Defined Benefit (Pension) · DOL Form 5500 · 2022
Trustees of Ironworkers Local Union No. 402 Pension Fund Pension Plan
Data updated 2026-08-25
- $15M
- Total assets Small plan by assets
- 97
- Participants Small participant base
- 73rd
- Percentile by assets National rank
- $158,014
- Avg per participant Above avg balance/head
Official DOL plan name: Ironworkers Local Union No. 402 Pension Fund · Sponsored by Trustees of Ironworkers Local Union No. 402 Pension Fund · Pennsylvania · Finance & Insurance
$15M in assets, 97 participants
Trustees of Ironworkers Local Union No. 402 Pension Fund's Ironworkers Local Union No. 402 Pension Fund reported $15M in total assets and 97 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.
- #5,364 in Finance & Insurance (9,261 peers)
2022 asset change
Ironworkers Local Union No. 402 Pension Fund pulled back noticeably 11.4% in 2022 ($17M → $15M) for 97 participants.
- #5,364
- in Finance & Insurance (9,261 peers)
- -11.4%
- assets change YoY
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Ironworkers Local Union No. 402 Pension Fund's outsized position by total assets
Ironworkers Local Union No. 402 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$15,327,334 Top 27% higher than 73% 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
Ironworkers Local Union No. 402 Pension Fund among smaller filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ironworkers Local Union No. 402 Pension Fund is a small filing (97 participants) on this national headcount ladder.
Form 5500 schedule snapshot
Filing strip 596227518 · Trustees of Ironworkers Local Union No. 402 Pension Fund PY 2022 · Defined Benefit (Pension)
Ironworkers Local Union No. 402 Pension Fund · $15M · 97 · 73rd
- RANK $15M
- RANK 97
- RANK 73rd
- RANK Defined Benefit (Pension)
- RANK near United Food and Commercial Workers Pension Plan for Salaried Staff
- RANK ind #5364
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 Pennsylvania →
Ironworkers Local Union No. 402 Pension Fund in the asset neighbourhood
Trustees of Ironworkers Local Union No. 402 Pension Fund years around the 2022 move
Sponsor-wide plan assets over time
All Trustees of Ironworkers Local Union No. 402 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $15M 0.6326736273901253% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 97 | $15M |
| 2023 | 1 | 99 | $16M |
| 2024 | 1 | 106 | $15M |
2022 asset-move particulars
| Total Assets (Beginning of Year) | $17M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$2M |
| Employer EIN | 596227518 |
| Plan Effective Date | 1969-04-01 |
| Filing Status | FILING RECEIVED |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $10.4B · 27,097
- Steelworkers Pension Trust $5.9B · 52,395
- The PNC Financial Services Group, Inc. Pension Plan $5.4B · 63,731
- Constellation Retirement Program $5.4B · 5,314
- The Bank of New York Mellon Corporation Pension Plan $5.0B · 8,098
Ironworkers Local Union No. 402 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is United Food and Commercial Workers Pension Plan for Salaried Staff in IL ($15M); by covered participants it is Corning Museum of Glass Pension Plan in NY (97 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($15M here).
- United Food and Commercial Workers Pension Plan for Salaried Staff (IL) $15M · N/A
- Pension Plan for Union Employees of Johanna Foods, Inc., Flemington Plant (NJ) $15M · 111
- Estwing Manufacturing Company, Inc. Pension Plan (IL) $15M · 93
- Peter Pan Seafoods, Inc. Employees Retirement Plan (WA) $15M · N/A
Similar participant headcount
Nearest other-state filings by covered participants (97 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.