Board of Trustees, Iron Workers Local No. 25 retirement plan: assets, participants and fees
What Board of Trustees, Iron Workers Local No. 25's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Plante & Moran, PLLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 54 pension plans in construction with 5,000 to 9,999 participants.
| Board of Trustees, Iron Workers Local No. 25: employer contribution per participant | $10,399 | |
| Peer median | $5,925 |
| Board of Trustees, Iron Workers Local No. 25: average balance | $106,230 | |
| Peer median | $104,632 |
| Board of Trustees, Iron Workers Local No. 25: admin expenses ÷ assets | 0.75% | |
| Peer median | 0.51% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $565M at the end of plan year 2021 to $563M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 5,300 | $563M | $55.1M | $10,399 | 0.75% | Not published | Form 5500 ↗ |
| 2023 | 5,287 | $553M | $58.5M | $11,068 | 0.60% | Not published | Form 5500 ↗ |
| 2022 | 5,264 | $545M | $56.6M | $10,761 | 0.69% | Not published | Form 5500 ↗ |
| 2021 | 5,281 | $565M | $55.1M | $10,437 | 0.71% | Not published | Form 5500 ↗ |
Common questions
Does Board of Trustees, Iron Workers Local No. 25 match 401(k) contributions?
The match terms for the Iron Workers' Local No. 25 Pension Fund have not been published from its filing yet. The plan year 2024 filing reports $55.1M in employer contributions, about $10,399 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Board of Trustees, Iron Workers Local No. 25 401(k) match vested?
The vesting schedule for the Iron Workers' Local No. 25 Pension Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the Board of Trustees, Iron Workers Local No. 25 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Board of Trustees, Iron Workers Local No. 25.
I left Board of Trustees, Iron Workers Local No. 25. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Board of Trustees, Iron Workers Local No. 25, (248) 347-3100) or the recordkeeper, Principal Life Insurance Company. The Board of Trustees, Iron Workers Local No. 25 old 401(k) page lists the contacts from every plan filing. Find an old Board of Trustees, Iron Workers Local No. 25 401(k)
Data from the public Form 5500 annual reports Board of Trustees, Iron Workers Local No. 25 filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Board of Trustees, Iron Workers Local No. 25. Not financial advice. Report a correction · Methodology