Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Iron Workers Local 580 Shop Pension Fund Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
N/A
Participants Small participant base
42nd
Percentile by assets National rank
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Official DOL plan name: Iron Workers Local 580 Shop Pension Fund · Sponsored by Board of Trustees Iron Workers Local 580 Shop Pension Fund · New York · Construction

$5M in assets, N/A participants

Board of Trustees Iron Workers Local 580 Shop Pension Fund's Iron Workers Local 580 Shop Pension Fund reported $5M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #3,671 in Construction (9,039 peers)

Board of Trustees Iron Workers Local 580 Shop Pension Fund multi-year trail

Board of Trustees Iron Workers Local 580 Shop Pension Fund's plans moved -29.4% in assets from 2022 to 2024; this filing shows Iron Workers Local 580 Shop Pension Fund at $5M / N/A participants.

#3,671
in Construction (9,039 peers)
-19.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Iron Workers Local 580 Shop Pension Fund's mid-pack asset rank among Construction and all filers

Iron Workers Local 580 Shop Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,065,485 42nd percentile higher than 42% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers Local 580 Shop Pension Fund reported net income fell from -$940K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Iron Workers Local 580 Shop Pension Fund end-of-year assets fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 136613876 · Board of Trustees Iron Workers Local 580 Shop Pension Fund PY 2024 · Defined Benefit (Pension)

Iron Workers Local 580 Shop Pension Fund · $5M · N/A · 42nd

  • BOOK $5M
  • VS-ST N/A
  • BOY 42nd
  • SCH Defined Benefit (Pension)
  • EBSA near Cathy Waterman, Inc. Defined Benefit Pension Plan
  • PART ind #3671

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in New York →

Iron Workers Local 580 Shop Pension Fund in the asset neighbourhood

Iron Workers Local 580 Shop Pension FundIron Workers Local 580 Shop …$5MCathy Waterman, Inc. Defined Benefit Pension PlanCathy Waterman, Inc. Defined…$5MHeathary Resources, Inc. Retirement PlanHeathary Resources, Inc. Ret…$5MThe Challenge Machinery Company Frozen Defined Benefit PlanThe Challenge Machinery Comp…$5MEide Bailly Equity Partner Retirement PlanEide Bailly Equity Partner R…$5M
End-of-year total assets ($M) among Iron Workers Local 580 Shop Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Board of Trustees Iron Workers Local 580 Shop Pension Fund multi-year asset trail

Sponsor-wide plan assets over time

All Board of Trustees Iron Workers Local 580 Shop Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$5M 29.40356251402386% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $7.18M $5.07M ▼ -29.4%
Year Plans Participants Total Assets
2022 1 N/A $7M
2023 1 N/A $6M
2024 1 N/A $5M

Board of Trustees Iron Workers Local 580 Shop Pension Fund filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN136613876
Plan Effective Date1953-06-29
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in New York

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

Iron Workers Local 580 Shop Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Iron Workers Local 580 Shop Pension Fund, Total assets ($B): 0.005065485 · Participants: 0Iron Workers Local 580 Shop Pension FundIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Iron Workers Local 580 Shop Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Iron Workers Local 580 Shop Pension Fund side-by-side with 3 peers →

Iron Workers Local 580 Shop Pension Fund's closest out-of-state Defined Benefit (Pension) peers by assets

Outside New York, the nearest Defined Benefit (Pension) by end-of-year assets is Cathy Waterman, Inc. Defined Benefit Pension Plan in CA at $5M (this filing: $5M).

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Iron Workers Local 580 Shop Pension Fund assets move in 2024? ▼
Iron Workers Local 580 Shop Pension Fund declined sharply - down 19.1% during 2024, from $6M to $5M. Reported net income was -$1M.
How have Board of Trustees Iron Workers Local 580 Shop Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Iron Workers Local 580 Shop Pension Fund's sponsor-wide assets declined 29.4%, from $7M to $5M.
Which Defined Benefit (Pension) plans are similar in size to Iron Workers Local 580 Shop Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cathy Waterman, Inc. Defined Benefit Pension Plan in CA ($5M, 2 participants).

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 136613876.

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.