Profit Sharing · DOL Form 5500 · 2022
Board of Trustees of Local 40 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $10M
- Total assets
- 121
- Participants
- 64th
- Percentile by assets
- $80,789
- Avg per participant
Official DOL plan name: International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund · Sponsored by Board of Trustees of Local 40 Annuity Fund · Pennsylvania · Construction
$10M in assets, 121 participants
Board of Trustees of Local 40 Annuity Fund's International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund reported $10M in total assets and 121 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.
- 64th percentile by assets (of 139,126 plans)
- #6,347 in Construction (9,927 peers)
Coverage in Pennsylvania
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund covers 121 participants in Pennsylvania, about 15% of the average Pennsylvania filer (state average ~822 per filing). Assets: $10M.
- $10M
- total plan assets (2022 EOY)
- 121
- covered participants
- 64th
- percentile by assets (of 139,126 plans)
- $80,789
- avg assets per participant
The plan reported a net loss of $526K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund reports 121 participants - about 15% of that state average ($10M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | -$526K |
| Employer EIN | 141514924 |
| Plan Effective Date | 1988-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Local 40 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 121 | $10M |
| 2023 | 1 | 135 | $11M |
| 2024 | 1 | 106 | $11M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.0B · 8,058
- University of Pennsylvania Basic Plan $1.4B · 14,515
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $958M · 3,904
- Temple University Health System, Inc. Defined Contribution Retirement Plan $640M · 9,017
- Steamfitters Local Union No. 420 Srp $587M · 6,353
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund assets move in 2022? ▼
How have Board of Trustees of Local 40 Annuity Fund plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund? ▼
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Filing takeaways
Ways to act on International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund's numbers.
- By total assets, International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Board of Trustees of Local 40 Annuity Fund's sponsor-wide assets have grown 17.2% since 2022 across 3 plan years on file. More Construction plans