Profit Sharing · DOL Form 5500 · 2023

Iron Workers Local 404 Profit Sharing Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
947
Participants Near avg headcount
89th
Percentile by assets National rank
$74,885
Avg per participant Below avg balance/head
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Official DOL plan name: Iron Workers Local Union No. 404 Annuity Fund · Sponsored by Iron Workers Local 404 · Pennsylvania · Construction

$71M in assets, 947 participants

Iron Workers Local 404's Iron Workers Local Union No. 404 Annuity Fund reported $71M in total assets and 947 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,826 in Construction (9,030 peers)

Where Iron Workers Local Union No. 404 Annuity Fund sits by assets

Iron Workers Local Union No. 404 Annuity Fund sits in the top quartile of all filed plans by assets, $71M for 947 participants (~$74,885/participant), up 6.8% in 2023.

#7,826
in Construction (9,030 peers)
+6.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Iron Workers Local Union No. 404 Annuity Fund's outsized position by total assets

Iron Workers Local Union No. 404 Annuity Fund vs every filed plan by assets

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

$70,915,889 Top 11% higher than 89% 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

Iron Workers Local Union No. 404 Annuity Fund 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. Iron Workers Local Union No. 404 Annuity Fund sits mid-pack in the medium band (947 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iron Workers Local Union No. 404 Annuity Fund reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Iron Workers Local Union No. 404 Annuity Fund reported participants fell from 1,858 in the plan year 2022 filing to 947 in the plan year 2023 filing.
  • Iron Workers Local Union No. 404 Annuity Fund end-of-year assets rose from $66M in the plan year 2022 filing to $71M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 251754959 · Iron Workers Local 404 PY 2023 · Profit Sharing

Iron Workers Local Union No. 404 Annuity Fund · $71M · 947 · 89th

  • PHOTO $71M
  • IND 947
  • EOY 89th
  • 5500 Profit Sharing
  • ASSETS near 401(a) Valley Presbyterian Hospital Defined Contribution Plan
  • PCT ind #7826

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 Pennsylvania →

Iron Workers Local Union No. 404 Annuity Fund in the asset neighbourhood

Nutter, Mcclennen & Fish, LLP Lawyers Retirement PlanNutter, Mcclennen & Fish, LL…$71MIron Workers Local Union No. 404 Annuity FundIron Workers Local Union No.…$71M401(a) Valley Presbyterian Hospital Defined Contribution Plan401(a) Valley Presbyterian H…$71MDrywall Tapers Annuity Fund$71MThe Wooster Brush Company Profit Sharing PlanThe Wooster Brush Company Pr…$70M
End-of-year total assets ($M) among Iron Workers Local Union No. 404 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$71M
Net Income$5M
Employer EIN251754959
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Workers Local 404)

Sponsor-wide plan assets over time

All Iron Workers Local 404 plans reported in each filing year

Latest sponsor-wide plan assets
$75M 13.627413781066425% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.4M $75.5M ▲ +13.6%
Year Plans Participants Total Assets
2022 1 1,858 $66M
2023 1 947 $71M
2024 1 899 $75M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Iron Workers Local Union No. 404 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Iron Workers Local Union No. 404 Annuity Fund, Total assets ($B): 0.070915889 · Participants: 947Iron Workers Local Union No. 404 Annuity FundEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
Iron Workers Local Union No. 404 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Iron Workers Local Union No. 404 Annuity Fund side-by-side with 3 peers →

Iron Workers Local Union No. 404 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is 401(a) Valley Presbyterian Hospital Defined Contribution Plan in CA ($71M); by covered participants it is Boston Scientific Corporation 401(k) Retirement Savings Plan for Puerto Rico Affiliates in PR (952 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (947 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 Iron Workers Local Union No. 404 Annuity Fund assets move in 2023? ▼
Iron Workers Local Union No. 404 Annuity Fund grew at a solid clip - up 6.8% during 2023, from $66M to $71M. Reported net income was $5M.
How have Iron Workers Local 404 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iron Workers Local 404's sponsor-wide assets grew 13.6%, from $66M to $75M.
Where does Iron Workers Local Union No. 404 Annuity Fund rank by assets among Form 5500 filers? ▼
Iron Workers Local Union No. 404 Annuity Fund ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Iron Workers Local Union No. 404 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is 401(a) Valley Presbyterian Hospital Defined Contribution Plan in CA ($71M, 1,374 participants).
Which Profit Sharing plans cover a similar participant headcount to Iron Workers Local Union No. 404 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Boston Scientific Corporation 401(k) Retirement Savings Plan for Puerto Rico Affiliates in PR (952 participants, $93M 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 251754959.

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.