Money Purchase · DOL Form 5500 · 2024

Board of Trustees Iron Workers Local 401 Annuity Fund Money Purchase Plan

Data updated 2026-08-25

$140M
Total assets Near avg plan size
847
Participants Near avg headcount
93rd
Percentile by assets National rank
$164,993
Avg per participant Above avg balance/head
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Official DOL plan name: Iron Workers Local 401 Annuity Fund · Sponsored by Board of Trustees Iron Workers Local 401 Annuity Fund · Pennsylvania · Construction

$140M in assets, 847 participants

Board of Trustees Iron Workers Local 401 Annuity Fund's Iron Workers Local 401 Annuity Fund reported $140M in total assets and 847 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,241 in Construction (9,039 peers)

Where Iron Workers Local 401 Annuity Fund sits by assets

Iron Workers Local 401 Annuity Fund sits in the top 10% of all filed plans by assets, $140M for 847 participants (~$164,993/participant), up 8.0% in 2024.

#8,241
in Construction (9,039 peers)
+8.0%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Iron Workers Local 401 Annuity Fund's outsized position by total assets

Iron Workers Local 401 Annuity Fund vs every filed plan by assets

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

$139,749,358 Top 7% higher than 93% 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

Iron Workers Local 401 Annuity Fund 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. Iron Workers Local 401 Annuity Fund sits mid-pack in the medium band (847 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers Local 401 Annuity Fund reported net income rose from $9M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Iron Workers Local 401 Annuity Fund reported participants fell from 995 in the plan year 2023 filing to 847 in the plan year 2024 filing.
  • Iron Workers Local 401 Annuity Fund end-of-year assets rose from $129M in the plan year 2023 filing to $140M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 232191989 · Board of Trustees Iron Workers Local 401 Annuity Fund PY 2024 · Money Purchase

Iron Workers Local 401 Annuity Fund · $140M · 847 · 93rd

  • PART $140M
  • PART 847
  • PART 93rd
  • PART Money Purchase
  • PART near Defined Contribution Plan for the Employees of the American Institute of Physics
  • PART ind #8241

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 Pennsylvania →

Iron Workers Local 401 Annuity Fund in the asset neighbourhood

South Central Annuity Fund$142MDefined Contribution Plan for the Employees of the American Institute of PhysicsDefined Contribution Plan fo…$141MIron Workers Local 401 Annuity FundIron Workers Local 401 Annui…$140MBergelectric Corporation Money Purchase Pension PlanBergelectric Corporation Mon…$138MMbia Inc. Employees Pension PlanMbia Inc. Employees Pension …$138M
End-of-year total assets ($M) among Iron Workers Local 401 Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$129M
Net Assets (End of Year)$140M
Net Income$10M
Employer EIN232191989
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers Local 401 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees Iron Workers Local 401 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$140M 15.531740191128321% vs 2022
2024 filing year
$110M$120M$130M$140M$150M 202220232024 $121M $140M ▲ +15.5%
Year Plans Participants Total Assets
2022 1 831 $121M
2023 1 995 $129M
2024 1 847 $140M

Nearby Money Purchase Plans in Pennsylvania

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Iron Workers Local 401 Annuity Fund vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 01000200030004000 02004006008001000 Total assets ($M) Participants Iron Workers Local 401 Annuity Fund, Total assets ($M): 139.749358 · Participants: 847Iron Workers Local 401 Annuity FundCentral Pennsylvania Teamsters Retirement Income Plan 1987, Total assets ($M): 805.686551 · Participants: 3427Central Pennsylvania Teamsters Retirement Income Plan 1987Duane Morris Retirement Plan, Total assets ($M): 338.044788 · Participants: 484Duane Morris Retirement PlanIBEW Local Union 375 Electricians' Retirement Plan, Total assets ($M): 193.343343 · Participants: 657IBEW Local Union 375 Electricians' Retirement PlanMilton Hershey School Money Purchase Pension Plan, Total assets ($M): 181.070322 · Participants: 1500Milton Hershey School Money Purchase Pension PlanRetirement Plan for Faculty, Administrative and Professional Employees of University of Scranton, Total assets ($M): 153.792471 · Participants: 602Retirement Plan for Faculty, Administrative and Professional Employees of University of Scranton
Iron Workers Local 401 Annuity Fund vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants
Compare Iron Workers Local 401 Annuity Fund side-by-side with 3 peers →

Iron Workers Local 401 Annuity Fund's out-of-state Money Purchase peers by assets and headcount

Outside Pennsylvania, the nearest Money Purchase by assets is Defined Contribution Plan for the Employees of the American Institute of Physics in MD ($141M); by covered participants it is Iron Workers Local Union No. 92 Money Purchase Pension Plan in AL (852 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (847 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 Iron Workers Local 401 Annuity Fund assets move in 2024? ▼
Iron Workers Local 401 Annuity Fund grew at a solid clip - up 8.0% during 2024, from $129M to $140M. Reported net income was $10M.
How have Board of Trustees Iron Workers Local 401 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers Local 401 Annuity Fund's sponsor-wide assets grew 15.5%, from $121M to $140M.
Where does Iron Workers Local 401 Annuity Fund rank by assets among Form 5500 filers? ▼
Iron Workers Local 401 Annuity Fund ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Iron Workers Local 401 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Defined Contribution Plan for the Employees of the American Institute of Physics in MD ($141M, 222 participants).
Which Money Purchase plans cover a similar participant headcount to Iron Workers Local 401 Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is Iron Workers Local Union No. 92 Money Purchase Pension Plan in AL (852 participants, $58M 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 232191989.

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.