Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Hawaii Iron Workers Pension Trust Fund Pension Plan

Data updated 2026-08-25

$171M
Total assets Near avg plan size
643
Participants Below avg headcount
94th
Percentile by assets National rank
$266,434
Avg per participant High balance/head
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Official DOL plan name: Hawaii Iron Workers' Pension Plan · Sponsored by Board of Trustees of Hawaii Iron Workers Pension Trust Fund · Hawaii · Construction

$171M in assets, 643 participants

Board of Trustees of Hawaii Iron Workers Pension Trust Fund's Hawaii Iron Workers' Pension Plan reported $171M in total assets and 643 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,385 in Construction (9,030 peers)

Where Hawaii Iron Workers' Pension Plan sits by assets

Hawaii Iron Workers' Pension Plan sits in the top 10% of all filed plans by assets, $171M for 643 participants (~$266,434/participant), up 13.3% in 2023.

#8,385
in Construction (9,030 peers)
+13.3%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Hawaii Iron Workers' Pension Plan's outsized position by total assets

Hawaii Iron Workers' Pension Plan vs every filed plan by assets

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

$171,317,092 Top 6% higher than 94% 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

Hawaii Iron Workers' 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. Hawaii Iron Workers' Pension Plan sits mid-pack in the medium band (643 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hawaii Iron Workers' Pension Plan reported net income rose from -$12M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Hawaii Iron Workers' Pension Plan end-of-year assets rose from $151M in the plan year 2022 filing to $171M in the plan year 2023 filing.
  • Hawaii Iron Workers' Pension Plan reported participants rose from 618 in the plan year 2022 filing to 643 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 996025105 · Board of Trustees of Hawaii Iron Workers Pension Trust Fund PY 2023 · Defined Benefit (Pension)

Hawaii Iron Workers' Pension Plan · $171M · 643 · 94th

  • PART $171M
  • PART 643
  • PART 94th
  • PART Defined Benefit (Pension)
  • PART near Sgs North America Inc. Pension Plan
  • PART ind #8385

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 Hawaii →

Hawaii Iron Workers' Pension Plan in the asset neighbourhood

Sgs North America Inc. Pension PlanSgs North America Inc. Pensi…$171MHawaii Iron Workers' Pension PlanHawaii Iron Workers' Pension…$171MBfi Retirement Plan$171MIbt Consolidated Pension Plan$171MPlumbers & Pipefitters Local Union No. 74 Pension FundPlumbers & Pipefitters Local…$171M
End-of-year total assets ($M) among Hawaii Iron Workers' 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)$151M
Net Assets (End of Year)$171M
Net Income$20M
Employer EIN996025105
Plan Effective Date1969-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Hawaii Iron Workers Pension Trust Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Hawaii Iron Workers Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$176M 16.25973081387845% vs 2022
2024 filing year
$140M$150M$160M$170M$180M 202220232024 $151M $176M ▲ +16.3%
Year Plans Participants Total Assets
2022 1 618 $151M
2023 1 643 $171M
2024 1 614 $176M

Nearby Defined Benefit (Pension) Plans in Hawaii

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

Hawaii Iron Workers' Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 02000400060008000 00.511.52 Total assets ($B) Participants Hawaii Iron Workers' Pension Plan, Total assets ($B): 0.171317092 · Participants: 643Hawaii Iron Workers' Pension PlanRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries, Total assets ($B): 1.91180259 · Participants: 2406Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating SubsidiariesHotel Union and Hotel Industry of Hawaii Pension Plan, Total assets ($B): 0.704996682 · Participants: 7370Hotel Union and Hotel Industry of Hawaii Pension PlanPamcah-Ua Local 675 Pension Plan, Total assets ($B): 0.574975486 · Participants: 1505Pamcah-Ua Local 675 Pension PlanThe Queen's Health Systems Pension Plan, Total assets ($B): 0.505374398 · Participants: 5037The Queen's Health Systems Pension PlanHawaii Pacific Health Retirement Plan, Total assets ($B): 0.452484278 · Participants: 5550Hawaii Pacific Health Retirement Plan
Hawaii Iron Workers' Pension Plan vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants

Hawaii Iron Workers' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Hawaii, the nearest Defined Benefit (Pension) by assets is Sgs North America Inc. Pension Plan in NJ ($171M); by covered participants it is Mcwane Hourly Pension Plan in AL (643 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($171M here).

Similar participant headcount

Nearest other-state filings by covered participants (643 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 Hawaii Iron Workers' Pension Plan assets move in 2023?
Hawaii Iron Workers' Pension Plan grew at a solid clip - up 13.3% during 2023, from $151M to $171M. Reported net income was $20M.
How have Board of Trustees of Hawaii Iron Workers Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Hawaii Iron Workers Pension Trust Fund's sponsor-wide assets grew 16.3%, from $151M to $176M.
Where does Hawaii Iron Workers' Pension Plan rank by assets among Form 5500 filers?
Hawaii Iron Workers' Pension Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Hawaii Iron Workers' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sgs North America Inc. Pension Plan in NJ ($171M, 641 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hawaii Iron Workers' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mcwane Hourly Pension Plan in AL (643 participants, $139M in assets).