Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund Pension Plan
Data updated 2026-08-25
- $672M
- Total assets Above avg plan size
- 2,181
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $308,217
- Avg per participant High balance/head
Official DOL plan name: Iron Workers Locals 40, 361 & 417 Pension Fund · Sponsored by Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund · New York · Construction
$672M in assets, 2,181 participants
Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund's Iron Workers Locals 40, 361 & 417 Pension Fund reported $672M in total assets and 2,181 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #8,849 in Construction (9,030 peers)
Coverage in New York
Iron Workers Locals 40, 361 & 417 Pension Fund covers 2,181 participants in New York, 2.7x the typical New York plan (state average ~798 per filing). Assets: $672M.
- #8,849
- in Construction (9,030 peers)
- +4.8%
- assets growth YoY
- 6.7×
- vs typical plan assets (national mean)
Iron Workers Locals 40, 361 & 417 Pension Fund's outsized position by total assets
Iron Workers Locals 40, 361 & 417 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$672,221,928 Top 2% higher than 98% 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 Pension 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 Pension Fund lands in the large band (2,181 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Iron Workers Locals 40, 361 & 417 Pension Fund reported net income rose from -$86M in the plan year 2022 filing to $53M in the plan year 2023 filing.
- Iron Workers Locals 40, 361 & 417 Pension Fund end-of-year assets rose from $642M in the plan year 2022 filing to $672M in the plan year 2023 filing.
- Iron Workers Locals 40, 361 & 417 Pension Fund reported participants fell from 2,251 in the plan year 2022 filing to 2,181 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 516102576 · Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund PY 2023 · Defined Benefit (Pension)
Iron Workers Locals 40, 361 & 417 Pension Fund · $672M · 2,181 · 98th
- TYPE $672M
- TYPE 2,181
- TYPE 98th
- TYPE Defined Benefit (Pension)
- TYPE near Joint Pension Fund of Local Union No 102
- TYPE ind #8849
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 Pension Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $642M |
|---|---|
| Net Assets (End of Year) | $669M |
| Net Income | $53M |
| Employer EIN | 516102576 |
| Plan Effective Date | 1955-12-14 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund)
Sponsor-wide plan assets over time
All Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $729M 13.590424308919003% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,251 | $642M |
| 2023 | 1 | 2,181 | $672M |
| 2024 | 1 | 1,891 | $729M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
Iron Workers Locals 40, 361 & 417 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Joint Pension Fund of Local Union No 102 in NJ ($672M); by covered participants it is IBEW 332 Pension Plan - Part a in CA (2,182 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($672M here).
- Joint Pension Fund of Local Union No 102 (NJ) $672M · 2,013
- First Horizon Corporation Pension Plan (TN) $675M · 1,107
- San Jose Market Pension Plan (TN) $675M · 1,272
- Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan (MI) $669M · 1,499
Similar participant headcount
Nearest other-state filings by covered participants (2,181 participants); asset peers above are excluded.
- IBEW 332 Pension Plan - Part a (CA) 2,182 · 1 off
- Retirement Plan for Employees of Boeing Employees' Credit Union (WA) 2,175 · 6 off
- Nisource Pension Plan (IN) 2,174 · 7 off
- Ufcw 360 Shop Rite Pension Fund (PA) 2,162 · 19 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.