Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees, Iron Workers Local No. 25 Pension Plan

Data updated 2026-08-25

$555M
Total assets Above avg plan size
1,794
Participants Near avg headcount
98th
Percentile by assets National rank
$309,520
Avg per participant High balance/head
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Official DOL plan name: Iron Workers' Local No. 25 Pension Fund · Sponsored by Board of Trustees, Iron Workers Local No. 25 · Michigan · Construction

$555M in assets, 1,794 participants

Board of Trustees, Iron Workers Local No. 25's Iron Workers' Local No. 25 Pension Fund reported $555M in total assets and 1,794 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,802 in Construction (9,030 peers)

Coverage in Michigan

Iron Workers' Local No. 25 Pension Fund covers 1,794 participants in Michigan, 2.8x the typical Michigan plan (state average ~638 per filing). Assets: $555M.

#8,802
in Construction (9,030 peers)
+0.0%
assets growth YoY
5.6×
vs typical plan assets (national mean)

Iron Workers' Local No. 25 Pension Fund's outsized position by total assets

Iron Workers' Local No. 25 Pension Fund vs every filed plan by assets

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

$555,279,532 Top 2% higher than 98% 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 No. 25 Pension Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iron Workers' Local No. 25 Pension Fund lands in the large band (1,794 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iron Workers' Local No. 25 Pension Fund reported net income rose from -$19M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Iron Workers' Local No. 25 Pension Fund reported participants rose from 1,766 in the plan year 2022 filing to 1,794 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 386056780 · Board of Trustees, Iron Workers Local No. 25 PY 2023 · Defined Benefit (Pension)

Iron Workers' Local No. 25 Pension Fund · $555M · 1,794 · 98th

  • EIN $555M
  • RANK 1,794
  • PHOTO 98th
  • IND Defined Benefit (Pension)
  • EOY near Retirement Plan for Employees of United Jewish
  • 5500 ind #8802

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 Michigan →

Iron Workers' Local No. 25 Pension Fund in the asset neighbourhood

West Virginia Laborers Pension Trust FundWest Virginia Laborers Pensi…$556MRetirement Plan for Employees of United JewishRetirement Plan for Employee…$555MIron Workers' Local No. 25 Pension FundIron Workers' Local No. 25 P…$555MInternational Brotherhood of Electrical Workers Local Union 98 Pension PlanInternational Brotherhood of…$555M1199seiu Home Care Employees Pension Fund1199seiu Home Care Employees…$554M
End-of-year total assets ($M) among Iron Workers' Local No. 25 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$555M
Net Assets (End of Year)$553M
Net Income$8M
Employer EIN386056780
Plan Effective Date1956-05-08
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees, Iron Workers Local No. 25 plans reported in each filing year

Latest sponsor-wide plan assets
$565M 1.7655803573201427% vs 2022
2024 filing year
$550M$555M$560M$565M$570M 202220232024 $555M $565M ▲ +1.8%
Year Plans Participants Total Assets
2022 1 1,766 $555M
2023 1 1,794 $555M
2024 1 1,839 $565M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Iron Workers' Local No. 25 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Iron Workers' Local No. 25 Pension Fund, Total assets ($B): 0.555279532 · Participants: 1794Iron Workers' Local No. 25 Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Iron Workers' Local No. 25 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Iron Workers' Local No. 25 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of United Jewish in NY ($555M); by covered participants it is Long Island Electric Utility Servco LLC Retirement Income Plan in NY (1,794 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,794 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 No. 25 Pension Fund assets move in 2023? ▼
Iron Workers' Local No. 25 Pension Fund held essentially flat - up 0.0% during 2023, from $555M to $555M. Reported net income was $8M.
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 1.8%, from $555M to $565M.
Where does Iron Workers' Local No. 25 Pension Fund rank by assets among Form 5500 filers? ▼
Iron Workers' Local No. 25 Pension Fund ranks in the 98th 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 Iron Workers' Local No. 25 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of United Jewish in NY ($555M, 5,310 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers' Local No. 25 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Long Island Electric Utility Servco LLC Retirement Income Plan in NY (1,794 participants, $458M in assets).