Money Purchase · DOL Form 5500 · 2022

Iron Workers Local 40,361, & 417 Annuity Money Purchase Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
5,068
Participants Above avg headcount
99th
Percentile by assets National rank
$211,630
Avg per participant Above avg balance/head
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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.

  • #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.

#9,826
in Construction (9,927 peers)
-10.6%
assets change YoY
11×
vs typical plan assets (national mean)

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.

Iron Workers Locals 40,361, & 417 Annuity Fund's outsized position by total assets

Iron Workers Locals 40,361, & 417 Annuity Fund vs every filed plan by assets

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

$1,072,542,175 Top 1% higher than 99% 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

Iron Workers Locals 40,361, & 417 Annuity Fund's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iron Workers Locals 40,361, & 417 Annuity Fund lands in the large band (5,068 participants).

Plan-year Form 5500 strip

Filing strip 237299279 · Iron Workers Local 40,361, & 417 Annuity PY 2022 · Money Purchase

Iron Workers Locals 40,361, & 417 Annuity Fund · $1.1B · 5,068 · 99th

  • 5500 $1.1B
  • 5500 5,068
  • 5500 99th
  • 5500 Money Purchase
  • 5500 near Southern California IBEW-NECA Defined Contribution Plan
  • 5500 ind #9826

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 New York →

Iron Workers Locals 40,361, & 417 Annuity Fund in the asset neighbourhood

The George Washington University Retirement Plan for Faculty and StaffThe George Washington Univer…$1.2BSouthern California IBEW-NECA Defined Contribution PlanSouthern California IBEW-NEC…$1.1BIron Workers Locals 40,361, & 417 Annuity FundIron Workers Locals 40,361, …$1.1BCalifornia Iron Workers Field Defined Contribution Pension Trust FundCalifornia Iron Workers Fiel…$1.0BScripps Health Retirement Savings PlanScripps Health Retirement Sa…$991M
End-of-year total assets ($B) among Iron Workers Locals 40,361, & 417 Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.1B
Net Income-$128M
Employer EIN237299279
Plan Effective Date1969-12-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Workers Local 40,361, & 417 Annuity)

Sponsor-wide plan assets over time

All Iron Workers Local 40,361, & 417 Annuity plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 13.650070403991341% vs 2022
2024 filing year
$1.05B$1.1B$1.15B$1.2B$1.25B 202220232024 $1.07B $1.22B ▲ +14.0%
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 Scatter plot of 6 data points. 01000020000300004000050000 012345 Total assets ($B) Participants Iron Workers Locals 40,361, & 417 Annuity Fund, Total assets ($B): 1.072542175 · Participants: 5068Iron Workers Locals 40,361, & 417 Annuity FundTiaa Retirement Plan, Total assets ($B): 4.543178238 · Participants: 11825Tiaa Retirement PlanYoung Men's Christian Association Retirement Fund Retirement Plan, Total assets ($B): 3.62423 · Participants: 42922Young Men's Christian Association Retirement Fund Retirement PlanMcKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan, Total assets ($B): 1.717200853 · Participants: 11845McKinsey & Company, Inc. (Mppp) Money Purchase Pension PlanBrookhaven Science Associates, LLC Retirement Plan, Total assets ($B): 1.251409519 · Participants: 2436Brookhaven Science Associates, LLC Retirement PlanTeamster Local 282 Annuity Trust Fund, Total assets ($B): 0.795553449 · Participants: 3927Teamster Local 282 Annuity Trust Fund
Iron Workers Locals 40,361, & 417 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
Compare Iron Workers Locals 40,361, & 417 Annuity Fund side-by-side with 3 peers →

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's out-of-state Money Purchase peers by assets and headcount

Outside New York, the nearest Money Purchase by assets is Southern California IBEW-NECA Defined Contribution Plan in CA ($1.1B); by covered participants it is Carolina Electrical Workers Retirement Fund in UT (5,169 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,068 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 Iron Workers Locals 40,361, & 417 Annuity Fund assets move in 2022? ▼
Iron Workers Locals 40,361, & 417 Annuity Fund pulled back noticeably - down 10.6% during 2022, from $1.2B to $1.1B. Reported net income was -$128M.
How have Iron Workers Local 40,361, & 417 Annuity plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iron Workers Local 40,361, & 417 Annuity's sponsor-wide assets grew 13.7%, from $1.1B to $1.2B.
Where does Iron Workers Locals 40,361, & 417 Annuity Fund rank by assets among Form 5500 filers? ▼
Iron Workers Locals 40,361, & 417 Annuity Fund ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Money Purchase plans are similar in size to Iron Workers Locals 40,361, & 417 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Southern California IBEW-NECA Defined Contribution Plan in CA ($1.1B, 25,395 participants).
Which Money Purchase plans cover a similar participant headcount to Iron Workers Locals 40,361, & 417 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is Carolina Electrical Workers Retirement Fund in UT (5,169 participants, $128M 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 237299279.

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.