Money Purchase · DOL Form 5500 · 2022
Iron Workers Local 40,361, & 417 Annuity Money Purchase Plan
Data updated 2026-08-11
- $1.1B
- Total assets
- 5,068
- Participants
- 99th
- Percentile by assets
- $211,630
- Avg per participant
Official DOL plan name: Iron Workers Locals 40,361, & 417 Annuity Fund · Sponsored by Iron Workers Local 40,361, & 417 Annuity · New York · Construction
$1.1B in assets, 5,068 participants
Iron Workers Local 40,361, & 417 Annuity's Iron Workers Locals 40,361, & 417 Annuity Fund reported $1.1B in total assets and 5,068 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #9,826 in Construction (9,927 peers)
Coverage in New York
Iron Workers Locals 40,361, & 417 Annuity Fund covers 5,068 participants in New York, 6.4x the typical New York plan (state average ~798 per filing). Assets: $1.1B.
- $1.1B
- total plan assets (2022 EOY)
- 5,068
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $211,630
- avg assets per participant
The plan reported a net loss of $128M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Iron Workers Locals 40,361, & 417 Annuity Fund reports 5,068 participants - 6.4x that state average ($1.1B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | -$128M |
| Employer EIN | 237299279 |
| Plan Effective Date | 1969-12-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Iron Workers Local 40,361, & 417 Annuity)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,068 | $1.1B |
| 2023 | 1 | 4,998 | $1.2B |
| 2024 | 1 | 2,357 | $1.2B |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Iron Workers Locals 40,361, & 417 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $4.5B · 11,825
- Young Men's Christian Association Retirement Fund Retirement Plan $3.6B · 42,922
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $1.7B · 11,845
- Brookhaven Science Associates, LLC Retirement Plan $1.3B · 2,436
- Teamster Local 282 Annuity Trust Fund $796M · 3,927
Scale composition for Iron Workers Locals 40,361, & 417 Annuity Fund
Iron Workers Locals 40,361, & 417 Annuity Fund reports $1.1B in end-of-year assets across 5,068 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $211,630 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2022 was -$128M.
This plan identity (EIN 237299279, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.2B (+13.7%) while covered participants moved from 5,068 to 2,357 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,068 | $1.1B | This page |
| 2023 | 4,998 | $1.2B | Open filing |
| 2024 · index core | 2,357 | $1.2B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Iron Workers Locals 40, 361 & 417 Annuity Fund (Money Purchase, $1.2B, 2,357 participants)
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Iron Workers Locals 40,361, & 417 Annuity Fund by total assets, not by location.
- Southern California IBEW-NECA Defined Contribution Plan (CA) $1.1B · 25,395
- California Iron Workers Field Defined Contribution Pension Trust Fund (CA) $1.0B · 9,087
- Scripps Health Retirement Savings Plan (CA) $991M · 14,961
- The George Washington University Retirement Plan for Faculty and Staff (VA) $1.2B · 4,007
Frequently Asked Questions
How did Iron Workers Locals 40,361, & 417 Annuity Fund assets move in 2022? ▼
How have Iron Workers Local 40,361, & 417 Annuity plan assets changed over time? ▼
Where does Iron Workers Locals 40,361, & 417 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Iron Workers Locals 40,361, & 417 Annuity Fund? ▼
Next read for Iron Workers Locals 40,361, & 417 Annuit…
Filing takeaways
Ways to act on Iron Workers Locals 40,361, & 417 Annuity Fund's numbers.
- By total assets, Iron Workers Locals 40,361, & 417 Annuity Fund ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
- Iron Workers Local 40,361, & 417 Annuity's sponsor-wide assets have grown 13.7% since 2022 across 3 plan years on file. More Construction plans