Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees-Iron Workers' Locals No. 15 & 424 Pension Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
493
Participants Below avg headcount
91st
Percentile by assets National rank
$151,271
Avg per participant Above avg balance/head
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Official DOL plan name: Iron Workers' Locals No. 15 & 424 Pension Plan · Sponsored by Board of Trustees-Iron Workers' Locals No. 15 & 424 · Connecticut · Construction

$75M in assets, 493 participants

Board of Trustees-Iron Workers' Locals No. 15 & 424's Iron Workers' Locals No. 15 & 424 Pension Plan reported $75M in total assets and 493 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,891 in Construction (9,927 peers)

Where Iron Workers' Locals No. 15 & 424 Pension Plan sits by assets

Iron Workers' Locals No. 15 & 424 Pension Plan sits in the top 10% of all filed plans by assets, $75M for 493 participants (~$151,271/participant), up 4.4% in 2022.

#8,891
in Construction (9,927 peers)
+4.4%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Iron Workers' Locals No. 15 & 424 Pension Plan's outsized position by total assets

Iron Workers' Locals No. 15 & 424 Pension Plan vs every filed plan by assets

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

$74,576,464 Top 9% higher than 91% 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' Locals No. 15 & 424 Pension Plan 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' Locals No. 15 & 424 Pension Plan sits mid-pack in the medium band (493 participants).

Plan-year Form 5500 strip

Filing strip 066077019 · Board of Trustees-Iron Workers' Locals No. 15 & 424 PY 2022 · Defined Benefit (Pension)

Iron Workers' Locals No. 15 & 424 Pension Plan · $75M · 493 · 91st

  • SCH $75M
  • EBSA 493
  • PART 91st
  • TYPE Defined Benefit (Pension)
  • NET near Shop Ironworkers Local 790 Pension Plan
  • BOOK ind #8891

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 Connecticut →

Iron Workers' Locals No. 15 & 424 Pension Plan in the asset neighbourhood

Iron Workers' Locals No. 15 & 424 Pension PlanIron Workers' Locals No. 15 …$75MShop Ironworkers Local 790 Pension PlanShop Ironworkers Local 790 P…$75MTata Chemicals (Soda Ash) Partners Hourly Employees' Pension PlanTata Chemicals (Soda Ash) Pa…$75MG&j Pepsi-Cola Bottlers, Inc. Employees Pension PlanG&j Pepsi-Cola Bottlers, Inc…$75MGatx Corporation Noncontributory Pension Plan for Hourly EmployeesGatx Corporation Noncontribu…$75M
End-of-year total assets ($M) among Iron Workers' Locals No. 15 & 424 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$74M
Net Income$3M
Employer EIN066077019
Plan Effective Date1956-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees-Iron Workers' Locals No. 15 & 424)

Sponsor-wide plan assets over time

All Board of Trustees-Iron Workers' Locals No. 15 & 424 plans reported in each filing year

Latest sponsor-wide plan assets
$88M 18.323055649299757% vs 2022
2024 filing year
$70M$75M$80M$85M$90M 202220232024 $74.6M $88.2M ▲ +18.3%
Year Plans Participants Total Assets
2022 1 493 $75M
2023 1 473 $82M
2024 1 462 $88M

Nearby Defined Benefit (Pension) Plans in Connecticut

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Iron Workers' Locals No. 15 & 424 Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Iron Workers' Locals No. 15 & 424 Pension Plan, Total assets ($B): 0.074576464 · Participants: 493Iron Workers' Locals No. 15 & 424 Pension PlanGE Pension Plan, Total assets ($B): 45.011810846 · Participants: 24626GE Pension PlanRaytheon Company Pension Plan for Salaried Employees, Total assets ($B): 11.559983892 · Participants: 13495Raytheon Company Pension Plan for Salaried EmployeesThe Citigroup Pension Plan, Total assets ($B): 10.501575547 · Participants: 18484The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.933906102 · Participants: 4126Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.359687499 · Participants: 11471Retirement Plan for Employees of Aetna Inc.
Iron Workers' Locals No. 15 & 424 Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Iron Workers' Locals No. 15 & 424 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Shop Ironworkers Local 790 Pension Plan in CA ($75M); by covered participants it is Mg Advantage Retirement Plan in TX (493 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (493 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' Locals No. 15 & 424 Pension Plan assets move in 2022?
Iron Workers' Locals No. 15 & 424 Pension Plan edged up modestly - up 4.4% during 2022, from $71M to $75M. Reported net income was $3M.
How have Board of Trustees-Iron Workers' Locals No. 15 & 424 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees-Iron Workers' Locals No. 15 & 424's sponsor-wide assets grew 18.3%, from $75M to $88M.
Where does Iron Workers' Locals No. 15 & 424 Pension Plan rank by assets among Form 5500 filers?
Iron Workers' Locals No. 15 & 424 Pension Plan ranks in the 91st 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 Defined Benefit (Pension) plans are similar in size to Iron Workers' Locals No. 15 & 424 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shop Ironworkers Local 790 Pension Plan in CA ($75M, 356 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers' Locals No. 15 & 424 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mg Advantage Retirement Plan in TX (493 participants, $290M in assets).