Iron Workers Pension Plan of Western Pennsylvania

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team

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

Sponsored by Board of Trustees Iron Workers Pension Plan of Western PA · Pennsylvania · Construction

What the 2023 filing shows

Iron Workers Pension Plan of Western Pennsylvania holds $264M for 1,093 participants — about $241,974 per participant, down 12.2% over the 2022 plan year.

$264M
total plan assets (2022 EOY): 1,093
covered participants: $241,974
avg assets per participant: -12.2%
assets change YoY

The plan reported a net loss of $37M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$264M

Participants

1,093

State

Pennsylvania

Industry

Construction

What the Filing Says About Iron Workers Pension Plan of Western Pennsylvania

Iron Workers Pension Plan of Western Pennsylvania is a Other retirement plan sponsored by Board of Trustees Iron Workers Pension Plan of Western PA, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $264M in total end-of-year assets and covers 1,093 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 251283169, and the plan has been effective since 1959-01-12. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $301M at the beginning of 2022 to $264M at year-end — a decline of 12.2%. Net assets (after liabilities) closed the year at $264M, with reported net income of $-36,755,263 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)	$301M
Total Assets (End of Year)	$264M
Net Assets (End of Year)	$264M
Net Income	$-36,755,263
Plan Type	Other
Employer EIN	251283169
Plan Effective Date	1959-01-12
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers Pension Plan of Western PA)

Year	Plans	Participants	Total Assets
2022	1	1,093	$264M
2023	1	1,034	$281M
2024	1	968	$297M

Nearby Other Plans in Pennsylvania

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

National Elevator Industry Pension Plan $11.2B · 27,434
Wawa, Inc. Employee Stock Ownership Plan $5.3B · 42,695
Eastern Atlantic States Carpenters Pension Fund $4.7B · 11,775
The University of Pennsylvania Health System 403(b) Retirement Savings Plan $3.1B · 41,942
Glaxosmithkline Cash Balance Pension Plan $2.9B · 8,441

Compare Iron Workers Pension Plan of Western Pen… side-by-side with 3 peers →

Related Data

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Frequently Asked Questions

How much money is in the Iron Workers Pension Plan of Western Pennsylvania? ▼

As of the 2022 Form 5500 filing, Iron Workers Pension Plan of Western Pennsylvania holds $264M in total assets with 1,093 participants. It is sponsored by Board of Trustees Iron Workers Pension Plan of Western PA.

What type of plan is Iron Workers Pension Plan of Western Pennsylvania? ▼

Iron Workers Pension Plan of Western Pennsylvania is a Other plan. It has been effective since 1959-01-12. The plan is filed with the U.S. Department of Labor under EIN 251283169.

Who sponsors the Iron Workers Pension Plan of Western Pennsylvania? ▼

Iron Workers Pension Plan of Western Pennsylvania is sponsored by Board of Trustees Iron Workers Pension Plan of Western PA, located in Pennsylvania. The sponsor's EIN is 251283169 and the plan operates in the Construction industry.

How did Iron Workers Pension Plan of Western Pennsylvania perform in 2022? ▼

Iron Workers Pension Plan of Western Pennsylvania declined by 12.2% during 2022, moving from $301M to $264M in total assets. Net income was $-36,755,263.

Where can I find official filings for Iron Workers Pension Plan of Western Pennsylvania? ▼

Official Form 5500 filings for Iron Workers Pension Plan of Western Pennsylvania are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 251283169 or plan name at efast.dol.gov.

How does Iron Workers Pension Plan of Western Pennsylvania compare to other plans? ▼

You can compare Iron Workers Pension Plan of Western Pennsylvania against other Other plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.