Profit Sharing · DOL Form 5500 · 2023

Board of Trustees of the Twin City Ironworkers DC Pension Fund Profit Sharing Plan

Data updated 2026-08-25

$322M
Total assets Above avg plan size
2,539
Participants Above avg headcount
96th
Percentile by assets National rank
$126,661
Avg per participant Near avg balance/head
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Official DOL plan name: Twin City Ironworkers Defined Contribution Fund · Sponsored by Board of Trustees of the Twin City Ironworkers DC Pension Fund · Minnesota · Construction

$322M in assets, 2,539 participants

Board of Trustees of the Twin City Ironworkers DC Pension Fund's Twin City Ironworkers Defined Contribution Fund reported $322M in total assets and 2,539 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,645 in Construction (9,030 peers)

Coverage in Minnesota

Twin City Ironworkers Defined Contribution Fund covers 2,539 participants in Minnesota, 2.3x the typical Minnesota plan (state average ~1,126 per filing). Assets: $322M.

#8,645
in Construction (9,030 peers)
+23.9%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Twin City Ironworkers Defined Contribution Fund's outsized position by total assets

Twin City Ironworkers Defined Contribution Fund vs every filed plan by assets

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

$321,593,541 Top 4% higher than 96% 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

Twin City Ironworkers Defined Contribution Fund'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. Twin City Ironworkers Defined Contribution Fund lands in the large band (2,539 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Twin City Ironworkers Defined Contribution Fund reported net income rose from -$45M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Twin City Ironworkers Defined Contribution Fund end-of-year assets rose from $260M in the plan year 2022 filing to $322M in the plan year 2023 filing.
  • Twin City Ironworkers Defined Contribution Fund reported participants rose from 2,463 in the plan year 2022 filing to 2,539 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 411876222 · Board of Trustees of the Twin City Ironworkers DC Pension Fund PY 2023 · Profit Sharing

Twin City Ironworkers Defined Contribution Fund · $322M · 2,539 · 96th

  • NET $322M
  • NET 2,539
  • NET 96th
  • NET Profit Sharing
  • NET near Indiana State Council of Plasterers & Cement Mason Pension Fund
  • NET ind #8645

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 Minnesota →

Twin City Ironworkers Defined Contribution Fund in the asset neighbourhood

Bricklayers Local 1 of PA/De Annuity FundBricklayers Local 1 of PA/De…$326MTwin City Ironworkers Defined Contribution FundTwin City Ironworkers Define…$322MIndiana State Council of Plasterers & Cement Mason Pension FundIndiana State Council of Pla…$321MDyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment PlanDyno Nobel Inc. and Subsidia…$320MArch. Ironworkers Local 63 DC Pension TrustArch. Ironworkers Local 63 D…$320M
End-of-year total assets ($M) among Twin City Ironworkers Defined Contribution Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$260M
Net Assets (End of Year)$322M
Net Income$62M
Employer EIN411876222
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Twin City Ironworkers DC Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of the Twin City Ironworkers DC Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$380M 46.17404853048012% vs 2022
2024 filing year
$200M$250M$300M$350M$400M 202220232024 $260M $380M ▲ +46.2%
Year Plans Participants Total Assets
2022 1 2,463 $260M
2023 1 2,539 $322M
2024 1 2,654 $380M

Nearby Profit Sharing Plans in Minnesota

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

Twin City Ironworkers Defined Contribution Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 00.511.522.5 Total assets ($B) Participants Twin City Ironworkers Defined Contribution Fund, Total assets ($B): 0.321593541 · Participants: 2539Twin City Ironworkers Defined Contribution FundEssentia Health Retirement Plan, Total assets ($B): 1.947015983 · Participants: 15491Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.617374084 · Participants: 6062Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.905961651 · Participants: 9417Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.609806339 · Participants: 4828Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.510990463 · Participants: 19870Cargill Employee Retirement Account Plan
Twin City Ironworkers Defined Contribution Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Twin City Ironworkers Defined Contribution Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Indiana State Council of Plasterers & Cement Mason Pension Fund in IN ($321M); by covered participants it is Connecticut Pipetrades Local No. 777 Annuity Plan in CT (2,559 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,539 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 Twin City Ironworkers Defined Contribution Fund assets move in 2023? ▼
Twin City Ironworkers Defined Contribution Fund grew sharply - up 23.9% during 2023, from $260M to $322M. Reported net income was $62M.
How have Board of Trustees of the Twin City Ironworkers DC Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of the Twin City Ironworkers DC Pension Fund's sponsor-wide assets grew 46.2%, from $260M to $380M.
Where does Twin City Ironworkers Defined Contribution Fund rank by assets among Form 5500 filers? ▼
Twin City Ironworkers Defined Contribution Fund ranks in the 96th 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 Twin City Ironworkers Defined Contribution Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Indiana State Council of Plasterers & Cement Mason Pension Fund in IN ($321M, 1,127 participants).
Which Profit Sharing plans cover a similar participant headcount to Twin City Ironworkers Defined Contribution Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Connecticut Pipetrades Local No. 777 Annuity Plan in CT (2,559 participants, $246M in assets).