Profit Sharing · DOL Form 5500 · 2022

Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund Profit Sharing Plan

Data updated 2026-08-25

$177M
Total assets Near avg plan size
458
Participants Below avg headcount
95th
Percentile by assets National rank
$385,823
Avg per participant High balance/head
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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.

  • #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.

#9,371
in Construction (9,927 peers)
-17.1%
assets change YoY
1.8×
vs typical plan assets (national mean)

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.

Heat and Frost Insulators Local 34 Pension Fund's outsized position by total assets

Heat and Frost Insulators Local 34 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$176,707,109 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Heat and Frost Insulators Local 34 Pension Fund among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heat and Frost Insulators Local 34 Pension Fund sits mid-pack in the medium band (458 participants).

Published 5500 schedule card

Filing strip 410574565 · Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund PY 2022 · Profit Sharing

Heat and Frost Insulators Local 34 Pension Fund · $177M · 458 · 95th

  • EIN $177M
  • RANK 458
  • PHOTO 95th
  • IND Profit Sharing
  • EOY near Willamette University Defined Contribution Retirement Plan
  • 5500 ind #9371

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 Minnesota →

Heat and Frost Insulators Local 34 Pension Fund in the asset neighbourhood

Three Rivers Annuity Fund$178MAnalytic Services Inc. Defined Contribution Retirement PlanAnalytic Services Inc. Defin…$178MSimpson, Thacher and Bartlett LLP Supplemental Profit Sharing Plan for PartnersSimpson, Thacher and Bartlet…$177MHeat and Frost Insulators Local 34 Pension FundHeat and Frost Insulators Lo…$177MWillamette University Defined Contribution Retirement PlanWillamette University Define…$177M
End-of-year total assets ($M) among Heat and Frost Insulators Local 34 Pension Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$213M
Net Assets (End of Year)$177M
Net Income-$36M
Employer EIN410574565
Plan Effective Date1965-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$231M 30.939527735695115% vs 2022
2024 filing year
$160M$180M$200M$220M$240M 202220232024 $177M $231M ▲ +30.9%
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 Scatter plot of 6 data points. -500005000100001500020000 00.511.52 Total assets ($B) Participants Heat and Frost Insulators Local 34 Pension Fund, Total assets ($B): 0.176707109 · Participants: 458Heat and Frost Insulators Local 34 Pension FundEssentia Health Retirement Plan, Total assets ($B): 1.61318726 · Participants: 14444Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.394999238 · Participants: 6268Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.846612268 · Participants: 10170Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.542260343 · Participants: 5177Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.397133832 · Participants: 18794Cargill Employee Retirement Account Plan
Heat and Frost Insulators Local 34 Pension Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Heat and Frost Insulators Local 34 Pension Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Willamette University Defined Contribution Retirement Plan in OR ($177M); by covered participants it is Alivia Health Investment & Retirement Plan in PR (458 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (458 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Heat and Frost Insulators Local 34 Pension Fund assets move in 2022? ▼
Heat and Frost Insulators Local 34 Pension Fund declined sharply - down 17.1% during 2022, from $213M to $177M. Reported net income was -$36M.
How have Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund's sponsor-wide assets grew 30.9%, from $177M to $231M.
Where does Heat and Frost Insulators Local 34 Pension Fund rank by assets among Form 5500 filers? ▼
Heat and Frost Insulators Local 34 Pension Fund ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Heat and Frost Insulators Local 34 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Willamette University Defined Contribution Retirement Plan in OR ($177M, 765 participants).
Which Profit Sharing plans cover a similar participant headcount to Heat and Frost Insulators Local 34 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Alivia Health Investment & Retirement Plan in PR (458 participants, $1M in assets).