Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees Iron Workers Pension Plan
Data updated 2026-08-11
- $586M
- Total assets
- 2,369
- Participants
- 98th
- Percentile by assets
- $247,313
- Avg per participant
Official DOL plan name: Iron Workers District Council of New England Pension Fund · Sponsored by Board of Trustees Iron Workers · Massachusetts · Construction
$586M in assets, 2,369 participants
Board of Trustees Iron Workers's Iron Workers District Council of New England Pension Fund reported $586M in total assets and 2,369 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 139,126 plans)
- #9,748 in Construction (9,927 peers)
Coverage in Massachusetts
Iron Workers District Council of New England Pension Fund covers 2,369 participants in Massachusetts, 3.6x the typical Massachusetts plan (state average ~659 per filing). Assets: $586M.
- $586M
- total plan assets (2022 EOY)
- 2,369
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $247,313
- avg assets per participant
The plan reported a net loss of $69M 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 659 participants across 4,265 plans. Iron Workers District Council of New England Pension Fund reports 2,369 participants - 3.6x that state average ($586M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $655M |
|---|---|
| Net Assets (End of Year) | $585M |
| Net Income | -$69M |
| Employer EIN | 042591016 |
| Plan Effective Date | 1957-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Iron Workers)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,369 | $586M |
| 2023 | 1 | 2,275 | $640M |
| 2024 | 1 | 2,297 | $683M |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Iron Workers District Council of New England Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $9.1B · 55,495
- Liberty Mutual Retirement Benefit Plan $6.8B · 33,087
- Massachusetts Institute of Technology Basic Retirement Plan $5.3B · 11,835
- N. Atlantic States Carp. Pension Fund $4.8B · 17,323
- N. Atlantic States Carp. Guaranteed Annuity Fund $3.6B · 10,962
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Iron Workers District Council of New England Pension Fund by total assets, not by location.
- American Motors Union Retirement Income Plan (MI) $586M · 67
- Retirement Plan for Employees of the Univ of Miami (FL) $584M · 2,188
- Nurses and Local 813 Ibt Retirement Plan (NY) $589M · 2,737
- Indiana Carpenters Pension Fund (MI) $582M · 2,886
Frequently Asked Questions
How did Iron Workers District Council of New England Pension 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 Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Iron Workers District Council of New England Pension Fund? ▼
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Filing takeaways
Ways to act on Iron Workers District Council of New England Pension Fund's numbers.
- By total assets, Iron Workers District Council of New England Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
- Board of Trustees Iron Workers's sponsor-wide assets have grown 16.6% since 2022 across 3 plan years on file. More Construction plans