Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Iron Workers Pension Plan of Western PA Pension Plan

Data updated 2026-08-25

$264M
Total assets Near avg plan size
1,093
Participants Near avg headcount
96th
Percentile by assets National rank
$241,974
Avg per participant Above avg balance/head
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Official DOL plan name: Iron Workers Pension Plan of Western Pennsylvania · Sponsored by Board of Trustees Iron Workers Pension Plan of Western PA · Pennsylvania · Construction

$264M in assets, 1,093 participants

Board of Trustees Iron Workers Pension Plan of Western PA's Iron Workers Pension Plan of Western Pennsylvania reported $264M in total assets and 1,093 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.

  • #9,525 in Construction (9,927 peers)

Where Iron Workers Pension Plan of Western Pennsylvania sits by assets

Iron Workers Pension Plan of Western Pennsylvania sits in the top 5% of all filed plans by assets, $264M for 1,093 participants (~$241,974/participant), down 12.2% in 2022.

#9,525
in Construction (9,927 peers)
-12.2%
assets change YoY
2.7×
vs typical plan assets (national mean)

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.

Iron Workers Pension Plan of Western Pennsylvania's outsized position by total assets

Iron Workers Pension Plan of Western Pennsylvania vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$264,477,274 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Iron Workers Pension Plan of Western Pennsylvania's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iron Workers Pension Plan of Western Pennsylvania lands in the large band (1,093 participants).

Plan-year Form 5500 strip

Filing strip 251283169 · Board of Trustees Iron Workers Pension Plan of Western PA PY 2022 · Defined Benefit (Pension)

Iron Workers Pension Plan of Western Pennsylvania · $264M · 1,093 · 96th

  • TYPE $264M
  • TYPE 1,093
  • TYPE 96th
  • TYPE Defined Benefit (Pension)
  • TYPE near Ipl Retirement Plan for Bargaining Unit Ees
  • TYPE ind #9525

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Pennsylvania →

Iron Workers Pension Plan of Western Pennsylvania in the asset neighbourhood

Retirement Plan for Employees of Reckitt Benckiser LLCRetirement Plan for Employee…$265MStamford Health System Retirement Income PlanStamford Health System Retir…$265MIron Workers Pension Plan of Western PennsylvaniaIron Workers Pension Plan of…$264MIpl Retirement Plan for Bargaining Unit EesIpl Retirement Plan for Barg…$264MIng Financial Services LLC Retirement PlanIng Financial Services LLC R…$264M
End-of-year total assets ($M) among Iron Workers Pension Plan of Western Pennsylvania and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$301M
Net Assets (End of Year)$264M
Net Income-$37M
Employer EIN251283169
Plan Effective Date1959-01-12
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees Iron Workers Pension Plan of Western PA plans reported in each filing year

Latest sponsor-wide plan assets
$297M 12.231160927649306% vs 2022
2024 filing year
$260M$270M$280M$290M$300M$310M 202220232024 $264M $297M ▲ +12.2%
Year Plans Participants Total Assets
2022 1 1,093 $264M
2023 1 1,034 $281M
2024 1 968 $297M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Iron Workers Pension Plan of Western Pennsylvania vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Iron Workers Pension Plan of Western Pennsylvania, Total assets ($B): 0.264477274 · Participants: 1093Iron Workers Pension Plan of Western PennsylvaniaNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Iron Workers Pension Plan of Western Pennsylvania vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Iron Workers Pension Plan of Western Pennsylvania side-by-side with 3 peers →

Iron Workers Pension Plan of Western Pennsylvania's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Ipl Retirement Plan for Bargaining Unit Ees in WI ($264M); by covered participants it is Quanex Building Products Salaried and Nonunion Employee Pension Plan in TX (1,094 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,093 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Iron Workers Pension Plan of Western Pennsylvania assets move in 2022? ▼
Iron Workers Pension Plan of Western Pennsylvania pulled back noticeably - down 12.2% during 2022, from $301M to $264M. Reported net income was -$37M.
How have Board of Trustees Iron Workers Pension Plan of Western PA plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers Pension Plan of Western PA's sponsor-wide assets grew 12.2%, from $264M to $297M.
Where does Iron Workers Pension Plan of Western Pennsylvania rank by assets among Form 5500 filers? ▼
Iron Workers Pension Plan of Western Pennsylvania ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Iron Workers Pension Plan of Western Pennsylvania? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ipl Retirement Plan for Bargaining Unit Ees in WI ($264M, 447 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers Pension Plan of Western Pennsylvania? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Quanex Building Products Salaried and Nonunion Employee Pension Plan in TX (1,094 participants, $28M in assets).

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 251283169.

Read our methodology - how this data is sourced, computed, and verified.

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