California Iron Workers Field Defined Contribution Pension Trust Fund

Money Purchase · DOL Form 5500 · 2023

What the Filing Says About California Iron Workers Field Defined Contribution Pension Trust Fund

California Iron Workers Field Defined Contribution Pension Trust Fund is a Money Purchase retirement plan sponsored by Board of Trustees, California Iron Workers Field Defined Contribution, headquartered in California. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $1.2B in total end-of-year assets and covers 15,271 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 953304279, and the plan has been effective since 1978-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $1.0B at the beginning of 2023 to $1.2B at year-end - up 18.4%. Net assets (after liabilities) closed the year at $1.2B, with reported net income of $186M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years Board of Trustees, California Iron Workers Field Defined Contribution has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $1.0B to $1.2B, a gain of 18.4%, while reported participants moved from 9,087 to 15,271 (+68.1%). Year-by-year, sponsor-wide filings show: 2022 - $1.0B in assets across 1 plan covering 9,087 participants; 2023 - $1.2B in assets across 1 plan covering 15,271 participants.

By assets, California Iron Workers Field Defined Contribution Pension Trust Fund outranks 99% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 12x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank California Iron Workers Field Defined Contribution Pension Trust Fund against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.