Money Purchase · DOL Form 5500 · 2024

Ironworkers Local 380 Retirement and Sev Fund Money Purchase Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
1,118
Participants Near avg headcount
80th
Percentile by assets National rank
$31,818
Avg per participant Low balance/head
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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.

  • #7,064 in Construction (9,039 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.

#7,064
in Construction (9,039 peers)
+6.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Ironworkers Local 380 Retirement and Severance Plan's outsized position by total assets

Ironworkers Local 380 Retirement and Severance Plan vs every filed plan by assets

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

$35,572,778 Top 20% higher than 80% 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

Ironworkers Local 380 Retirement and Severance Plan'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. Ironworkers Local 380 Retirement and Severance Plan lands in the large band (1,118 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 376122834 · Ironworkers Local 380 Retirement and Sev Fund PY 2024 · Money Purchase

Ironworkers Local 380 Retirement and Severance Plan · $36M · 1,118 · 80th

  • TYPE $36M
  • NET 1,118
  • BOOK 80th
  • VS-ST Money Purchase
  • BOY near Plumbers & Steamfitters Local 565 Pension Plan
  • SCH ind #7064

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 Illinois →

Ironworkers Local 380 Retirement and Severance Plan in the asset neighbourhood

IBEW Local #241 Annuity Plan$36MEast Bay Restaurant & Tavern Retirement PlanEast Bay Restaurant & Tavern…$36MIronworkers Local 380 Retirement and Severance PlanIronworkers Local 380 Retire…$36MPlumbers & Steamfitters Local 565 Pension PlanPlumbers & Steamfitters Loca…$35MIron Workers Local 451 Annuity FundIron Workers Local 451 Annui…$35M
End-of-year total assets ($M) among Ironworkers Local 380 Retirement and Severance Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$35M
Net Income$2M
Employer EIN376122834
Plan Effective Date1972-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ironworkers Local 380 Retirement and Sev Fund)

Sponsor-wide plan assets over time

All Ironworkers Local 380 Retirement and Sev Fund plans reported in each filing year

Latest sponsor-wide plan assets
$36M 16.244796147810398% vs 2022
2024 filing year
$30M$32M$34M$36M$38M 202220232024 $30.6M $35.6M ▲ +16.2%
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 Scatter plot of 6 data points. 5001000150020002500 -20002004006008001000 Total assets ($M) Participants Ironworkers Local 380 Retirement and Severance Plan, Total assets ($M): 35.572778 · Participants: 1118Ironworkers Local 380 Retirement and Severance PlanRetirement Plan for Employees of Fermi Research Alliance, LLC, Total assets ($M): 795.953748 · Participants: 1782Retirement Plan for Employees of Fermi Research Alliance, LLCNECA-IBEW Local 176 Pension Trust Fund, Total assets ($M): 724.821974 · Participants: 2204NECA-IBEW Local 176 Pension Trust FundNECA-IBEW Local 364 Defined Contribution Plan, Total assets ($M): 489.386942 · Participants: 944NECA-IBEW Local 364 Defined Contribution PlanInternational Association of Heat and Frost Insulators Local 17 Annuity Fund, Total assets ($M): 215.659803 · Participants: 1188International Association of Heat and Frost Insulators Local 17 Annuity FundSheet Metal Workers Local 219 Retirement Savings Fund, Total assets ($M): 209.670961 · Participants: 936Sheet Metal Workers Local 219 Retirement Savings Fund
Ironworkers Local 380 Retirement and Severance Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants

Ironworkers Local 380 Retirement and Severance Plan's out-of-state Money Purchase peers by assets and headcount

Outside Illinois, the nearest Money Purchase by assets is Plumbers & Steamfitters Local 565 Pension Plan in WV ($35M); by covered participants it is Sup Money Purchase Pension Plan in CA (1,119 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($36M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,118 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 Ironworkers Local 380 Retirement and Severance Plan assets move in 2024? ▼
Ironworkers Local 380 Retirement and Severance Plan grew at a solid clip - up 6.0% during 2024, from $34M to $36M. Reported net income was $2M.
How have Ironworkers Local 380 Retirement and Sev Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ironworkers Local 380 Retirement and Sev Fund's sponsor-wide assets grew 16.2%, from $31M to $36M.
Where does Ironworkers Local 380 Retirement and Severance Plan rank by assets among Form 5500 filers? ▼
Ironworkers Local 380 Retirement and Severance Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Ironworkers Local 380 Retirement and Severance Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Plumbers & Steamfitters Local 565 Pension Plan in WV ($35M, 632 participants).
Which Money Purchase plans cover a similar participant headcount to Ironworkers Local 380 Retirement and Severance Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Sup Money Purchase Pension Plan in CA (1,119 participants, $44M in assets).