Profit Sharing · DOL Form 5500 · 2023

Board of Trustees, Iron Workers Local No. 25 Profit Sharing Plan

Data updated 2026-08-11

$196M
Total assets: 4,617
Participants: 95th
Percentile by assets: $42,354
Avg per participant

Official DOL plan name: Iron Workers Defined Contribution Pension Fund Plan · Sponsored by Board of Trustees, Iron Workers Local No. 25 · Michigan · Construction

$196M in assets, 4,617 participants

Board of Trustees, Iron Workers Local No. 25's Iron Workers Defined Contribution Pension Fund Plan reported $196M in total assets and 4,617 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.

95th percentile by assets (of 127,072 plans)
#8,447 in Construction (9,030 peers)

Coverage in Michigan

Iron Workers Defined Contribution Pension Fund Plan covers 4,617 participants in Michigan, 7.2x the typical Michigan plan (state average ~638 per filing). Assets: $196M.

$196M
total plan assets (2023 EOY): 4,617
covered participants: 95th
percentile by assets (of 127,072 plans): $42,354
avg assets per participant

Iron Workers Defined Contribution Pension Fund Plan reported net income rose from $19M in the plan year 2022 filing to $39M in the plan year 2023 filing.
Iron Workers Defined Contribution Pension Fund Plan end-of-year assets rose from $157M in the plan year 2022 filing to $196M in the plan year 2023 filing.
Iron Workers Defined Contribution Pension Fund Plan reported participants fell from 4,767 in the plan year 2022 filing to 4,617 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Iron Workers Defined Contribution Pension Fund Plan reports 4,617 participants - 7.2x that state average ($196M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$157M
Net Assets (End of Year)	$195M
Net Income	$39M
Employer EIN	272392474
Plan Effective Date	2010-03-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees, Iron Workers Local No. 25)

Total plan assets by year, all Board of Trustees, Iron Workers Local No. 25 plans on file

Year	Plans	Participants	Total Assets
2022	1	4,767	$157M
2023	1	4,617	$196M
2024	1	5,319	$232M

Nearby Profit Sharing Plans in Michigan

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

Iron Workers Defined Contribution Pension Fund Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Henry Ford Health System Retirement Savings Plan $1.7B · 14,349
Construction Industry Retirement Fund of Rockford $564M · 10,685
Ohio Carpenters' Annuity Plan $410M · 9,314
Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $288M · 1,404
NECA-IBEW Memphis Retirement Plan $213M · 2,389

Compare Iron Workers Defined Contribution Pensio… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Iron Workers Defined Contribution Pension Fund Plan by total assets, not by location.

Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan (PR) $196M · 751
The Local 7 Tile Industry Annuity Fund (NY) $196M · 1,462
Willamette University Defined Contribution Retirement Plan (OR) $195M · 766
The Richards Group, Inc. Profit Sharing and 401(k) Plan (TX) $194M · 301

Frequently Asked Questions

How did Iron Workers Defined Contribution Pension Fund Plan assets move in 2023? ▼

Iron Workers Defined Contribution Pension Fund Plan grew sharply - up 24.8% during 2023, from $157M to $196M. Reported net income was $39M.

How have Board of Trustees, Iron Workers Local No. 25 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees, Iron Workers Local No. 25's sponsor-wide assets grew 47.9%, from $157M to $232M.

Where does Iron Workers Defined Contribution Pension Fund Plan rank by assets among Form 5500 filers? ▼

Iron Workers Defined Contribution Pension Fund 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 Profit Sharing plans are similar in size to Iron Workers Defined Contribution Pension Fund Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan in PR ($196M, 751 participants).

Next read for Iron Workers Defined Contribution Pensio…

Filing takeaways

Ways to act on Iron Workers Defined Contribution Pension Fund Plan's numbers.

By total assets, Iron Workers Defined Contribution Pension Fund Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
Board of Trustees, Iron Workers Local No. 25's sponsor-wide assets have grown 47.9% 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 272392474.