Profit Sharing · DOL Form 5500 · 2024

Board of Trustees, Iron Workers Local No. 25 Profit Sharing Plan

Data updated 2026-07-24

$232M
Total assets: 5,319
Participants: 95th
Percentile by assets: $43,546
Avg per participant

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

$232M in assets, 5,319 participants

Board of Trustees, Iron Workers Local No. 25's Iron Workers Defined Contribution Pension Fund Plan reported $232M in total assets and 5,319 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 116,472 plans)

Coverage in Michigan

Iron Workers Defined Contribution Pension Fund Plan covers 5,319 participants in Michigan, 8.4x the typical Michigan plan (state average ~632 per filing). Assets: $232M.

$232M
total plan assets (2024 EOY): 5,319
covered participants: 95th
percentile by assets (of 116,472 plans): $43,546
avg assets per participant

Iron Workers Defined Contribution Pension Fund Plan end-of-year assets rose from $196M in the plan year 2023 filing to $232M in the plan year 2024 filing.
Iron Workers Defined Contribution Pension Fund Plan reported participants rose from 4,617 in the plan year 2023 filing to 5,319 in the plan year 2024 filing.
Iron Workers Defined Contribution Pension Fund Plan reported net income fell from $39M in the plan year 2023 filing to $36M 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 Defined Contribution Pension Fund Plan reports 5,319 participants - 8.4x that state average ($232M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$196M
Net Assets (End of Year)	$231M
Net Income	$36M
Employer EIN	272392474
Plan Effective Date	2010-03-31
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	4,767	$157M
2023	1	4,617	$196M
2024	1	5,319	$232M

Nearby Profit Sharing Plans in Michigan

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

Iron Workers Defined Contribution Pension Fund Plan 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
NECA-IBEW Memphis Retirement Plan $230M · 2,755
Plumbers and Pipefitters Local Union 520 Annuity Plan $220M · 1,639
IBEW Local No 461 Defined Contribution Pension Plan $172M · 1,026

Compare Iron Workers Defined Contribution Pensio… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Iron Workers Defined Contribution Pension Fund Plan by total assets, not by location.

Heat and Frost Insulators Local 34 Pension Fund (MN) $231M · 474
Cfni Retirement Plan (IN) $233M · 6,376
Dillon Companies, LLC Employees' Profit Sharing Plan (KS) $234M · 1,850
Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan (PR) $228M · 758

Frequently Asked Questions

How did Iron Workers Defined Contribution Pension Fund Plan assets move in 2024? ▼

Iron Workers Defined Contribution Pension Fund Plan grew sharply - up 18.4% during 2024, from $196M to $232M. Reported net income was $36M.

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 47.9%, from $157M to $232M.

Where does Iron Workers Defined Contribution Pension Fund Plan rank by assets among Form 5500 filers? ▼

Iron Workers Defined Contribution Pension Fund Plan ranks in the 95th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Iron Workers Defined Contribution Pension Fund Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Heat and Frost Insulators Local 34 Pension Fund in MN ($231M, 474 participants).

Next read for Iron Workers Defined Contribution Pensio…

Filing takeaways

Ways to act on Iron Workers Defined Contribution Pension Fund Plan's numbers.

By total assets, Iron Workers Defined Contribution Pension Fund Plan ranks in the top 5% 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, Iron Workers Local No. 25's sponsor-wide assets have grown 47.9% 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 272392474.

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.