Defined Benefit (Pension) · DOL Form 5500 · 2022

Iron Workers Local 40, 361 Pension Fund Pension Plan

Data updated 2026-08-11

$642M
Total assets
2,251
Participants
98th
Percentile by assets
$285,041
Avg per participant
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Official DOL plan name: Iron Workers Locals 40, 361 & 417 Pension Fund · Sponsored by Iron Workers Local 40, 361 Pension Fund · New York · Construction

$642M in assets, 2,251 participants

Iron Workers Local 40, 361 Pension Fund's Iron Workers Locals 40, 361 & 417 Pension Fund reported $642M in total assets and 2,251 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)
  • #9,763 in Construction (9,927 peers)

Coverage in New York

Iron Workers Locals 40, 361 & 417 Pension Fund covers 2,251 participants in New York, 2.8x the typical New York plan (state average ~798 per filing). Assets: $642M.

$642M
total plan assets (2022 EOY)
2,251
covered participants
98th
percentile by assets (of 139,126 plans)
$285,041
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.

Where Iron Workers Locals 40, 361 & 417 Pension Fund sits by total assets

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

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

$641,627,215 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
New York
Industry
Construction

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 Pension Fund reports 2,251 participants - 2.8x that state average ($642M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$716M
Net Assets (End of Year)$616M
Net Income-$86M
Employer EIN516102576
Plan Effective Date1954-04-05
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Workers Local 40, 361 Pension Fund)

$600M$650M$700M$750M 202220232024 $642M $729M ▲ +13.6%
Total plan assets by year, all Iron Workers Local 40, 361 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 2,251 $642M
2023 1 2,181 $672M
2024 1 1,891 $729M

Nearby Defined Benefit (Pension) Plans in New York

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

Iron Workers Locals 40, 361 & 417 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Iron Workers Locals 40, 361 & 417 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -100102030 Total assets ($B) Participants Iron Workers Locals …IBM Personal Pension…Consolidated Edison …Pepsico Employees Re…New York State Nurse…New York District Co…
Iron Workers Locals 40, 361 & 417 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Iron Workers Locals 40, 361 & 417 Pensio… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Iron Workers Locals 40, 361 & 417 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Iron Workers Locals 40, 361 & 417 Pension Fund assets move in 2022? ▼
Iron Workers Locals 40, 361 & 417 Pension Fund pulled back noticeably - down 10.4% during 2022, from $716M to $642M. Reported net income was -$86M.
How have Iron Workers Local 40, 361 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iron Workers Local 40, 361 Pension Fund's sponsor-wide assets grew 13.6%, from $642M to $729M.
Where does Iron Workers Locals 40, 361 & 417 Pension Fund rank by assets among Form 5500 filers? ▼
Iron Workers Locals 40, 361 & 417 Pension Fund ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Iron Workers Locals 40, 361 & 417 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Medstar Health, Inc. Cash Balance Retirement Plan in MD ($641M, 2,467 participants).

Next read for Iron Workers Locals 40, 361 & 417 Pensio…

Filing takeaways

Ways to act on Iron Workers Locals 40, 361 & 417 Pension Fund's numbers.

  • By total assets, Iron Workers Locals 40, 361 & 417 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 New York. Compare plans
  • Iron Workers Local 40, 361 Pension Fund's sponsor-wide assets have grown 13.6% since 2022 across 3 plan years on file. More Construction plans

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 516102576.

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.