Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Iron Workers Pension Plan

Data updated 2026-08-25

$683M
Total assets Above avg plan size
2,297
Participants Above avg headcount
98th
Percentile by assets National rank
$297,388
Avg per participant High balance/head
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Official DOL plan name: Iron Workers District Council of New England Pension Fund · Sponsored by Board of Trustees Iron Workers · Massachusetts · Construction

$683M in assets, 2,297 participants

Board of Trustees Iron Workers's Iron Workers District Council of New England Pension Fund reported $683M in total assets and 2,297 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.

  • #8,839 in Construction (9,039 peers)

Coverage in Massachusetts

Iron Workers District Council of New England Pension Fund covers 2,297 participants in Massachusetts, 3.5x the typical Massachusetts plan (state average ~659 per filing). Assets: $683M.

#8,839
in Construction (9,039 peers)
+6.7%
assets growth YoY
6.9×
vs typical plan assets (national mean)

Iron Workers District Council of New England Pension Fund's outsized position by total assets

Iron Workers District Council of New England Pension Fund vs every filed plan by assets

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

$683,099,451 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 District Council of New England 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 District Council of New England Pension Fund lands in the large band (2,297 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers District Council of New England Pension Fund reported net income fell from $54M in the plan year 2023 filing to $43M in the plan year 2024 filing.
  • Iron Workers District Council of New England Pension Fund end-of-year assets rose from $640M in the plan year 2023 filing to $683M in the plan year 2024 filing.
  • Iron Workers District Council of New England Pension Fund reported participants rose from 2,275 in the plan year 2023 filing to 2,297 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042591016 · Board of Trustees Iron Workers PY 2024 · Defined Benefit (Pension)

Iron Workers District Council of New England Pension Fund · $683M · 2,297 · 98th

  • TYPE $683M
  • NET 2,297
  • BOOK 98th
  • VS-ST Defined Benefit (Pension)
  • BOY near Pension Plan for Certain Inactive Participants of American Water Works Company, Inc. and Its Designa
  • SCH ind #8839

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 Massachusetts →

Iron Workers District Council of New England Pension Fund in the asset neighbourhood

Sharpsaver Retirement Plan$687MIron Workers District Council of New England Pension FundIron Workers District Counci…$683MPension Plan for Certain Inactive Participants of American Water Works Company, Inc. and Its DesignaPension Plan for Certain Ina…$682MJohnson & Johnson Retirement Plan for Puerto Rico EmployeesJohnson & Johnson Retirement…$682MGroup Retirement Income Plan No. 8Group Retirement Income Plan…$680M
End-of-year total assets ($M) among Iron Workers District Council of New England Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$640M
Net Assets (End of Year)$682M
Net Income$43M
Employer EIN042591016
Plan Effective Date1957-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers)

Sponsor-wide plan assets over time

All Board of Trustees Iron Workers plans reported in each filing year

Latest sponsor-wide plan assets
$683M 16.593042166449504% vs 2022
2024 filing year
$550M$600M$650M$700M 202220232024 $586M $683M ▲ +16.6%
Year Plans Participants Total Assets
2022 1 2,369 $586M
2023 1 2,275 $640M
2024 1 2,297 $683M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Iron Workers District Council of New England Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Iron Workers District Council of New England Pension Fund, Total assets ($B): 0.683099451 · Participants: 2297Iron Workers District Council of New England Pension FundConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Iron Workers District Council of New England Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Iron Workers District Council of New England Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Pension Plan for Certain Inactive Participants of American Water Works Company, Inc. and Its Designa in NJ ($682M); by covered participants it is Local 68 Engineers Union Pension Plan in NJ (2,298 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,297 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 District Council of New England Pension Fund assets move in 2024?
Iron Workers District Council of New England Pension Fund grew at a solid clip - up 6.7% during 2024, from $640M to $683M. Reported net income was $43M.
How have Board of Trustees Iron Workers plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers's sponsor-wide assets grew 16.6%, from $586M to $683M.
Where does Iron Workers District Council of New England Pension Fund rank by assets among Form 5500 filers?
Iron Workers District Council of New England 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 District Council of New England Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Certain Inactive Participants of American Water Works Company, Inc. and Its Designa in NJ ($682M, 2 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers District Council of New England Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local 68 Engineers Union Pension Plan in NJ (2,298 participants, $462M in assets).