Profit Sharing · DOL Form 5500 · 2022

Board of Trustees of Local 40 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
121
Participants Small participant base
64th
Percentile by assets National rank
$80,789
Avg per participant Below avg balance/head
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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.

  • #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.

#6,347
in Construction (9,927 peers)
-5.6%
assets change YoY

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.

International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund's mid-pack asset rank among Construction and all filers

International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund vs every filed plan by assets

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

$9,775,490 Top 36% higher than 64% 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

International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity 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. International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund sits mid-pack in the medium band (121 participants).

Plan-year Form 5500 strip

Filing strip 141514924 · Board of Trustees of Local 40 Annuity Fund PY 2022 · Profit Sharing

International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund · $10M · 121 · 64th

  • PHOTO $10M
  • PHOTO 121
  • PHOTO 64th
  • PHOTO Profit Sharing
  • PHOTO near Brown & Brown Law Offices, P.C. Profit Sharing Plan
  • PHOTO ind #6347

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 Pennsylvania →

International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund in the asset neighbourhood

Brown & Brown Law Offices, P.C. Profit Sharing PlanBrown & Brown Law Offices, P…$10MInternational Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity FundInternational Association of…$10MMed Excel USA, Inc. 401(k) Profit Sharing Plan and TrustMed Excel USA, Inc. 401(k) P…$10MMary Cariola Children's Center, Inc. Defined Contribution Retirement PlanMary Cariola Children's Cent…$10MCasa Colina, Inc. Retirement PlanCasa Colina, Inc. Retirement…$10M
End-of-year total assets ($M) among International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$526K
Employer EIN141514924
Plan Effective Date1988-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Local 40 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Local 40 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$11M 17.218042266934958% vs 2022
2024 filing year
$9M$10M$11M$12M 202220232024 $9.78M $11.5M ▲ +17.2%
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 Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund, Total assets ($B): 0.00977549 · Participants: 121International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity FundEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.032358305 · Participants: 8058Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.417850182 · Participants: 14515University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 0.958457322 · Participants: 3904International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.640341222 · Participants: 9017Temple University Health System, Inc. Defined Contribution Retirement PlanSteamfitters Local Union No. 420 Srp, Total assets ($B): 0.58659727 · Participants: 6353Steamfitters Local Union No. 420 Srp
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
Compare International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund side-by-side with 3 peers →

International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Brown & Brown Law Offices, P.C. Profit Sharing Plan in AZ ($10M); by covered participants it is Driehaus Companies Profit Sharing Plan and Trust in IL (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund assets move in 2022? ▼
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund pulled back noticeably - down 5.6% during 2022, from $10M to $10M. Reported net income was -$526K.
How have Board of Trustees of Local 40 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Local 40 Annuity Fund's sponsor-wide assets grew 17.2%, from $10M to $11M.
Which Profit Sharing plans are similar in size to International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Brown & Brown Law Offices, P.C. Profit Sharing Plan in AZ ($10M, 8 participants).
Which Profit Sharing plans cover a similar participant headcount to International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Driehaus Companies Profit Sharing Plan and Trust in IL (121 participants, $34M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 141514924.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.