Profit Sharing · DOL Form 5500 · 2024

Iron Workers Local 404 Profit Sharing Plan

Data updated 2026-07-24

$75M
Total assets: 899
Participants: 88th
Percentile by assets: $83,930
Avg per participant

Official DOL plan name: Iron Workers Local Union No. 404 Annuity Fund · Sponsored by Iron Workers Local 404 · Pennsylvania · Construction

$75M in assets, 899 participants

Iron Workers Local 404's Iron Workers Local Union No. 404 Annuity Fund reported $75M in total assets and 899 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

88th percentile by assets (of 116,472 plans)

Where Iron Workers Local Union No. 404 Annuity Fund sits by assets

Iron Workers Local Union No. 404 Annuity Fund sits in the top quartile of all filed plans by assets, $75M for 899 participants (~$83,930/participant), up 6.4% in 2024.

$75M
total plan assets (2024 EOY): 899
covered participants: 88th
percentile by assets (of 116,472 plans): $83,930
avg assets per participant

Iron Workers Local Union No. 404 Annuity Fund end-of-year assets rose from $71M in the plan year 2023 filing to $75M in the plan year 2024 filing.
Iron Workers Local Union No. 404 Annuity Fund reported participants fell from 947 in the plan year 2023 filing to 899 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Construction

Iron Workers Local Union No. 404 Annuity Fund vs the 2024 asset distribution

By assets, Iron Workers Local Union No. 404 Annuity Fund outranks 88% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.8x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$71M
Net Assets (End of Year)	$75M
Net Income	$5M
Employer EIN	251754959
Plan Effective Date	1995-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Iron Workers Local 404)

Total plan assets by year, all Iron Workers Local 404 plans on file

Year	Plans	Participants	Total Assets
2022	1	1,858	$66M
2023	1	947	$71M
2024	1	899	$75M

Nearby Profit Sharing Plans in Pennsylvania

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

Iron Workers Local Union No. 404 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Eastern Atlantic States Carpenters Annuity Fund $2.2B · 14,807
University of Pennsylvania Basic Plan $2.0B · 21,954
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.3B · 3,927
Temple University Health System, Inc. Defined Contribution Retirement Plan $876M · 10,394
Steamfitters Local Union No. 420 Srp $728M · 6,716

Compare Iron Workers Local Union No. 404 Annuity… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Iron Workers Local Union No. 404 Annuity Fund by total assets, not by location.

Preferred Employer Plan II (AZ) $76M · 415
Oneida Healthcare Center 403(b) Plan (NY) $76M · 1,072
Firelands Regional Health System 401(k) Plan (OH) $75M · 1,762
Plumbers & Steamfitters Local No. 300 Pension Plan (ND) $75M · 910

Frequently Asked Questions

How did Iron Workers Local Union No. 404 Annuity Fund assets move in 2024? ▼

Iron Workers Local Union No. 404 Annuity Fund grew at a solid clip - up 6.4% during 2024, from $71M to $75M. Reported net income was $5M.

How have Iron Workers Local 404 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Iron Workers Local 404's sponsor-wide assets grew 13.6%, from $66M to $75M.

Where does Iron Workers Local Union No. 404 Annuity Fund rank by assets among Form 5500 filers? ▼

Iron Workers Local Union No. 404 Annuity Fund ranks in the 88th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Iron Workers Local Union No. 404 Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Preferred Employer Plan II in AZ ($76M, 415 participants).

Next read for Iron Workers Local Union No. 404 Annuity…

Scale reading

Ways to act on Iron Workers Local Union No. 404 Annuity Fund's numbers.

By total assets, Iron Workers Local Union No. 404 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
Iron Workers Local 404's sponsor-wide assets have grown 13.6% 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 251754959.

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.