Other
2022 plan-year Other DOL Form 5500

Twin City Ironworkers Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Board of Trustees of the Twin City Ironworkers Pension Fund · Minnesota · Construction

What the 2023 filing shows

Twin City Ironworkers Pension Plan holds $408M for 1,322 participants — about $308,689 per participant, down 14.8% over the 2022 plan year.

$408M
total plan assets (2022 EOY)
1,322
covered participants
$308,689
avg assets per participant
-14.8%
assets change YoY

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.

Total Assets (2023)
$408M
Participants
1,322
State
Industry
Construction

What the Filing Says About Twin City Ironworkers Pension Plan

Twin City Ironworkers Pension Plan is a Other retirement plan sponsored by Board of Trustees of the Twin City Ironworkers Pension Fund, headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $408M in total end-of-year assets and covers 1,322 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 416084127, and the plan has been effective since 1967-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $479M at the beginning of 2022 to $408M at year-end — a decline of 14.8%. Net assets (after liabilities) closed the year at $408M, with reported net income of $-71,100,996 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$479M
Total Assets (End of Year)$408M
Net Assets (End of Year)$408M
Net Income$-71,100,996
Plan TypeOther
Employer EIN416084127
Plan Effective Date1967-05-01
Filing StatusFILING 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 Other Plans in Minnesota

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Twin City Ironworkers Pension Plan?
As of the 2022 Form 5500 filing, Twin City Ironworkers Pension Plan holds $408M in total assets with 1,322 participants. It is sponsored by Board of Trustees of the Twin City Ironworkers Pension Fund.
What type of plan is Twin City Ironworkers Pension Plan?
Twin City Ironworkers Pension Plan is a Other plan. It has been effective since 1967-05-01. The plan is filed with the U.S. Department of Labor under EIN 416084127.
Who sponsors the Twin City Ironworkers Pension Plan?
Twin City Ironworkers Pension Plan is sponsored by Board of Trustees of the Twin City Ironworkers Pension Fund, located in Minnesota. The sponsor's EIN is 416084127 and the plan operates in the Construction industry.
How did Twin City Ironworkers Pension Plan perform in 2022?
Twin City Ironworkers Pension Plan declined by 14.8% during 2022, moving from $479M to $408M in total assets. Net income was $-71,100,996.
Where can I find official filings for Twin City Ironworkers Pension Plan?
Official Form 5500 filings for Twin City Ironworkers Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 416084127 or plan name at efast.dol.gov.
How does Twin City Ironworkers Pension Plan compare to other plans?
You can compare Twin City Ironworkers Pension Plan against other Other plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 416084127.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.