Defined Benefit (Pension) · DOL Form 5500 · 2024

Northwest Ironworkers Retirement Plan Board of Trustees Pension Plan

Data updated 2026-08-11

$854M
Total assets
3,350
Participants
98th
Percentile by assets
$255,031
Avg per participant
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Official DOL plan name: Northwest Ironworkers Retirement Plan · Sponsored by Northwest Ironworkers Retirement Plan Board of Trustees · Washington · Construction

$854M in assets, 3,350 participants

Northwest Ironworkers Retirement Plan Board of Trustees's Northwest Ironworkers Retirement Plan reported $854M in total assets and 3,350 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #8,882 in Construction (9,039 peers)

Coverage in Washington

Northwest Ironworkers Retirement Plan covers 3,350 participants in Washington, 2.3x the typical Washington plan (state average ~1,476 per filing). Assets: $854M.

$854M
total plan assets (2024 EOY)
3,350
covered participants
98th
percentile by assets (of 123,622 plans)
$255,031
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northwest Ironworkers Retirement Plan reported participants fell from 3,724 in the plan year 2023 filing to 3,350 in the plan year 2024 filing.
  • Northwest Ironworkers Retirement Plan end-of-year assets rose from $785M in the plan year 2023 filing to $854M in the plan year 2024 filing.
  • Northwest Ironworkers Retirement Plan reported net income rose from $71M in the plan year 2023 filing to $74M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Northwest Ironworkers Retirement Plan reports 3,350 participants - 2.3x that state average ($854M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$785M
Net Assets (End of Year)$851M
Net Income$74M
Employer EIN916123688
Plan Effective Date1963-12-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Ironworkers Retirement Plan Board of Trustees)

$650M$700M$750M$800M$850M$900M 202220232024 $708M $854M ▲ +20.7%
Total plan assets by year, all Northwest Ironworkers Retirement Plan Board of Trustees plans on file
Year Plans Participants Total Assets
2022 1 3,915 $708M
2023 1 3,724 $785M
2024 1 3,350 $854M

Nearby Defined Benefit (Pension) Plans in Washington

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

Northwest Ironworkers Retirement Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Northwest Ironworkers Retirement Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Northwest Ironworker…Western Conference o…The Pension Value Pl…The Boeing Company E…Locals 302 & 612 of …Paccar Inc Retiremen…
Northwest Ironworkers Retirement Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Northwest Ironworkers Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Northwest Ironworkers Retirement Plan assets move in 2024?
Northwest Ironworkers Retirement Plan grew at a solid clip - up 8.8% during 2024, from $785M to $854M. Reported net income was $74M.
How have Northwest Ironworkers Retirement Plan Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwest Ironworkers Retirement Plan Board of Trustees's sponsor-wide assets grew 20.7%, from $708M to $854M.
Where does Northwest Ironworkers Retirement Plan rank by assets among Form 5500 filers?
Northwest Ironworkers Retirement Plan ranks in the 98th 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 Northwest Ironworkers Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kaleida Health Pension Growth Plan in NY ($852M, 5,585 participants).

Next read for Northwest Ironworkers Retirement Plan

Filing takeaways

Ways to act on Northwest Ironworkers Retirement Plan's numbers.

  • By total assets, Northwest Ironworkers Retirement Plan 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 Washington. Compare plans
  • Northwest Ironworkers Retirement Plan Board of Trustees's sponsor-wide assets have grown 20.7% since 2022 across 3 plan years on file. More Construction plans