Profit Sharing · DOL Form 5500 · 2023
Board of Trustees of Iron Workers Local 17 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $89M
- Total assets
- 1,160
- Participants
- 90th
- Percentile by assets
- $76,703
- Avg per participant
Official DOL plan name: Iron Workers Local 17 Annuity Fund · Sponsored by Board of Trustees of Iron Workers Local 17 Annuity Fund · Michigan · Construction
$89M in assets, 1,160 participants
Board of Trustees of Iron Workers Local 17 Annuity Fund's Iron Workers Local 17 Annuity Fund reported $89M in total assets and 1,160 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 127,072 plans)
- #8,008 in Construction (9,030 peers)
Where Iron Workers Local 17 Annuity Fund sits by assets
Iron Workers Local 17 Annuity Fund sits in the top 10% of all filed plans by assets, $89M for 1,160 participants (~$76,703/participant), up 17.3% in 2023.
- $89M
- total plan assets (2023 EOY)
- 1,160
- covered participants
- 90th
- percentile by assets (of 127,072 plans)
- $76,703
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Iron Workers Local 17 Annuity Fund reported net income rose from $4M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Iron Workers Local 17 Annuity Fund reported participants rose from 975 in the plan year 2022 filing to 1,160 in the plan year 2023 filing.
- Iron Workers Local 17 Annuity Fund end-of-year assets rose from $76M in the plan year 2022 filing to $89M in the plan year 2023 filing.
Iron Workers Local 17 Annuity Fund vs the 2023 asset distribution
By assets, Iron Workers Local 17 Annuity Fund outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $76M |
|---|---|
| Net Assets (End of Year) | $89M |
| Net Income | $13M |
| Employer EIN | 341290643 |
| Plan Effective Date | 1971-12-20 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Iron Workers Local 17 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 975 | $76M |
| 2023 | 1 | 1,160 | $89M |
| 2024 | 1 | 1,290 | $101M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Iron Workers Local 17 Annuity Fund vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.7B · 14,349
- Construction Industry Retirement Fund of Rockford $564M · 10,685
- Ohio Carpenters' Annuity Plan $410M · 9,314
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $288M · 1,404
- NECA-IBEW Memphis Retirement Plan $213M · 2,389
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Iron Workers Local 17 Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did Iron Workers Local 17 Annuity Fund assets move in 2023? ▼
How have Board of Trustees of Iron Workers Local 17 Annuity Fund plan assets changed over time? ▼
Where does Iron Workers Local 17 Annuity Fund rank by assets among Form 5500 filers? ▼
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Next read for Iron Workers Local 17 Annuity Fund
Scale reading
Ways to act on Iron Workers Local 17 Annuity Fund's numbers.
- By total assets, Iron Workers Local 17 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Board of Trustees of Iron Workers Local 17 Annuity Fund's sponsor-wide assets have grown 33.1% since 2022 across 3 plan years on file. More Construction plans