Money Purchase · DOL Form 5500 · 2024

Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund Money Purchase Plan

Data updated 2026-08-11

$9M
Total assets
941
Participants
54th
Percentile by assets
$9,680
Avg per participant
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Official DOL plan name: Greater South Florida Ironworkers Annuity Trust Fu · Sponsored by Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund · Pennsylvania · Finance & Insurance

$9M in assets, 941 participants

Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund's Greater South Florida Ironworkers Annuity Trust Fu reported $9M in total assets and 941 participants in its 2024 DOL Form 5500 filing, ranking in the 54th 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.

  • 54th percentile by assets (of 123,622 plans)
  • #3,224 in Finance & Insurance (8,549 peers)

Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund multi-year trail

Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund's plans moved +27.1% in assets from 2022 to 2024; this filing shows Greater South Florida Ironworkers Annuity Trust Fu at $9M / 941 participants.

$9M
total plan assets (2024 EOY)
941
covered participants
54th
percentile by assets (of 123,622 plans)
$9,680
avg assets per participant

The plan reported a net loss of $77K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Greater South Florida Ironworkers Annuity Trust Fu reported net income fell from $2M in the plan year 2023 filing to -$77K in the plan year 2024 filing.
  • Greater South Florida Ironworkers Annuity Trust Fu reported participants rose from 526 in the plan year 2023 filing to 941 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund across 3 plan years on file

Across the 3 plan years Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $9M, a gain of 27.1%, while reported participants moved from 496 to 941 (+89.7%). Peak year by sponsor assets: 2023 ($9M); trough: 2022 ($7M).

Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund multi-year asset trail

$6M$7M$8M$9M$10M 202220232024 $7.17M $9.11M â–˛ +27.1%
Total plan assets by year, all Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 496 $7M
2023 1 526 $9M
2024 1 941 $9M

Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income-$77K
Employer EIN542189207
Plan Effective Date2005-10-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Pennsylvania

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Greater South Florida Ironworkers Annuity Trust Fu vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants

Greater South Florida Ironworkers Annuity Trust Fu vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 01000200030004000 -20002004006008001000 Total assets ($M) Participants Greater South Florid…Central Pennsylvania…Duane Morris Retirem…IBEW Local Union 375…Milton Hershey Schoo…Retirement Plan for …
Greater South Florida Ironworkers Annuity Trust Fu vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Greater South Florida Ironworkers Annuity Trust Fu by total assets, not by location.

Frequently Asked Questions

How did Greater South Florida Ironworkers Annuity Trust Fu assets move in 2024?
Greater South Florida Ironworkers Annuity Trust Fu held essentially flat - down 0.8% during 2024, from $9M to $9M. Reported net income was -$77K.
How have Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Ironworkers Local Union No. 402 Annuity Trust Fund's sponsor-wide assets grew 27.1%, from $7M to $9M.
Which Money Purchase plans are similar in size to Greater South Florida Ironworkers Annuity Trust Fu?
Among Money Purchase plans in other states, the closest by assets is Bricklayers Local No 21 of PA Pension Plan in NJ ($9M, 58 participants).

Next read for Greater South Florida Ironworkers Annuit…

Multi-year trail

Ways to act on Greater South Florida Ironworkers Annuity Trust Fu's numbers.