Profit Sharing · DOL Form 5500 · 2022

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

Data updated 2026-08-11

$27M
Total assets
393
Participants
82nd
Percentile by assets
$69,753
Avg per participant
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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.

  • 82nd percentile by assets (of 139,126 plans)
  • #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.

$27M
total plan assets (2022 EOY)
393
covered participants
82nd
percentile by assets (of 139,126 plans)
$69,753
avg assets per participant

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund reports 393 participants - about 48% of that state average ($27M EOY assets).

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)

$27M$27.5M$28M$28.5M 202220232024 $27.4M $28.3M ▲ +3.4%
Total plan assets by year, all Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund plans on file
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

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, Rigger…Eastern Atlantic Sta…University of Pennsy…International Brothe…Temple University He…Steamfitters Local U…
Iron Workers, Riggers & Machinery Movers Local 405 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, Riggers & Machinery Movers Local 405 Annuity Fund by total assets, not by location.

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).

Next read for Iron Workers, Riggers & Machinery Movers…

Filing takeaways

Ways to act on Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's numbers.

  • By total assets, Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund ranks in the top quartile 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, Riggers & Machinery Movers Local 405 Annuity Fund's sponsor-wide assets have grown 3.3% since 2022 across 3 plan years on file. More Finance & Insurance plans