Defined Benefit (Pension) · DOL Form 5500 · 2023

Northwest Ironworkers Retirement Plan Board of Trustees Pension Plan

Data updated 2026-08-11

$785M
Total assets
3,724
Participants
98th
Percentile by assets
$210,821
Avg per participant
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Official DOL plan name: Northwest Ironworkers Retirement Plan · Sponsored by Northwest Ironworkers Retirement Plan Board of Trustees · Washington · Construction

$785M in assets, 3,724 participants

Northwest Ironworkers Retirement Plan Board of Trustees's Northwest Ironworkers Retirement Plan reported $785M in total assets and 3,724 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #8,878 in Construction (9,030 peers)

Coverage in Washington

Northwest Ironworkers Retirement Plan covers 3,724 participants in Washington, 2.5x the typical Washington plan (state average ~1,476 per filing). Assets: $785M.

$785M
total plan assets (2023 EOY)
3,724
covered participants
98th
percentile by assets (of 127,072 plans)
$210,821
avg assets per participant

Where Northwest Ironworkers Retirement Plan sits by total assets

Northwest Ironworkers Retirement Plan vs every filed plan by assets

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

$785,098,982 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northwest Ironworkers Retirement Plan reported net income rose from $49M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • Northwest Ironworkers Retirement Plan end-of-year assets rose from $708M in the plan year 2022 filing to $785M in the plan year 2023 filing.
  • Northwest Ironworkers Retirement Plan reported participants fell from 3,915 in the plan year 2022 filing to 3,724 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Northwest Ironworkers Retirement Plan reports 3,724 participants - 2.5x that state average ($785M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$708M
Net Assets (End of Year)$778M
Net Income$71M
Employer EIN916123688
Plan Effective Date1963-12-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Ironworkers Retirement Plan Board of Trustees)

$650M$700M$750M$800M$850M$900M 202220232024 $708M $854M ▲ +20.7%
Total plan assets by year, all Northwest Ironworkers Retirement Plan Board of Trustees plans on file
Year Plans Participants Total Assets
2022 1 3,915 $708M
2023 1 3,724 $785M
2024 1 3,350 $854M

Nearby Defined Benefit (Pension) Plans in Washington

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

Northwest Ironworkers Retirement Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Northwest Ironworkers Retirement Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Northwest Ironworker…Western Conference o…The Pension Value Pl…The Boeing Company E…Northwest Carpenters…Locals 302 & 612 of …
Northwest Ironworkers Retirement Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Northwest Ironworkers Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Northwest Ironworkers Retirement Plan assets move in 2023?
Northwest Ironworkers Retirement Plan grew at a solid clip - up 10.9% during 2023, from $708M to $785M. Reported net income was $71M.
How have Northwest Ironworkers Retirement Plan Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwest Ironworkers Retirement Plan Board of Trustees's sponsor-wide assets grew 20.7%, from $708M to $854M.
Where does Northwest Ironworkers Retirement Plan rank by assets among Form 5500 filers?
Northwest Ironworkers Retirement Plan ranks in the 98th 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 Northwest Ironworkers Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Csaa Insurance Group Cash Balance Retirement Plan in CA ($785M, 2,152 participants).

Next read for Northwest Ironworkers Retirement Plan

Filing takeaways

Ways to act on Northwest Ironworkers Retirement Plan's numbers.

  • By total assets, Northwest Ironworkers Retirement Plan 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 Washington. Compare plans
  • Northwest Ironworkers Retirement Plan Board of Trustees's sponsor-wide assets have grown 20.7% since 2022 across 3 plan years on file. More Construction plans