Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Iron Workers Pension Plan

Data updated 2026-08-06

$683M
Total assets: 2,297
Participants: 98th
Percentile by assets: $297,388
Avg per participant

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.

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

Coverage in Massachusetts

Iron Workers District Council of New England Pension Fund covers 2,297 participants in Massachusetts, 3.6x the typical Massachusetts plan (state average ~641 per filing). Assets: $683M.

$683M
total plan assets (2024 EOY): 2,297
covered participants: 98th
percentile by assets (of 116,472 plans): $297,388
avg assets per participant

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 →

State

Massachusetts

Industry

Construction

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Iron Workers District Council of New England Pension Fund reports 2,297 participants - 3.6x that state average ($683M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$640M
Net Assets (End of Year)	$682M
Net Income	$43M
Employer EIN	042591016
Plan Effective Date	1957-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Iron Workers)

Total plan assets by year, all Board of Trustees Iron Workers plans on file

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

Liberty Mutual Retirement Benefit Plan $6.3B · 34,910
Massachusetts Institute of Technology Basic Retirement Plan $5.9B · 12,533
N. Atlantic States Carp. Pension Fund $5.1B · 16,946
N. Atlantic States Carp. Guaranteed Annuity Fund $3.8B · 10,943
Massachusetts Laborers' Pension Fund $2.5B · 10,203

Compare Iron Workers District Council of New Eng… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Iron Workers District Council of New England Pension Fund by total assets, not by location.

Pension Plan for Certain Inactive Participants of American Water Works Company, Inc. and Its Designa (NJ) $682M · 2
Johnson & Johnson Retirement Plan for Puerto Rico Employees (NJ) $682M · 3,876
Group Retirement Income Plan No. 8 (IL) $680M · 1,802
Sharpsaver Retirement Plan (CA) $687M · 13,524

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 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 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).

Next read for Iron Workers District Council of New Eng…

Filing takeaways

Ways to act on Iron Workers District Council of New England Pension Fund's numbers.

By total assets, Iron Workers District Council of New England Pension Fund 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 Massachusetts. Compare plans
Board of Trustees Iron Workers's sponsor-wide assets have grown 16.6% 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 042591016.

Read our methodology - how this data is sourced, computed, and verified.

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