Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Ironworkers Local #16 Pension Fund Pension Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
167
Participants Small participant base
90th
Percentile by assets National rank
$387,008
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ironworkers Local #16 Pension Plan · Sponsored by Board of Trustees Ironworkers Local #16 Pension Fund · Washington · Construction

$65M in assets, 167 participants

Board of Trustees Ironworkers Local #16 Pension Fund's Ironworkers Local #16 Pension Plan reported $65M in total assets and 167 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,768 in Construction (9,927 peers)

Coverage in Washington

Ironworkers Local #16 Pension Plan covers 167 participants in Washington, about 11% of the average Washington filer (state average ~1,476 per filing). Assets: $65M.

#8,768
in Construction (9,927 peers)
-18.7%
assets change YoY
0.6×
vs typical plan assets (national mean)

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.

Ironworkers Local #16 Pension Plan's outsized position by total assets

Ironworkers Local #16 Pension Plan vs every filed plan by assets

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

$64,630,412 Top 10% higher than 90% 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

Ironworkers Local #16 Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ironworkers Local #16 Pension Plan sits mid-pack in the medium band (167 participants).

Published 5500 schedule card

Filing strip 526148924 · Board of Trustees Ironworkers Local #16 Pension Fund PY 2022 · Defined Benefit (Pension)

Ironworkers Local #16 Pension Plan · $65M · 167 · 90th

  • TYPE $65M
  • NET 167
  • BOOK 90th
  • VS-ST Defined Benefit (Pension)
  • BOY near Bricklayers & Allied Craftworkers Local 3 Ny Rochester Chapter Pension Fund
  • SCH ind #8768

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 Washington →

Ironworkers Local #16 Pension Plan in the asset neighbourhood

Bricklayers & Allied Craftworkers Local 3 Ny Rochester Chapter Pension FundBricklayers & Allied Craftwo…$65MIronworkers Local #16 Pension PlanIronworkers Local #16 Pensio…$65MStahl Specialty Company/Watry Industries Employees' Pension PlanStahl Specialty Company/Watr…$65MDebevoise & Plimpton LLP Cash Balance Retirement Plan for PartnersDebevoise & Plimpton LLP Cas…$65MThe Retirement Plan of Kennebunk Savings BankThe Retirement Plan of Kenne…$65M
End-of-year total assets ($M) among Ironworkers Local #16 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Washington filing particulars

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$60M
Net Income-$14M
Employer EIN526148924
Plan Effective Date1960-07-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Ironworkers Local #16 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Ironworkers Local #16 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$127M 96.10009294076602% vs 2022
2024 filing year
$40M$60M$80M$100M$120M$140M 202220232024 $64.6M $127M ▲ +96.1%
Year Plans Participants Total Assets
2022 1 167 $65M
2023 1 117 $129M
2024 1 110 $127M

Nearby Defined Benefit (Pension) Plans in Washington

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

Ironworkers Local #16 Pension Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Ironworkers Local #16 Pension Plan, Total assets ($B): 0.064630412 · Participants: 167Ironworkers Local #16 Pension PlanWestern Conference of Teamsters Pension Plan, Total assets ($B): 53.719854718 · Participants: 226505Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.232670781 · Participants: 34042The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 17.057699432 · Participants: 34972The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 2.972366874 · Participants: 15284Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 2.815845616 · Participants: 8083Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
Ironworkers Local #16 Pension Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants
Compare Ironworkers Local #16 Pension Plan side-by-side with 3 peers →

Ironworkers Local #16 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is Bricklayers & Allied Craftworkers Local 3 Ny Rochester Chapter Pension Fund in NY ($65M); by covered participants it is Instrumentarium Cash Balance Plan in IL (167 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (167 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 Ironworkers Local #16 Pension Plan assets move in 2022? ▼
Ironworkers Local #16 Pension Plan declined sharply - down 18.7% during 2022, from $79M to $65M. Reported net income was -$14M.
How have Board of Trustees Ironworkers Local #16 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Ironworkers Local #16 Pension Fund's sponsor-wide assets grew 96.1%, from $65M to $127M.
Where does Ironworkers Local #16 Pension Plan rank by assets among Form 5500 filers? ▼
Ironworkers Local #16 Pension Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Ironworkers Local #16 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bricklayers & Allied Craftworkers Local 3 Ny Rochester Chapter Pension Fund in NY ($65M, 358 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ironworkers Local #16 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Instrumentarium Cash Balance Plan in IL (167 participants, $68M 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 526148924.

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.