Profit Sharing · DOL Form 5500 · 2023
Board of Trustees of Structural Iw Local #1 Annuity Plan Profit Sharing Plan
Data updated 2026-08-06
- $416M
- Total assets
- 3,083
- Participants
- 97th
- Percentile by assets
- $135,000
- Avg per participant
Official DOL plan name: Structural Iron Workers Local #1 Annuity Plan · Sponsored by Board of Trustees of Structural Iw Local #1 Annuity Plan · Illinois · Construction
$416M in assets, 3,083 participants
Board of Trustees of Structural Iw Local #1 Annuity Plan's Structural Iron Workers Local #1 Annuity Plan reported $416M in total assets and 3,083 participants in its 2023 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.
- 97th percentile by assets (of 126,618 plans)
- #8,684 in Construction (8,993 peers)
Coverage in Illinois
Structural Iron Workers Local #1 Annuity Plan covers 3,083 participants in Illinois, 4.0x the typical Illinois plan (state average ~768 per filing). Assets: $416M.
- $416M
- total plan assets (2023 EOY)
- 3,083
- covered participants
- 97th
- percentile by assets (of 126,618 plans)
- $135,000
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Structural Iron Workers Local #1 Annuity Plan reported net income rose from -$30M in the plan year 2022 filing to $23M in the plan year 2023 filing.
- Structural Iron Workers Local #1 Annuity Plan end-of-year assets rose from $393M in the plan year 2022 filing to $416M in the plan year 2023 filing.
- Structural Iron Workers Local #1 Annuity Plan reported participants rose from 3,069 in the plan year 2022 filing to 3,083 in the plan year 2023 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. Structural Iron Workers Local #1 Annuity Plan reports 3,083 participants - 4.0x that state average ($416M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $393M |
|---|---|
| Net Assets (End of Year) | $416M |
| Net Income | $23M |
| Employer EIN | 366551011 |
| Plan Effective Date | 1974-04-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Structural Iw Local #1 Annuity Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,069 | $393M |
| 2023 | 1 | 3,083 | $416M |
| 2024 | 1 | 3,530 | $444M |
Nearby Profit Sharing Plans in Illinois
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Structural Iron Workers Local #1 Annuity Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants
- W. W. Grainger, Inc. Retirement Savings Plan $3.5B · 18,524
- Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5 $3.2B · 23,108
- Mcmaster-Carr Supply Company Profit Sharing Trust $2.7B · 4,366
- Mid-America Carpenters Regional Council Supplemental Retirement Plan $1.8B · 16,214
- Carle Foundation Hospital and Affiliates Matching Tsa Plan $1.2B · 15,604
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Structural Iron Workers Local #1 Annuity Plan by total assets, not by location.
- The Arc New York Affiliated Employers 401(k) Plan (NY) $417M · 11,366
- Pennsylvania Association of Independent Colleges and Universities Multiple Employer Plan (PA) $413M · 2,051
- The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies (CA) $420M · 3,124
- Shands Health Care Matched Savings Account 401(a) (FL) $421M · 9,825
Frequently Asked Questions
How did Structural Iron Workers Local #1 Annuity Plan assets move in 2023? ▼
How have Board of Trustees of Structural Iw Local #1 Annuity Plan plan assets changed over time? ▼
Where does Structural Iron Workers Local #1 Annuity Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Structural Iron Workers Local #1 Annuity Plan? ▼
Next read for Structural Iron Workers Local #1 Annuity…
Filing takeaways
Ways to act on Structural Iron Workers Local #1 Annuity Plan's numbers.
- By total assets, Structural Iron Workers Local #1 Annuity 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 Illinois. Compare plans
- Board of Trustees of Structural Iw Local #1 Annuity Plan's sponsor-wide assets have grown 12.8% since 2022 across 3 plan years on file. More Construction plans