Profit Sharing · DOL Form 5500 · 2024

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
372
Participants Below avg headcount
76th
Percentile by assets National rank
$76,144
Avg per participant Below avg balance/head
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Official DOL plan name: Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund · Sponsored by Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund · Pennsylvania · Finance & Insurance

$28M in assets, 372 participants

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund reported $28M in total assets and 372 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,431 in Finance & Insurance (8,549 peers)

Coverage in Pennsylvania

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund covers 372 participants in Pennsylvania, about 45% of the average Pennsylvania filer (state average ~822 per filing). Assets: $28M.

#5,431
in Finance & Insurance (8,549 peers)
+2.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's outsized position by total assets

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund vs every filed plan by assets

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

$28,325,572 Top 24% higher than 76% 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

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund sits mid-pack in the medium band (372 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund reported net income rose from $292K in the plan year 2023 filing to $667K in the plan year 2024 filing.
  • Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund reported participants fell from 426 in the plan year 2023 filing to 372 in the plan year 2024 filing.
  • Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund end-of-year assets rose from $28M in the plan year 2023 filing to $28M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 232041188 · Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund PY 2024 · Profit Sharing

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund · $28M · 372 · 76th

  • PCT $28M
  • PCT 372
  • PCT 76th
  • PCT Profit Sharing
  • PCT near Gursey Schneider LLP Retirement Savings Plan
  • PCT ind #5431

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund in the asset neighbourhood

Haley Automotive Group Profit Sharing PlanHaley Automotive Group Profi…$28MGoodman Companies Retirement Profit Sharing PlanGoodman Companies Retirement…$28MIron Workers, Riggers & Machinery Movers Local 405 Annuity FundIron Workers, Riggers & Mach…$28MGursey Schneider LLP Retirement Savings PlanGursey Schneider LLP Retirem…$28MEmpire State Highway Contractors Association, Inc Retirement Plan for the Employees of Tioga Construction Co., Inc.Empire State Highway Contrac…$28M
End-of-year total assets ($M) among Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$28M
Net Income$667K
Employer EIN232041188
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund)

Sponsor-wide plan assets over time

All Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$28M 3.3296311733784765% vs 2022
2024 filing year
$27M$27.5M$28M$28.5M 202220232024 $27.4M $28.3M ▲ +3.4%
Year Plans Participants Total Assets
2022 1 393 $27M
2023 1 426 $28M
2024 1 372 $28M

Nearby Profit Sharing Plans in Pennsylvania

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

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund, Total assets ($B): 0.028325572 · Participants: 372Iron Workers, Riggers & Machinery Movers Local 405 Annuity FundEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.245462462 · Participants: 14807Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.995663035 · Participants: 21954University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.259021509 · Participants: 3927International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.876135705 · Participants: 10394Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.781454632 · Participants: 2477Morgan, Lewis & Bockius LLP Defined Contribution Plan
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Gursey Schneider LLP Retirement Savings Plan in CA ($28M); by covered participants it is Fiduciary Services Group 401(k) Plan in DE (372 participants). Same-state nearby plans are listed separately above.

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, Riggers & Machinery Movers Local 405 Annuity Fund assets move in 2024?
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund edged up modestly - up 2.4% during 2024, from $28M to $28M. Reported net income was $667K.
How have Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund's sponsor-wide assets grew 3.3%, from $27M to $28M.
Where does Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund rank by assets among Form 5500 filers?
Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund ranks in the 76th percentile by end-of-year assets among 123,622 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, Riggers & Machinery Movers Local 405 Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Gursey Schneider LLP Retirement Savings Plan in CA ($28M, 227 participants).
Which Profit Sharing plans cover a similar participant headcount to Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund?
Among Profit Sharing plans in other states, the closest by covered participants is Fiduciary Services Group 401(k) Plan in DE (372 participants, $30M in assets).