Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees of the Twin City Ironworkers Pension Fund Pension Plan
Data updated 2026-08-11
- $408M
- Total assets
- 1,322
- Participants
- 98th
- Percentile by assets
- $308,689
- Avg per participant
Official DOL plan name: Twin City Ironworkers Pension Plan · Sponsored by Board of Trustees of the Twin City Ironworkers Pension Fund · Minnesota · Construction
$408M in assets, 1,322 participants
Board of Trustees of the Twin City Ironworkers Pension Fund's Twin City Ironworkers Pension Plan reported $408M in total assets and 1,322 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #9,649 in Construction (9,927 peers)
Where Twin City Ironworkers Pension Plan sits by assets
Twin City Ironworkers Pension Plan sits in the top 5% of all filed plans by assets, $408M for 1,322 participants (~$308,689/participant), down 14.8% in 2022.
- $408M
- total plan assets (2022 EOY)
- 1,322
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $308,689
- avg assets per participant
The plan reported a net loss of $71M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Twin City Ironworkers Pension Plan vs the 2022 asset distribution
By assets, Twin City Ironworkers Pension Plan outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 4.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $479M |
|---|---|
| Net Assets (End of Year) | $408M |
| Net Income | -$71M |
| Employer EIN | 416084127 |
| Plan Effective Date | 1967-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Twin City Ironworkers Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,322 | $408M |
| 2023 | 1 | 1,353 | $432M |
| 2024 | 1 | 1,387 | $454M |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Twin City Ironworkers Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- 3M Employee Retirement Income Plan $14.0B · 12,160
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- Target Corporation Pension Plan $3.3B · 50,515
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Twin City Ironworkers Pension Plan by total assets, not by location.
- Integris Health, Inc. Retirement Plan a (OK) $408M · 1,297
- Parkview Health System, Inc. Employees Pension Plan (IN) $408M · 1,618
- Grant Thornton LLP Employees' Retirement Plan (IL) $408M · 7,156
- Hawaii Pacific Health Retirement Plan (HI) $408M · 5,589
Frequently Asked Questions
How did Twin City Ironworkers Pension Plan assets move in 2022? ▼
How have Board of Trustees of the Twin City Ironworkers Pension Fund plan assets changed over time? ▼
Where does Twin City Ironworkers Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Twin City Ironworkers Pension Plan? ▼
Next read for Twin City Ironworkers Pension Plan
Scale reading
Ways to act on Twin City Ironworkers Pension Plan's numbers.
- By total assets, Twin City Ironworkers Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
- Board of Trustees of the Twin City Ironworkers Pension Fund's sponsor-wide assets have grown 11.2% since 2022 across 3 plan years on file. More Construction plans