Money Purchase · DOL Form 5500 · 2024
Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund Money Purchase Plan
Data updated 2026-08-06
- $1.2B
- Total assets
- 2,357
- Participants
- 99th
- Percentile by assets
- $517,159
- Avg per participant
Official DOL plan name: Iron Workers Locals 40, 361 & 417 Annuity Fund · Sponsored by Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund · New York · Construction
$1.2B in assets, 2,357 participants
Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund's Iron Workers Locals 40, 361 & 417 Annuity Fund reported $1.2B in total assets and 2,357 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 116,472 plans)
- #8,221 in Construction (8,304 peers)
Coverage in New York
Iron Workers Locals 40, 361 & 417 Annuity Fund covers 2,357 participants in New York, 3.0x the typical New York plan (state average ~795 per filing). Assets: $1.2B.
- $1.2B
- total plan assets (2024 EOY)
- 2,357
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $517,159
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Iron Workers Locals 40, 361 & 417 Annuity Fund reported participants fell from 4,998 in the plan year 2023 filing to 2,357 in the plan year 2024 filing.
- Iron Workers Locals 40, 361 & 417 Annuity Fund reported net income fell from $76M in the plan year 2023 filing to $67M in the plan year 2024 filing.
- Iron Workers Locals 40, 361 & 417 Annuity Fund end-of-year assets rose from $1.2B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 795 participants across 8,491 plans. Iron Workers Locals 40, 361 & 417 Annuity Fund reports 2,357 participants - 3.0x that state average ($1.2B EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $67M |
| Employer EIN | 237299279 |
| Plan Effective Date | 1969-12-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,068 | $1.1B |
| 2023 | 1 | 4,998 | $1.2B |
| 2024 | 1 | 2,357 | $1.2B |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Iron Workers Locals 40, 361 & 417 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $5.9B · 11,906
- Young Men's Christian Association Retirement Fund Retirement Plan $3.9B · 47,199
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.2B · 15,274
- Brookhaven Science Associates, LLC Retirement Plan $1.5B · 2,624
- Excavators Union Local 731 Annuity Fund $953M · 6,236
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Iron Workers Locals 40, 361 & 417 Annuity Fund by total assets, not by location.
- Employees Retirement Plan of Marshfield Clinic (WI) $1.3B · 8,328
- Occidental Petroleum Corporation Retirement Plan (TX) $1.3B · 7,877
- Northwest Permanente, P.C. Retirement Plan - Mpp Aspect (OR) $1.1B · 1,562
- Scripps Health Retirement Savings Plan (CA) $1.3B · 16,148
Frequently Asked Questions
How did Iron Workers Locals 40, 361 & 417 Annuity Fund assets move in 2024? ▼
How have Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund plan assets changed over time? ▼
Where does Iron Workers Locals 40, 361 & 417 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Iron Workers Locals 40, 361 & 417 Annuity Fund? ▼
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Filing takeaways
Ways to act on Iron Workers Locals 40, 361 & 417 Annuity Fund's numbers.
- By total assets, Iron Workers Locals 40, 361 & 417 Annuity Fund ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
- Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund's sponsor-wide assets have grown 13.7% since 2022 across 3 plan years on file. More Construction plans