Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund Pension Plan

Data updated 2026-08-25

$729M
Total assets Above avg plan size
1,891
Participants Near avg headcount
98th
Percentile by assets National rank
$385,419
Avg per participant High balance/head
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Official DOL plan name: Iron Workers Locals 40, 361 & 417 Pension Fund · Sponsored by Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund · New York · Construction

$729M in assets, 1,891 participants

Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund's Iron Workers Locals 40, 361 & 417 Pension Fund reported $729M in total assets and 1,891 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,855 in Construction (9,039 peers)

Coverage in New York

Iron Workers Locals 40, 361 & 417 Pension Fund covers 1,891 participants in New York, 2.4x the typical New York plan (state average ~798 per filing). Assets: $729M.

#8,855
in Construction (9,039 peers)
+8.4%
assets growth YoY
7.3×
vs typical plan assets (national mean)

Iron Workers Locals 40, 361 & 417 Pension Fund's outsized position by total assets

Iron Workers Locals 40, 361 & 417 Pension Fund vs every filed plan by assets

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

$728,827,076 Top 2% higher than 98% 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 Locals 40, 361 & 417 Pension 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. Iron Workers Locals 40, 361 & 417 Pension Fund lands in the large band (1,891 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers Locals 40, 361 & 417 Pension Fund reported net income fell from $53M in the plan year 2023 filing to $36M in the plan year 2024 filing.
  • Iron Workers Locals 40, 361 & 417 Pension Fund reported participants fell from 2,181 in the plan year 2023 filing to 1,891 in the plan year 2024 filing.
  • Iron Workers Locals 40, 361 & 417 Pension Fund end-of-year assets rose from $672M in the plan year 2023 filing to $729M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 516102576 · Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund PY 2024 · Defined Benefit (Pension)

Iron Workers Locals 40, 361 & 417 Pension Fund · $729M · 1,891 · 98th

  • BOY $729M
  • SCH 1,891
  • EBSA 98th
  • PART Defined Benefit (Pension)
  • TYPE near The Hershey Company Retirement Plan
  • NET ind #8855

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 New York →

Iron Workers Locals 40, 361 & 417 Pension Fund in the asset neighbourhood

The Hershey Company Retirement PlanThe Hershey Company Retireme…$730MIron Workers Locals 40, 361 & 417 Pension FundIron Workers Locals 40, 361 …$729MOhio Farmers Insurance Company Pension PlanOhio Farmers Insurance Compa…$728MThe Trane Merged Hourly Pension PlanThe Trane Merged Hourly Pens…$726MOne Gas, Inc. Retirement Plan$726M
End-of-year total assets ($M) among Iron Workers Locals 40, 361 & 417 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

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

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

Sponsor-wide plan assets over time

All Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$729M 13.590424308919003% vs 2022
2024 filing year
$600M$650M$700M$750M 202220232024 $642M $729M ▲ +13.6%
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.

Iron Workers Locals 40, 361 & 417 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Iron Workers Locals 40, 361 & 417 Pension Fund, Total assets ($B): 0.728827076 · Participants: 1891Iron Workers Locals 40, 361 & 417 Pension FundIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Iron Workers Locals 40, 361 & 417 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Iron Workers Locals 40, 361 & 417 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is The Hershey Company Retirement Plan in PA ($730M); by covered participants it is Precision Castparts Corp. Retirement Plan in OR (1,890 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($729M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,891 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 Locals 40, 361 & 417 Pension Fund assets move in 2024?
Iron Workers Locals 40, 361 & 417 Pension Fund grew at a solid clip - up 8.4% during 2024, from $672M to $729M. Reported net income was $36M.
How have Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund's sponsor-wide assets grew 13.6%, from $642M to $729M.
Where does Iron Workers Locals 40, 361 & 417 Pension Fund rank by assets among Form 5500 filers?
Iron Workers Locals 40, 361 & 417 Pension Fund ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Iron Workers Locals 40, 361 & 417 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Hershey Company Retirement Plan in PA ($730M, 2,280 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers Locals 40, 361 & 417 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Precision Castparts Corp. Retirement Plan in OR (1,890 participants, $1.2B in assets).