Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Iron Workers Local No. 25 Pension Plan

Data updated 2026-08-11

$565M
Total assets: 1,839
Participants: 97th
Percentile by assets: $307,260
Avg per participant

Official DOL plan name: Iron Workers' Local No. 25 Pension Fund · Sponsored by Board of Trustees, Iron Workers Local No. 25 · Michigan · Construction

$565M in assets, 1,839 participants

Board of Trustees, Iron Workers Local No. 25's Iron Workers' Local No. 25 Pension Fund reported $565M in total assets and 1,839 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 123,622 plans)
#8,799 in Construction (9,039 peers)

Coverage in Michigan

Iron Workers' Local No. 25 Pension Fund covers 1,839 participants in Michigan, 2.9x the typical Michigan plan (state average ~638 per filing). Assets: $565M.

$565M
total plan assets (2024 EOY): 1,839
covered participants: 97th
percentile by assets (of 123,622 plans): $307,260
avg assets per participant

Iron Workers' Local No. 25 Pension Fund reported net income rose from $8M in the plan year 2023 filing to $10M in the plan year 2024 filing.
Iron Workers' Local No. 25 Pension Fund reported participants rose from 1,794 in the plan year 2023 filing to 1,839 in the plan year 2024 filing.
Iron Workers' Local No. 25 Pension Fund end-of-year assets rose from $555M in the plan year 2023 filing to $565M 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 638 participants across 4,220 plans. Iron Workers' Local No. 25 Pension Fund reports 1,839 participants - 2.9x that state average ($565M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$555M
Net Assets (End of Year)	$563M
Net Income	$10M
Employer EIN	386056780
Plan Effective Date	1956-05-08
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees, Iron Workers Local No. 25)

Total plan assets by year, all Board of Trustees, Iron Workers Local No. 25 plans on file

Year	Plans	Participants	Total Assets
2022	1	1,766	$555M
2023	1	1,794	$555M
2024	1	1,839	$565M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Iron Workers' Local No. 25 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
Ford Motor Company UAW Retirement Plan $17.8B · 25,742
Ford Motor Company General Retirement Plan $12.1B · 8,585
Dow Employees' Pension Plan $10.9B · 6,888
Fca US LLC UAW Pension Agreement $10.3B · 12,752

Compare Iron Workers' Local No. 25 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Iron Workers' Local No. 25 Pension Fund by total assets, not by location.

Ahold USA, Inc. Pension Plan (MA) $566M · 2,001
Gmp & Employers Pension Plan (OH) $566M · 2,397
Graphic Arts Industry Joint Pension Trust (VA) $567M · 467
Retirement Plan for Employees of the Univ of Miami (FL) $567M · 1,919

Frequently Asked Questions

How did Iron Workers' Local No. 25 Pension Fund assets move in 2024? ▼

Iron Workers' Local No. 25 Pension Fund edged up modestly - up 1.8% during 2024, from $555M to $565M. Reported net income was $10M.

How have Board of Trustees, Iron Workers Local No. 25 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees, Iron Workers Local No. 25's sponsor-wide assets grew 1.8%, from $555M to $565M.

Where does Iron Workers' Local No. 25 Pension Fund rank by assets among Form 5500 filers? ▼

Iron Workers' Local No. 25 Pension Fund ranks in the 97th 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 Iron Workers' Local No. 25 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Ahold USA, Inc. Pension Plan in MA ($566M, 2,001 participants).

Next read for Iron Workers' Local No. 25 Pension Fund

Filing takeaways

Ways to act on Iron Workers' Local No. 25 Pension Fund's numbers.

By total assets, Iron Workers' Local No. 25 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
Board of Trustees, Iron Workers Local No. 25's sponsor-wide assets have grown 1.8% 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 386056780.