Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees-Iron Workers' Locals No. 15 & 424 Pension Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
473
Participants Below avg headcount
90th
Percentile by assets National rank
$172,361
Avg per participant Above avg balance/head
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Official DOL plan name: Iron Workers' Locals No. 15 & 424 Pension Plan · Sponsored by Board of Trustees-Iron Workers' Locals No. 15 & 424 · Connecticut · Construction

$82M in assets, 473 participants

Board of Trustees-Iron Workers' Locals No. 15 & 424's Iron Workers' Locals No. 15 & 424 Pension Plan reported $82M in total assets and 473 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,941 in Construction (9,030 peers)

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

Iron Workers' Locals No. 15 & 424 Pension Plan sits in the top 10% of all filed plans by assets, $82M for 473 participants (~$172,361/participant), up 9.3% in 2023.

#7,941
in Construction (9,030 peers)
+9.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Iron Workers' Locals No. 15 & 424 Pension Plan's outsized position by total assets

Iron Workers' Locals No. 15 & 424 Pension Plan vs every filed plan by assets

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

$81,526,608 Top 10% higher than 90% of 127,068 filed plans

This plan $0 $2,050,000,000 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

Iron Workers' Locals No. 15 & 424 Pension Plan 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' Locals No. 15 & 424 Pension Plan sits mid-pack in the medium band (473 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iron Workers' Locals No. 15 & 424 Pension Plan reported net income rose from $3M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Iron Workers' Locals No. 15 & 424 Pension Plan end-of-year assets rose from $75M in the plan year 2022 filing to $82M in the plan year 2023 filing.
  • Iron Workers' Locals No. 15 & 424 Pension Plan reported participants fell from 493 in the plan year 2022 filing to 473 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 066077019 · Board of Trustees-Iron Workers' Locals No. 15 & 424 PY 2023 · Defined Benefit (Pension)

Iron Workers' Locals No. 15 & 424 Pension Plan · $82M · 473 · 90th

  • BOY $82M
  • BOY 473
  • BOY 90th
  • BOY Defined Benefit (Pension)
  • BOY near Outstate Michigan Trowel Trades Pension Fund
  • BOY ind #7941

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 Connecticut →

Iron Workers' Locals No. 15 & 424 Pension Plan in the asset neighbourhood

Datascope Corp. Pension Plan$82MOutstate Michigan Trowel Trades Pension FundOutstate Michigan Trowel Tra…$82MIron Workers' Locals No. 15 & 424 Pension PlanIron Workers' Locals No. 15 …$82MLatrobe Steel Company Pension Plan for Bargaining Unit EmployeesLatrobe Steel Company Pensio…$82MEmployees Pension Plan for Sharon Tube CompanyEmployees Pension Plan for S…$81M
End-of-year total assets ($M) among Iron Workers' Locals No. 15 & 424 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$81M
Net Income$7M
Employer EIN066077019
Plan Effective Date1956-07-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees-Iron Workers' Locals No. 15 & 424 plans reported in each filing year

Latest sponsor-wide plan assets
$88M 18.323055649299757% vs 2022
2024 filing year
$70M$75M$80M$85M$90M 202220232024 $74.6M $88.2M ▲ +18.3%
Year Plans Participants Total Assets
2022 1 493 $75M
2023 1 473 $82M
2024 1 462 $88M

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Iron Workers' Locals No. 15 & 424 Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Iron Workers' Locals No. 15 & 424 Pension Plan, Total assets ($B): 0.081526608 · Participants: 473Iron Workers' Locals No. 15 & 424 Pension PlanRtx Consolidated Pension Plan, Total assets ($B): 43.752088232 · Participants: 23823Rtx Consolidated Pension PlanThe Citigroup Pension Plan, Total assets ($B): 10.610367002 · Participants: 17283The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.8761342 · Participants: 3717Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.40003759 · Participants: 10546Retirement Plan for Employees of Aetna Inc.The Hartford Retirement Plan for U.S. Employees, Total assets ($B): 3.580099386 · Participants: 7529The Hartford Retirement Plan for U.S. Employees
Iron Workers' Locals No. 15 & 424 Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants
Compare Iron Workers' Locals No. 15 & 424 Pension Plan side-by-side with 3 peers →

Iron Workers' Locals No. 15 & 424 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Outstate Michigan Trowel Trades Pension Fund in MI ($82M); by covered participants it is B&g Foods Pension Plan in NJ (473 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (473 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.

Frequently Asked Questions

How did Iron Workers' Locals No. 15 & 424 Pension Plan assets move in 2023? ▼
Iron Workers' Locals No. 15 & 424 Pension Plan grew at a solid clip - up 9.3% during 2023, from $75M to $82M. Reported net income was $7M.
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 18.3%, from $75M to $88M.
Where does Iron Workers' Locals No. 15 & 424 Pension Plan rank by assets among Form 5500 filers? ▼
Iron Workers' Locals No. 15 & 424 Pension Plan ranks in the 90th 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 Defined Benefit (Pension) plans are similar in size to Iron Workers' Locals No. 15 & 424 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Outstate Michigan Trowel Trades Pension Fund in MI ($82M, 520 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers' Locals No. 15 & 424 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is B&g Foods Pension Plan in NJ (473 participants, $82M 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 066077019.

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.