Money Purchase · DOL Form 5500 · 2024

Board of Trustees of Iron Workers Local 395 Annuity Fund Money Purchase Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
824
Participants Near avg headcount
88th
Percentile by assets National rank
$85,248
Avg per participant Below avg balance/head
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Official DOL plan name: Iron Workers Local 395 Annuity Fund · Sponsored by Board of Trustees of Iron Workers Local 395 Annuity Fund · Illinois · Construction

$70M in assets, 824 participants

Board of Trustees of Iron Workers Local 395 Annuity Fund's Iron Workers Local 395 Annuity Fund reported $70M in total assets and 824 participants in its 2024 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.

  • #7,745 in Construction (9,039 peers)

Where Iron Workers Local 395 Annuity Fund sits by assets

Iron Workers Local 395 Annuity Fund sits in the top quartile of all filed plans by assets, $70M for 824 participants (~$85,248/participant), up 13.4% in 2024.

#7,745
in Construction (9,039 peers)
+13.4%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Iron Workers Local 395 Annuity Fund's outsized position by total assets

Iron Workers Local 395 Annuity Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$70,244,579 Top 12% higher than 88% of 123,620 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 2024

Iron Workers Local 395 Annuity Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iron Workers Local 395 Annuity Fund sits mid-pack in the medium band (824 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers Local 395 Annuity Fund reported net income fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Iron Workers Local 395 Annuity Fund reported participants rose from 700 in the plan year 2023 filing to 824 in the plan year 2024 filing.
  • Iron Workers Local 395 Annuity Fund end-of-year assets rose from $62M in the plan year 2023 filing to $70M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 351959984 · Board of Trustees of Iron Workers Local 395 Annuity Fund PY 2024 · Money Purchase

Iron Workers Local 395 Annuity Fund · $70M · 824 · 88th

  • PHOTO $70M
  • PHOTO 824
  • PHOTO 88th
  • PHOTO Money Purchase
  • PHOTO near University Athletic Association, Inc. Employees' Money Purchase Pension
  • PHOTO ind #7745

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 Illinois →

Iron Workers Local 395 Annuity Fund in the asset neighbourhood

Iron Workers Local 395 Annuity FundIron Workers Local 395 Annui…$70MUniversity Athletic Association, Inc. Employees' Money Purchase PensionUniversity Athletic Associat…$70MGreylock Management Corporation Pension PlanGreylock Management Corporat…$70MMarine Biological Laboratory Defined Contribution Retirement PlanMarine Biological Laboratory…$70MIatse Local 8 Annuity Fund$69M
End-of-year total assets ($M) among Iron Workers Local 395 Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$70M
Net Income$8M
Employer EIN351959984
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Iron Workers Local 395 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Iron Workers Local 395 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$70M 35.78931858909017% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $51.7M $70.2M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 656 $52M
2023 1 700 $62M
2024 1 824 $70M

Nearby Money Purchase Plans in Illinois

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Iron Workers Local 395 Annuity Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants Scatter plot of 6 data points. 5001000150020002500 02004006008001000 Total assets ($M) Participants Iron Workers Local 395 Annuity Fund, Total assets ($M): 70.244579 · Participants: 824Iron Workers Local 395 Annuity FundRetirement Plan for Employees of Fermi Research Alliance, LLC, Total assets ($M): 795.953748 · Participants: 1782Retirement Plan for Employees of Fermi Research Alliance, LLCNECA-IBEW Local 176 Pension Trust Fund, Total assets ($M): 724.821974 · Participants: 2204NECA-IBEW Local 176 Pension Trust FundNECA-IBEW Local 364 Defined Contribution Plan, Total assets ($M): 489.386942 · Participants: 944NECA-IBEW Local 364 Defined Contribution PlanInternational Association of Heat and Frost Insulators Local 17 Annuity Fund, Total assets ($M): 215.659803 · Participants: 1188International Association of Heat and Frost Insulators Local 17 Annuity FundSheet Metal Workers Local 219 Retirement Savings Fund, Total assets ($M): 209.670961 · Participants: 936Sheet Metal Workers Local 219 Retirement Savings Fund
Iron Workers Local 395 Annuity Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants
Compare Iron Workers Local 395 Annuity Fund side-by-side with 3 peers →

Iron Workers Local 395 Annuity Fund's out-of-state Money Purchase peers by assets and headcount

Outside Illinois, the nearest Money Purchase by assets is University Athletic Association, Inc. Employees' Money Purchase Pension in FL ($70M); by covered participants it is Plumbers & Steamfitters Local 184 Supplemental Pension Plan in TN (823 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (824 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Iron Workers Local 395 Annuity Fund assets move in 2024? ▼
Iron Workers Local 395 Annuity Fund grew at a solid clip - up 13.4% during 2024, from $62M to $70M. Reported net income was $8M.
How have Board of Trustees of Iron Workers Local 395 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Iron Workers Local 395 Annuity Fund's sponsor-wide assets grew 35.8%, from $52M to $70M.
Where does Iron Workers Local 395 Annuity Fund rank by assets among Form 5500 filers? ▼
Iron Workers Local 395 Annuity Fund ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Iron Workers Local 395 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by assets is University Athletic Association, Inc. Employees' Money Purchase Pension in FL ($70M, 356 participants).
Which Money Purchase plans cover a similar participant headcount to Iron Workers Local 395 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is Plumbers & Steamfitters Local 184 Supplemental Pension Plan in TN (823 participants, $82M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 351959984.

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.