Defined Benefit (Pension) · DOL Form 5500 · 2023

Des Moines Iron Workers Pension Trust Board of Trustees Pension Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
260
Participants Below avg headcount
89th
Percentile by assets National rank
$288,969
Avg per participant High balance/head
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Official DOL plan name: Des Moines Iron Workers Pension Trust · Sponsored by Des Moines Iron Workers Pension Trust Board of Trustees · Iowa · Construction

$75M in assets, 260 participants

Des Moines Iron Workers Pension Trust Board of Trustees's Des Moines Iron Workers Pension Trust reported $75M in total assets and 260 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.

  • #7,873 in Construction (9,030 peers)

Coverage in Iowa

Des Moines Iron Workers Pension Trust covers 260 participants in Iowa, about 43% of the average Iowa filer (state average ~609 per filing). Assets: $75M.

#7,873
in Construction (9,030 peers)
+14.8%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Des Moines Iron Workers Pension Trust's outsized position by total assets

Des Moines Iron Workers Pension Trust vs every filed plan by assets

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

$75,131,979 Top 11% higher than 89% 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

Des Moines Iron Workers Pension Trust 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. Des Moines Iron Workers Pension Trust sits mid-pack in the medium band (260 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Des Moines Iron Workers Pension Trust reported net income rose from $4M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Des Moines Iron Workers Pension Trust end-of-year assets rose from $65M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Des Moines Iron Workers Pension Trust reported participants fell from 276 in the plan year 2022 filing to 260 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 426242674 · Des Moines Iron Workers Pension Trust Board of Trustees PY 2023 · Defined Benefit (Pension)

Des Moines Iron Workers Pension Trust · $75M · 260 · 89th

  • BOOK $75M
  • VS-ST 260
  • BOY 89th
  • SCH Defined Benefit (Pension)
  • EBSA near Liquor Salesmen's Union Local 2 Pension Fund
  • PART ind #7873

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 Iowa →

Des Moines Iron Workers Pension Trust in the asset neighbourhood

Sbera Pension Plan as Adopted by Salem Five Cents Savings BankSbera Pension Plan as Adopte…$75MTeamsters Local 11 Pension FundTeamsters Local 11 Pension F…$75MLiquor Salesmen's Union Local 2 Pension FundLiquor Salesmen's Union Loca…$75MDes Moines Iron Workers Pension TrustDes Moines Iron Workers Pens…$75MPainters Local Union 802 Retirement PlanPainters Local Union 802 Ret…$75M
End-of-year total assets ($M) among Des Moines Iron Workers Pension Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$75M
Net Income$10M
Employer EIN426242674
Plan Effective Date1958-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Des Moines Iron Workers Pension Trust Board of Trustees)

Sponsor-wide plan assets over time

All Des Moines Iron Workers Pension Trust Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$82M 25.779780172471632% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $65.4M $82.3M ▲ +25.8%
Year Plans Participants Total Assets
2022 1 276 $65M
2023 1 260 $75M
2024 1 246 $82M

Nearby Defined Benefit (Pension) Plans in Iowa

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

Des Moines Iron Workers Pension Trust vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Des Moines Iron Workers Pension Trust, Total assets ($B): 0.075131979 · Participants: 260Des Moines Iron Workers Pension TrustTransamerica Pension Plan, Total assets ($B): 2.323730661 · Participants: 6519Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.699129128 · Participants: 12492Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.515952654 · Participants: 3002Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.346674752 · Participants: 1835Employers Mutual Casualty Company Retirement PlanNon-Contributory Retirement Program for Certain Employees of Wellmark, Inc., Total assets ($B): 0.297274074 · Participants: 1474Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.
Des Moines Iron Workers Pension Trust vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
Compare Des Moines Iron Workers Pension Trust side-by-side with 3 peers →

Des Moines Iron Workers Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Iowa, the nearest Defined Benefit (Pension) by assets is Liquor Salesmen's Union Local 2 Pension Fund in NY ($75M); by covered participants it is Swedish Match North America Retirement Plan in VA (260 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (260 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 Des Moines Iron Workers Pension Trust assets move in 2023? ▼
Des Moines Iron Workers Pension Trust grew at a solid clip - up 14.8% during 2023, from $65M to $75M. Reported net income was $10M.
How have Des Moines Iron Workers Pension Trust Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Des Moines Iron Workers Pension Trust Board of Trustees's sponsor-wide assets grew 25.8%, from $65M to $82M.
Where does Des Moines Iron Workers Pension Trust rank by assets among Form 5500 filers? ▼
Des Moines Iron Workers Pension Trust 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 Defined Benefit (Pension) plans are similar in size to Des Moines Iron Workers Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Liquor Salesmen's Union Local 2 Pension Fund in NY ($75M, 334 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Des Moines Iron Workers Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Swedish Match North America Retirement Plan in VA (260 participants, $218M 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 426242674.

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.