Profit Sharing · DOL Form 5500 · 2024
Board of Trustees Ironworkers Lu No 55 Profit Sharing Profit Sharing Plan
Data updated 2026-08-25
- $76M
- Total assets Below avg plan size
- 696
- Participants Below avg headcount
- 88th
- Percentile by assets National rank
- $108,591
- Avg per participant Below avg balance/head
Official DOL plan name: Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund · Sponsored by Board of Trustees Ironworkers Lu No 55 Profit Sharing · Ohio · Construction
$76M in assets, 696 participants
Board of Trustees Ironworkers Lu No 55 Profit Sharing's Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund reported $76M in total assets and 696 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #7,813 in Construction (9,039 peers)
Where Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund sits by assets
Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund sits in the top quartile of all filed plans by assets, $76M for 696 participants (~$108,591/participant), up 11.1% in 2024.
- #7,813
- in Construction (9,039 peers)
- +11.1%
- assets growth YoY
- 0.8×
- vs typical plan assets (national mean)
Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund's outsized position by total assets
Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$75,579,361 Top 12% higher than 88% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust 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. Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund sits mid-pack in the medium band (696 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund reported net income fell from $13M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund end-of-year assets rose from $68M in the plan year 2023 filing to $76M in the plan year 2024 filing.
- Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund reported participants rose from 677 in the plan year 2023 filing to 696 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 341622509 · Board of Trustees Ironworkers Lu No 55 Profit Sharing PY 2024 · Profit Sharing
Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund · $76M · 696 · 88th
- SCH $76M
- SCH 696
- SCH 88th
- SCH Profit Sharing
- SCH near Iron Workers Local Union No. 404 Annuity Fund
- SCH ind #7813
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 Ohio →
Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $68M |
|---|---|
| Net Assets (End of Year) | $76M |
| Net Income | $8M |
| Employer EIN | 341622509 |
| Plan Effective Date | 1989-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Ironworkers Lu No 55 Profit Sharing)
Sponsor-wide plan assets over time
All Board of Trustees Ironworkers Lu No 55 Profit Sharing plans reported in each filing year
- Latest sponsor-wide plan assets
- $76M 37.08437106517325% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 702 | $55M |
| 2023 | 1 | 677 | $68M |
| 2024 | 1 | 696 | $76M |
Nearby Profit Sharing Plans in Ohio
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Cleveland Clinic Investment Pension Plan $1.8B · 51,751
- Masterbrand, Inc. Retirement Savings Plan $544M · 6,062
- Worthington Steel, Inc. 401(k) Retirement Savings Plan $523M · 2,500
- The Employer Retirement Savings Plan - Premier Health Partners $244M · 12,736
- Three Rivers Annuity Fund $214M · 960
Ironworkers Local No 55 Profit Sharing Annuity Plan and Trust Fund's out-of-state Profit Sharing peers by assets and headcount
Outside Ohio, the nearest Profit Sharing by assets is Iron Workers Local Union No. 404 Annuity Fund in PA ($75M); by covered participants it is Independent Schools of Maryland and Greater Washington Multiple Employer Plan in MD (696 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($76M here).
- Iron Workers Local Union No. 404 Annuity Fund (PA) $75M · 899
- Preferred Employer Plan II (AZ) $76M · 415
- Oneida Healthcare Center 403(b) Plan (NY) $76M · 1,072
- Special Service for Groups, Inc. 403(b) Plan (CA) $75M · 2,487
Similar participant headcount
Nearest other-state filings by covered participants (696 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.