Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees-Iron Workers' Locals No. 15 & 424 Pension Plan

Data updated 2026-08-25

$88M
Total assets Below avg plan size
462
Participants Below avg headcount
90th
Percentile by assets National rank
$190,998
Avg per participant Above avg balance/head
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Official DOL plan name: Iron Workers' Locals No. 15 & 424 Pension Plan · Sponsored by Board of Trustees-Iron Workers' Locals No. 15 & 424 · Connecticut · Construction

$88M in assets, 462 participants

Board of Trustees-Iron Workers' Locals No. 15 & 424's Iron Workers' Locals No. 15 & 424 Pension Plan reported $88M in total assets and 462 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,945 in Construction (9,039 peers)

Where Iron Workers' Locals No. 15 & 424 Pension Plan sits by assets

Iron Workers' Locals No. 15 & 424 Pension Plan sits in the top 10% of all filed plans by assets, $88M for 462 participants (~$190,998/participant), up 8.2% in 2024.

#7,945
in Construction (9,039 peers)
+8.2%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Iron Workers' Locals No. 15 & 424 Pension Plan's outsized position by total assets

Iron Workers' Locals No. 15 & 424 Pension Plan vs every filed plan by assets

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

$88,241,151 Top 10% higher than 90% 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' Locals No. 15 & 424 Pension Plan 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' Locals No. 15 & 424 Pension Plan sits mid-pack in the medium band (462 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iron Workers' Locals No. 15 & 424 Pension Plan end-of-year assets rose from $82M in the plan year 2023 filing to $88M in the plan year 2024 filing.
  • Iron Workers' Locals No. 15 & 424 Pension Plan reported net income fell from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Iron Workers' Locals No. 15 & 424 Pension Plan reported participants fell from 473 in the plan year 2023 filing to 462 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 066077019 · Board of Trustees-Iron Workers' Locals No. 15 & 424 PY 2024 · Defined Benefit (Pension)

Iron Workers' Locals No. 15 & 424 Pension Plan · $88M · 462 · 90th

  • BOOK $88M
  • VS-ST 462
  • BOY 90th
  • SCH Defined Benefit (Pension)
  • EBSA near Brotherhood of Locomotive Engineers and Trainmen Long Island Pension Fund
  • PART ind #7945

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 Connecticut →

Iron Workers' Locals No. 15 & 424 Pension Plan in the asset neighbourhood

Tompkins Financial Corporation Retirement PlanTompkins Financial Corporati…$88MBrotherhood of Locomotive Engineers and Trainmen Long Island Pension FundBrotherhood of Locomotive En…$88MDay and Zimmermann Ao/Mhg Merged Pension Plan (Formerly Known as Retirement Plan for Bargaining Employees at Iaap)Day and Zimmermann Ao/Mhg Me…$88MIron Workers' Locals No. 15 & 424 Pension PlanIron Workers' Locals No. 15 …$88MUAW Employees' Pension and Severance PlanUAW Employees' Pension and S…$88M
End-of-year total assets ($M) among Iron Workers' Locals No. 15 & 424 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$82M
Net Assets (End of Year)$88M
Net Income$7M
Employer EIN066077019
Plan Effective Date1956-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees-Iron Workers' Locals No. 15 & 424)

Sponsor-wide plan assets over time

All Board of Trustees-Iron Workers' Locals No. 15 & 424 plans reported in each filing year

Latest sponsor-wide plan assets
$88M 18.323055649299757% vs 2022
2024 filing year
$70M$75M$80M$85M$90M 202220232024 $74.6M $88.2M ▲ +18.3%
Year Plans Participants Total Assets
2022 1 493 $75M
2023 1 473 $82M
2024 1 462 $88M

Nearby Defined Benefit (Pension) Plans in Connecticut

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

Iron Workers' Locals No. 15 & 424 Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1001020304050 Total assets ($B) Participants Iron Workers' Locals No. 15 & 424 Pension Plan, Total assets ($B): 0.088241151 · Participants: 462Iron Workers' Locals No. 15 & 424 Pension PlanRtx Consolidated Pension Plan, Total assets ($B): 41.643558189 · Participants: 36180Rtx Consolidated Pension PlanThe Citigroup Pension Plan, Total assets ($B): 9.993084827 · Participants: 15906The Citigroup Pension PlanEversource Pension Plan, Total assets ($B): 5.763055773 · Participants: 3428Eversource Pension PlanRetirement Plan for Employees of Aetna Inc., Total assets ($B): 5.242514983 · Participants: 9682Retirement Plan for Employees of Aetna Inc.The Hartford Retirement Plan for U.S. Employees, Total assets ($B): 3.395288837 · Participants: 7034The Hartford Retirement Plan for U.S. Employees
Iron Workers' Locals No. 15 & 424 Pension Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Iron Workers' Locals No. 15 & 424 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Connecticut, the nearest Defined Benefit (Pension) by assets is Brotherhood of Locomotive Engineers and Trainmen Long Island Pension Fund in NY ($88M); by covered participants it is Refresco Union Employees' Retirement Plan in FL (462 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' Locals No. 15 & 424 Pension Plan assets move in 2024?
Iron Workers' Locals No. 15 & 424 Pension Plan grew at a solid clip - up 8.2% during 2024, from $82M to $88M. Reported net income was $7M.
How have Board of Trustees-Iron Workers' Locals No. 15 & 424 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees-Iron Workers' Locals No. 15 & 424's sponsor-wide assets grew 18.3%, from $75M to $88M.
Where does Iron Workers' Locals No. 15 & 424 Pension Plan rank by assets among Form 5500 filers?
Iron Workers' Locals No. 15 & 424 Pension Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Iron Workers' Locals No. 15 & 424 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Brotherhood of Locomotive Engineers and Trainmen Long Island Pension Fund in NY ($88M, 492 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Iron Workers' Locals No. 15 & 424 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Refresco Union Employees' Retirement Plan in FL (462 participants, $2M in assets).