Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Ironworkers Local No. 55 Pension Plan Pension Plan

Data updated 2026-08-25

$204M
Total assets Near avg plan size
591
Participants Below avg headcount
95th
Percentile by assets National rank
$344,702
Avg per participant High balance/head
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Official DOL plan name: Ironworkers Local No 55 Pension Plan · Sponsored by Board of Trustees Ironworkers Local No. 55 Pension Plan · Ohio · Construction

$204M in assets, 591 participants

Board of Trustees Ironworkers Local No. 55 Pension Plan's Ironworkers Local No 55 Pension Plan reported $204M in total assets and 591 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,478 in Construction (9,030 peers)

Where Ironworkers Local No 55 Pension Plan sits by assets

Ironworkers Local No 55 Pension Plan sits in the top 5% of all filed plans by assets, $204M for 591 participants (~$344,702/participant), up 9.2% in 2023.

#8,478
in Construction (9,030 peers)
+9.2%
assets growth YoY
2.0×
vs typical plan assets (national mean)

Ironworkers Local No 55 Pension Plan's outsized position by total assets

Ironworkers Local No 55 Pension Plan vs every filed plan by assets

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

$203,718,769 Top 5% higher than 95% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Ironworkers Local No 55 Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ironworkers Local No 55 Pension Plan sits mid-pack in the medium band (591 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ironworkers Local No 55 Pension Plan reported net income rose from $499K in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Ironworkers Local No 55 Pension Plan end-of-year assets rose from $187M in the plan year 2022 filing to $204M in the plan year 2023 filing.
  • Ironworkers Local No 55 Pension Plan reported participants fell from 635 in the plan year 2022 filing to 591 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 346682351 · Board of Trustees Ironworkers Local No. 55 Pension Plan PY 2023 · Defined Benefit (Pension)

Ironworkers Local No 55 Pension Plan · $204M · 591 · 95th

  • TYPE $204M
  • NET 591
  • BOOK 95th
  • VS-ST Defined Benefit (Pension)
  • BOY near White & Case LLP Retirement Income Plan
  • SCH ind #8478

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 Ohio →

Ironworkers Local No 55 Pension Plan in the asset neighbourhood

Ironworkers Local No 55 Pension PlanIronworkers Local No 55 Pens…$204MWhite & Case LLP Retirement Income PlanWhite & Case LLP Retirement …$204MRetirement Plan for Employees of Texas Scottish Rite Hospital for ChildrenRetirement Plan for Employee…$204MRyerson Pension Plan$204MDrummond Company, Inc. Revised Pension PlanDrummond Company, Inc. Revis…$204M
End-of-year total assets ($M) among Ironworkers Local No 55 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$187M
Net Assets (End of Year)$204M
Net Income$17M
Employer EIN346682351
Plan Effective Date1962-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Ironworkers Local No. 55 Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees Ironworkers Local No. 55 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$217M 16.558476405274085% vs 2022
2024 filing year
$180M$190M$200M$210M$220M$230M 202220232024 $187M $217M ▲ +16.6%
Year Plans Participants Total Assets
2022 1 635 $187M
2023 1 591 $204M
2024 1 595 $217M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Ironworkers Local No 55 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Ironworkers Local No 55 Pension Plan, Total assets ($B): 0.203718769 · Participants: 591Ironworkers Local No 55 Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Ironworkers Local No 55 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Ironworkers Local No 55 Pension Plan side-by-side with 3 peers →

Ironworkers Local No 55 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is White & Case LLP Retirement Income Plan in NY ($204M); by covered participants it is Flint Hills Resources Pension Plan in KS (592 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (591 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ironworkers Local No 55 Pension Plan assets move in 2023? ▼
Ironworkers Local No 55 Pension Plan grew at a solid clip - up 9.2% during 2023, from $187M to $204M. Reported net income was $17M.
How have Board of Trustees Ironworkers Local No. 55 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Ironworkers Local No. 55 Pension Plan's sponsor-wide assets grew 16.6%, from $187M to $217M.
Where does Ironworkers Local No 55 Pension Plan rank by assets among Form 5500 filers? ▼
Ironworkers Local No 55 Pension Plan ranks in the 95th 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 Ironworkers Local No 55 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is White & Case LLP Retirement Income Plan in NY ($204M, 187 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ironworkers Local No 55 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Flint Hills Resources Pension Plan in KS (592 participants, $73M in assets).

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 346682351.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.