Defined Benefit (Pension) · DOL Form 5500 · 2023

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

Data updated 2026-08-11

$555M
Total assets: 1,794
Participants: 98th
Percentile by assets: $309,520
Avg per participant

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.

98th percentile by assets (of 127,072 plans)
#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.

$555M
total plan assets (2023 EOY): 1,794
covered participants: 98th
percentile by assets (of 127,072 plans): $309,520
avg assets per participant

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 →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Iron Workers' Local No. 25 Pension Fund reports 1,794 participants - 2.8x that state average ($555M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$555M
Net Assets (End of Year)	$553M
Net Income	$8M
Employer EIN	386056780
Plan Effective Date	1956-05-08
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	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

General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
Ford Motor Company UAW Retirement Plan $19.3B · 26,442
Ford Motor Company General Retirement Plan $12.7B · 10,215
Dow Employees' Pension Plan $11.5B · 14,051
Fca US LLC UAW Pension Agreement $11.2B · 13,635

Compare Iron Workers' Local No. 25 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Iron Workers' Local No. 25 Pension Fund by total assets, not by location.

Retirement Plan for Employees of United Jewish (NY) $555M · 5,310
West Virginia Laborers Pension Trust Fund (WV) $556M · 1,965
International Brotherhood of Electrical Workers Local Union 98 Pension Plan (PA) $555M · 2,487
1199seiu Home Care Employees Pension Fund (NY) $554M · 34,420

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).

Next read for Iron Workers' Local No. 25 Pension Fund

Filing takeaways

Ways to act on Iron Workers' Local No. 25 Pension Fund's numbers.

By total assets, Iron Workers' Local No. 25 Pension Fund 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 Michigan. Compare plans
Board of Trustees, Iron Workers Local No. 25's sponsor-wide assets have grown 1.8% 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 386056780.