Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Atlanta Ironworkers Local 387 Pension Pl Pension Plan

Data updated 2026-08-11

$136M
Total assets: 723
Participants: 92nd
Percentile by assets: $187,453
Avg per participant

Official DOL plan name: Atlanta Ironworkers Local #387 Pension Plan · Sponsored by Board of Trustees Atlanta Ironworkers Local 387 Pension Pl · Tennessee · Finance & Insurance

$136M in assets, 723 participants

Board of Trustees Atlanta Ironworkers Local 387 Pension Pl's Atlanta Ironworkers Local #387 Pension Plan reported $136M in total assets and 723 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 123,622 plans)
#7,521 in Finance & Insurance (8,549 peers)

Where Atlanta Ironworkers Local #387 Pension Plan sits by assets

Atlanta Ironworkers Local #387 Pension Plan sits in the top 10% of all filed plans by assets, $136M for 723 participants (~$187,453/participant), up 5.3% in 2024.

$136M
total plan assets (2024 EOY): 723
covered participants: 92nd
percentile by assets (of 123,622 plans): $187,453
avg assets per participant

Atlanta Ironworkers Local #387 Pension Plan reported net income rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
Atlanta Ironworkers Local #387 Pension Plan reported participants rose from 574 in the plan year 2023 filing to 723 in the plan year 2024 filing.
Atlanta Ironworkers Local #387 Pension Plan end-of-year assets rose from $129M in the plan year 2023 filing to $136M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Tennessee

Industry

Finance & Insurance

Atlanta Ironworkers Local #387 Pension Plan vs the 2024 asset distribution

By assets, Atlanta Ironworkers Local #387 Pension Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$129M
Net Assets (End of Year)	$132M
Net Income	$6M
Employer EIN	586051152
Plan Effective Date	1966-03-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Atlanta Ironworkers Local 387 Pension Pl)

Total plan assets by year, all Board of Trustees Atlanta Ironworkers Local 387 Pension Pl plans on file

Year	Plans	Participants	Total Assets
2022	1	658	$124M
2023	1	574	$129M
2024	1	723	$136M

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Atlanta Ironworkers Local #387 Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

Fedex Corporation Employees' Pension Plan $26.9B · 125,941
Retirement Plan of International Paper Company $8.2B · 20,795
Pace Industry Union-Management Pension Fund $2.8B · 3,134
Pension Plan for Employees at Ornl $2.4B · 6,357
Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee $2.0B · 2,516

Compare Atlanta Ironworkers Local #387 Pension P… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Atlanta Ironworkers Local #387 Pension Plan by total assets, not by location.

Pmc Business Pension Plan (WI) $136M · 188
Seaboard Corporation Pension Plan (KS) $136M · 351
Dairy Industry - Union Pension Plan for Philadelphia and Vicinity (NJ) $136M · 350
Northern Mn-Wi Area Retail Clerks Pension Fund (MN) $136M · 1,668

Frequently Asked Questions

How did Atlanta Ironworkers Local #387 Pension Plan assets move in 2024? ▼

Atlanta Ironworkers Local #387 Pension Plan grew at a solid clip - up 5.3% during 2024, from $129M to $136M. Reported net income was $6M.

How have Board of Trustees Atlanta Ironworkers Local 387 Pension Pl plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Atlanta Ironworkers Local 387 Pension Pl's sponsor-wide assets grew 9.5%, from $124M to $136M.

Where does Atlanta Ironworkers Local #387 Pension Plan rank by assets among Form 5500 filers? ▼

Atlanta Ironworkers Local #387 Pension Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Atlanta Ironworkers Local #387 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Pmc Business Pension Plan in WI ($136M, 188 participants).

Next read for Atlanta Ironworkers Local #387 Pension P…

Scale reading

Ways to act on Atlanta Ironworkers Local #387 Pension Plan's numbers.

By total assets, Atlanta Ironworkers Local #387 Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Tennessee. Compare plans
Board of Trustees Atlanta Ironworkers Local 387 Pension Pl's sponsor-wide assets have grown 9.5% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 586051152.