401(k) · DOL Form 5500 · 2023

Board of Trustees Iron Workers' Locals No.15 & 424 401(k) Plan

Data updated 2026-08-11

$75M
Total assets
1,231
Participants
89th
Percentile by assets
$61,266
Avg per participant
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Official DOL plan name: Iron Workers' Locals No. 15 & 424 Annuity Plan · Sponsored by Board of Trustees Iron Workers' Locals No.15 & 424 · Connecticut · Construction

$75M in assets, 1,231 participants

Board of Trustees Iron Workers' Locals No.15 & 424's Iron Workers' Locals No. 15 & 424 Annuity Plan reported $75M in total assets and 1,231 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #7,875 in Construction (9,030 peers)

Where Iron Workers' Locals No. 15 & 424 Annuity Plan sits by assets

Iron Workers' Locals No. 15 & 424 Annuity Plan sits in the top quartile of all filed plans by assets, $75M for 1,231 participants (~$61,266/participant), up 5.5% in 2023.

$75M
total plan assets (2023 EOY)
1,231
covered participants
89th
percentile by assets (of 127,072 plans)
$61,266
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iron Workers' Locals No. 15 & 424 Annuity Plan reported net income rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Iron Workers' Locals No. 15 & 424 Annuity Plan end-of-year assets rose from $71M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Iron Workers' Locals No. 15 & 424 Annuity Plan reported participants fell from 1,273 in the plan year 2022 filing to 1,231 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Connecticut
Industry
Construction

Iron Workers' Locals No. 15 & 424 Annuity Plan vs the 2023 asset distribution

By assets, Iron Workers' Locals No. 15 & 424 Annuity Plan outranks 89% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$75M
Net Income$4M
Employer EIN061074625
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers' Locals No.15 & 424)

$70M$75M$80M$85M 202220232024 $71.5M $79.7M ▲ +11.4%
Total plan assets by year, all Board of Trustees Iron Workers' Locals No.15 & 424 plans on file
Year Plans Participants Total Assets
2022 1 1,273 $71M
2023 1 1,231 $75M
2024 1 3,470 $80M

Nearby 401(k) Plans in Connecticut

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Iron Workers' Locals No. 15 & 424 Annuity Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Iron Workers' Locals No. 15 & 424 Annuity Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Iron Workers' Locals…Rtx Savings PlanCiti Retirement Savi…The Hartford Investm…Xerox Corporation Sa…Eversource 401(k) Plan
Iron Workers' Locals No. 15 & 424 Annuity Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Iron Workers' Locals No. 15 & 424 Annuit… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Iron Workers' Locals No. 15 & 424 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Iron Workers' Locals No. 15 & 424 Annuity Plan assets move in 2023? ▼
Iron Workers' Locals No. 15 & 424 Annuity Plan grew at a solid clip - up 5.5% during 2023, from $71M to $75M. Reported net income was $4M.
How have Board of Trustees Iron Workers' Locals No.15 & 424 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers' Locals No.15 & 424's sponsor-wide assets grew 11.4%, from $71M to $80M.
Where does Iron Workers' Locals No. 15 & 424 Annuity Plan rank by assets among Form 5500 filers? ▼
Iron Workers' Locals No. 15 & 424 Annuity Plan ranks in the 89th 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 401(k) plans are similar in size to Iron Workers' Locals No. 15 & 424 Annuity Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sukup Manufacturing Company 401(k) Profit Sharing Plan in IA ($75M, 699 participants).

Next read for Iron Workers' Locals No. 15 & 424 Annuit…

Scale reading

Ways to act on Iron Workers' Locals No. 15 & 424 Annuity Plan's numbers.

  • By total assets, Iron Workers' Locals No. 15 & 424 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
  • Board of Trustees Iron Workers' Locals No.15 & 424's sponsor-wide assets have grown 11.4% 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 061074625.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.