Profit Sharing · DOL Form 5500 · 2022
Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund Profit Sharing Plan
Data updated 2026-08-11
- $177M
- Total assets
- 458
- Participants
- 95th
- Percentile by assets
- $385,823
- Avg per participant
Official DOL plan name: Heat and Frost Insulators Local 34 Pension Fund · Sponsored by Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund · Minnesota · Construction
$177M in assets, 458 participants
Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund's Heat and Frost Insulators Local 34 Pension Fund reported $177M in total assets and 458 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 139,126 plans)
- #9,371 in Construction (9,927 peers)
Coverage in Minnesota
Heat and Frost Insulators Local 34 Pension Fund covers 458 participants in Minnesota, about 41% of the average Minnesota filer (state average ~1,126 per filing). Assets: $177M.
- $177M
- total plan assets (2022 EOY)
- 458
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $385,823
- avg assets per participant
The plan reported a net loss of $36M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Heat and Frost Insulators Local 34 Pension Fund reports 458 participants - about 41% of that state average ($177M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $213M |
|---|---|
| Net Assets (End of Year) | $177M |
| Net Income | -$36M |
| Employer EIN | 410574565 |
| Plan Effective Date | 1965-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 458 | $177M |
| 2023 | 1 | 435 | $207M |
| 2024 | 1 | 474 | $231M |
Nearby Profit Sharing Plans in Minnesota
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Heat and Frost Insulators Local 34 Pension Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
- Essentia Health Retirement Plan $1.6B · 14,444
- Pipe Trades Services Mn Pension Supplement Fund $1.4B · 6,268
- Allina 403(b) Retirement Savings Plan $847M · 10,170
- Fairview Health Services Pension Plan $542M · 5,177
- Cargill Employee Retirement Account Plan $397M · 18,794
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Heat and Frost Insulators Local 34 Pension Fund by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Heat and Frost Insulators Local 34 Pension Fund's numbers.
- By total assets, Heat and Frost Insulators Local 34 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
- Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund's sponsor-wide assets have grown 30.9% since 2022 across 3 plan years on file. More Construction plans