 | — | — | $213K |
| 2013 | 1,537 | $21.4M | $13,901 | — | — | $247K |
| 2012 | 1,554 | $21.0M | $13,487 | — | — | $249K |
| 2011 | 1,589 | $21.3M | $13,417 | — | — | $271K |
| 2010 | 1,668 | $22.7M | $13,583 | — | — | $270K |
| 2009 | 1,651 | $22.6M | $13,714 | — | — | $309K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$12,138,082
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$1,644,894
- Benefits paid$1,657,475
- Administrative expenses$290,277
- Total expenses$1,947,752
- Net income−$302,858
- Net transfers$0
- Net assets, end of year$11,835,224
Participants
- Active participants—
- Retired or separated, receiving benefits816
- Retired or separated, entitled to future benefits386
- Total participants, end of year1,249
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Seafarers Vacation Plan | Recordkeeping and information management | $50,000 | $0 |
| Basil Castrovinci Associates Inc. | Actuarial | $45,000 | $0 |
| Morgan Stanley Smith Barney LLC | Investment management; Securities brokerage; Custodial (securities); Investment advisory (plan); Other services | $44,666 | $0 |
| UBS Realty Investors LLC | Investment advisory (plan); Custodial (other than securities) | $31,705 | $0 |
| Weaver and Tidwell, LLP | Accounting (including auditing) | $24,000 | $0 |
| Comerica Bank | Other services | $17,415 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$127,491
- Investment advisory and management fees$76,371
- Actuarial fees$45,000
- IQPA audit fees$24,000
- Trustee and custodial fees$17,415
- Total administrative expenses$290,277
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Corporate stocks$4.9M · 41.7%
- Partnership/joint venture interests$2.9M · 24.3%
- Registered investment companies (mutual funds)$1.6M · 13.3%
- U.S. Government securities$1.5M · 12.9%
- Corporate debt instruments$566K · 4.8%
- Cash (interest and non-interest bearing)$315K · 2.7%
- Receivables$34K · 0.3%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmWeaver and Tidwell, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)1IFrozen plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 311900: Other Food Mfg (including coffee, tea, flavorings & seasonings).
Similar plans in Maryland
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Crown Central Retirement Plan | Rosemore, Inc. | 1,630 | $160M | $98,147 |
| Industry and Local 338 Pension Fund | Board of Trustees of Industry and Local 338 Pension Fund | 1,050 | $109M | $104,112 |
| The Esab Group, Inc. Consolidated Retirement Plan | The Esab Group, Inc. | 2,459 | $139M | $56,659 |
| Milk Drivers and Dairy Employees Local 246 Pension Fund | Milk Drivers & Dairy Employees Local No. 246 of Washington D.C Pension | 960 | $105M | $109,149 |
| United Industrial Workers Pension Plan | Board of Trustees United Industrial Work | 3,289 | $144M | $43,757 |
| Middle River Aerostructure Systems Hourly Pension Plan | Mra Systems, LLC | 872 | $113M | $129,693 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Fish Canners - United Industrial Workers Pension Plan?
1,249 participants at the end of the plan year ending 31 Dec 2024, with net assets of $11,835,224. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does Board of Trustees, Fish Canners - Uiw Penson Trust contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $212,786 in compensation to service provider organisations, $170 per participant or 1.8% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $290,277. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Board of Trustees, Fish Canners - Uiw Penson Trust. Recordkeeping or administration: Seafarers Vacation Plan. Investment advisory or management: Morgan Stanley Smith Barney LLC and UBS Realty Investors LLC. Trustee or custodian: Morgan Stanley Smith Barney LLC and UBS Realty Investors LLC. The financial statements were audited by Weaver and Tidwell, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 9 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 95-6042211, plan 001, received 9 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.