Defined Benefit (Pension) · DOL Form 5500 · 2023

Ironworkers National Pension Plan Board of Trustees Pension Plan

Data updated 2026-08-11

$476M
Total assets
2,555
Participants
97th
Percentile by assets
$186,288
Avg per participant
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Official DOL plan name: Ironworkers National Pension Plan · Sponsored by Ironworkers National Pension Plan Board of Trustees · Illinois · Construction

$476M in assets, 2,555 participants

Ironworkers National Pension Plan Board of Trustees's Ironworkers National Pension Plan reported $476M in total assets and 2,555 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #8,759 in Construction (9,030 peers)

Coverage in Illinois

Ironworkers National Pension Plan covers 2,555 participants in Illinois, 3.3x the typical Illinois plan (state average ~779 per filing). Assets: $476M.

$476M
total plan assets (2023 EOY)
2,555
covered participants
97th
percentile by assets (of 127,072 plans)
$186,288
avg assets per participant

Where Ironworkers National Pension Plan sits by total assets

Ironworkers National Pension Plan vs every filed plan by assets

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

$475,966,882 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ironworkers National Pension Plan reported net income fell from $47M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Ironworkers National Pension Plan end-of-year assets rose from $464M in the plan year 2022 filing to $476M in the plan year 2023 filing.
  • Ironworkers National Pension Plan reported participants rose from 2,510 in the plan year 2022 filing to 2,555 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Illinois
Industry
Construction

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Ironworkers National Pension Plan reports 2,555 participants - 3.3x that state average ($476M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$464M
Net Assets (End of Year)$476M
Net Income$13M
Employer EIN526122274
Plan Effective Date1969-03-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Ironworkers National Pension Plan Board of Trustees)

$460M$480M$500M$520M 202220232024 $464M $503M ▲ +8.4%
Total plan assets by year, all Ironworkers National Pension Plan Board of Trustees plans on file
Year Plans Participants Total Assets
2022 1 2,510 $464M
2023 1 2,555 $476M
2024 1 2,757 $503M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Ironworkers National Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0200004000060000 -200204060 Total assets ($B) Participants Ironworkers National…, Total assets ($B): 0.475966882 · Participants: 2555Ironworkers National…Central States, Sout…, Total assets ($B): 49.680270595 · Participants: 48538Central States, Sout…State Farm Insurance…, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance…United Food & Commer…, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commer…John Deere Pension P…, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension P…Abbott Laboratories …, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories …
Ironworkers National Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Ironworkers National Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ironworkers National Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Ironworkers National Pension Plan assets move in 2023? ▼
Ironworkers National Pension Plan edged up modestly - up 2.5% during 2023, from $464M to $476M. Reported net income was $13M.
How have Ironworkers National Pension Plan Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ironworkers National Pension Plan Board of Trustees's sponsor-wide assets grew 8.4%, from $464M to $503M.
Where does Ironworkers National Pension Plan rank by assets among Form 5500 filers? ▼
Ironworkers National Pension Plan ranks in the 97th 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 National Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is St. Lukes Health Network Pension Plan in PA ($476M, 2,382 participants).

Next read for Ironworkers National Pension Plan

Filing takeaways

Ways to act on Ironworkers National Pension Plan's numbers.

  • By total assets, Ironworkers National Pension Plan 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 Illinois. Compare plans
  • Ironworkers National Pension Plan Board of Trustees's sponsor-wide assets have grown 8.4% 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 526122274.

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.