Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Iron Workers of Western PA Profit Sharing Plan Profit Sharing Plan

Data updated 2026-07-24

$226M
Total assets
1,850
Participants
95th
Percentile by assets
$122,392
Avg per participant
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Official DOL plan name: Iron Workers of Western Pennsylvania Profit Sharing Plan · Sponsored by Board of Trustees Iron Workers of Western PA Profit Sharing Plan · Pennsylvania · Construction

$226M in assets, 1,850 participants

Board of Trustees Iron Workers of Western PA Profit Sharing Plan's Iron Workers of Western Pennsylvania Profit Sharing Plan reported $226M in total assets and 1,850 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Iron Workers of Western Pennsylvania Profit Sharing Plan covers 1,850 participants in Pennsylvania, 2.2x the typical Pennsylvania plan (state average ~824 per filing). Assets: $226M.

$226M
total plan assets (2024 EOY)
1,850
covered participants
95th
percentile by assets (of 116,472 plans)
$122,392
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers of Western Pennsylvania Profit Sharing Plan reported net income fell from $13M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Iron Workers of Western Pennsylvania Profit Sharing Plan reported participants fell from 1,963 in the plan year 2023 filing to 1,850 in the plan year 2024 filing.
  • Iron Workers of Western Pennsylvania Profit Sharing Plan end-of-year assets rose from $220M in the plan year 2023 filing to $226M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Iron Workers of Western Pennsylvania Profit Sharing Plan reports 1,850 participants - 2.2x that state average ($226M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$220M
Net Assets (End of Year)$226M
Net Income$6M
Employer EIN251318890
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers of Western PA Profit Sharing Plan)

$200M$210M$220M$230M 202220232024 $207M $226M ▲ +9.2%
Total plan assets by year, all Board of Trustees Iron Workers of Western PA Profit Sharing Plan plans on file
Year Plans Participants Total Assets
2022 1 2,050 $207M
2023 1 1,963 $220M
2024 1 1,850 $226M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Iron Workers of Western Pennsylvania Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Iron Workers of Western Pennsylvania Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 00.511.522.5 Total assets ($B) Participants Iron Workers of West…Eastern Atlantic Sta…University of Pennsy…International Brothe…Temple University He…Steamfitters Local U…
Iron Workers of Western Pennsylvania Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Iron Workers of Western Pennsylvania Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Iron Workers of Western Pennsylvania Profit Sharing Plan assets move in 2024?
Iron Workers of Western Pennsylvania Profit Sharing Plan edged up modestly - up 2.7% during 2024, from $220M to $226M. Reported net income was $6M.
How have Board of Trustees Iron Workers of Western PA Profit Sharing Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers of Western PA Profit Sharing Plan's sponsor-wide assets grew 9.2%, from $207M to $226M.
Where does Iron Workers of Western Pennsylvania Profit Sharing Plan rank by assets among Form 5500 filers?
Iron Workers of Western Pennsylvania Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Iron Workers of Western Pennsylvania Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Adventist Health 403(b) ERISA Plan in CA ($226M, 1,540 participants).

Next read for Iron Workers of Western Pennsylvania Pro…

Filing takeaways

Ways to act on Iron Workers of Western Pennsylvania Profit Sharing Plan's numbers.

  • By total assets, Iron Workers of Western Pennsylvania Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
  • Board of Trustees Iron Workers of Western PA Profit Sharing Plan's sponsor-wide assets have grown 9.2% 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251318890.

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