Profit Sharing · DOL Form 5500 · 2022

Board of Trustees of Structural Iw Local #1 Annuity Plan Profit Sharing Plan

Data updated 2026-08-06

$393M
Total assets
3,069
Participants
97th
Percentile by assets
$128,197
Avg per participant
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Official DOL plan name: Structural Iron Workers Local #1 Annuity Plan · Sponsored by Board of Trustees of Structural Iw Local #1 Annuity Plan · Illinois · Construction

$393M in assets, 3,069 participants

Board of Trustees of Structural Iw Local #1 Annuity Plan's Structural Iron Workers Local #1 Annuity Plan reported $393M in total assets and 3,069 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,258 plans)
  • #9,646 in Construction (9,938 peers)

Coverage in Illinois

Structural Iron Workers Local #1 Annuity Plan covers 3,069 participants in Illinois, 4.0x the typical Illinois plan (state average ~768 per filing). Assets: $393M.

$393M
total plan assets (2022 EOY)
3,069
covered participants
97th
percentile by assets (of 139,258 plans)
$128,197
avg assets per participant

The plan reported a net loss of $30M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Structural Iron Workers Local #1 Annuity Plan reports 3,069 participants - 4.0x that state average ($393M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$423M
Net Assets (End of Year)$393M
Net Income-$30M
Employer EIN366551011
Plan Effective Date1974-04-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Structural Iw Local #1 Annuity Plan)

$380M$400M$420M$440M$460M 202220232024 $393M $444M ▲ +12.8%
Total plan assets by year, all Board of Trustees of Structural Iw Local #1 Annuity Plan plans on file
Year Plans Participants Total Assets
2022 1 3,069 $393M
2023 1 3,083 $416M
2024 1 3,530 $444M

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Structural Iron Workers Local #1 Annuity Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Structural Iron Workers Local #1 Annuity Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 01234 Total assets ($B) Participants Structural Iron Work…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Accenture United Sta…
Structural Iron Workers Local #1 Annuity Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Structural Iron Workers Local #1 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Structural Iron Workers Local #1 Annuity Plan assets move in 2022?
Structural Iron Workers Local #1 Annuity Plan pulled back noticeably - down 7.0% during 2022, from $423M to $393M. Reported net income was -$30M.
How have Board of Trustees of Structural Iw Local #1 Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Structural Iw Local #1 Annuity Plan's sponsor-wide assets grew 12.8%, from $393M to $444M.
Where does Structural Iron Workers Local #1 Annuity Plan rank by assets among Form 5500 filers?
Structural Iron Workers Local #1 Annuity Plan ranks in the 97th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Structural Iron Workers Local #1 Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is The Lee Company Profit Sharing Plan in CT ($396M, 930 participants).

Next read for Structural Iron Workers Local #1 Annuity…

Filing takeaways

Ways to act on Structural Iron Workers Local #1 Annuity Plan's numbers.

  • By total assets, Structural Iron Workers Local #1 Annuity Plan 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 Illinois. Compare plans
  • Board of Trustees of Structural Iw Local #1 Annuity Plan's sponsor-wide assets have grown 12.8% since 2022 across 3 plan years on file. More Construction plans