Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees, Iron Workers Local No. 5 & Iwea Pension Plan

Data updated 2026-08-25

$373M
Total assets Above avg plan size
908
Participants Near avg headcount
97th
Percentile by assets National rank
$410,780
Avg per participant High balance/head
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Official DOL plan name: Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund · Sponsored by Board of Trustees, Iron Workers Local No. 5 & Iwea · Washington · Construction

$373M in assets, 908 participants

Board of Trustees, Iron Workers Local No. 5 & Iwea's Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund reported $373M in total assets and 908 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #9,623 in Construction (9,927 peers)

Where Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund sits by assets

Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund sits in the top 5% of all filed plans by assets, $373M for 908 participants (~$410,780/participant), up 2.6% in 2022.

#9,623
in Construction (9,927 peers)
+2.6%
assets growth YoY
3.7×
vs typical plan assets (national mean)

Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund's outsized position by total assets

Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund vs every filed plan by assets

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

$372,988,631 Top 3% higher than 97% 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 No. 5 & Iwea Employees Pension Trust 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 Local No. 5 & Iwea Employees Pension Trust Fund sits mid-pack in the medium band (908 participants).

Plan-year Form 5500 strip

Filing strip 521075473 · Board of Trustees, Iron Workers Local No. 5 & Iwea PY 2022 · Defined Benefit (Pension)

Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund · $373M · 908 · 97th

  • RANK $373M
  • RANK 908
  • RANK 97th
  • RANK Defined Benefit (Pension)
  • RANK near New Jersey Education Association Employees' Retirement and Trust Fund
  • RANK ind #9623

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 Washington →

Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund in the asset neighbourhood

New Jersey Education Association Employees' Retirement and Trust FundNew Jersey Education Associa…$373MIron Workers Local No. 5 & Iwea Employees Pension Trust FundIron Workers Local No. 5 & I…$373MNrg Pension Plan for Bargained EmployeesNrg Pension Plan for Bargain…$373MCeridian Retirement Plan$373MColumbia Energy Group Pension PlanColumbia Energy Group Pensio…$372M
End-of-year total assets ($M) among Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$364M
Net Assets (End of Year)$367M
Net Income$8M
Employer EIN521075473
Plan Effective Date1959-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Iron Workers Local No. 5 & Iwea)

Sponsor-wide plan assets over time

All Board of Trustees, Iron Workers Local No. 5 & Iwea plans reported in each filing year

Latest sponsor-wide plan assets
$425M 13.997025019242477% vs 2022
2024 filing year
$360M$380M$400M$420M$440M 202220232024 $373M $425M ▲ +14.0%
Year Plans Participants Total Assets
2022 1 908 $373M
2023 1 799 $400M
2024 1 768 $425M

Nearby Defined Benefit (Pension) Plans in Washington

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

Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund, Total assets ($B): 0.372988631 · Participants: 908Iron Workers Local No. 5 & Iwea Employees Pension Trust FundWestern Conference of Teamsters Pension Plan, Total assets ($B): 53.719854718 · Participants: 226505Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.232670781 · Participants: 34042The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 17.057699432 · Participants: 34972The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 2.972366874 · Participants: 15284Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 2.815845616 · Participants: 8083Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is New Jersey Education Association Employees' Retirement and Trust Fund in NJ ($373M); by covered participants it is Permanente Physicians Retirement Plan for Cpmg in CA (908 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($373M here).

Similar participant headcount

Nearest other-state filings by covered participants (908 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 No. 5 & Iwea Employees Pension Trust Fund assets move in 2022?
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund edged up modestly - up 2.6% during 2022, from $364M to $373M. Reported net income was $8M.
How have Board of Trustees, Iron Workers Local No. 5 & Iwea plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Iron Workers Local No. 5 & Iwea's sponsor-wide assets grew 14.0%, from $373M to $425M.
Where does Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund rank by assets among Form 5500 filers?
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is New Jersey Education Association Employees' Retirement and Trust Fund in NJ ($373M, 231 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Permanente Physicians Retirement Plan for Cpmg in CA (908 participants, $578M in assets).