Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees, Ironworkers Local #16 Pension Plan Pension Plan
Data updated 2026-08-25
- $127M
- Total assets Near avg plan size
- 110
- Participants Small participant base
- 92nd
- Percentile by assets National rank
- $1.2M
- Avg per participant High balance/head
Official DOL plan name: Ironworkers Local #16 Pension Plan · Sponsored by Board of Trustees, Ironworkers Local #16 Pension Plan · Washington · Construction
$127M in assets, 110 participants
Board of Trustees, Ironworkers Local #16 Pension Plan's Ironworkers Local #16 Pension Plan reported $127M in total assets and 110 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- #8,185 in Construction (9,039 peers)
Coverage in Washington
Ironworkers Local #16 Pension Plan covers 110 participants in Washington, about 7% of the average Washington filer (state average ~1,476 per filing). Assets: $127M.
- #8,185
- in Construction (9,039 peers)
- -2.0%
- assets change YoY
- 1.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Ironworkers Local #16 Pension Plan's outsized position by total assets
Ironworkers Local #16 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$126,740,298 Top 8% higher than 92% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Ironworkers Local #16 Pension Plan 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. Ironworkers Local #16 Pension Plan sits mid-pack in the medium band (110 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Ironworkers Local #16 Pension Plan reported net income fell from $65M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Ironworkers Local #16 Pension Plan reported participants fell from 117 in the plan year 2023 filing to 110 in the plan year 2024 filing.
- Ironworkers Local #16 Pension Plan end-of-year assets fell from $129M in the plan year 2023 filing to $127M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 526148924 · Board of Trustees, Ironworkers Local #16 Pension Plan PY 2024 · Defined Benefit (Pension)
Ironworkers Local #16 Pension Plan · $127M · 110 · 92nd
- TYPE $127M
- TYPE 110
- TYPE 92nd
- TYPE Defined Benefit (Pension)
- TYPE near Willkie Farr & Gallagher LLP Partner Pension Plan
- TYPE ind #8185
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 Washington →
Ironworkers Local #16 Pension Plan in the asset neighbourhood
Washington filing particulars
| Total Assets (Beginning of Year) | $129M |
|---|---|
| Net Assets (End of Year) | $122M |
| Net Income | -$3M |
| Employer EIN | 526148924 |
| Plan Effective Date | 1960-07-19 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Ironworkers Local #16 Pension Plan)
Sponsor-wide plan assets over time
All Board of Trustees, Ironworkers Local #16 Pension Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $127M 96.10009294076602% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 167 | $65M |
| 2023 | 1 | 117 | $129M |
| 2024 | 1 | 110 | $127M |
Nearby Defined Benefit (Pension) Plans in Washington
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Western Conference of Teamsters Pension Plan $56.4B · 231,156
- The Pension Value Plan for Employees of the Boeing Company $23.3B · 29,538
- The Boeing Company Employee Retirement Plan $15.4B · 31,398
- Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan $3.3B · 8,695
- Paccar Inc Retirement Plan $2.7B · 10,345
Ironworkers Local #16 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Washington, the nearest Defined Benefit (Pension) by assets is Willkie Farr & Gallagher LLP Partner Pension Plan in NY ($127M); by covered participants it is York International Corporation Pension Plan Number Fifteen in WI (110 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($127M here).
- Willkie Farr & Gallagher LLP Partner Pension Plan (NY) $127M · 261
- Pension Plan for Kapl Employees in Participating Bargaining Units (PA) $127M · 141
- Comau LLC Employees' Retirement Income Plan (MI) $127M · 321
- Nfl Player Cash Balance Plan (MD) $127M · 1,317
Similar participant headcount
Nearest other-state filings by covered participants (110 participants); asset peers above are excluded.
- York International Corporation Pension Plan Number Fifteen (WI) 110 · 0 off
- Pension Plan of Volvo Cars of North America, LLC (NJ) 110 · 0 off
- Ketjen LLC Pension Plan for Represented Employees in Houston, Texas (TX) 110 · 0 off
- Major League Baseball Pension Plan for Non-Uniformed Personnel (CA) 110 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.