Profit Sharing · DOL Form 5500 · 2023

Board of Trustees, Ironworkers Local No. 6 Profit Sharing Plan Profit Sharing Plan

Data updated 2026-08-11

$28M
Total assets
342
Participants
78th
Percentile by assets
$82,402
Avg per participant
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Official DOL plan name: Ironworkers Local No. 6 Profit Sharing Plan · Sponsored by Board of Trustees, Ironworkers Local No. 6 Profit Sharing Plan · New York · Construction

$28M in assets, 342 participants

Board of Trustees, Ironworkers Local No. 6 Profit Sharing Plan's Ironworkers Local No. 6 Profit Sharing Plan reported $28M in total assets and 342 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 127,072 plans)
  • #6,924 in Construction (9,030 peers)

Coverage in New York

Ironworkers Local No. 6 Profit Sharing Plan covers 342 participants in New York, about 43% of the average New York filer (state average ~798 per filing). Assets: $28M.

$28M
total plan assets (2023 EOY)
342
covered participants
78th
percentile by assets (of 127,072 plans)
$82,402
avg assets per participant

Where Ironworkers Local No. 6 Profit Sharing Plan sits by total assets

Ironworkers Local No. 6 Profit Sharing Plan vs every filed plan by assets

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

$28,181,347 Top 22% higher than 78% 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 Local No. 6 Profit Sharing Plan reported net income rose from $360K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Ironworkers Local No. 6 Profit Sharing Plan end-of-year assets rose from $25M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Ironworkers Local No. 6 Profit Sharing Plan reported participants rose from 322 in the plan year 2022 filing to 342 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Ironworkers Local No. 6 Profit Sharing Plan reports 342 participants - about 43% of that state average ($28M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN261899241
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Ironworkers Local No. 6 Profit Sharing Plan)

$20M$25M$30M$35M 202220232024 $25.1M $32.2M ▲ +28.0%
Total plan assets by year, all Board of Trustees, Ironworkers Local No. 6 Profit Sharing Plan plans on file
Year Plans Participants Total Assets
2022 1 322 $25M
2023 1 342 $28M
2024 1 332 $32M

Nearby Profit Sharing Plans in New York

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

Ironworkers Local No. 6 Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Ironworkers Local No…, Total assets ($B): 0.028181347 · Participants: 342Ironworkers Local No…Annuity Plan of the …, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the …Annuity Fund Iuoe Lo…, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Lo…Annuity Fd of the Iu…, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iu…The Research Foundat…, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundat…Mason Tenders Distri…, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders Distri…
Ironworkers Local No. 6 Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Ironworkers Local No. 6 Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Ironworkers Local No. 6 Profit Sharing Plan assets move in 2023?
Ironworkers Local No. 6 Profit Sharing Plan grew at a solid clip - up 12.2% during 2023, from $25M to $28M. Reported net income was $3M.
How have Board of Trustees, Ironworkers Local No. 6 Profit Sharing Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Ironworkers Local No. 6 Profit Sharing Plan's sponsor-wide assets grew 28.0%, from $25M to $32M.
Where does Ironworkers Local No. 6 Profit Sharing Plan rank by assets among Form 5500 filers?
Ironworkers Local No. 6 Profit Sharing Plan ranks in the 78th 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 Ironworkers Local No. 6 Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Marine Equipment & Supply Company Profit Sharing Plan in NJ ($28M, 100 participants).

Next read for Ironworkers Local No. 6 Profit Sharing P…

Filing takeaways

Ways to act on Ironworkers Local No. 6 Profit Sharing Plan's numbers.

  • By total assets, Ironworkers Local No. 6 Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • Board of Trustees, Ironworkers Local No. 6 Profit Sharing Plan's sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Construction plans