Profit Sharing · DOL Form 5500 · 2022

Iron Workers Local 404 Profit Sharing Plan

Data updated 2026-08-11

$66M
Total assets
1,858
Participants
90th
Percentile by assets
$35,740
Avg per participant
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Official DOL plan name: Iron Workers Local Union No. 404 Annuity Fund · Sponsored by Iron Workers Local 404 · Pennsylvania · Construction

$66M in assets, 1,858 participants

Iron Workers Local 404's Iron Workers Local Union No. 404 Annuity Fund reported $66M in total assets and 1,858 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #8,796 in Construction (9,927 peers)

Coverage in Pennsylvania

Iron Workers Local Union No. 404 Annuity Fund covers 1,858 participants in Pennsylvania, 2.3x the typical Pennsylvania plan (state average ~822 per filing). Assets: $66M.

$66M
total plan assets (2022 EOY)
1,858
covered participants
90th
percentile by assets (of 139,126 plans)
$35,740
avg assets per participant

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.

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Iron Workers Local Union No. 404 Annuity Fund reports 1,858 participants - 2.3x that state average ($66M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$66M
Net Income-$2M
Employer EIN251754959
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Workers Local 404)

$65M$70M$75M$80M 202220232024 $66.4M $75.5M ▲ +13.6%
Total plan assets by year, all Iron Workers Local 404 plans on file
Year Plans Participants Total Assets
2022 1 1,858 $66M
2023 1 947 $71M
2024 1 899 $75M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Iron Workers Local Union No. 404 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Iron Workers Local Union No. 404 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Iron Workers Local U…Eastern Atlantic Sta…University of Pennsy…International Brothe…Temple University He…Steamfitters Local U…
Iron Workers Local Union No. 404 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Iron Workers Local Union No. 404 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Iron Workers Local Union No. 404 Annuity Fund assets move in 2022?
Iron Workers Local Union No. 404 Annuity Fund edged down modestly - down 2.9% during 2022, from $68M to $66M. Reported net income was -$2M.
How have Iron Workers Local 404 plan assets changed over time?
Across 3 plan years on file (2022-2024), Iron Workers Local 404's sponsor-wide assets grew 13.6%, from $66M to $75M.
Where does Iron Workers Local Union No. 404 Annuity Fund rank by assets among Form 5500 filers?
Iron Workers Local Union No. 404 Annuity Fund ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Iron Workers Local Union No. 404 Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Fenway Community Health Center, Inc. Tax Sheltered Annuity and Profit Sharing Plan in MA ($66M, 710 participants).

Next read for Iron Workers Local Union No. 404 Annuity…

Filing takeaways

Ways to act on Iron Workers Local Union No. 404 Annuity Fund's numbers.

  • By total assets, Iron Workers Local Union No. 404 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
  • Iron Workers Local 404's sponsor-wide assets have grown 13.6% since 2022 across 3 plan years on file. More Construction plans