Ironworkers Local #16 Pension Plan
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Board of Trustees Ironworkers Local #16 Pension Fund · Washington · Construction
What the 2023 filing shows
Ironworkers Local #16 Pension Plan holds $65M for 167 participants — about $387,008 per participant, down 18.7% over the 2022 plan year.
- $65M
- total plan assets (2022 EOY)
- 167
- covered participants
- $387,008
- avg assets per participant
- -18.7%
- assets change YoY
The plan reported a net loss of $14M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Ironworkers Local #16 Pension Plan
Ironworkers Local #16 Pension Plan is a Other retirement plan sponsored by Board of Trustees Ironworkers Local #16 Pension Fund, headquartered in Washington. As of the 2022 Form 5500 filing, the plan reports $65M in total end-of-year assets and covers 167 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 526148924, and the plan has been effective since 1960-07-19. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $79M at the beginning of 2022 to $65M at year-end — a decline of 18.7%. Net assets (after liabilities) closed the year at $60M, with reported net income of $-14,425,495 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) | $79M |
| Total Assets (End of Year) | $65M |
| Net Assets (End of Year) | $60M |
| Net Income | $-14,425,495 |
| Plan Type | Other |
| Employer EIN | 526148924 |
| Plan Effective Date | 1960-07-19 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Ironworkers Local #16 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 167 | $65M |
| 2023 | 1 | 117 | $129M |
| 2024 | 1 | 110 | $127M |
Nearby Other Plans in Washington
Peer Other plans — same state, same plan type — ranked by total assets.
- Western Conference of Teamsters Pension Plan $57.4B · 229,511
- The Pension Value Plan for Employees of the Boeing Company $25.0B · 31,566
- Northwest Carpenters Retirement Plan $3.3B · 15,892
- Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan $3.1B · 8,339
- Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan $3.0B · 3,694
Related Data
Guides
Frequently Asked Questions
How much money is in the Ironworkers Local #16 Pension Plan? ▼
What type of plan is Ironworkers Local #16 Pension Plan? ▼
Who sponsors the Ironworkers Local #16 Pension Plan? ▼
How did Ironworkers Local #16 Pension Plan perform in 2022? ▼
Where can I find official filings for Ironworkers Local #16 Pension Plan? ▼
How does Ironworkers Local #16 Pension Plan compare to other plans? ▼
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 526148924.
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.
Read our methodology — how this data is sourced, computed, and verified.