Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Iron Workers Pension Plan of Western PA Pension Plan

Data updated 2026-08-25

$297M
Total assets Near avg plan size
968
Participants Near avg headcount
96th
Percentile by assets National rank
$306,638
Avg per participant High balance/head
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Official DOL plan name: Iron Workers Pension Plan of Western Pennsylvania · Sponsored by Board of Trustees Iron Workers Pension Plan of Western PA · Pennsylvania · Construction

$297M in assets, 968 participants

Board of Trustees Iron Workers Pension Plan of Western PA's Iron Workers Pension Plan of Western Pennsylvania reported $297M in total assets and 968 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,602 in Construction (9,039 peers)

Where Iron Workers Pension Plan of Western Pennsylvania sits by assets

Iron Workers Pension Plan of Western Pennsylvania sits in the top 5% of all filed plans by assets, $297M for 968 participants (~$306,638/participant), up 5.7% in 2024.

#8,602
in Construction (9,039 peers)
+5.7%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Iron Workers Pension Plan of Western Pennsylvania's outsized position by total assets

Iron Workers Pension Plan of Western Pennsylvania vs every filed plan by assets

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

$296,825,915 Top 4% higher than 96% 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 Pension Plan of Western Pennsylvania 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 Pension Plan of Western Pennsylvania sits mid-pack in the medium band (968 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers Pension Plan of Western Pennsylvania reported participants fell from 1,034 in the plan year 2023 filing to 968 in the plan year 2024 filing.
  • Iron Workers Pension Plan of Western Pennsylvania end-of-year assets rose from $281M in the plan year 2023 filing to $297M in the plan year 2024 filing.
  • Iron Workers Pension Plan of Western Pennsylvania reported net income fell from $16M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 251283169 · Board of Trustees Iron Workers Pension Plan of Western PA PY 2024 · Defined Benefit (Pension)

Iron Workers Pension Plan of Western Pennsylvania · $297M · 968 · 96th

  • IND $297M
  • IND 968
  • IND 96th
  • IND Defined Benefit (Pension)
  • IND near Employees Retirement Plan of Si Group, Inc.
  • IND ind #8602

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 Pennsylvania →

Iron Workers Pension Plan of Western Pennsylvania in the asset neighbourhood

Detroit Diesel Corporation Hourly-Rate Employees Pension PlanDetroit Diesel Corporation H…$298MIntelsat Staff Retirement PlanIntelsat Staff Retirement Pl…$298MEmployees Retirement Plan of Si Group, Inc.Employees Retirement Plan of…$298MIron Workers Pension Plan of Western PennsylvaniaIron Workers Pension Plan of…$297MEmployees Pension Plan of Credit SuisseEmployees Pension Plan of Cr…$296M
End-of-year total assets ($M) among Iron Workers Pension Plan of Western Pennsylvania and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$281M
Net Assets (End of Year)$297M
Net Income$16M
Employer EIN251283169
Plan Effective Date1959-01-12
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees Iron Workers Pension Plan of Western PA plans reported in each filing year

Latest sponsor-wide plan assets
$297M 12.231160927649306% vs 2022
2024 filing year
$260M$270M$280M$290M$300M$310M 202220232024 $264M $297M ▲ +12.2%
Year Plans Participants Total Assets
2022 1 1,093 $264M
2023 1 1,034 $281M
2024 1 968 $297M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Iron Workers Pension Plan of Western Pennsylvania vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Iron Workers Pension Plan of Western Pennsylvania, Total assets ($B): 0.296825915 · Participants: 968Iron Workers Pension Plan of Western PennsylvaniaNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Iron Workers Pension Plan of Western Pennsylvania vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Iron Workers Pension Plan of Western Pennsylvania's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Employees Retirement Plan of Si Group, Inc. in TX ($298M); by covered participants it is The Brink's Company Frozen Pension Plan in VA (968 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (968 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 Pension Plan of Western Pennsylvania assets move in 2024?
Iron Workers Pension Plan of Western Pennsylvania grew at a solid clip - up 5.7% during 2024, from $281M to $297M. Reported net income was $16M.
How have Board of Trustees Iron Workers Pension Plan of Western PA plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers Pension Plan of Western PA's sponsor-wide assets grew 12.2%, from $264M to $297M.
Where does Iron Workers Pension Plan of Western Pennsylvania rank by assets among Form 5500 filers?
Iron Workers Pension Plan of Western Pennsylvania ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Iron Workers Pension Plan of Western Pennsylvania?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Employees Retirement Plan of Si Group, Inc. in TX ($298M, 93 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers Pension Plan of Western Pennsylvania?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Brink's Company Frozen Pension Plan in VA (968 participants, $588M in assets).