401(k)
2022 plan-year 401(k) DOL Form 5500

IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

IRONWORKERS LOCAL 549/550 SECURITY PLAN BOARD OF TRUSTEES

This 401(k) plan holds $44M in total assets and serves 3,384 participants as of 2022. It is sponsored by IRONWORKERS LOCAL 549/550 SECURITY PLAN BOARD OF TRUSTEES in West Virginia. The plan reported a net loss of $538K for the year.

Total Assets (2023)
$44M
Participants
3,384
Industry
Construction

What the Filing Says About IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN

IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN is a 401(k) retirement plan sponsored by IRONWORKERS LOCAL 549/550 SECURITY PLAN BOARD OF TRUSTEES, headquartered in West Virginia. As of the 2022 Form 5500 filing, the plan reports $44M in total end-of-year assets and covers 3,384 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 341399439, and the plan has been effective since 1981-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $45M at the beginning of 2022 to $44M at year-end — a decline of 1.2%. Net assets (after liabilities) closed the year at $44M, with reported net income of $-538,397 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$45M
Total Assets (End of Year)$44M
Net Assets (End of Year)$44M
Net Income$-538,397
Plan Type401(k)
Employer EIN341399439
Plan Effective Date1981-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IRONWORKERS LOCAL 549/550 SECURITY PLAN BOARD OF TRUSTEES)

Year Plans Participants Total Assets
2022 1 3,384 $44M
2023 1 3,624 $53M
2024 1 3,813 $54M

Nearby 401(k) Plans in West Virginia

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN?
As of the 2022 Form 5500 filing, IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN holds $44M in total assets with 3,384 participants. It is sponsored by IRONWORKERS LOCAL 549/550 SECURITY PLAN BOARD OF TRUSTEES.
What type of plan is IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN?
IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN is a 401(k) plan. It has been effective since 1981-04-01. The plan is filed with the U.S. Department of Labor under EIN 341399439.
Who sponsors the IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN?
IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN is sponsored by IRONWORKERS LOCAL 549/550 SECURITY PLAN BOARD OF TRUSTEES, located in West Virginia. The sponsor's EIN is 341399439 and the plan operates in the Construction industry.
How did IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN perform in 2022?
IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN declined by 1.2% during 2022, moving from $45M to $44M in total assets. Net income was $-538,397.
Where can I find official filings for IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN?
Official Form 5500 filings for IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341399439 or plan name at efast.dol.gov.
How does IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN compare to other plans?
You can compare IRONWORKERS LOCAL UNION 549 AND 550 SECURITY PLAN against other 401(k) plans on the plan type page, or view plans in West Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 341399439.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.