Defined Benefit (Pension) · DOL Form 5500 · 2024

Ironworkers 340 Retirement Plan Pension Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
257
Participants Below avg headcount
78th
Percentile by assets National rank
$126,490
Avg per participant Near avg balance/head
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Official DOL plan name: Ironworkers 340 Retirement Plan · Sponsored by Ironworkers 340 Retirement Plan · Illinois · Construction

$33M in assets, 257 participants

Ironworkers 340 Retirement Plan's Ironworkers 340 Retirement Plan reported $33M in total assets and 257 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,960 in Construction (9,039 peers)

Coverage in Illinois

Ironworkers 340 Retirement Plan covers 257 participants in Illinois, about 33% of the average Illinois filer (state average ~779 per filing). Assets: $33M.

#6,960
in Construction (9,039 peers)
+0.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $219K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ironworkers 340 Retirement Plan's outsized position by total assets

Ironworkers 340 Retirement Plan vs every filed plan by assets

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

$32,507,977 Top 22% higher than 78% 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

Ironworkers 340 Retirement Plan 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. Ironworkers 340 Retirement Plan sits mid-pack in the medium band (257 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ironworkers 340 Retirement Plan reported net income fell from $1M in the plan year 2023 filing to -$219K in the plan year 2024 filing.
  • Ironworkers 340 Retirement Plan reported participants rose from 208 in the plan year 2023 filing to 257 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 386233975 · Ironworkers 340 Retirement Plan PY 2024 · Defined Benefit (Pension)

Ironworkers 340 Retirement Plan · $33M · 257 · 78th

  • EIN $33M
  • EIN 257
  • EIN 78th
  • EIN Defined Benefit (Pension)
  • EIN near Gallo Pension Plan for Non-Union Employees
  • EIN ind #6960

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 →

Ironworkers 340 Retirement Plan in the asset neighbourhood

As America Brands, Inc. Pension PlanAs America Brands, Inc. Pens…$33MIronworkers 340 Retirement PlanIronworkers 340 Retirement P…$33MGallo Pension Plan for Non-Union EmployeesGallo Pension Plan for Non-U…$32MNorcal Insurance Company Pension PlanNorcal Insurance Company Pen…$32MTimes Publishing Company Defined Benefit Pension PlanTimes Publishing Company Def…$32M
End-of-year total assets ($M) among Ironworkers 340 Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$32M
Net Income-$219K
Employer EIN386233975
Plan Effective Date1968-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ironworkers 340 Retirement Plan)

Sponsor-wide plan assets over time

All Ironworkers 340 Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$33M 5.107494540197227% vs 2022
2024 filing year
$30.5M$31M$31.5M$32M$32.5M$33M 202220232024 $30.9M $32.5M ▲ +5.1%
Year Plans Participants Total Assets
2022 1 275 $31M
2023 1 208 $32M
2024 1 257 $33M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Ironworkers 340 Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants Ironworkers 340 Retirement Plan, Total assets ($B): 0.032507977 · Participants: 257Ironworkers 340 Retirement PlanCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
Ironworkers 340 Retirement Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Ironworkers 340 Retirement Plan side-by-side with 3 peers →

Ironworkers 340 Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Gallo Pension Plan for Non-Union Employees in CA ($32M); by covered participants it is Nelson Mullins Riley & Scarborough LLP Cash Balance Retirement Plan in SC (257 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (257 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 Ironworkers 340 Retirement Plan assets move in 2024? ▼
Ironworkers 340 Retirement Plan held essentially flat - up 0.3% during 2024, from $32M to $33M. Reported net income was -$219K.
How have Ironworkers 340 Retirement Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ironworkers 340 Retirement Plan's sponsor-wide assets grew 5.1%, from $31M to $33M.
Where does Ironworkers 340 Retirement Plan rank by assets among Form 5500 filers? ▼
Ironworkers 340 Retirement Plan ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Ironworkers 340 Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Gallo Pension Plan for Non-Union Employees in CA ($32M, 158 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ironworkers 340 Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Nelson Mullins Riley & Scarborough LLP Cash Balance Retirement Plan in SC (257 participants, $152M in assets).

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 386233975.

Read our methodology - how this data is sourced, computed, and verified.

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