Profit Sharing · DOL Form 5500 · 2024

Board of Trustees of Iron Workers Local 17 Annuity Fund Profit Sharing Plan

Data updated 2026-07-24

$101M
Total assets: 1,290
Participants: 91st
Percentile by assets: $78,277
Avg per participant

Official DOL plan name: Iron Workers Local 17 Annuity Fund · Sponsored by Board of Trustees of Iron Workers Local 17 Annuity Fund · Michigan · Construction

$101M in assets, 1,290 participants

Board of Trustees of Iron Workers Local 17 Annuity Fund's Iron Workers Local 17 Annuity Fund reported $101M in total assets and 1,290 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 116,472 plans)

Coverage in Michigan

Iron Workers Local 17 Annuity Fund covers 1,290 participants in Michigan, 2.0x the typical Michigan plan (state average ~632 per filing). Assets: $101M.

$101M
total plan assets (2024 EOY): 1,290
covered participants: 91st
percentile by assets (of 116,472 plans): $78,277
avg assets per participant

Iron Workers Local 17 Annuity Fund end-of-year assets rose from $89M in the plan year 2023 filing to $101M in the plan year 2024 filing.
Iron Workers Local 17 Annuity Fund reported net income fell from $13M in the plan year 2023 filing to $11M in the plan year 2024 filing.
Iron Workers Local 17 Annuity Fund reported participants rose from 1,160 in the plan year 2023 filing to 1,290 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Iron Workers Local 17 Annuity Fund reports 1,290 participants - 2.0x that state average ($101M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$89M
Net Assets (End of Year)	$100M
Net Income	$11M
Employer EIN	341290643
Plan Effective Date	1971-12-20
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of Iron Workers Local 17 Annuity Fund)

Total plan assets by year, all Board of Trustees of Iron Workers Local 17 Annuity Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	975	$76M
2023	1	1,160	$89M
2024	1	1,290	$101M

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Iron Workers Local 17 Annuity Fund vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Henry Ford Health System Retirement Savings Plan $1.8B · 13,461
Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $340M · 1,472
Iron Workers Defined Contribution Pension Fund Plan $232M · 5,319
NECA-IBEW Memphis Retirement Plan $230M · 2,755
Plumbers and Pipefitters Local Union 520 Annuity Plan $220M · 1,639

Compare Iron Workers Local 17 Annuity Fund side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Iron Workers Local 17 Annuity Fund by total assets, not by location.

Larson Manufacturing Company Employee Profit Sharing Plan (IL) $101M · 352
Buyers Products Company Employees Profit Sharing Plan (OH) $101M · 689
Thatcher Company Profit Sharing Plan (UT) $101M · 536
Educational Commission for Foreign Medical Graduates 403(b) Plan (PA) $101M · 347

Frequently Asked Questions

How did Iron Workers Local 17 Annuity Fund assets move in 2024? ▼

Iron Workers Local 17 Annuity Fund grew at a solid clip - up 13.5% during 2024, from $89M to $101M. Reported net income was $11M.

How have Board of Trustees of Iron Workers Local 17 Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of Iron Workers Local 17 Annuity Fund's sponsor-wide assets grew 33.1%, from $76M to $101M.

Where does Iron Workers Local 17 Annuity Fund rank by assets among Form 5500 filers? ▼

Iron Workers Local 17 Annuity Fund ranks in the 91st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Iron Workers Local 17 Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Larson Manufacturing Company Employee Profit Sharing Plan in IL ($101M, 352 participants).

Next read for Iron Workers Local 17 Annuity Fund

Filing takeaways

Ways to act on Iron Workers Local 17 Annuity Fund's numbers.

By total assets, Iron Workers Local 17 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
Board of Trustees of Iron Workers Local 17 Annuity Fund's sponsor-wide assets have grown 33.1% since 2022 across 3 plan years on file. More Construction 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 341290643.

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.