Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees, Iron Workers Local No. 5 & Iwea Pension Plan
Data updated 2026-08-25
- $425M
- Total assets Above avg plan size
- 768
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $553,641
- Avg per participant High balance/head
Official DOL plan name: Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund · Sponsored by Board of Trustees, Iron Workers Local No. 5 & Iwea · Washington · Construction
$425M in assets, 768 participants
Board of Trustees, Iron Workers Local No. 5 & Iwea's Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund reported $425M in total assets and 768 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #8,710 in Construction (9,039 peers)
Where Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund sits by assets
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund sits in the top 5% of all filed plans by assets, $425M for 768 participants (~$553,641/participant), up 6.4% in 2024.
- #8,710
- in Construction (9,039 peers)
- +6.4%
- assets growth YoY
- 4.3×
- vs typical plan assets (national mean)
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund's outsized position by total assets
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$425,195,943 Top 3% higher than 97% 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
Iron Workers Local No. 5 & Iwea Employees Pension 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. Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund sits mid-pack in the medium band (768 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund end-of-year assets rose from $400M in the plan year 2023 filing to $425M in the plan year 2024 filing.
- Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund reported net income fell from $26M in the plan year 2023 filing to $25M in the plan year 2024 filing.
- Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund reported participants fell from 799 in the plan year 2023 filing to 768 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 521075473 · Board of Trustees, Iron Workers Local No. 5 & Iwea PY 2024 · Defined Benefit (Pension)
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund · $425M · 768 · 97th
- BOY $425M
- BOY 768
- BOY 97th
- BOY Defined Benefit (Pension)
- BOY near Dte Gas Company Retirement Plan for Employees Covered by Collective Bargaining Agreements
- BOY ind #8710
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 Washington →
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $400M |
|---|---|
| Net Assets (End of Year) | $417M |
| Net Income | $25M |
| Employer EIN | 521075473 |
| Plan Effective Date | 1959-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Iron Workers Local No. 5 & Iwea)
Sponsor-wide plan assets over time
All Board of Trustees, Iron Workers Local No. 5 & Iwea plans reported in each filing year
- Latest sponsor-wide plan assets
- $425M 13.997025019242477% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 908 | $373M |
| 2023 | 1 | 799 | $400M |
| 2024 | 1 | 768 | $425M |
Nearby Defined Benefit (Pension) Plans in Washington
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Western Conference of Teamsters Pension Plan $56.4B · 231,156
- The Pension Value Plan for Employees of the Boeing Company $23.3B · 29,538
- The Boeing Company Employee Retirement Plan $15.4B · 31,398
- Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan $3.3B · 8,695
- Paccar Inc Retirement Plan $2.7B · 10,345
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Washington, the nearest Defined Benefit (Pension) by assets is Dte Gas Company Retirement Plan for Employees Covered by Collective Bargaining Agreements in MI ($425M); by covered participants it is International Association Pension Plan in IL (768 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($425M here).
Similar participant headcount
Nearest other-state filings by covered participants (768 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.