Money Purchase · DOL Form 5500 · 2024

Iron Workers Local 451 Joint Board of Trustees Money Purchase Plan

Data updated 2026-08-11

$35M
Total assets
258
Participants
80th
Percentile by assets
$136,431
Avg per participant
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Official DOL plan name: Iron Workers Local 451 Annuity Fund · Sponsored by Iron Workers Local 451 Joint Board of Trustees · Delaware · Finance & Insurance

$35M in assets, 258 participants

Iron Workers Local 451 Joint Board of Trustees's Iron Workers Local 451 Annuity Fund reported $35M in total assets and 258 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • 80th percentile by assets (of 123,622 plans)
  • #5,835 in Finance & Insurance (8,549 peers)

Coverage in Delaware

Iron Workers Local 451 Annuity Fund covers 258 participants in Delaware, about 48% of the average Delaware filer (state average ~536 per filing). Assets: $35M.

$35M
total plan assets (2024 EOY)
258
covered participants
80th
percentile by assets (of 123,622 plans)
$136,431
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers Local 451 Annuity Fund reported net income fell from $3M in the plan year 2023 filing to $181K in the plan year 2024 filing.
  • Iron Workers Local 451 Annuity Fund reported participants fell from 289 in the plan year 2023 filing to 258 in the plan year 2024 filing.
  • Iron Workers Local 451 Annuity Fund end-of-year assets rose from $35M in the plan year 2023 filing to $35M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Delaware filers

In Delaware, the average filing covers about 536 participants across 397 plans. Iron Workers Local 451 Annuity Fund reports 258 participants - about 48% of that state average ($35M EOY assets).

Delaware filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$35M
Net Income$181K
Employer EIN510264123
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iron Workers Local 451 Joint Board of Trustees)

$30M$32M$34M$36M 202220232024 $31.6M $35.2M ▲ +11.5%
Total plan assets by year, all Iron Workers Local 451 Joint Board of Trustees plans on file
Year Plans Participants Total Assets
2022 1 193 $32M
2023 1 289 $35M
2024 1 258 $35M

Nearby Money Purchase Plans in Delaware

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Iron Workers Local 451 Annuity Fund vs. nearby Money Purchase plans in Delaware, assets vs. participants

Iron Workers Local 451 Annuity Fund vs. nearby Money Purchase plans in Delaware, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Iron Workers Local 4…National Electrical …The Permanente Contr…Tiaa Retirement PlanKaiser Permanente Su…University of Southe…
Iron Workers Local 451 Annuity Fund vs. nearby Money Purchase plans in Delaware, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Iron Workers Local 451 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Iron Workers Local 451 Annuity Fund assets move in 2024?
Iron Workers Local 451 Annuity Fund held essentially flat - up 0.5% during 2024, from $35M to $35M. Reported net income was $181K.
How have Iron Workers Local 451 Joint Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Iron Workers Local 451 Joint Board of Trustees's sponsor-wide assets grew 11.4%, from $32M to $35M.
Where does Iron Workers Local 451 Annuity Fund rank by assets among Form 5500 filers?
Iron Workers Local 451 Annuity Fund ranks in the 80th 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 Money Purchase plans are similar in size to Iron Workers Local 451 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Plumbers & Steamfitters Local 565 Pension Plan in WV ($35M, 632 participants).

Next read for Iron Workers Local 451 Annuity Fund

Filing takeaways

Ways to act on Iron Workers Local 451 Annuity Fund's numbers.

  • By total assets, Iron Workers Local 451 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Delaware. Compare plans
  • Iron Workers Local 451 Joint Board of Trustees's sponsor-wide assets have grown 11.4% since 2022 across 3 plan years on file. More Finance & Insurance plans