Profit Sharing · DOL Form 5500 · 2024

Board of Trustees of the Twin City Ironworkers DC Pension Fund Profit Sharing Plan

Data updated 2026-08-25

$380M
Total assets Above avg plan size
2,654
Participants Above avg headcount
96th
Percentile by assets National rank
$143,011
Avg per participant Near avg balance/head
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Official DOL plan name: Twin City Ironworkers Defined Contribution Fund · Sponsored by Board of Trustees of the Twin City Ironworkers DC Pension Fund · Minnesota · Construction

$380M in assets, 2,654 participants

Board of Trustees of the Twin City Ironworkers DC Pension Fund's Twin City Ironworkers Defined Contribution Fund reported $380M in total assets and 2,654 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.

  • #8,677 in Construction (9,039 peers)

Coverage in Minnesota

Twin City Ironworkers Defined Contribution Fund covers 2,654 participants in Minnesota, 2.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $380M.

#8,677
in Construction (9,039 peers)
+18.0%
assets growth YoY
3.8×
vs typical plan assets (national mean)

Twin City Ironworkers Defined Contribution Fund's outsized position by total assets

Twin City Ironworkers Defined Contribution Fund vs every filed plan by assets

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

$379,551,424 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

Twin City Ironworkers Defined Contribution Fund'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. Twin City Ironworkers Defined Contribution Fund lands in the large band (2,654 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Twin City Ironworkers Defined Contribution Fund end-of-year assets rose from $322M in the plan year 2023 filing to $380M in the plan year 2024 filing.
  • Twin City Ironworkers Defined Contribution Fund reported net income fell from $62M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • Twin City Ironworkers Defined Contribution Fund reported participants rose from 2,539 in the plan year 2023 filing to 2,654 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411876222 · Board of Trustees of the Twin City Ironworkers DC Pension Fund PY 2024 · Profit Sharing

Twin City Ironworkers Defined Contribution Fund · $380M · 2,654 · 96th

  • EBSA $380M
  • EBSA 2,654
  • EBSA 96th
  • EBSA Profit Sharing
  • EBSA near Retirement Plan for Employees Represented by Sheet Metal Workers Local Union 18
  • EBSA ind #8677

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 Minnesota →

Twin City Ironworkers Defined Contribution Fund in the asset neighbourhood

Childrens Healthcare of Atlanta Growth PlanChildrens Healthcare of Atla…$391MLocal 138, 138a, 138b & 138c Internati of Operating Engineers Annuity FundLocal 138, 138a, 138b & 138c…$390MTwin City Ironworkers Defined Contribution FundTwin City Ironworkers Define…$380MRetirement Plan for Employees Represented by Sheet Metal Workers Local Union 18Retirement Plan for Employee…$374MRensselaer Polytechnic Institute Defined Contribution Retirement Plan for Rensselaer ContributionsRensselaer Polytechnic Insti…$373M
End-of-year total assets ($M) among Twin City Ironworkers Defined Contribution Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$322M
Net Assets (End of Year)$380M
Net Income$58M
Employer EIN411876222
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Twin City Ironworkers DC Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of the Twin City Ironworkers DC Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$380M 46.17404853048012% vs 2022
2024 filing year
$200M$250M$300M$350M$400M 202220232024 $260M $380M ▲ +46.2%
Year Plans Participants Total Assets
2022 1 2,463 $260M
2023 1 2,539 $322M
2024 1 2,654 $380M

Nearby Profit Sharing Plans in Minnesota

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

Twin City Ironworkers Defined Contribution Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 00.511.52 Total assets ($B) Participants Twin City Ironworkers Defined Contribution Fund, Total assets ($B): 0.379551424 · Participants: 2654Twin City Ironworkers Defined Contribution FundPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.820221913 · Participants: 6017Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.902491999 · Participants: 8757Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.64405166 · Participants: 4702Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.612718536 · Participants: 20683Cargill Employee Retirement Account PlanRegions Hospital Retirement Savings 401(k) Plan, Total assets ($B): 0.601951844 · Participants: 6323Regions Hospital Retirement Savings 401(k) Plan
Twin City Ironworkers Defined Contribution Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Twin City Ironworkers Defined Contribution Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Retirement Plan for Employees Represented by Sheet Metal Workers Local Union 18 in WI ($374M); by covered participants it is Steamship Trade Association of Baltimore, Incorporated International Longshoremen's Assoc. Severance and Annuity Plan in MD (2,657 participants). Same-state nearby plans are listed separately above.

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 Twin City Ironworkers Defined Contribution Fund assets move in 2024?
Twin City Ironworkers Defined Contribution Fund grew sharply - up 18.0% during 2024, from $322M to $380M. Reported net income was $58M.
How have Board of Trustees of the Twin City Ironworkers DC Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of the Twin City Ironworkers DC Pension Fund's sponsor-wide assets grew 46.2%, from $260M to $380M.
Where does Twin City Ironworkers Defined Contribution Fund rank by assets among Form 5500 filers?
Twin City Ironworkers Defined Contribution Fund 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 Profit Sharing plans are similar in size to Twin City Ironworkers Defined Contribution Fund?
Among Profit Sharing plans in other states, the closest by assets is Retirement Plan for Employees Represented by Sheet Metal Workers Local Union 18 in WI ($374M, 1,894 participants).
Which Profit Sharing plans cover a similar participant headcount to Twin City Ironworkers Defined Contribution Fund?
Among Profit Sharing plans in other states, the closest by covered participants is Steamship Trade Association of Baltimore, Incorporated International Longshoremen's Assoc. Severance and Annuity Plan in MD (2,657 participants, $141M in assets).