Money Purchase · DOL Form 5500 · 2023

Board of Trustees of Iron Workers Local 395 Annuity Fund Money Purchase Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
700
Participants Below avg headcount
88th
Percentile by assets National rank
$88,511
Avg per participant Below avg balance/head
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Official DOL plan name: Iron Workers Local 395 Annuity Fund · Sponsored by Board of Trustees of Iron Workers Local 395 Annuity Fund · Illinois · Construction

$62M in assets, 700 participants

Board of Trustees of Iron Workers Local 395 Annuity Fund's Iron Workers Local 395 Annuity Fund reported $62M in total assets and 700 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,725 in Construction (9,030 peers)

Where Iron Workers Local 395 Annuity Fund sits by assets

Iron Workers Local 395 Annuity Fund sits in the top quartile of all filed plans by assets, $62M for 700 participants (~$88,511/participant), up 19.8% in 2023.

#7,725
in Construction (9,030 peers)
+19.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Iron Workers Local 395 Annuity Fund's outsized position by total assets

Iron Workers Local 395 Annuity Fund vs every filed plan by assets

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

$61,957,543 Top 12% higher than 88% 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 Local 395 Annuity Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iron Workers Local 395 Annuity Fund sits mid-pack in the medium band (700 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iron Workers Local 395 Annuity Fund reported net income rose from -$7M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Iron Workers Local 395 Annuity Fund end-of-year assets rose from $52M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Iron Workers Local 395 Annuity Fund reported participants rose from 656 in the plan year 2022 filing to 700 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 351959984 · Board of Trustees of Iron Workers Local 395 Annuity Fund PY 2023 · Money Purchase

Iron Workers Local 395 Annuity Fund · $62M · 700 · 88th

  • ASSETS $62M
  • PCT 700
  • EIN 88th
  • RANK Money Purchase
  • PHOTO near The Cleveland Glass & Glazing Industry Defined Contrib. Pension
  • IND ind #7725

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 Illinois →

Iron Workers Local 395 Annuity Fund in the asset neighbourhood

Greylock Management Corporation Pension PlanGreylock Management Corporat…$62MThe Cleveland Glass & Glazing Industry Defined Contrib. PensionThe Cleveland Glass & Glazin…$62MIron Workers Local 395 Annuity FundIron Workers Local 395 Annui…$62MFlagler Hospital Money Accumulation Plan and TrustFlagler Hospital Money Accum…$61MGreat Plains Health Alliance Employees Pension PlanGreat Plains Health Alliance…$61M
End-of-year total assets ($M) among Iron Workers Local 395 Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$62M
Net Income$10M
Employer EIN351959984
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Iron Workers Local 395 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Iron Workers Local 395 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$70M 35.78931858909017% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $51.7M $70.2M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 656 $52M
2023 1 700 $62M
2024 1 824 $70M

Nearby Money Purchase Plans in Illinois

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Iron Workers Local 395 Annuity Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants Scatter plot of 6 data points. 5001000150020002500 0200400600800 Total assets ($M) Participants Iron Workers Local 395 Annuity Fund, Total assets ($M): 61.957543 · Participants: 700Iron Workers Local 395 Annuity FundRetirement Plan for Employees of Fermi Research Alliance, LLC, Total assets ($M): 750.948481 · Participants: 1685Retirement Plan for Employees of Fermi Research Alliance, LLCNECA-IBEW Local 176 Pension Trust Fund, Total assets ($M): 677.825728 · Participants: 2263NECA-IBEW Local 176 Pension Trust FundNECA-IBEW Local 364 Defined Contribution Plan, Total assets ($M): 467.762197 · Participants: 763NECA-IBEW Local 364 Defined Contribution PlanInternational Association of Heat and Frost Insulators Local 17 Annuity Fund, Total assets ($M): 193.857812 · Participants: 1187International Association of Heat and Frost Insulators Local 17 Annuity FundSheet Metal Workers Local 219 Retirement Savings Fund, Total assets ($M): 183.62372 · Participants: 907Sheet Metal Workers Local 219 Retirement Savings Fund
Iron Workers Local 395 Annuity Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants
Compare Iron Workers Local 395 Annuity Fund side-by-side with 3 peers →

Iron Workers Local 395 Annuity Fund's out-of-state Money Purchase peers by assets and headcount

Outside Illinois, the nearest Money Purchase by assets is The Cleveland Glass & Glazing Industry Defined Contrib. Pension in OH ($62M); by covered participants it is Bloodworks Northwest Retirement Plan in WA (694 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (700 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 Local 395 Annuity Fund assets move in 2023? ▼
Iron Workers Local 395 Annuity Fund grew sharply - up 19.8% during 2023, from $52M to $62M. Reported net income was $10M.
How have Board of Trustees of Iron Workers Local 395 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Iron Workers Local 395 Annuity Fund's sponsor-wide assets grew 35.8%, from $52M to $70M.
Where does Iron Workers Local 395 Annuity Fund rank by assets among Form 5500 filers? ▼
Iron Workers Local 395 Annuity Fund ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Iron Workers Local 395 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by assets is The Cleveland Glass & Glazing Industry Defined Contrib. Pension in OH ($62M, 991 participants).
Which Money Purchase plans cover a similar participant headcount to Iron Workers Local 395 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is Bloodworks Northwest Retirement Plan in WA (694 participants, $118M 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 351959984.

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.