Money Purchase · DOL Form 5500 · 2022

Ironworkers Local 380 Retirement and Sev Fund Money Purchase Plan

Data updated 2026-08-11

$31M
Total assets
907
Participants
83rd
Percentile by assets
$33,739
Avg per participant
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Official DOL plan name: Ironworkers Local 380 Retirement and Severance Plan · Sponsored by Ironworkers Local 380 Retirement and Sev Fund · Illinois · Construction

$31M in assets, 907 participants

Ironworkers Local 380 Retirement and Sev Fund's Ironworkers Local 380 Retirement and Severance Plan reported $31M in total assets and 907 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 139,126 plans)
  • #8,143 in Construction (9,927 peers)

Where Ironworkers Local 380 Retirement and Severance Plan sits by assets

Ironworkers Local 380 Retirement and Severance Plan sits in the top quartile of all filed plans by assets, $31M for 907 participants (~$33,739/participant), down 1.4% in 2022.

$31M
total plan assets (2022 EOY)
907
covered participants
83rd
percentile by assets (of 139,126 plans)
$33,739
avg assets per participant

The plan reported a net loss of $289K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Ironworkers Local 380 Retirement and Severance Plan vs the 2022 asset distribution

By assets, Ironworkers Local 380 Retirement and Severance Plan outranks 83% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$31M
Net Income-$289K
Employer EIN376122834
Plan Effective Date1972-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ironworkers Local 380 Retirement and Sev Fund)

$30M$32M$34M$36M$38M 202220232024 $30.6M $35.6M ▲ +16.2%
Total plan assets by year, all Ironworkers Local 380 Retirement and Sev Fund plans on file
Year Plans Participants Total Assets
2022 1 907 $31M
2023 1 1,079 $34M
2024 1 1,118 $36M

Nearby Money Purchase Plans in Illinois

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Ironworkers Local 380 Retirement and Severance Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants

Ironworkers Local 380 Retirement and Severance Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0100020003000 -2000200400600800 Total assets ($M) Participants Ironworkers Local 38…Retirement Plan for …NECA-IBEW Local 176 …NECA-IBEW Local 364 …Smart Local 265 Supp…International Associ…
Ironworkers Local 380 Retirement and Severance Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Ironworkers Local 380 Retirement and Severance Plan by total assets, not by location.

Frequently Asked Questions

How did Ironworkers Local 380 Retirement and Severance Plan assets move in 2022?
Ironworkers Local 380 Retirement and Severance Plan edged down modestly - down 1.4% during 2022, from $31M to $31M. Reported net income was -$289K.
How have Ironworkers Local 380 Retirement and Sev Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Ironworkers Local 380 Retirement and Sev Fund's sponsor-wide assets grew 16.2%, from $31M to $36M.
Where does Ironworkers Local 380 Retirement and Severance Plan rank by assets among Form 5500 filers?
Ironworkers Local 380 Retirement and Severance Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Ironworkers Local 380 Retirement and Severance Plan?
Among Money Purchase plans in other states, the closest by assets is Montana Contractors Assoc, Inc. Money Purchase Retirement Plan & Trust in MT ($31M, 450 participants).

Next read for Ironworkers Local 380 Retirement and Sev…

Scale reading

Ways to act on Ironworkers Local 380 Retirement and Severance Plan's numbers.

  • By total assets, Ironworkers Local 380 Retirement and Severance Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Illinois. Compare plans
  • Ironworkers Local 380 Retirement and Sev Fund's sponsor-wide assets have grown 16.2% since 2022 across 3 plan years on file. More Construction plans