Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 Pension Plan

Data updated 2026-08-11

$126M
Total assets
504
Participants
94th
Percentile by assets
$249,814
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Pension Fund of Heat and Frost Insulators Local 12 · Sponsored by Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 · New York · Construction

$126M in assets, 504 participants

Board of Trustees Pension Fund of Heat and Frost Insulators Local 12's Pension Fund of Heat and Frost Insulators Local 12 reported $126M in total assets and 504 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #9,205 in Construction (9,927 peers)

Where Pension Fund of Heat and Frost Insulators Local 12 sits by assets

Pension Fund of Heat and Frost Insulators Local 12 sits in the top 10% of all filed plans by assets, $126M for 504 participants (~$249,814/participant), down 13.9% in 2022.

$126M
total plan assets (2022 EOY)
504
covered participants
94th
percentile by assets (of 139,126 plans)
$249,814
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Pension Fund of Heat and Frost Insulators Local 12 vs the 2022 asset distribution

By assets, Pension Fund of Heat and Frost Insulators Local 12 outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$146M
Net Assets (End of Year)$120M
Net Income-$17M
Employer EIN516045262
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Pension Fund of Heat and Frost Insulators Local 12)

$120M$130M$140M$150M$160M 202220232024 $126M $155M ▲ +23.4%
Total plan assets by year, all Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 plans on file
Year Plans Participants Total Assets
2022 1 504 $126M
2023 1 481 $141M
2024 1 413 $155M

Nearby Defined Benefit (Pension) Plans in New York

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

Pension Fund of Heat and Frost Insulators Local 12 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Pension Fund of Heat and Frost Insulators Local 12 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Pension Fund of Heat…IBM Personal Pension…Consolidated Edison …Pepsico Employees Re…New York State Nurse…New York District Co…
Pension Fund of Heat and Frost Insulators Local 12 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Fund of Heat and Frost Insulators Local 12 by total assets, not by location.

Frequently Asked Questions

How did Pension Fund of Heat and Frost Insulators Local 12 assets move in 2022?
Pension Fund of Heat and Frost Insulators Local 12 pulled back noticeably - down 13.9% during 2022, from $146M to $126M. Reported net income was -$17M.
How have Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Pension Fund of Heat and Frost Insulators Local 12's sponsor-wide assets grew 23.4%, from $126M to $155M.
Where does Pension Fund of Heat and Frost Insulators Local 12 rank by assets among Form 5500 filers?
Pension Fund of Heat and Frost Insulators Local 12 ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Fund of Heat and Frost Insulators Local 12?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ti Group Automotive Systems Retirement Plan in MI ($126M, 369 participants).

Next read for Pension Fund of Heat and Frost Insulator…

Scale reading

Ways to act on Pension Fund of Heat and Frost Insulators Local 12's numbers.

  • By total assets, Pension Fund of Heat and Frost Insulators Local 12 ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
  • Board of Trustees Pension Fund of Heat and Frost Insulators Local 12's sponsor-wide assets have grown 23.4% since 2022 across 3 plan years on file. More Construction plans