Defined Benefit (Pension) · DOL Form 5500 · 2022

Ironworkers Local 549-550 Pension Plan Pension Plan

Data updated 2026-08-25

$182M
Total assets Near avg plan size
727
Participants Near avg headcount
95th
Percentile by assets National rank
$250,141
Avg per participant Above avg balance/head
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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.

  • #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.

#9,382
in Construction (9,927 peers)
-7.9%
assets change YoY
1.8×
vs typical plan assets (national mean)

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's outsized position by total assets

Ironworkers Local 549-550 Pension Plan vs every filed plan by assets

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

$181,852,645 Top 5% higher than 95% 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

Ironworkers Local 549-550 Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ironworkers Local 549-550 Pension Plan sits mid-pack in the medium band (727 participants).

DOL schedule card

Filing strip 556027928 · Ironworkers Local 549-550 Pension Plan PY 2022 · Defined Benefit (Pension)

Ironworkers Local 549-550 Pension Plan · $182M · 727 · 95th

  • BOY $182M
  • SCH 727
  • EBSA 95th
  • PART Defined Benefit (Pension)
  • TYPE near Cooper Tire & Rubber Company Findlay Represented Employee Retirement Plan
  • NET ind #9382

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 West Virginia →

Ironworkers Local 549-550 Pension Plan in the asset neighbourhood

Cooper Tire & Rubber Company Findlay Represented Employee Retirement PlanCooper Tire & Rubber Company…$182MIronworkers Local 549-550 Pension PlanIronworkers Local 549-550 Pe…$182MWeill Cornell Medical College Non-Exempt and Frozen Retirement PlanWeill Cornell Medical Colleg…$182MWa-Id Laborers Employers Pension TrustWa-Id Laborers Employers Pen…$182MSmithfield Foods Hourly Pension PlanSmithfield Foods Hourly Pens…$181M
End-of-year total assets ($M) among Ironworkers Local 549-550 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$198M
Net Assets (End of Year)$182M
Net Income-$16M
Employer EIN556027928
Plan Effective Date1964-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ironworkers Local 549-550 Pension Plan)

Sponsor-wide plan assets over time

All Ironworkers Local 549-550 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$215M 18.475255061591213% vs 2022
2024 filing year
$160M$180M$200M$220M 202220232024 $182M $215M ▲ +18.5%
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 Scatter plot of 6 data points. 05001000150020002500 100200300400500600 Total assets ($M) Participants Ironworkers Local 549-550 Pension Plan, Total assets ($M): 181.852645 · Participants: 727Ironworkers Local 549-550 Pension PlanWest Virginia Laborers Pension Trust Fund, Total assets ($M): 501.727963 · Participants: 2131West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 492.255027 · Participants: 1691I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 431.832443 · Participants: 243United Mine Workers of America 1985 Construction Workers Pension PlanEmployer - Teamsters Local Nos 175&505 Pension Trust Fund, Total assets ($M): 386.103888 · Participants: 1435Employer - Teamsters Local Nos 175&505 Pension Trust FundCarpenters Pension Fund of West Virginia, Total assets ($M): 275.717491 · Participants: 1310Carpenters Pension Fund of West Virginia
Ironworkers Local 549-550 Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
Compare Ironworkers Local 549-550 Pension Plan side-by-side with 3 peers →

Ironworkers Local 549-550 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Cooper Tire & Rubber Company Findlay Represented Employee Retirement Plan in OH ($182M); by covered participants it is Plumbers & Pipefitters U.a. Local 85 Pension Plan in MI (726 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (727 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 Ironworkers Local 549-550 Pension Plan assets move in 2022? ▼
Ironworkers Local 549-550 Pension Plan pulled back noticeably - down 7.9% during 2022, from $198M to $182M. Reported net income was -$16M.
How have Ironworkers Local 549-550 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ironworkers Local 549-550 Pension Plan's sponsor-wide assets grew 18.5%, from $182M to $215M.
Where does Ironworkers Local 549-550 Pension Plan rank by assets among Form 5500 filers? ▼
Ironworkers Local 549-550 Pension Plan ranks in the 95th 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 Ironworkers Local 549-550 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cooper Tire & Rubber Company Findlay Represented Employee Retirement Plan in OH ($182M, 421 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ironworkers Local 549-550 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Plumbers & Pipefitters U.a. Local 85 Pension Plan in MI (726 participants, $150M 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 556027928.

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.