Profit Sharing · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$220M
Total assets Near avg plan size
1,963
Participants Near avg headcount
95th
Percentile by assets National rank
$112,314
Avg per participant Below avg balance/head
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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.

  • #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.

#8,507
in Construction (9,030 peers)
+6.4%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Iron Workers of Western Pennsylvania Profit Sharing Plan's outsized position by total assets

Iron Workers of Western Pennsylvania Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$220,472,180 Top 5% higher than 95% of 127,068 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 2023

Iron Workers of Western Pennsylvania Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iron Workers of Western Pennsylvania Profit Sharing Plan lands in the large band (1,963 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

Form 5500 schedule snapshot

Filing strip 251318890 · Board of Trustees Iron Workers of Western PA Profit Sharing Plan PY 2023 · Profit Sharing

Iron Workers of Western Pennsylvania Profit Sharing Plan · $220M · 1,963 · 95th

  • PHOTO $220M
  • IND 1,963
  • EOY 95th
  • 5500 Profit Sharing
  • ASSETS near IBEW Local 43 and Electrical Contractors Annuity F
  • PCT ind #8507

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 Pennsylvania →

Iron Workers of Western Pennsylvania Profit Sharing Plan in the asset neighbourhood

Bridgeport Hospital Employer Contribution Retirement PlanBridgeport Hospital Employer…$222MProfit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & StewartProfit-Sharing Plan of Oglet…$222MIBEW Local 43 and Electrical Contractors Annuity FIBEW Local 43 and Electrical…$221MIron Workers of Western Pennsylvania Profit Sharing PlanIron Workers of Western Penn…$220MAdventist Health System/West 403(b) ERISA PlanAdventist Health System/West…$219M
End-of-year total assets ($M) among Iron Workers of Western Pennsylvania Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$207M
Net Assets (End of Year)$220M
Net Income$13M
Employer EIN251318890
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees Iron Workers of Western PA Profit Sharing Plan plans reported in each filing year

Latest sponsor-wide plan assets
$226M 9.246770105219476% vs 2022
2024 filing year
$200M$210M$220M$230M 202220232024 $207M $226M ▲ +9.2%
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 Scatter plot of 6 data points. 0500010000150002000025000 00.511.522.5 Total assets ($B) Participants Iron Workers of Western Pennsylvania Profit Sharing Plan, Total assets ($B): 0.22047218 · Participants: 1963Iron Workers of Western Pennsylvania Profit Sharing PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
Iron Workers of Western Pennsylvania Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Iron Workers of Western Pennsylvania Profit Sharing Plan side-by-side with 3 peers →

Iron Workers of Western Pennsylvania Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is IBEW Local 43 and Electrical Contractors Annuity F in NY ($221M); by covered participants it is Memorial Health System Hospitals Defined Contribution Plan in OH (1,956 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,963 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Profit Sharing plans cover a similar participant headcount to Iron Workers of Western Pennsylvania Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Memorial Health System Hospitals Defined Contribution Plan in OH (1,956 participants, $25M in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.