Profit Sharing · DOL Form 5500 · 2022

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
393
Participants Below avg headcount
82nd
Percentile by assets National rank
$69,753
Avg per participant Below avg balance/head
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Official DOL plan name: Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund · Sponsored by Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund · Pennsylvania · Finance & Insurance

$27M in assets, 393 participants

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund reported $27M in total assets and 393 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,523 in Finance & Insurance (9,261 peers)

Coverage in Pennsylvania

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund covers 393 participants in Pennsylvania, about 48% of the average Pennsylvania filer (state average ~822 per filing). Assets: $27M.

#6,523
in Finance & Insurance (9,261 peers)
+6.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's outsized position by total assets

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund vs every filed plan by assets

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

$27,412,826 Top 18% higher than 82% 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, Riggers & Machinery Movers Local 405 Annuity Fund 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. Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund sits mid-pack in the medium band (393 participants).

DOL schedule card

Filing strip 232041188 · Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund PY 2022 · Profit Sharing

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund · $27M · 393 · 82nd

  • BOOK $27M
  • VS-ST 393
  • BOY 82nd
  • SCH Profit Sharing
  • EBSA near Artis Naples, Inc. Retirement Plan
  • PART ind #6523

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 →

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund in the asset neighbourhood

Hyspan Precision Products, Inc. Profit Sharing PlanHyspan Precision Products, I…$28MSheet Metal Workers Local Union No. 292 Annuity FundSheet Metal Workers Local Un…$27MArtis Naples, Inc. Retirement PlanArtis Naples, Inc. Retiremen…$27MIron Workers, Riggers & Machinery Movers Local 405 Annuity FundIron Workers, Riggers & Mach…$27MIllinois Operative Plasterers & Cement Masons Annuity FundIllinois Operative Plasterer…$27M
End-of-year total assets ($M) among Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$27M
Net Income$2M
Employer EIN232041188
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund)

Sponsor-wide plan assets over time

All Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$28M 3.3296311733784765% vs 2022
2024 filing year
$27M$27.5M$28M$28.5M 202220232024 $27.4M $28.3M ▲ +3.4%
Year Plans Participants Total Assets
2022 1 393 $27M
2023 1 426 $28M
2024 1 372 $28M

Nearby Profit Sharing Plans in Pennsylvania

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

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund, Total assets ($B): 0.027412826 · Participants: 393Iron Workers, Riggers & Machinery Movers Local 405 Annuity FundEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.032358305 · Participants: 8058Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.417850182 · Participants: 14515University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 0.958457322 · Participants: 3904International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.640341222 · Participants: 9017Temple University Health System, Inc. Defined Contribution Retirement PlanSteamfitters Local Union No. 420 Srp, Total assets ($B): 0.58659727 · Participants: 6353Steamfitters Local Union No. 420 Srp
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Artis Naples, Inc. Retirement Plan in FL ($27M); by covered participants it is Transre Retirement Accumulation Plan in NY (393 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (393 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, Riggers & Machinery Movers Local 405 Annuity Fund assets move in 2022? ▼
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund grew at a solid clip - up 6.6% during 2022, from $26M to $27M. Reported net income was $2M.
How have Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's sponsor-wide assets grew 3.3%, from $27M to $28M.
Where does Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund rank by assets among Form 5500 filers? ▼
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Artis Naples, Inc. Retirement Plan in FL ($27M, 296 participants).
Which Profit Sharing plans cover a similar participant headcount to Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Transre Retirement Accumulation Plan in NY (393 participants, $34M in assets).