Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Iron Workers of Western PA Profit Sharing Plan Profit Sharing Plan

Data updated 2026-08-11

$220M
Total assets: 1,963
Participants: 95th
Percentile by assets: $112,314
Avg per participant

Official DOL plan name: Iron Workers of Western Pennsylvania Profit Sharing Plan · Sponsored by Board of Trustees Iron Workers of Western PA Profit Sharing Plan · Pennsylvania · Construction

$220M in assets, 1,963 participants

Board of Trustees Iron Workers of Western PA Profit Sharing Plan's Iron Workers of Western Pennsylvania Profit Sharing Plan reported $220M in total assets and 1,963 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#8,507 in Construction (9,030 peers)

Coverage in Pennsylvania

Iron Workers of Western Pennsylvania Profit Sharing Plan covers 1,963 participants in Pennsylvania, 2.4x the typical Pennsylvania plan (state average ~822 per filing). Assets: $220M.

$220M
total plan assets (2023 EOY): 1,963
covered participants: 95th
percentile by assets (of 127,072 plans): $112,314
avg assets per participant

Iron Workers of Western Pennsylvania Profit Sharing Plan reported net income rose from -$30M in the plan year 2022 filing to $13M in the plan year 2023 filing.
Iron Workers of Western Pennsylvania Profit Sharing Plan end-of-year assets rose from $207M in the plan year 2022 filing to $220M in the plan year 2023 filing.
Iron Workers of Western Pennsylvania Profit Sharing Plan reported participants fell from 2,050 in the plan year 2022 filing to 1,963 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Construction

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Iron Workers of Western Pennsylvania Profit Sharing Plan reports 1,963 participants - 2.4x that state average ($220M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$207M
Net Assets (End of Year)	$220M
Net Income	$13M
Employer EIN	251318890
Plan Effective Date	1976-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers of Western PA Profit Sharing Plan)

Total plan assets by year, all Board of Trustees Iron Workers of Western PA Profit Sharing Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	2,050	$207M
2023	1	1,963	$220M
2024	1	1,850	$226M

Nearby Profit Sharing Plans in Pennsylvania

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

Iron Workers of Western Pennsylvania Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
University of Pennsylvania Basic Plan $1.7B · 21,016
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458

Compare Iron Workers of Western Pennsylvania Pro… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Iron Workers of Western Pennsylvania Profit Sharing Plan by total assets, not by location.

IBEW Local 43 and Electrical Contractors Annuity F (NY) $221M · 1,646
Adventist Health System/West 403(b) ERISA Plan (CA) $219M · 1,615
Profit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & Stewart (SC) $222M · 2,301
Bridgeport Hospital Employer Contribution Retirement Plan (CT) $222M · 4,229

Frequently Asked Questions

How did Iron Workers of Western Pennsylvania Profit Sharing Plan assets move in 2023? ▼

Iron Workers of Western Pennsylvania Profit Sharing Plan grew at a solid clip - up 6.4% during 2023, from $207M to $220M. Reported net income was $13M.

How have Board of Trustees Iron Workers of Western PA Profit Sharing Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers of Western PA Profit Sharing Plan's sponsor-wide assets grew 9.2%, from $207M to $226M.

Where does Iron Workers of Western Pennsylvania Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Iron Workers of Western Pennsylvania Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Iron Workers of Western Pennsylvania Profit Sharing Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is IBEW Local 43 and Electrical Contractors Annuity F in NY ($221M, 1,646 participants).

Next read for Iron Workers of Western Pennsylvania Pro…

Filing takeaways

Ways to act on Iron Workers of Western Pennsylvania Profit Sharing Plan's numbers.

By total assets, Iron Workers of Western Pennsylvania Profit Sharing Plan ranks in the top 5% 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
Board of Trustees Iron Workers of Western PA Profit Sharing Plan's sponsor-wide assets have grown 9.2% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251318890.