Money Purchase · DOL Form 5500 · 2024
Board of Trustees Iron Workers Money Purchase Plan
Data updated 2026-08-06
- $614M
- Total assets
- 7,659
- Participants
- 98th
- Percentile by assets
- $80,183
- Avg per participant
Official DOL plan name: Iron Workers District Council of New England Annuity Fund · Sponsored by Board of Trustees Iron Workers · Massachusetts · Construction
$614M in assets, 7,659 participants
Board of Trustees Iron Workers's Iron Workers District Council of New England Annuity Fund reported $614M in total assets and 7,659 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)
- #8,129 in Construction (8,304 peers)
Coverage in Massachusetts
Iron Workers District Council of New England Annuity Fund covers 7,659 participants in Massachusetts, 12x the typical Massachusetts plan (state average ~641 per filing). Assets: $614M.
- $614M
- total plan assets (2024 EOY)
- 7,659
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $80,183
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Iron Workers District Council of New England Annuity Fund reported net income fell from $67M in the plan year 2023 filing to $47M in the plan year 2024 filing.
- Iron Workers District Council of New England Annuity Fund end-of-year assets rose from $567M in the plan year 2023 filing to $614M in the plan year 2024 filing.
- Iron Workers District Council of New England Annuity Fund reported participants rose from 7,428 in the plan year 2023 filing to 7,659 in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Iron Workers District Council of New England Annuity Fund reports 7,659 participants - 12x that state average ($614M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $567M |
|---|---|
| Net Assets (End of Year) | $614M |
| Net Income | $47M |
| Employer EIN | 042647320 |
| Plan Effective Date | 1972-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Iron Workers)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,992 | $500M |
| 2023 | 1 | 7,428 | $567M |
| 2024 | 1 | 7,659 | $614M |
Nearby Money Purchase Plans in Massachusetts
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Iron Workers District Council of New England Annuity Fund vs. nearby Money Purchase plans in Massachusetts, assets vs. participants
- Retirement Income Plan for Teaching Faculty of Harvard University $2.4B · 2,774
- Massachusetts Laborers' Annuity Fund $2.3B · 11,506
- Harvard University Defined Contribution Retirement Plan $2.0B · 14,571
- Tufts University Basic Retirement Plan $1.0B · 5,769
- Massachusetts Financial Services Company Defined Contribution Plan $936M · 1,723
Scale composition for Iron Workers District Council of New England Annuity Fund
Iron Workers District Council of New England Annuity Fund reports $614M in end-of-year assets across 7,659 participants (0.005% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.009% of 89,805,449 covered participants) - about $80,183 per participant (59% of the national average assets-per-participant) . Net income for plan year 2024 was $47M.
This plan identity (EIN 042647320, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $500M to $614M (+22.9%) while covered participants moved from 6,992 to 7,659 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,992 | $500M | Open filing |
| 2023 | 7,428 | $567M | Open filing |
| 2024 · index core | 7,659 | $614M | This page |
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Iron Workers District Council of New England Annuity Fund by total assets, not by location.
- UPS/Ibt Local 2727 Defined Contribution Money Purchase Pension Plan (KY) $618M · 1,824
- Educational Testing Service 401(a) Retirement Plan (NJ) $593M · 3,097
- Middlebury College Core Retirement Plan (VT) $574M · 1,500
- The Rand Corporation 401(a) Qualified Retirement Plan (CA) $656M · 2,313
Frequently Asked Questions
How did Iron Workers District Council of New England Annuity Fund assets move in 2024? ▼
How have Board of Trustees Iron Workers plan assets changed over time? ▼
Where does Iron Workers District Council of New England Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Iron Workers District Council of New England Annuity Fund? ▼
Next read for Iron Workers District Council of New Eng…
Filing takeaways
Ways to act on Iron Workers District Council of New England Annuity Fund's numbers.
- By total assets, Iron Workers District Council of New England Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Massachusetts. Compare plans
- Board of Trustees Iron Workers's sponsor-wide assets have grown 22.9% since 2022 across 3 plan years on file. More Construction plans