Profit Sharing · DOL Form 5500 · 2023

Board of Trustees-Local 63 Defined Contribution Pension Fund Profit Sharing Plan

Data updated 2026-08-11

$320M
Total assets
2,038
Participants
96th
Percentile by assets
$156,915
Avg per participant
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Official DOL plan name: Arch. Ironworkers Local 63 DC Pension Trust · Sponsored by Board of Trustees-Local 63 Defined Contribution Pension Fund · Illinois · Construction

$320M in assets, 2,038 participants

Board of Trustees-Local 63 Defined Contribution Pension Fund's Arch. Ironworkers Local 63 DC Pension Trust reported $320M in total assets and 2,038 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,642 in Construction (9,030 peers)

Coverage in Illinois

Arch. Ironworkers Local 63 DC Pension Trust covers 2,038 participants in Illinois, 2.6x the typical Illinois plan (state average ~779 per filing). Assets: $320M.

$320M
total plan assets (2023 EOY)
2,038
covered participants
96th
percentile by assets (of 127,072 plans)
$156,915
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Arch. Ironworkers Local 63 DC Pension Trust reported net income rose from -$648K in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Arch. Ironworkers Local 63 DC Pension Trust end-of-year assets rose from $285M in the plan year 2022 filing to $320M in the plan year 2023 filing.
  • Arch. Ironworkers Local 63 DC Pension Trust reported participants rose from 1,993 in the plan year 2022 filing to 2,038 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Arch. Ironworkers Local 63 DC Pension Trust reports 2,038 participants - 2.6x that state average ($320M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$285M
Net Assets (End of Year)$320M
Net Income$35M
Employer EIN363519910
Plan Effective Date1987-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees-Local 63 Defined Contribution Pension Fund)

$260M$280M$300M$320M$340M$360M 202220232024 $285M $338M ▲ +18.7%
Total plan assets by year, all Board of Trustees-Local 63 Defined Contribution Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 1,993 $285M
2023 1 2,038 $320M
2024 1 2,127 $338M

Nearby Profit Sharing Plans in Illinois

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

Arch. Ironworkers Local 63 DC Pension Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Arch. Ironworkers Local 63 DC Pension Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 01234 Total assets ($B) Participants Arch. Ironworkers Lo…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Carle Foundation Hos…
Arch. Ironworkers Local 63 DC Pension Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Arch. Ironworkers Local 63 DC Pension Trust by total assets, not by location.

Frequently Asked Questions

How did Arch. Ironworkers Local 63 DC Pension Trust assets move in 2023?
Arch. Ironworkers Local 63 DC Pension Trust grew at a solid clip - up 12.2% during 2023, from $285M to $320M. Reported net income was $35M.
How have Board of Trustees-Local 63 Defined Contribution Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees-Local 63 Defined Contribution Pension Fund's sponsor-wide assets grew 18.7%, from $285M to $338M.
Where does Arch. Ironworkers Local 63 DC Pension Trust rank by assets among Form 5500 filers?
Arch. Ironworkers Local 63 DC Pension Trust ranks in the 96th 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 Arch. Ironworkers Local 63 DC Pension Trust?
Among Profit Sharing plans in other states, the closest by assets is Dyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment Plan in UT ($320M, 2,460 participants).

Next read for Arch. Ironworkers Local 63 DC Pension Tr…

Filing takeaways

Ways to act on Arch. Ironworkers Local 63 DC Pension Trust's numbers.

  • By total assets, Arch. Ironworkers Local 63 DC Pension Trust 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 Illinois. Compare plans
  • Board of Trustees-Local 63 Defined Contribution Pension Fund's sponsor-wide assets have grown 18.7% since 2022 across 3 plan years on file. More Construction plans