Profit Sharing · DOL Form 5500 · 2024

Board of Trustees of Structural Iw Local #1 Annuity Plan Profit Sharing Plan

Data updated 2026-07-24

$444M
Total assets
3,530
Participants
97th
Percentile by assets
$125,756
Avg per participant
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Official DOL plan name: Structural Iron Workers Local #1 Annuity Plan · Sponsored by Board of Trustees of Structural Iw Local #1 Annuity Plan · Illinois · Construction

$444M in assets, 3,530 participants

Board of Trustees of Structural Iw Local #1 Annuity Plan's Structural Iron Workers Local #1 Annuity Plan reported $444M in total assets and 3,530 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)

Coverage in Illinois

Structural Iron Workers Local #1 Annuity Plan covers 3,530 participants in Illinois, 4.6x the typical Illinois plan (state average ~768 per filing). Assets: $444M.

$444M
total plan assets (2024 EOY)
3,530
covered participants
97th
percentile by assets (of 116,472 plans)
$125,756
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Structural Iron Workers Local #1 Annuity Plan reported net income rose from $23M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Structural Iron Workers Local #1 Annuity Plan reported participants rose from 3,083 in the plan year 2023 filing to 3,530 in the plan year 2024 filing.
  • Structural Iron Workers Local #1 Annuity Plan end-of-year assets rose from $416M in the plan year 2023 filing to $444M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Structural Iron Workers Local #1 Annuity Plan reports 3,530 participants - 4.6x that state average ($444M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$416M
Net Assets (End of Year)$444M
Net Income$28M
Employer EIN366551011
Plan Effective Date1974-04-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Structural Iw Local #1 Annuity Plan)

$380M$400M$420M$440M$460M 202220232024 $393M $444M ▲ +12.8%
Total plan assets by year, all Board of Trustees of Structural Iw Local #1 Annuity Plan plans on file
Year Plans Participants Total Assets
2022 1 3,069 $393M
2023 1 3,083 $416M
2024 1 3,530 $444M

Nearby Profit Sharing Plans in Illinois

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

Structural Iron Workers Local #1 Annuity Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Structural Iron Workers Local #1 Annuity Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 01234 Total assets ($B) Participants Structural Iron Work…W. W. Grainger, Inc.…Mcmaster-Carr Supply…Midwest Operating En…Sidley Austin LLP Re…Bricklayers and Ston…
Structural Iron Workers Local #1 Annuity Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Structural Iron Workers Local #1 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Structural Iron Workers Local #1 Annuity Plan assets move in 2024?
Structural Iron Workers Local #1 Annuity Plan grew at a solid clip - up 6.7% during 2024, from $416M to $444M. Reported net income was $28M.
How have Board of Trustees of Structural Iw Local #1 Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Structural Iw Local #1 Annuity Plan's sponsor-wide assets grew 12.8%, from $393M to $444M.
Where does Structural Iron Workers Local #1 Annuity Plan rank by assets among Form 5500 filers?
Structural Iron Workers Local #1 Annuity Plan ranks in the 97th 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 Structural Iron Workers Local #1 Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies in CA ($444M, 3,188 participants).

Next read for Structural Iron Workers Local #1 Annuity…

Filing takeaways

Ways to act on Structural Iron Workers Local #1 Annuity Plan's numbers.

  • By total assets, Structural Iron Workers Local #1 Annuity 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 Illinois. Compare plans
  • Board of Trustees of Structural Iw Local #1 Annuity Plan's sponsor-wide assets have grown 12.8% 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 366551011.

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