Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Iw Mid-America Pension Plan Pension Plan

Data updated 2026-08-06

$999M
Total assets
3,294
Participants
98th
Percentile by assets
$303,249
Avg per participant
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Official DOL plan name: Iron Workers' Mid-America Pension Plan · Sponsored by Board of Trustees of Iw Mid-America Pension Plan · Illinois · Construction

$999M in assets, 3,294 participants

Board of Trustees of Iw Mid-America Pension Plan's Iron Workers' Mid-America Pension Plan reported $999M in total assets and 3,294 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.

  • 98th percentile by assets (of 116,472 plans)

Coverage in Illinois

Iron Workers' Mid-America Pension Plan covers 3,294 participants in Illinois, 4.3x the typical Illinois plan (state average ~768 per filing). Assets: $999M.

$999M
total plan assets (2024 EOY)
3,294
covered participants
98th
percentile by assets (of 116,472 plans)
$303,249
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers' Mid-America Pension Plan reported net income fell from $84M in the plan year 2023 filing to $71M in the plan year 2024 filing.
  • Iron Workers' Mid-America Pension Plan end-of-year assets rose from $928M in the plan year 2023 filing to $999M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Iron Workers' Mid-America Pension Plan reports 3,294 participants - 4.3x that state average ($999M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$928M
Net Assets (End of Year)$998M
Net Income$71M
Employer EIN366488227
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Iw Mid-America Pension Plan)

$800M$850M$900M$950M$1,000M$1,050M 202220232024 $844M $999M ▲ +18.3%
Total plan assets by year, all Board of Trustees of Iw Mid-America Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 3,351 $844M
2023 1 3,302 $928M
2024 1 3,294 $999M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Iron Workers' Mid-America Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Iron Workers' Mid-America Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -200204060 Total assets ($B) Participants Iron Workers' Mid-Am…Central States, Sout…State Farm Insurance…GE Healthcare Pensio…Abbott Laboratories …Exelon Corporation R…
Iron Workers' Mid-America Pension Plan vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Iron Workers' Mid-America Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Iron Workers' Mid-America Pension Plan assets move in 2024?
Iron Workers' Mid-America Pension Plan grew at a solid clip - up 7.6% during 2024, from $928M to $999M. Reported net income was $71M.
How have Board of Trustees of Iw Mid-America Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Iw Mid-America Pension Plan's sponsor-wide assets grew 18.3%, from $844M to $999M.
Where does Iron Workers' Mid-America Pension Plan rank by assets among Form 5500 filers?
Iron Workers' Mid-America Pension Plan ranks in the 98th percentile by end-of-year assets among 116,472 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' Mid-America Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ufcw Local 1262 & Employers Pension Fund in NJ ($1.0B, 4,882 participants).

Next read for Iron Workers' Mid-America Pension Plan

Filing takeaways

Ways to act on Iron Workers' Mid-America Pension Plan's numbers.

  • By total assets, Iron Workers' Mid-America Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
  • Board of Trustees of Iw Mid-America Pension Plan's sponsor-wide assets have grown 18.3% since 2022 across 3 plan years on file. More Construction plans

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 366488227.

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