Defined Benefit (Pension) · DOL Form 5500 · 2024

Des Moines Iron Workers Pension Trust Board of Trustees Pension Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
246
Participants Below avg headcount
89th
Percentile by assets National rank
$334,542
Avg per participant High balance/head
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Official DOL plan name: Des Moines Iron Workers Pension Trust · Sponsored by Des Moines Iron Workers Pension Trust Board of Trustees · Iowa · Construction

$82M in assets, 246 participants

Des Moines Iron Workers Pension Trust Board of Trustees's Des Moines Iron Workers Pension Trust reported $82M in total assets and 246 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,881 in Construction (9,039 peers)

Coverage in Iowa

Des Moines Iron Workers Pension Trust covers 246 participants in Iowa, about 40% of the average Iowa filer (state average ~609 per filing). Assets: $82M.

#7,881
in Construction (9,039 peers)
+9.5%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Des Moines Iron Workers Pension Trust's outsized position by total assets

Des Moines Iron Workers Pension Trust vs every filed plan by assets

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

$82,297,280 Top 11% higher than 89% 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

Des Moines Iron Workers Pension Trust 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. Des Moines Iron Workers Pension Trust sits mid-pack in the medium band (246 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Des Moines Iron Workers Pension Trust reported net income fell from $10M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Des Moines Iron Workers Pension Trust end-of-year assets rose from $75M in the plan year 2023 filing to $82M in the plan year 2024 filing.
  • Des Moines Iron Workers Pension Trust reported participants fell from 260 in the plan year 2023 filing to 246 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 426242674 · Des Moines Iron Workers Pension Trust Board of Trustees PY 2024 · Defined Benefit (Pension)

Des Moines Iron Workers Pension Trust · $82M · 246 · 89th

  • BOY $82M
  • SCH 246
  • EBSA 89th
  • PART Defined Benefit (Pension)
  • TYPE near Block Communications Retirement Plan
  • NET ind #7881

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 Iowa →

Des Moines Iron Workers Pension Trust in the asset neighbourhood

Block Communications Retirement PlanBlock Communications Retirem…$82MDes Moines Iron Workers Pension TrustDes Moines Iron Workers Pens…$82MMaritz Holdings Inc. Retirement PlanMaritz Holdings Inc. Retirem…$82MMasterbrand, Inc. Pension PlanMasterbrand, Inc. Pension Pl…$82MThe Retirement Plan for Employees of Pentagon Federal Credit UnionThe Retirement Plan for Empl…$82M
End-of-year total assets ($M) among Des Moines Iron Workers Pension Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$82M
Net Income$7M
Employer EIN426242674
Plan Effective Date1958-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Des Moines Iron Workers Pension Trust Board of Trustees)

Sponsor-wide plan assets over time

All Des Moines Iron Workers Pension Trust Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$82M 25.779780172471632% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $65.4M $82.3M ▲ +25.8%
Year Plans Participants Total Assets
2022 1 276 $65M
2023 1 260 $75M
2024 1 246 $82M

Nearby Defined Benefit (Pension) Plans in Iowa

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

Des Moines Iron Workers Pension Trust vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Des Moines Iron Workers Pension Trust, Total assets ($B): 0.08229728 · Participants: 246Des Moines Iron Workers Pension TrustTransamerica Pension Plan, Total assets ($B): 2.198965485 · Participants: 7170Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.466387124 · Participants: 11945Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.521334295 · Participants: 2805Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.361826911 · Participants: 1908Employers Mutual Casualty Company Retirement PlanPension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust, Total assets ($B): 0.330986539 · Participants: 1233Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust
Des Moines Iron Workers Pension Trust vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Des Moines Iron Workers Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Iowa, the nearest Defined Benefit (Pension) by assets is Block Communications Retirement Plan in OH ($82M); by covered participants it is The Retirement Benefit Plan of Sky Chefs for Employees Represented by Unite Here in TX (246 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 Des Moines Iron Workers Pension Trust assets move in 2024?
Des Moines Iron Workers Pension Trust grew at a solid clip - up 9.5% during 2024, from $75M to $82M. Reported net income was $7M.
How have Des Moines Iron Workers Pension Trust Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Des Moines Iron Workers Pension Trust Board of Trustees's sponsor-wide assets grew 25.8%, from $65M to $82M.
Where does Des Moines Iron Workers Pension Trust rank by assets among Form 5500 filers?
Des Moines Iron Workers Pension Trust ranks in the 89th 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 Defined Benefit (Pension) plans are similar in size to Des Moines Iron Workers Pension Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Block Communications Retirement Plan in OH ($82M, 122 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Des Moines Iron Workers Pension Trust?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Retirement Benefit Plan of Sky Chefs for Employees Represented by Unite Here in TX (246 participants, $85M in assets).