Defined Benefit (Pension) · DOL Form 5500 · 2023

Ironworkers Local 11 Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-11

$376M
Total assets: 1,159
Participants: 97th
Percentile by assets: $324,396
Avg per participant

Official DOL plan name: Ironworkers Local 11 Pension Fund · Sponsored by Ironworkers Local 11 Pension Fund Board of Trustees · New Jersey · Construction

$376M in assets, 1,159 participants

Ironworkers Local 11 Pension Fund Board of Trustees's Ironworkers Local 11 Pension Fund reported $376M in total assets and 1,159 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#8,691 in Construction (9,030 peers)

Where Ironworkers Local 11 Pension Fund sits by assets

Ironworkers Local 11 Pension Fund sits in the top 5% of all filed plans by assets, $376M for 1,159 participants (~$324,396/participant), up 2.9% in 2023.

$376M
total plan assets (2023 EOY): 1,159
covered participants: 97th
percentile by assets (of 127,072 plans): $324,396
avg assets per participant

Ironworkers Local 11 Pension Fund reported net income rose from $4M in the plan year 2022 filing to $12M in the plan year 2023 filing.
Ironworkers Local 11 Pension Fund end-of-year assets rose from $365M in the plan year 2022 filing to $376M in the plan year 2023 filing.
Ironworkers Local 11 Pension Fund reported participants rose from 1,139 in the plan year 2022 filing to 1,159 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Construction

Ironworkers Local 11 Pension Fund vs the 2023 asset distribution

By assets, Ironworkers Local 11 Pension Fund outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$365M
Net Assets (End of Year)	$376M
Net Income	$12M
Employer EIN	226243387
Plan Effective Date	1953-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Ironworkers Local 11 Pension Fund Board of Trustees)

Total plan assets by year, all Ironworkers Local 11 Pension Fund Board of Trustees plans on file

Year	Plans	Participants	Total Assets
2022	1	1,139	$365M
2023	1	1,159	$376M
2024	1	1,148	$398M

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Ironworkers Local 11 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Retirement Plan of Johnson and Johnson $21.2B · 37,749
JPMorgan Chase Retirement Plan $16.3B · 90,644
Nokia Retirement Income Plan $13.9B · 7,492
The Prudential Merged Retirement Plan $12.2B · 16,230
Verizon Pension Plan for Associates $10.9B · 23,778

Compare Ironworkers Local 11 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ironworkers Local 11 Pension Fund by total assets, not by location.

Kaiser Permanente Physicians and Employees Retirement Plan (CA) $376M · 1,185
Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund (IL) $376M · 1,118
Local Union 786 Building Material Pension Fund (IL) $376M · 1,031
Foster Farms Group Pension Plan (CA) $375M · 2,691

Frequently Asked Questions

How did Ironworkers Local 11 Pension Fund assets move in 2023? ▼

Ironworkers Local 11 Pension Fund edged up modestly - up 2.9% during 2023, from $365M to $376M. Reported net income was $12M.

How have Ironworkers Local 11 Pension Fund Board of Trustees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Ironworkers Local 11 Pension Fund Board of Trustees's sponsor-wide assets grew 9.1%, from $365M to $398M.

Where does Ironworkers Local 11 Pension Fund rank by assets among Form 5500 filers? ▼

Ironworkers Local 11 Pension Fund ranks in the 97th 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 Ironworkers Local 11 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Kaiser Permanente Physicians and Employees Retirement Plan in CA ($376M, 1,185 participants).

Next read for Ironworkers Local 11 Pension Fund

Scale reading

Ways to act on Ironworkers Local 11 Pension Fund's numbers.

By total assets, Ironworkers Local 11 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 New Jersey. Compare plans
Ironworkers Local 11 Pension Fund Board of Trustees's sponsor-wide assets have grown 9.1% 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 226243387.