Profit Sharing · DOL Form 5500 · 2022

Board of Trustees Insulators Local No. 2 Annuity Plan Profit Sharing Plan

Data updated 2026-08-11

$85M
Total assets
1,571
Participants
92nd
Percentile by assets
$54,194
Avg per participant
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Official DOL plan name: Insulators Local No. 2 Annuity Plan · Sponsored by Board of Trustees Insulators Local No. 2 Annuity Plan · Pennsylvania · Construction

$85M in assets, 1,571 participants

Board of Trustees Insulators Local No. 2 Annuity Plan's Insulators Local No. 2 Annuity Plan reported $85M in total assets and 1,571 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #8,987 in Construction (9,927 peers)

Where Insulators Local No. 2 Annuity Plan sits by assets

Insulators Local No. 2 Annuity Plan sits in the top 10% of all filed plans by assets, $85M for 1,571 participants (~$54,194/participant), down 14.6% in 2022.

$85M
total plan assets (2022 EOY)
1,571
covered participants
92nd
percentile by assets (of 139,126 plans)
$54,194
avg assets per participant

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Insulators Local No. 2 Annuity Plan vs the 2022 asset distribution

By assets, Insulators Local No. 2 Annuity Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$100M
Net Assets (End of Year)$85M
Net Income-$14M
Employer EIN251400090
Plan Effective Date1980-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Insulators Local No. 2 Annuity Plan)

$80M$85M$90M$95M$100M$105M 202220232024 $85.1M $101M ▲ +18.4%
Total plan assets by year, all Board of Trustees Insulators Local No. 2 Annuity Plan plans on file
Year Plans Participants Total Assets
2022 1 1,571 $85M
2023 1 572 $92M
2024 1 521 $101M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Insulators Local No. 2 Annuity Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Insulators Local No. 2 Annuity Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Insulators Local No.…Eastern Atlantic Sta…University of Pennsy…International Brothe…Temple University He…Steamfitters Local U…
Insulators Local No. 2 Annuity Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Insulators Local No. 2 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Insulators Local No. 2 Annuity Plan assets move in 2022?
Insulators Local No. 2 Annuity Plan pulled back noticeably - down 14.6% during 2022, from $100M to $85M. Reported net income was -$14M.
How have Board of Trustees Insulators Local No. 2 Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Insulators Local No. 2 Annuity Plan's sponsor-wide assets grew 18.4%, from $85M to $101M.
Where does Insulators Local No. 2 Annuity Plan rank by assets among Form 5500 filers?
Insulators Local No. 2 Annuity Plan ranks in the 92nd 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 Profit Sharing plans are similar in size to Insulators Local No. 2 Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Bricklayers Supplemental Annuity Fund in NY ($85M, 1,176 participants).

Next read for Insulators Local No. 2 Annuity Plan

Scale reading

Ways to act on Insulators Local No. 2 Annuity Plan's numbers.

  • By total assets, Insulators Local No. 2 Annuity Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
  • Board of Trustees Insulators Local No. 2 Annuity Plan's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Construction plans