Money Purchase · DOL Form 5500 · 2022

Board of Trustees of Iron Workers Local 395 Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$52M
Total assets
656
Participants
88th
Percentile by assets
$78,858
Avg per participant
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Official DOL plan name: Iron Workers Local 395 Annuity Fund · Sponsored by Board of Trustees of Iron Workers Local 395 Annuity Fund · Illinois · Construction

$52M in assets, 656 participants

Board of Trustees of Iron Workers Local 395 Annuity Fund's Iron Workers Local 395 Annuity Fund reported $52M in total assets and 656 participants in its 2022 DOL Form 5500 filing, ranking in the 88th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 88th percentile by assets (of 139,126 plans)
  • #8,605 in Construction (9,927 peers)

Where Iron Workers Local 395 Annuity Fund sits by assets

Iron Workers Local 395 Annuity Fund sits in the top quartile of all filed plans by assets, $52M for 656 participants (~$78,858/participant), down 12.2% in 2022.

$52M
total plan assets (2022 EOY)
656
covered participants
88th
percentile by assets (of 139,126 plans)
$78,858
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Iron Workers Local 395 Annuity Fund vs the 2022 asset distribution

By assets, Iron Workers Local 395 Annuity Fund outranks 88% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$52M
Net Income-$7M
Employer EIN351959984
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Iron Workers Local 395 Annuity Fund)

$40M$50M$60M$70M$80M 202220232024 $51.7M $70.2M ▲ +35.8%
Total plan assets by year, all Board of Trustees of Iron Workers Local 395 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 656 $52M
2023 1 700 $62M
2024 1 824 $70M

Nearby Money Purchase Plans in Illinois

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Iron Workers Local 395 Annuity Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants

Iron Workers Local 395 Annuity Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0100020003000 0200400600800 Total assets ($M) Participants Iron Workers Local 3…Retirement Plan for …NECA-IBEW Local 176 …NECA-IBEW Local 364 …Smart Local 265 Supp…International Associ…
Iron Workers Local 395 Annuity Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Iron Workers Local 395 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Iron Workers Local 395 Annuity Fund assets move in 2022?
Iron Workers Local 395 Annuity Fund pulled back noticeably - down 12.2% during 2022, from $59M to $52M. Reported net income was -$7M.
How have Board of Trustees of Iron Workers Local 395 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Iron Workers Local 395 Annuity Fund's sponsor-wide assets grew 35.8%, from $52M to $70M.
Where does Iron Workers Local 395 Annuity Fund rank by assets among Form 5500 filers?
Iron Workers Local 395 Annuity Fund ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Iron Workers Local 395 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is American Mathematical Society Retirement Plan in RI ($53M, 171 participants).

Next read for Iron Workers Local 395 Annuity Fund

Scale reading

Ways to act on Iron Workers Local 395 Annuity Fund's numbers.

  • By total assets, Iron Workers Local 395 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Illinois. Compare plans
  • Board of Trustees of Iron Workers Local 395 Annuity Fund's sponsor-wide assets have grown 35.8% since 2022 across 3 plan years on file. More Construction plans