Profit Sharing · DOL Form 5500 · 2023
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $28M
- Total assets Below avg plan size
- 426
- Participants Below avg headcount
- 78th
- Percentile by assets National rank
- $64,924
- Avg per participant Low balance/head
Official DOL plan name: Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund · Sponsored by Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund · Pennsylvania · Finance & Insurance
$28M in assets, 426 participants
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund reported $28M in total assets and 426 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.
- #5,895 in Finance & Insurance (8,869 peers)
Where Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund sits by assets
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund sits in the top quartile of all filed plans by assets, $28M for 426 participants (~$64,924/participant), up 0.9% in 2023.
- #5,895
- in Finance & Insurance (8,869 peers)
- +0.9%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's outsized position by total assets
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$27,657,818 Top 22% higher than 78% 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
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund 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. Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund sits mid-pack in the medium band (426 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund reported net income fell from $2M in the plan year 2022 filing to $292K in the plan year 2023 filing.
- Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund reported participants rose from 393 in the plan year 2022 filing to 426 in the plan year 2023 filing.
- Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund end-of-year assets rose from $27M in the plan year 2022 filing to $28M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 232041188 · Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund PY 2023 · Profit Sharing
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund · $28M · 426 · 78th
- ASSETS $28M
- PCT 426
- EIN 78th
- RANK Profit Sharing
- PHOTO near Burr and Burton Academy 403(b)Plan
- IND ind #5895
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 Pennsylvania →
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $27M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | $292K |
| Employer EIN | 232041188 |
| Plan Effective Date | 1983-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund)
Sponsor-wide plan assets over time
All Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $28M 3.3296311733784765% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 393 | $27M |
| 2023 | 1 | 426 | $28M |
| 2024 | 1 | 372 | $28M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside Pennsylvania, the nearest Profit Sharing by assets is Burr and Burton Academy 403(b)Plan in VT ($28M); by covered participants it is Insulators Local 96 Supplemental Pension Plan in TN (426 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($28M here).
- Burr and Burton Academy 403(b)Plan (VT) $28M · 174
- Reit Management Corp. Profit Sharing Plan (NY) $28M · 15
- Marana Health Center, Inc. 403b Plan (AZ) $28M · 725
- Plan De Retiro 1081.01(D) Del Hospital General Menonita (PR) $28M · 4,610
Similar participant headcount
Nearest other-state filings by covered participants (426 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.