Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Ironworkers Local No. 55 Pension Plan Pension Plan
Data updated 2026-08-11
- $217M
- Total assets
- 595
- Participants
- 95th
- Percentile by assets
- $365,462
- Avg per participant
Official DOL plan name: Ironworkers Local No 55 Pension Plan · Sponsored by Board of Trustees Ironworkers Local No. 55 Pension Plan · Ohio · Construction
$217M in assets, 595 participants
Board of Trustees Ironworkers Local No. 55 Pension Plan's Ironworkers Local No 55 Pension Plan reported $217M in total assets and 595 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 123,622 plans)
- #8,474 in Construction (9,039 peers)
Where Ironworkers Local No 55 Pension Plan sits by assets
Ironworkers Local No 55 Pension Plan sits in the top 5% of all filed plans by assets, $217M for 595 participants (~$365,462/participant), up 6.7% in 2024.
- $217M
- total plan assets (2024 EOY)
- 595
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $365,462
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Ironworkers Local No 55 Pension Plan reported net income fell from $17M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- Ironworkers Local No 55 Pension Plan end-of-year assets rose from $204M in the plan year 2023 filing to $217M in the plan year 2024 filing.
Ironworkers Local No 55 Pension Plan vs the 2024 asset distribution
By assets, Ironworkers Local No 55 Pension Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $204M |
|---|---|
| Net Assets (End of Year) | $217M |
| Net Income | $14M |
| Employer EIN | 346682351 |
| Plan Effective Date | 1962-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Ironworkers Local No. 55 Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 635 | $187M |
| 2023 | 1 | 591 | $204M |
| 2024 | 1 | 595 | $217M |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Ironworkers Local No 55 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- GE Aerospace Pension Plan $19.0B · 9,637
- Firstenergy Corp. Master Pension Plan $6.5B · 12,187
- American Electric Power System Retirement Plan $4.1B · 16,073
- Ohio Operating Engineers Pension Plan $3.9B · 10,387
- Parker Defined Benefit Pension Plan $3.5B · 8,120
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Ironworkers Local No 55 Pension Plan by total assets, not by location.
Frequently Asked Questions
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How have Board of Trustees Ironworkers Local No. 55 Pension Plan plan assets changed over time? ▼
Where does Ironworkers Local No 55 Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for Ironworkers Local No 55 Pension Plan
Scale reading
Ways to act on Ironworkers Local No 55 Pension Plan's numbers.
- By total assets, Ironworkers Local No 55 Pension Plan 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 Ohio. Compare plans
- Board of Trustees Ironworkers Local No. 55 Pension Plan's sponsor-wide assets have grown 16.6% since 2022 across 3 plan years on file. More Construction plans