Money Purchase · DOL Form 5500 · 2024
Ironworkers Local 380 Retirement and Sev Fund Money Purchase Plan
Data updated 2026-08-06
- $36M
- Total assets
- 1,118
- Participants
- 80th
- Percentile by assets
- $31,818
- Avg per participant
Official DOL plan name: Ironworkers Local 380 Retirement and Severance Plan · Sponsored by Ironworkers Local 380 Retirement and Sev Fund · Illinois · Construction
$36M in assets, 1,118 participants
Ironworkers Local 380 Retirement and Sev Fund's Ironworkers Local 380 Retirement and Severance Plan reported $36M in total assets and 1,118 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.
- 80th percentile by assets (of 116,472 plans)
- #6,635 in Construction (8,304 peers)
Where Ironworkers Local 380 Retirement and Severance Plan sits by assets
Ironworkers Local 380 Retirement and Severance Plan sits in the top quartile of all filed plans by assets, $36M for 1,118 participants (~$31,818/participant), up 6.0% in 2024.
- $36M
- total plan assets (2024 EOY)
- 1,118
- covered participants
- 80th
- percentile by assets (of 116,472 plans)
- $31,818
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Ironworkers Local 380 Retirement and Severance Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Ironworkers Local 380 Retirement and Severance Plan end-of-year assets rose from $34M in the plan year 2023 filing to $36M in the plan year 2024 filing.
- Ironworkers Local 380 Retirement and Severance Plan reported participants rose from 1,079 in the plan year 2023 filing to 1,118 in the plan year 2024 filing.
Ironworkers Local 380 Retirement and Severance Plan vs the 2024 asset distribution
By assets, Ironworkers Local 380 Retirement and Severance Plan outranks 80% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $34M |
|---|---|
| Net Assets (End of Year) | $35M |
| Net Income | $2M |
| Employer EIN | 376122834 |
| Plan Effective Date | 1972-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ironworkers Local 380 Retirement and Sev Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 907 | $31M |
| 2023 | 1 | 1,079 | $34M |
| 2024 | 1 | 1,118 | $36M |
Nearby Money Purchase Plans in Illinois
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Ironworkers Local 380 Retirement and Severance Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants
- Retirement Plan for Employees of Fermi Research Alliance, LLC $796M · 1,782
- NECA-IBEW Local 176 Pension Trust Fund $725M · 2,204
- NECA-IBEW Local 364 Defined Contribution Plan $489M · 944
- International Association of Heat and Frost Insulators Local 17 Annuity Fund $216M · 1,188
- Sheet Metal Workers Local 219 Retirement Savings Fund $210M · 936
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Ironworkers Local 380 Retirement and Severance Plan by total assets, not by location.
- Plumbers & Steamfitters Local 565 Pension Plan (WV) $35M · 632
- East Bay Restaurant & Tavern Retirement Plan (CA) $36M · 4,313
- IBEW Local #241 Annuity Plan (NY) $36M · 179
- Redwood Credit Union Target Benefit Plan (CA) $36M · 111
Frequently Asked Questions
How did Ironworkers Local 380 Retirement and Severance Plan assets move in 2024? ▼
How have Ironworkers Local 380 Retirement and Sev Fund plan assets changed over time? ▼
Where does Ironworkers Local 380 Retirement and Severance Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Ironworkers Local 380 Retirement and Severance Plan? ▼
Next read for Ironworkers Local 380 Retirement and Sev…
Scale reading
Ways to act on Ironworkers Local 380 Retirement and Severance Plan's numbers.
- By total assets, Ironworkers Local 380 Retirement and Severance Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Illinois. Compare plans
- Ironworkers Local 380 Retirement and Sev Fund's sponsor-wide assets have grown 16.2% since 2022 across 3 plan years on file. More Construction plans