Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees Atlanta Ironworkers Local 387 Pension Pl Pension Plan
Data updated 2026-08-25
- $129M
- Total assets Near avg plan size
- 574
- Participants Below avg headcount
- 93rd
- Percentile by assets National rank
- $224,329
- Avg per participant Above avg balance/head
Official DOL plan name: Atlanta Ironworkers Local #387 Pension Plan · Sponsored by Board of Trustees Atlanta Ironworkers Local 387 Pension Pl · Tennessee · Finance & Insurance
$129M in assets, 574 participants
Board of Trustees Atlanta Ironworkers Local 387 Pension Pl's Atlanta Ironworkers Local #387 Pension Plan reported $129M in total assets and 574 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- #7,873 in Finance & Insurance (8,869 peers)
Where Atlanta Ironworkers Local #387 Pension Plan sits by assets
Atlanta Ironworkers Local #387 Pension Plan sits in the top 10% of all filed plans by assets, $129M for 574 participants (~$224,329/participant), up 4.0% in 2023.
- #7,873
- in Finance & Insurance (8,869 peers)
- +4.0%
- assets growth YoY
- 1.3×
- vs typical plan assets (national mean)
Atlanta Ironworkers Local #387 Pension Plan's outsized position by total assets
Atlanta Ironworkers Local #387 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$128,764,852 Top 7% higher than 93% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Atlanta Ironworkers Local #387 Pension Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Atlanta Ironworkers Local #387 Pension Plan sits mid-pack in the medium band (574 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Atlanta Ironworkers Local #387 Pension Plan reported net income rose from -$20M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Atlanta Ironworkers Local #387 Pension Plan reported participants fell from 658 in the plan year 2022 filing to 574 in the plan year 2023 filing.
- Atlanta Ironworkers Local #387 Pension Plan end-of-year assets rose from $124M in the plan year 2022 filing to $129M in the plan year 2023 filing.
DOL schedule card
Filing strip 586051152 · Board of Trustees Atlanta Ironworkers Local 387 Pension Pl PY 2023 · Defined Benefit (Pension)
Atlanta Ironworkers Local #387 Pension Plan · $129M · 574 · 93rd
- SCH $129M
- EBSA 574
- PART 93rd
- TYPE Defined Benefit (Pension)
- NET near West Valley Pension Plan
- BOOK ind #7873
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 Finance & Insurance retirement plans → · Plans in Tennessee →
Atlanta Ironworkers Local #387 Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $124M |
|---|---|
| Net Assets (End of Year) | $126M |
| Net Income | $5M |
| Employer EIN | 586051152 |
| Plan Effective Date | 1966-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Atlanta Ironworkers Local 387 Pension Pl)
Sponsor-wide plan assets over time
All Board of Trustees Atlanta Ironworkers Local 387 Pension Pl plans reported in each filing year
- Latest sponsor-wide plan assets
- $136M 9.468044470819239% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 658 | $124M |
| 2023 | 1 | 574 | $129M |
| 2024 | 1 | 723 | $136M |
Nearby Defined Benefit (Pension) Plans in Tennessee
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Fedex Corporation Employees' Pension Plan $26.6B · 139,031
- Retirement Plan of International Paper Company $8.8B · 20,164
- Pace Industry Union-Management Pension Fund $2.7B · 3,192
- Pension Plan for Employees at Ornl $2.5B · 5,801
- Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee $2.1B · 2,710
Atlanta Ironworkers Local #387 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Tennessee, the nearest Defined Benefit (Pension) by assets is West Valley Pension Plan in NY ($129M); by covered participants it is Liberty Bank Pension Plan in CT (573 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($129M here).
- West Valley Pension Plan (NY) $129M · 111
- U.a. Local Union No. 322 Pension Plan (NJ) $128M · 587
- Paper Products, Misc. Chauffeurs, Warehousemen, Helpers, Messengers, Production & Office Workers Pension Fund (NY) $128M · 474
- Conagra Brands Inc. Jointly Administered Grain Millers Pension Plan (IL) $128M · 848
Similar participant headcount
Nearest other-state filings by covered participants (574 participants); asset peers above are excluded.
- Liberty Bank Pension Plan (CT) 573 · 1 off
- Webster Bank Pension Plan (NY) 575 · 1 off
- International Brotherhood of Electrical Workers Local Union No. 252 Pension Plan (MI) 573 · 1 off
- Te Connectivity Legacy Pension Plan (PA) 573 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.