Money Purchase · DOL Form 5500 · 2023

Iron Workers Local 399 Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$122M
Total assets
1,767
Participants
92nd
Percentile by assets
$69,203
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Iron Workers Local 399 Annuity Fund · Sponsored by Iron Workers Local 399 Annuity Fund · New Jersey · Finance & Insurance

$122M in assets, 1,767 participants

Iron Workers Local 399 Annuity Fund's Iron Workers Local 399 Annuity Fund reported $122M in total assets and 1,767 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #7,842 in Finance & Insurance (8,869 peers)

Coverage in New Jersey

Iron Workers Local 399 Annuity Fund covers 1,767 participants in New Jersey, 2.1x the typical New Jersey plan (state average ~844 per filing). Assets: $122M.

$122M
total plan assets (2023 EOY)
1,767
covered participants
92nd
percentile by assets (of 127,072 plans)
$69,203
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iron Workers Local 399 Annuity Fund reported net income rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Iron Workers Local 399 Annuity Fund end-of-year assets rose from $117M in the plan year 2022 filing to $122M in the plan year 2023 filing.
  • Iron Workers Local 399 Annuity Fund reported participants rose from 1,690 in the plan year 2022 filing to 1,767 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Iron Workers Local 399 Annuity Fund reports 1,767 participants - 2.1x that state average ($122M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$117M
Net Assets (End of Year)$122M
Net Income$6M
Employer EIN222563067
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Workers Local 399 Annuity Fund)

$115M$120M$125M$130M$135M$140M 202220232024 $117M $133M ▲ +14.1%
Total plan assets by year, all Iron Workers Local 399 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 1,690 $117M
2023 1 1,767 $122M
2024 1 1,711 $133M

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Iron Workers Local 399 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Iron Workers Local 399 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0100020003000400050006000 02004006008001000 Total assets ($M) Participants Iron Workers Local 3…Local 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…Plumbers & Pipefitte…
Iron Workers Local 399 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Iron Workers Local 399 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Iron Workers Local 399 Annuity Fund assets move in 2023?
Iron Workers Local 399 Annuity Fund edged up modestly - up 4.6% during 2023, from $117M to $122M. Reported net income was $6M.
How have Iron Workers Local 399 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Iron Workers Local 399 Annuity Fund's sponsor-wide assets grew 14.1%, from $117M to $133M.
Where does Iron Workers Local 399 Annuity Fund rank by assets among Form 5500 filers?
Iron Workers Local 399 Annuity Fund ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Iron Workers Local 399 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Central Texas College Employees Pension Plan and Trust in TX ($122M, 617 participants).

Next read for Iron Workers Local 399 Annuity Fund

Filing takeaways

Ways to act on Iron Workers Local 399 Annuity Fund's numbers.