Money Purchase
2023 plan-year Money Purchase DOL Form 5500

IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

IRONWORKERS LOCAL 380 RETIREMENT AND SEV FUND

This Money Purchase plan holds $34M in total assets and serves 1,079 participants as of 2023. It is sponsored by IRONWORKERS LOCAL 380 RETIREMENT AND SEV FUND in Illinois. The plan reported positive net income of $3M for the year.

Total Assets (2023)
$34M
Participants
1,079
State
Industry
Construction

What the Filing Says About IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN

IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN is a Money Purchase retirement plan sponsored by IRONWORKERS LOCAL 380 RETIREMENT AND SEV FUND, headquartered in Illinois. As of the 2023 Form 5500 filing, the plan reports $34M in total end-of-year assets and covers 1,079 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 376122834, and the plan has been effective since 1972-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $31M at the beginning of 2023 to $34M at year-end — a gain of 9.7%. Net assets (after liabilities) closed the year at $33M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$31M
Total Assets (End of Year)$34M
Net Assets (End of Year)$33M
Net Income$3M
Plan TypeMoney Purchase
Employer EIN376122834
Plan Effective Date1972-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IRONWORKERS LOCAL 380 RETIREMENT AND SEV FUND)

Year Plans Participants Total Assets
2022 1 907 $31M
2023 1 1,079 $34M
2024 1 1,118 $36M

Nearby Money Purchase Plans in Illinois

Peer Money Purchase plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN?
As of the 2023 Form 5500 filing, IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN holds $34M in total assets with 1,079 participants. It is sponsored by IRONWORKERS LOCAL 380 RETIREMENT AND SEV FUND.
What type of plan is IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN?
IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN is a Money Purchase plan. It has been effective since 1972-04-01. The plan is filed with the U.S. Department of Labor under EIN 376122834.
Who sponsors the IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN?
IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN is sponsored by IRONWORKERS LOCAL 380 RETIREMENT AND SEV FUND, located in Illinois. The sponsor's EIN is 376122834 and the plan operates in the Construction industry.
How did IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN perform in 2023?
IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN grew by 9.7% during 2023, moving from $31M to $34M in total assets. Net income was $3M.
Where can I find official filings for IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN?
Official Form 5500 filings for IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 376122834 or plan name at efast.dol.gov.
How does IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN compare to other plans?
You can compare IRONWORKERS LOCAL 380 RETIREMENT AND SEVERANCE PLAN against other Money Purchase plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 376122834.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.