Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Iron Workers Pension Plan

Data updated 2026-08-11

$640M
Total assets: 2,275
Participants: 98th
Percentile by assets: $281,347
Avg per participant

Official DOL plan name: Iron Workers District Council of New England Pension Fund · Sponsored by Board of Trustees Iron Workers · Massachusetts · Construction

$640M in assets, 2,275 participants

Board of Trustees Iron Workers's Iron Workers District Council of New England Pension Fund reported $640M in total assets and 2,275 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 127,072 plans)
#8,837 in Construction (9,030 peers)

Coverage in Massachusetts

Iron Workers District Council of New England Pension Fund covers 2,275 participants in Massachusetts, 3.5x the typical Massachusetts plan (state average ~659 per filing). Assets: $640M.

$640M
total plan assets (2023 EOY): 2,275
covered participants: 98th
percentile by assets (of 127,072 plans): $281,347
avg assets per participant

Where Iron Workers District Council of New England Pension Fund sits by total assets

Iron Workers District Council of New England Pension Fund vs every filed plan by assets

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

$640,064,040 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 District Council of New England Pension Fund reported net income rose from -$69M in the plan year 2022 filing to $54M in the plan year 2023 filing.
Iron Workers District Council of New England Pension Fund end-of-year assets rose from $586M in the plan year 2022 filing to $640M in the plan year 2023 filing.
Iron Workers District Council of New England Pension Fund reported participants fell from 2,369 in the plan year 2022 filing to 2,275 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Construction

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Iron Workers District Council of New England Pension Fund reports 2,275 participants - 3.5x that state average ($640M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$586M
Net Assets (End of Year)	$639M
Net Income	$54M
Employer EIN	042591016
Plan Effective Date	1957-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers)

Total plan assets by year, all Board of Trustees Iron Workers plans on file

Year	Plans	Participants	Total Assets
2022	1	2,369	$586M
2023	1	2,275	$640M
2024	1	2,297	$683M

Nearby Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Iron Workers District Council of New England Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $10.3B · 58,745
New England Teamsters Pension Fund $9.1B · 21,786
Liberty Mutual Retirement Benefit Plan $6.9B · 37,145
Massachusetts Institute of Technology Basic Retirement Plan $5.4B · 11,888
N. Atlantic States Carp. Pension Fund $5.0B · 17,166

Compare Iron Workers District Council of New Eng… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Iron Workers District Council of New England Pension Fund by total assets, not by location.

Pacific Coast Roofers Pension Plan (CA) $639M · 4,794
Howmet Aerospace Retirement Plan (PA) $641M · 1,929
Memorial Hermann Pension Plan (TX) $642M · 5,830
Usg Corporation Retirement Plan (IL) $642M · 5,647

Frequently Asked Questions

How did Iron Workers District Council of New England Pension Fund assets move in 2023? ▼

Iron Workers District Council of New England Pension Fund grew at a solid clip - up 9.2% during 2023, from $586M to $640M. Reported net income was $54M.

How have Board of Trustees Iron Workers plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers's sponsor-wide assets grew 16.6%, from $586M to $683M.

Where does Iron Workers District Council of New England Pension Fund rank by assets among Form 5500 filers? ▼

Iron Workers District Council of New England Pension Fund ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Iron Workers District Council of New England Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Pacific Coast Roofers Pension Plan in CA ($639M, 4,794 participants).

Next read for Iron Workers District Council of New Eng…

Filing takeaways

Ways to act on Iron Workers District Council of New England Pension Fund's numbers.

By total assets, Iron Workers District Council of New England Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
Board of Trustees Iron Workers's sponsor-wide assets have grown 16.6% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042591016.