Money Purchase · DOL Form 5500 · 2022

Board of Trustees Iron Workers Local 580 Shop Annuity Fund Money Purchase Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
48
Participants Small participant base
59th
Percentile by assets National rank
$159,038
Avg per participant Above avg balance/head
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Official DOL plan name: Iron Workers Local 580 Shop Annuity Fund · Sponsored by Board of Trustees Iron Workers Local 580 Shop Annuity Fund · New York · Construction

$8M in assets, 48 participants

Board of Trustees Iron Workers Local 580 Shop Annuity Fund's Iron Workers Local 580 Shop Annuity Fund reported $8M in total assets and 48 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #5,846 in Construction (9,927 peers)

What the 2022 filing shows

Iron Workers Local 580 Shop Annuity Fund holds $8M for 48 participants - about $159,038 per participant, above the median plan by assets.

#5,846
in Construction (9,927 peers)
+1.3%
assets growth YoY

Iron Workers Local 580 Shop Annuity Fund's mid-pack asset rank among Construction and all filers

Iron Workers Local 580 Shop Annuity Fund vs every filed plan by assets

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

$7,633,833 Top 41% higher than 59% 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

Iron Workers Local 580 Shop Annuity 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. Iron Workers Local 580 Shop Annuity Fund is a small filing (48 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 237118930 · Board of Trustees Iron Workers Local 580 Shop Annuity Fund PY 2022 · Money Purchase

Iron Workers Local 580 Shop Annuity Fund · $8M · 48 · 59th

  • NET $8M
  • NET 48
  • NET 59th
  • NET Money Purchase
  • NET near Lincoln Community Health Center, Inc. Retirement Plan
  • NET ind #5846

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 New York →

Iron Workers Local 580 Shop Annuity Fund in the asset neighbourhood

Ilwu Local 142 Maui Division Retirement Benefit PlanIlwu Local 142 Maui Division…$8MIatse Local 127 Pension Plan$8MIron Workers Local 580 Shop Annuity FundIron Workers Local 580 Shop …$8MLincoln Community Health Center, Inc. Retirement PlanLincoln Community Health Cen…$8MBricklayers & Allied Craftsmen Local Union No. 7 Retirement PlanBricklayers & Allied Craftsm…$8M
End-of-year total assets ($M) among Iron Workers Local 580 Shop Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$11K
Employer EIN237118930
Plan Effective Date1970-07-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers Local 580 Shop Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees Iron Workers Local 580 Shop Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$8M 3.9182413343336173% vs 2022
2024 filing year
$7.4M$7.6M$7.8M$8M$8.2M$8.4M 202220232024 $7.63M $7.93M ▲ +3.9%
Year Plans Participants Total Assets
2022 1 48 $8M
2023 1 47 $8M
2024 1 43 $8M

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Iron Workers Local 580 Shop Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -1012345 Total assets ($B) Participants Iron Workers Local 580 Shop Annuity Fund, Total assets ($B): 0.007633833 · Participants: 48Iron Workers Local 580 Shop Annuity FundTiaa Retirement Plan, Total assets ($B): 4.543178238 · Participants: 11825Tiaa Retirement PlanYoung Men's Christian Association Retirement Fund Retirement Plan, Total assets ($B): 3.62423 · Participants: 42922Young Men's Christian Association Retirement Fund Retirement PlanMcKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan, Total assets ($B): 1.717200853 · Participants: 11845McKinsey & Company, Inc. (Mppp) Money Purchase Pension PlanBrookhaven Science Associates, LLC Retirement Plan, Total assets ($B): 1.251409519 · Participants: 2436Brookhaven Science Associates, LLC Retirement PlanIron Workers Locals 40,361, & 417 Annuity Fund, Total assets ($B): 1.072542175 · Participants: 5068Iron Workers Locals 40,361, & 417 Annuity Fund
Iron Workers Local 580 Shop Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
Compare Iron Workers Local 580 Shop Annuity Fund side-by-side with 3 peers →

Iron Workers Local 580 Shop Annuity Fund's out-of-state Money Purchase peers by assets and headcount

Outside New York, the nearest Money Purchase by assets is Lincoln Community Health Center, Inc. Retirement Plan in NC ($8M); by covered participants it is American Council for Voluntary International Action 401(a) DC Plan in DC (48 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (48 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 Iron Workers Local 580 Shop Annuity Fund assets move in 2022? ▼
Iron Workers Local 580 Shop Annuity Fund edged up modestly - up 1.3% during 2022, from $8M to $8M. Reported net income was $11K.
How have Board of Trustees Iron Workers Local 580 Shop Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers Local 580 Shop Annuity Fund's sponsor-wide assets grew 3.9%, from $8M to $8M.
Which Money Purchase plans are similar in size to Iron Workers Local 580 Shop Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Lincoln Community Health Center, Inc. Retirement Plan in NC ($8M, 182 participants).
Which Money Purchase plans cover a similar participant headcount to Iron Workers Local 580 Shop Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is American Council for Voluntary International Action 401(a) DC Plan in DC (48 participants, $7M 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 237118930.

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.