Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Ironworkers Lu No 55 Profit Sharing Profit Sharing Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size: 677
Participants Below avg headcount: 88th
Percentile by assets National rank: $100,457
Avg per participant Below avg balance/head

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Official DOL plan name: Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund · Sponsored by Board of Trustees Ironworkers Lu No 55 Profit Sharing · Ohio · Construction

$68M in assets, 677 participants

Board of Trustees Ironworkers Lu No 55 Profit Sharing's Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund reported $68M in total assets and 677 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

#7,789 in Construction (9,030 peers)

Where Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund sits by assets

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund sits in the top quartile of all filed plans by assets, $68M for 677 participants (~$100,457/participant), up 23.4% in 2023.

#7,789
in Construction (9,030 peers): +23.4%
assets growth YoY: 0.7×
vs typical plan assets (national mean)

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund's outsized position by total assets

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$68,009,221 Top 12% higher than 88% 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

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust 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. Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund sits mid-pack in the medium band (677 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund reported net income rose from $8M in the plan year 2022 filing to $13M in the plan year 2023 filing.
Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund end-of-year assets rose from $55M in the plan year 2022 filing to $68M in the plan year 2023 filing.
Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund reported participants fell from 702 in the plan year 2022 filing to 677 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 341622509 · Board of Trustees Ironworkers Lu No 55 Profit Sharing PY 2023 · Profit Sharing

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund · $68M · 677 · 88th

PCT $68M
EIN 677
RANK 88th
PHOTO Profit Sharing
IND near Strategic Alpha Inc. 401(k) Retirement Plan
EOY ind #7789

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 Construction retirement plans → · Plans in Ohio →

End-of-year total assets ($M) among Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$55M
Net Assets (End of Year)	$68M
Net Income	$13M
Employer EIN	341622509
Plan Effective Date	1989-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Ironworkers Lu No 55 Profit Sharing)

Latest sponsor-wide plan assets: $76M 37.08437106517325% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	702	$55M
2023	1	677	$68M
2024	1	696	$76M

Nearby Profit Sharing Plans in Ohio

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Cleveland Clinic Investment Pension Plan $1.5B · 48,582
Masterbrand, Inc. Retirement Savings Plan $485M · 7,345
The Employer Retirement Savings Plan- Premier Health Partners $228M · 11,923
Three Rivers Annuity Fund $199M · 1,460
Holzer Health System 401a Profit Sharing Plan $175M · 1,779

Compare Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund side-by-side with 3 peers →

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Ohio, the nearest Profit Sharing by assets is Strategic Alpha Inc. 401(k) Retirement Plan in VA ($68M); by covered participants it is Cement Masons and Plasterers Joint Pension Plan in NV (677 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($68M here).

Strategic Alpha Inc. 401(k) Retirement Plan (VA) $68M · 105
Pension Fund for Nursing and Health Care Employees (PA) $67M · 1,808
Upland Hills Health 403(b) Retirement Plan (WI) $67M · 606
Plumbers & Steamfitters Local No. 300 Pension Plan (ND) $67M · 881

Similar participant headcount

Nearest other-state filings by covered participants (677 participants); asset peers above are excluded.

Cement Masons and Plasterers Joint Pension Plan (NV) 677 · 0 off
Employers and Laborers Local 100 & 397 Supplemental Annuity Plan (MO) 677 · 0 off
Proskauer Rose LLP Profit Sharing Plan (NY) 675 · 2 off
Beer Industry - Local Union No. 703 Individual Account Plan (IL) 674 · 3 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund assets move in 2023? ▼

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund grew sharply - up 23.4% during 2023, from $55M to $68M. Reported net income was $13M.

How have Board of Trustees Ironworkers Lu No 55 Profit Sharing plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Ironworkers Lu No 55 Profit Sharing's sponsor-wide assets grew 37.1%, from $55M to $76M.

Where does Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund rank by assets among Form 5500 filers? ▼

Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Strategic Alpha Inc. 401(k) Retirement Plan in VA ($68M, 105 participants).

Which Profit Sharing plans cover a similar participant headcount to Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund? ▼

Among Profit Sharing plans in other states, the closest by covered participants is Cement Masons and Plasterers Joint Pension Plan in NV (677 participants, $86M in assets).

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 341622509.