Money Purchase · DOL Form 5500 · 2023
Board of Trustees Iron Workers Money Purchase Plan
Data updated 2026-08-06
- $567M
- Total assets
- 7,428
- Participants
- 98th
- Percentile by assets
- $76,310
- Avg per participant
Official DOL plan name: Iron Workers District Council of New England Annuity Fund · Sponsored by Board of Trustees Iron Workers · Massachusetts · Construction
$567M in assets, 7,428 participants
Board of Trustees Iron Workers's Iron Workers District Council of New England Annuity Fund reported $567M in total assets and 7,428 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.
- 98th percentile by assets (of 126,618 plans)
- #8,772 in Construction (8,993 peers)
Coverage in Massachusetts
Iron Workers District Council of New England Annuity Fund covers 7,428 participants in Massachusetts, 12x the typical Massachusetts plan (state average ~641 per filing). Assets: $567M.
- $567M
- total plan assets (2023 EOY)
- 7,428
- covered participants
- 98th
- percentile by assets (of 126,618 plans)
- $76,310
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Iron Workers District Council of New England Annuity Fund reported net income rose from -$86M in the plan year 2022 filing to $67M in the plan year 2023 filing.
- Iron Workers District Council of New England Annuity Fund end-of-year assets rose from $500M in the plan year 2022 filing to $567M in the plan year 2023 filing.
- Iron Workers District Council of New England Annuity Fund reported participants rose from 6,992 in the plan year 2022 filing to 7,428 in the plan year 2023 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Iron Workers District Council of New England Annuity Fund reports 7,428 participants - 12x that state average ($567M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $500M |
|---|---|
| Net Assets (End of Year) | $566M |
| Net Income | $67M |
| Employer EIN | 042647320 |
| Plan Effective Date | 1972-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Iron Workers)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,992 | $500M |
| 2023 | 1 | 7,428 | $567M |
| 2024 | 1 | 7,659 | $614M |
Nearby Money Purchase Plans in Massachusetts
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Iron Workers District Council of New England Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants
- The Mitre Corporation Qualified Retirement Plan $2.6B · 12,551
- Retirement Income Plan for Teaching Faculty of Harvard University $2.2B · 2,687
- Massachusetts Laborers' Annuity Fund $2.2B · 11,709
- Harvard University Defined Contribution Retirement Plan $1.8B · 13,259
- Electrical Workers Deferred Income Plan Local 103, I.B.E.W. $1.6B · 8,337
Scale composition for Iron Workers District Council of New England Annuity Fund
Iron Workers District Council of New England Annuity Fund reports $567M in end-of-year assets across 7,428 participants (0.005% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $76,310 per participant (56% of the national average assets-per-participant) . Net income for plan year 2023 was $67M.
This plan identity (EIN 042647320, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $500M to $614M (+22.9%) while covered participants moved from 6,992 to 7,659 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,992 | $500M | Open filing |
| 2023 | 7,428 | $567M | This page |
| 2024 · index core | 7,659 | $614M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Iron Workers District Council of New England Annuity Fund (Money Purchase, $614M, 7,659 participants)
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Iron Workers District Council of New England Annuity Fund by total assets, not by location.
- Hawaii Carpenters Financial Security Fund (HI) $577M · 3,972
- Educational Testing Service 401(a) Retirement Plan (NJ) $577M · 3,310
- UPS/Ibt Local 2727 Defined Contribution Money Purchase Pension Plan (KY) $550M · 1,810
- Nfl Pension Plan (NY) $545M · 1,599
Frequently Asked Questions
How did Iron Workers District Council of New England Annuity Fund assets move in 2023? ▼
How have Board of Trustees Iron Workers plan assets changed over time? ▼
Where does Iron Workers District Council of New England Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Iron Workers District Council of New England Annuity Fund? ▼
Next read for Iron Workers District Council of New Eng…
Filing takeaways
Ways to act on Iron Workers District Council of New England Annuity Fund's numbers.
- By total assets, Iron Workers District Council of New England Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Massachusetts. Compare plans
- Board of Trustees Iron Workers's sponsor-wide assets have grown 22.9% since 2022 across 3 plan years on file. More Construction plans