Money Purchase · DOL Form 5500 · 2022
Trustees of Iron Workers Local #397 Annuity Fund Money Purchase Plan
Data updated 2026-08-25
- $28M
- Total assets Below avg plan size
- 1,558
- Participants Near avg headcount
- 82nd
- Percentile by assets National rank
- $18,176
- Avg per participant Low balance/head
Official DOL plan name: Iron Workers Local #397 Annuity Fund · Sponsored by Trustees of Iron Workers Local #397 Annuity Fund · Tennessee · Finance & Insurance
$28M in assets, 1,558 participants
Trustees of Iron Workers Local #397 Annuity Fund's Iron Workers Local #397 Annuity Fund reported $28M in total assets and 1,558 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.
- #6,588 in Finance & Insurance (9,261 peers)
Where Iron Workers Local #397 Annuity Fund sits by assets
Iron Workers Local #397 Annuity Fund sits in the top quartile of all filed plans by assets, $28M for 1,558 participants (~$18,176/participant), down 15.6% in 2022.
- #6,588
- in Finance & Insurance (9,261 peers)
- -15.6%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Iron Workers Local #397 Annuity Fund's outsized position by total assets
Iron Workers Local #397 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$28,317,696 Top 18% higher than 82% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Iron Workers Local #397 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 Local #397 Annuity Fund lands in the large band (1,558 participants).
Published 5500 schedule card
Filing strip 597139874 · Trustees of Iron Workers Local #397 Annuity Fund PY 2022 · Money Purchase
Iron Workers Local #397 Annuity Fund · $28M · 1,558 · 82nd
- EBSA $28M
- PART 1,558
- TYPE 82nd
- NET Money Purchase
- BOOK near Greylock Pension Plan
- VS-ST ind #6588
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 Finance & Insurance retirement plans → · Plans in Tennessee →
Iron Workers Local #397 Annuity Fund in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $34M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | -$5M |
| Employer EIN | 597139874 |
| Plan Effective Date | 1998-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Iron Workers Local #397 Annuity Fund)
Sponsor-wide plan assets over time
All Trustees of Iron Workers Local #397 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $34M 18.38675717120489% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,558 | $28M |
| 2023 | 1 | 1,596 | $31M |
| 2024 | 1 | 1,627 | $34M |
Nearby Money Purchase Plans in Tennessee
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Southern Electrical Retirement Fund $1.7B · 10,582
- IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan $331M · 1,999
- U.a. Local Union No. 614 Pension Plan $166M · 1,308
- Midwest Pipe Trades Retirement Plan $159M · 1,481
- Millwright & Machinery Erectors Local 1192 Defined Contribution Pension Plan $98M · 853
Iron Workers Local #397 Annuity Fund's out-of-state Money Purchase peers by assets and headcount
Outside Tennessee, the nearest Money Purchase by assets is Greylock Pension Plan in MA ($28M); by covered participants it is Unity Health Retirement Plan in AR (1,559 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($28M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,558 participants); asset peers above are excluded.
- Unity Health Retirement Plan (AR) 1,559 · 1 off
- University of San Francisco Defined Contribution Retirement Plan (CA) 1,560 · 2 off
- Government Employees Health Assoc. , Inc. 401(k) Retirement Savings Plan (MO) 1,570 · 12 off
- Hays Medical Center Employee's Pension Plan (KS) 1,591 · 33 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.