Profit Sharing · DOL Form 5500 · 2022
Board of Trustees of the Twin City Ironworkers DC Pension Fund Profit Sharing Plan
Data updated 2026-08-11
- $260M
- Total assets
- 2,463
- Participants
- 96th
- Percentile by assets
- $105,423
- Avg per participant
Official DOL plan name: Twin City Ironworkers Defined Contribution Fund · Sponsored by Board of Trustees of the Twin City Ironworkers DC Pension Fund · Minnesota · Construction
$260M in assets, 2,463 participants
Board of Trustees of the Twin City Ironworkers DC Pension Fund's Twin City Ironworkers Defined Contribution Fund reported $260M in total assets and 2,463 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #9,517 in Construction (9,927 peers)
Coverage in Minnesota
Twin City Ironworkers Defined Contribution Fund covers 2,463 participants in Minnesota, 2.2x the typical Minnesota plan (state average ~1,126 per filing). Assets: $260M.
- $260M
- total plan assets (2022 EOY)
- 2,463
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $105,423
- avg assets per participant
The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Twin City Ironworkers Defined Contribution Fund reports 2,463 participants - 2.2x that state average ($260M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $305M |
|---|---|
| Net Assets (End of Year) | $260M |
| Net Income | -$45M |
| Employer EIN | 411876222 |
| Plan Effective Date | 1997-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Twin City Ironworkers DC Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,463 | $260M |
| 2023 | 1 | 2,539 | $322M |
| 2024 | 1 | 2,654 | $380M |
Nearby Profit Sharing Plans in Minnesota
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Twin City Ironworkers Defined Contribution Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
- Essentia Health Retirement Plan $1.6B · 14,444
- Pipe Trades Services Mn Pension Supplement Fund $1.4B · 6,268
- Allina 403(b) Retirement Savings Plan $847M · 10,170
- Fairview Health Services Pension Plan $542M · 5,177
- Cargill Employee Retirement Account Plan $397M · 18,794
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Twin City Ironworkers Defined Contribution Fund by total assets, not by location.
- Dillon Companies, LLC Employees' Profit Sharing Plan (KS) $260M · 2,235
- IBEW Local 1049 Craft Annuity Fund (NY) $261M · 3,163
- St. Luke's Health Network Defined Contribution Plan (PA) $262M · 16,811
- Pacific Coast Building Products, Inc. Profit Sharing/Ret Plan & Trust Agreement (CA) $263M · 2,211
Frequently Asked Questions
How did Twin City Ironworkers Defined Contribution Fund assets move in 2022? ▼
How have Board of Trustees of the Twin City Ironworkers DC Pension Fund plan assets changed over time? ▼
Where does Twin City Ironworkers Defined Contribution Fund rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Twin City Ironworkers Defined Contribution Fund's numbers.
- By total assets, Twin City Ironworkers Defined Contribution Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
- Board of Trustees of the Twin City Ironworkers DC Pension Fund's sponsor-wide assets have grown 46.2% since 2022 across 3 plan years on file. More Construction plans