Profit Sharing · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$444M
Total assets Above avg plan size
3,530
Participants Above avg headcount
97th
Percentile by assets National rank
$125,756
Avg per participant Near avg balance/head
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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.

  • #8,721 in Construction (9,039 peers)

Coverage in Illinois

Structural Iron Workers Local #1 Annuity Plan covers 3,530 participants in Illinois, 4.5x the typical Illinois plan (state average ~779 per filing). Assets: $444M.

#8,721
in Construction (9,039 peers)
+6.7%
assets growth YoY
4.5×
vs typical plan assets (national mean)

Structural Iron Workers Local #1 Annuity Plan's outsized position by total assets

Structural Iron Workers Local #1 Annuity Plan vs every filed plan by assets

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

$443,919,252 Top 3% higher than 97% 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

Structural Iron Workers Local #1 Annuity Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Structural Iron Workers Local #1 Annuity Plan lands in the large band (3,530 participants).

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 →

Plan-year Form 5500 strip

Filing strip 366551011 · Board of Trustees of Structural Iw Local #1 Annuity Plan PY 2024 · Profit Sharing

Structural Iron Workers Local #1 Annuity Plan · $444M · 3,530 · 97th

  • NET $444M
  • NET 3,530
  • NET 97th
  • NET Profit Sharing
  • NET near The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies
  • NET ind #8721

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 →

Structural Iron Workers Local #1 Annuity Plan in the asset neighbourhood

I. B. E. W. Local Union No. 124 Annuity PlanI. B. E. W. Local Union No. …$447MStructural Iron Workers Local #1 Annuity PlanStructural Iron Workers Loca…$444MThe Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated CompaniesThe Employees' Profit-Sharin…$444MBarnard College 403(b) Plan$441MHawaii Electricians Annuity PlanHawaii Electricians Annuity …$438M
End-of-year total assets ($M) among Structural Iron Workers Local #1 Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Board of Trustees of Structural Iw Local #1 Annuity Plan plans reported in each filing year

Latest sponsor-wide plan assets
$444M 12.831558273444884% vs 2022
2024 filing year
$380M$400M$420M$440M$460M 202220232024 $393M $444M ▲ +12.8%
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 Scatter plot of 6 data points. 050001000015000200002500030000 01234 Total assets ($B) Participants Structural Iron Workers Local #1 Annuity Plan, Total assets ($B): 0.443919252 · Participants: 3530Structural Iron Workers Local #1 Annuity PlanW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.778311009 · Participants: 18584W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.469243854 · Participants: 24278Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 3.008828322 · Participants: 4364Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 2.023030159 · Participants: 15593Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.368713933 · Participants: 16059Carle Foundation Hospital and Affiliates Matching Tsa Plan
Structural Iron Workers Local #1 Annuity Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Structural Iron Workers Local #1 Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies in CA ($444M); by covered participants it is Union Individual Account Retirement Fund in WI (3,507 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,530 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 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 123,622 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).
Which Profit Sharing plans cover a similar participant headcount to Structural Iron Workers Local #1 Annuity Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Union Individual Account Retirement Fund in WI (3,507 participants, $309M in assets).