Money Purchase · DOL Form 5500 · 2023
Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund Money Purchase Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 4,998
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $230,466
- Avg per participant Above avg balance/head
Official DOL plan name: Iron Workers Locals 40, 361 & 417 Annuity Fund · Sponsored by Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund · New York · Construction
$1.2B in assets, 4,998 participants
Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund's Iron Workers Locals 40, 361 & 417 Annuity Fund reported $1.2B in total assets and 4,998 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #8,922 in Construction (9,030 peers)
Coverage in New York
Iron Workers Locals 40, 361 & 417 Annuity Fund covers 4,998 participants in New York, 6.3x the typical New York plan (state average ~798 per filing). Assets: $1.2B.
- #8,922
- in Construction (9,030 peers)
- +7.4%
- assets growth YoY
- 12×
- vs typical plan assets (national mean)
Iron Workers Locals 40, 361 & 417 Annuity Fund's outsized position by total assets
Iron Workers Locals 40, 361 & 417 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,151,869,619 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Iron Workers Locals 40, 361 & 417 Annuity 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. Iron Workers Locals 40, 361 & 417 Annuity Fund lands in the large band (4,998 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Iron Workers Locals 40, 361 & 417 Annuity Fund reported net income rose from -$128M in the plan year 2022 filing to $76M in the plan year 2023 filing.
- Iron Workers Locals 40, 361 & 417 Annuity Fund end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
- Iron Workers Locals 40, 361 & 417 Annuity Fund reported participants fell from 5,068 in the plan year 2022 filing to 4,998 in the plan year 2023 filing.
DOL schedule card
Filing strip 237299279 · Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund PY 2023 · Money Purchase
Iron Workers Locals 40, 361 & 417 Annuity Fund · $1.2B · 4,998 · 99th
- IND $1.2B
- IND 4,998
- IND 99th
- IND Money Purchase
- IND near Occidental Petroleum Corporation Retirement Plan
- IND ind #8922
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 New York →
Iron Workers Locals 40, 361 & 417 Annuity Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $76M |
| Employer EIN | 237299279 |
| Plan Effective Date | 1969-12-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.2B 13.650070403991341% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,068 | $1.1B |
| 2023 | 1 | 4,998 | $1.2B |
| 2024 | 1 | 2,357 | $1.2B |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Tiaa Retirement Plan $5.3B · 12,501
- Young Men's Christian Association Retirement Fund Retirement Plan $3.7B · 43,490
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.0B · 15,163
- Brookhaven Science Associates, LLC Retirement Plan $1.4B · 2,473
- Excavators Union Local 731 Annuity Fund $848M · 5,582
Iron Workers Locals 40, 361 & 417 Annuity Fund's out-of-state Money Purchase peers by assets and headcount
Outside New York, the nearest Money Purchase by assets is Occidental Petroleum Corporation Retirement Plan in TX ($1.1B); by covered participants it is Presbyterian Homes and Services Employees Retirement Savings and Investment Plan in MN (4,812 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- Occidental Petroleum Corporation Retirement Plan (TX) $1.1B · 8,018
- Scripps Health Retirement Savings Plan (CA) $1.2B · 15,132
- California Iron Workers Field Defined Contribution Pension Trust Fund (CA) $1.2B · 15,271
- Southern California IBEW-NECA Defined Contribution Plan (CA) $1.2B · 26,117
Similar participant headcount
Nearest other-state filings by covered participants (4,998 participants); asset peers above are excluded.
- Presbyterian Homes and Services Employees Retirement Savings and Investment Plan (MN) 4,812 · 186 off
- Local 68 Engineers Union Annuity Plan (NJ) 5,196 · 198 off
- The Cleveland Clinic Foundation Cash Balance Plan (OH) 4,739 · 259 off
- Local No. 1 IBEW Pension Benefit Trust Fund (MO) 4,647 · 351 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.