Defined Benefit (Pension) · DOL Form 5500 · 2022
Ironworkers Local 549-550 Pension Plan Pension Plan
Data updated 2026-08-11
- $182M
- Total assets
- 727
- Participants
- 95th
- Percentile by assets
- $250,141
- Avg per participant
Official DOL plan name: Ironworkers Local 549-550 Pension Plan · Sponsored by Ironworkers Local 549-550 Pension Plan · West Virginia · Construction
$182M in assets, 727 participants
Ironworkers Local 549-550 Pension Plan's Ironworkers Local 549-550 Pension Plan reported $182M in total assets and 727 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 139,126 plans)
- #9,382 in Construction (9,927 peers)
Where Ironworkers Local 549-550 Pension Plan sits by assets
Ironworkers Local 549-550 Pension Plan sits in the top 5% of all filed plans by assets, $182M for 727 participants (~$250,141/participant), down 7.9% in 2022.
- $182M
- total plan assets (2022 EOY)
- 727
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $250,141
- avg assets per participant
The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Ironworkers Local 549-550 Pension Plan vs the 2022 asset distribution
By assets, Ironworkers Local 549-550 Pension Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $198M |
|---|---|
| Net Assets (End of Year) | $182M |
| Net Income | -$16M |
| Employer EIN | 556027928 |
| Plan Effective Date | 1964-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ironworkers Local 549-550 Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 727 | $182M |
| 2023 | 1 | 980 | $207M |
| 2024 | 1 | 938 | $215M |
Nearby Defined Benefit (Pension) Plans in West Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Ironworkers Local 549-550 Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
- West Virginia Laborers Pension Trust Fund $502M · 2,131
- I.U.O.E. Local 132 Pension Fund $492M · 1,691
- United Mine Workers of America 1985 Construction Workers Pension Plan $432M · 243
- Employer - Teamsters Local Nos 175&505 Pension Trust Fund $386M · 1,435
- Carpenters Pension Fund of West Virginia $276M · 1,310
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Ironworkers Local 549-550 Pension Plan by total assets, not by location.
Frequently Asked Questions
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Next read for Ironworkers Local 549-550 Pension Plan
Scale reading
Ways to act on Ironworkers Local 549-550 Pension Plan's numbers.
- By total assets, Ironworkers Local 549-550 Pension Plan 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 West Virginia. Compare plans
- Ironworkers Local 549-550 Pension Plan's sponsor-wide assets have grown 18.5% since 2022 across 3 plan years on file. More Construction plans