Money Purchase · DOL Form 5500 · 2022
Board of Trustees Iron Workers Money Purchase Plan
Data updated 2026-08-06
- $500M
- Total assets
- 6,992
- Participants
- 98th
- Percentile by assets
- $71,450
- Avg per participant
Official DOL plan name: Iron Workers District Council of New England Annuity Fund · Sponsored by Board of Trustees Iron Workers · Massachusetts · Construction
$500M in assets, 6,992 participants
Board of Trustees Iron Workers's Iron Workers District Council of New England Annuity Fund reported $500M in total assets and 6,992 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,258 plans)
- #9,723 in Construction (9,938 peers)
Coverage in Massachusetts
Iron Workers District Council of New England Annuity Fund covers 6,992 participants in Massachusetts, 11x the typical Massachusetts plan (state average ~641 per filing). Assets: $500M.
- $500M
- total plan assets (2022 EOY)
- 6,992
- covered participants
- 98th
- percentile by assets (of 139,258 plans)
- $71,450
- avg assets per participant
The plan reported a net loss of $86M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Iron Workers District Council of New England Annuity Fund reports 6,992 participants - 11x that state average ($500M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $586M |
|---|---|
| Net Assets (End of Year) | $499M |
| Net Income | -$86M |
| Employer EIN | 042647320 |
| Plan Effective Date | 1972-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Iron Workers)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,992 | $500M |
| 2023 | 1 | 7,428 | $567M |
| 2024 | 1 | 7,659 | $614M |
Nearby Money Purchase Plans in Massachusetts
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Iron Workers District Council of New England Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants
- The Mitre Corporation Qualified Retirement Plan $2.2B · 12,021
- Massachusetts Laborers' Annuity Fund $2.0B · 11,530
- Retirement Income Plan for Teaching Faculty of Harvard University $1.9B · 2,698
- Harvard University Defined Contribution Retirement Plan $1.5B · 12,417
- Electrical Workers Deferred Income Plan Local 103, I.B.E.W. $1.4B · 8,275
Scale composition for Iron Workers District Council of New England Annuity Fund
Iron Workers District Council of New England Annuity Fund reports $500M in end-of-year assets across 6,992 participants (0.004% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $71,450 per participant (52% of the national average assets-per-participant) . Net income for plan year 2022 was -$86M.
This plan identity (EIN 042647320, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $500M to $614M (+22.9%) while covered participants moved from 6,992 to 7,659 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,992 | $500M | This page |
| 2023 | 7,428 | $567M | Open filing |
| 2024 · index core | 7,659 | $614M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Iron Workers District Council of New England Annuity Fund (Money Purchase, $614M, 7,659 participants)
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Iron Workers District Council of New England Annuity Fund by total assets, not by location.
- Hawaii Carpenters Financial Security Fund (HI) $492M · 4,036
- The Rand Corporation 401(a) Qualified Retirement Plan (CA) $514M · 2,084
- San Mateo County Electrical Construction Industry Retiremt Plan (CA) $514M · 1,137
- Virginia Mason Medical Center Retirement Plan (WA) $481M · 5,662
Frequently Asked Questions
How did Iron Workers District Council of New England Annuity Fund assets move in 2022? ▼
How have Board of Trustees Iron Workers plan assets changed over time? ▼
Where does Iron Workers District Council of New England Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Iron Workers District Council of New England Annuity Fund? ▼
Next read for Iron Workers District Council of New Eng…
Filing takeaways
Ways to act on Iron Workers District Council of New England Annuity Fund's numbers.
- By total assets, Iron Workers District Council of New England Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Massachusetts. Compare plans
- Board of Trustees Iron Workers's sponsor-wide assets have grown 22.9% since 2022 across 3 plan years on file. More Construction plans