Defined Benefit (Pension) · DOL Form 5500 · 2022

Iron Workers Local 40, 361 Pension Fund Pension Plan

Data updated 2026-08-25

$642M
Total assets Above avg plan size
2,251
Participants Above avg headcount
98th
Percentile by assets National rank
$285,041
Avg per participant High balance/head
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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.

  • #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.

#9,763
in Construction (9,927 peers)
-10.4%
assets change YoY
6.4×
vs typical plan assets (national mean)

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.

Iron Workers Locals 40, 361 & 417 Pension Fund's outsized position 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 $2,050,000,000 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 Pension 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 Pension Fund lands in the large band (2,251 participants).

Plan-year Form 5500 strip

Filing strip 516102576 · Iron Workers Local 40, 361 Pension Fund PY 2022 · Defined Benefit (Pension)

Iron Workers Locals 40, 361 & 417 Pension Fund · $642M · 2,251 · 98th

  • EIN $642M
  • EIN 2,251
  • EIN 98th
  • EIN Defined Benefit (Pension)
  • EIN near Medstar Health, Inc. Cash Balance Retirement Plan
  • EIN ind #9763

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 Pension Fund in the asset neighbourhood

Mea-Messa-Mea Financial Services Staff Retirement Plan & TrustMea-Messa-Mea Financial Serv…$644MUbs Financial Services Inc. Pension PlanUbs Financial Services Inc. …$644MIron Workers Locals 40, 361 & 417 Pension FundIron Workers Locals 40, 361 …$642MMedstar Health, Inc. Cash Balance Retirement PlanMedstar Health, Inc. Cash Ba…$641MMemorial Hermann Pension Plan$640M
End-of-year total assets ($M) among Iron Workers Locals 40, 361 & 417 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Iron Workers Local 40, 361 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$729M 13.590424308919003% vs 2022
2024 filing year
$600M$650M$700M$750M 202220232024 $642M $729M ▲ +13.6%
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 Scatter plot of 6 data points. 05000100001500020000 -100102030 Total assets ($B) Participants Iron Workers Locals 40, 361 & 417 Pension Fund, Total assets ($B): 0.641627215 · Participants: 2251Iron Workers Locals 40, 361 & 417 Pension FundIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
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 Pension Fund side-by-side with 3 peers →

Iron Workers Locals 40, 361 & 417 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Medstar Health, Inc. Cash Balance Retirement Plan in MD ($641M); by covered participants it is Joint Pension Fund Local Union IBEW in NJ (2,247 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,251 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers Locals 40, 361 & 417 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Joint Pension Fund Local Union IBEW in NJ (2,247 participants, $487M 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 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.