Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Ironworkers Local No. 55 Pension Plan Pension Plan

Data updated 2026-08-25

$217M
Total assets Near avg plan size
595
Participants Below avg headcount
95th
Percentile by assets National rank
$365,462
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#8,474
in Construction (9,039 peers)
+6.7%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Ironworkers Local No 55 Pension Plan's outsized position by total assets

Ironworkers Local No 55 Pension Plan vs every filed plan by assets

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

$217,449,786 Top 5% higher than 95% 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 No 55 Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ironworkers Local No 55 Pension Plan sits mid-pack in the medium band (595 participants).

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 346682351 · Board of Trustees Ironworkers Local No. 55 Pension Plan PY 2024 · Defined Benefit (Pension)

Ironworkers Local No 55 Pension Plan · $217M · 595 · 95th

  • PART $217M
  • TYPE 595
  • NET 95th
  • BOOK Defined Benefit (Pension)
  • VS-ST near United Food and Commercial Workers Local 1546 Pension Plan
  • BOY ind #8474

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 Ohio →

Ironworkers Local No 55 Pension Plan in the asset neighbourhood

Retirement Plan for Employees of Rehabilitation Institute of ChicagoRetirement Plan for Employee…$217MUnited Food and Commercial Workers Local 1546 Pension PlanUnited Food and Commercial W…$217MIronworkers Local No 55 Pension PlanIronworkers Local No 55 Pens…$217MIndiana Farm Bureau Retirement PlanIndiana Farm Bureau Retireme…$217MHorizon Blue Cross Blue Shield of Nj Employees Retirement Plan IIHorizon Blue Cross Blue Shie…$217M
End-of-year total assets ($M) among Ironworkers Local No 55 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$204M
Net Assets (End of Year)$217M
Net Income$14M
Employer EIN346682351
Plan Effective Date1962-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Ironworkers Local No. 55 Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees Ironworkers Local No. 55 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$217M 16.558476405274085% vs 2022
2024 filing year
$180M$190M$200M$210M$220M$230M 202220232024 $187M $217M ▲ +16.6%
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 Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Ironworkers Local No 55 Pension Plan, Total assets ($B): 0.217449786 · Participants: 595Ironworkers Local No 55 Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Ironworkers Local No 55 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Ironworkers Local No 55 Pension Plan side-by-side with 3 peers →

Ironworkers Local No 55 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is United Food and Commercial Workers Local 1546 Pension Plan in IL ($217M); by covered participants it is Mgic Pension Plan in WI (594 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (595 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 No 55 Pension Plan assets move in 2024? ▼
Ironworkers Local No 55 Pension Plan grew at a solid clip - up 6.7% during 2024, from $204M to $217M. Reported net income was $14M.
How have Board of Trustees Ironworkers Local No. 55 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Ironworkers Local No. 55 Pension Plan's sponsor-wide assets grew 16.6%, from $187M to $217M.
Where does Ironworkers Local No 55 Pension Plan rank by assets among Form 5500 filers? ▼
Ironworkers Local No 55 Pension Plan ranks in the 95th 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 Ironworkers Local No 55 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is United Food and Commercial Workers Local 1546 Pension Plan in IL ($217M, 4,471 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ironworkers Local No 55 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mgic Pension Plan in WI (594 participants, $401M in assets).

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 346682351.

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.