Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Iron Workers Locals 40, 361 & 417 Pension Fund

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund · New York · Construction

What the 2023 filing shows

Iron Workers Locals 40, 361 & 417 Pension Fund holds $729M for 1,891 participants — about $385,419 per participant, up 8.4% over the 2024 plan year.

$729M
total plan assets (2024 EOY)
1,891
covered participants
$385,419
avg assets per participant
+8.4%
assets growth YoY
Total Assets (2023)
$729M
Participants
1,891
State
Industry
Construction

What the Filing Says About Iron Workers Locals 40, 361 & 417 Pension Fund

Iron Workers Locals 40, 361 & 417 Pension Fund is a Defined Benefit (Pension) retirement plan sponsored by Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund, headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $729M in total end-of-year assets and covers 1,891 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 516102576, and the plan has been effective since 1955-12-14. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $672M at the beginning of 2024 to $729M at year-end — a gain of 8.4%. Net assets (after liabilities) closed the year at $706M, with reported net income of $36M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$672M
Total Assets (End of Year)$729M
Net Assets (End of Year)$706M
Net Income$36M
Plan TypeDefined Benefit (Pension)
Employer EIN516102576
Plan Effective Date1955-12-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund)

Year Plans Participants Total Assets
2022 1 2,251 $642M
2023 1 2,181 $672M
2024 1 1,891 $729M

Nearby Defined Benefit (Pension) Plans in New York

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

Frequently Asked Questions

How much money is in the Iron Workers Locals 40, 361 & 417 Pension Fund?
As of the 2024 Form 5500 filing, Iron Workers Locals 40, 361 & 417 Pension Fund holds $729M in total assets with 1,891 participants. It is sponsored by Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund.
What type of plan is Iron Workers Locals 40, 361 & 417 Pension Fund?
Iron Workers Locals 40, 361 & 417 Pension Fund is a Defined Benefit (Pension) plan. It has been effective since 1955-12-14. The plan is filed with the U.S. Department of Labor under EIN 516102576.
Who sponsors the Iron Workers Locals 40, 361 & 417 Pension Fund?
Iron Workers Locals 40, 361 & 417 Pension Fund is sponsored by Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund, located in New York. The sponsor's EIN is 516102576 and the plan operates in the Construction industry.
How did Iron Workers Locals 40, 361 & 417 Pension Fund perform in 2024?
Iron Workers Locals 40, 361 & 417 Pension Fund grew by 8.4% during 2024, moving from $672M to $729M in total assets. Net income was $36M.
Where can I find official filings for Iron Workers Locals 40, 361 & 417 Pension Fund?
Official Form 5500 filings for Iron Workers Locals 40, 361 & 417 Pension Fund are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 516102576 or plan name at efast.dol.gov.
How does Iron Workers Locals 40, 361 & 417 Pension Fund compare to other plans?
You can compare Iron Workers Locals 40, 361 & 417 Pension Fund against other Defined Benefit (Pension) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 516102576.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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