Defined Benefit (Pension) · DOL Form 5500 · 2022

Heat & Frost Insulators & Asbestos Workers Local 38 Pension Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
97
Participants Small participant base
73rd
Percentile by assets National rank
$160,837
Avg per participant Above avg balance/head
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Official DOL plan name: Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan · Sponsored by Heat & Frost Insulators & Asbestos Workers Local 38 · Pennsylvania · Construction

$16M in assets, 97 participants

Heat & Frost Insulators & Asbestos Workers Local 38's Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan reported $16M in total assets and 97 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #7,249 in Construction (9,927 peers)

Heat & Frost Insulators & Asbestos Workers Local 38 multi-year trail

Heat & Frost Insulators & Asbestos Workers Local 38's plans moved +21.2% in assets from 2022 to 2024; this filing shows Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan at $16M / 97 participants.

#7,249
in Construction (9,927 peers)
-14.8%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan's outsized position by total assets

Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan vs every filed plan by assets

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

$15,601,226 Top 27% higher than 73% 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 & Frost Insulators & Asbestos Workers Local 38 Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan is a small filing (97 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 236283938 · Heat & Frost Insulators & Asbestos Workers Local 38 PY 2022 · Defined Benefit (Pension)

Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan · $16M · 97 · 73rd

  • EOY $16M
  • EOY 97
  • EOY 73rd
  • EOY Defined Benefit (Pension)
  • EOY near Mettel Vip Plan
  • EOY ind #7249

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 →

Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan in the asset neighbourhood

Alabama Council on Human Relations, Inc. Defined Benefit Pension PlanAlabama Council on Human Rel…$16MHeat & Frost Insulators & Asbestos Workers Local 38 Retirement PlanHeat & Frost Insulators & As…$16MMettel Vip Plan$16MVenturedyne Salaried Retirement PlanVenturedyne Salaried Retirem…$16MRetirement Plan for Salaried Tropical Employees of Chiquita Brands, L.L.C.Retirement Plan for Salaried…$16M
End-of-year total assets ($M) among Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Heat & Frost Insulators & Asbestos Workers Local 38 multi-year asset trail

Sponsor-wide plan assets over time

All Heat & Frost Insulators & Asbestos Workers Local 38 plans reported in each filing year

Latest sponsor-wide plan assets
$45M 21.19324489212637% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $36.9M $44.7M ▲ +21.2%
Year Plans Participants Total Assets
2022 2 580 $37M
2023 2 555 $42M
2024 2 539 $45M

Heat & Frost Insulators & Asbestos Workers Local 38 filing trail (2022)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$16M
Net Income-$3M
Employer EIN236283938
Plan Effective Date1961-07-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan, Total assets ($B): 0.015601226 · Participants: 97Heat & Frost Insulators & Asbestos Workers Local 38 Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan side-by-side with 3 peers →

Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Mettel Vip Plan in NY ($16M); by covered participants it is Corning Museum of Glass Pension Plan in NY (97 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (97 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 & Frost Insulators & Asbestos Workers Local 38 Retirement Plan assets move in 2022? ▼
Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan pulled back noticeably - down 14.8% during 2022, from $18M to $16M. Reported net income was -$3M.
How have Heat & Frost Insulators & Asbestos Workers Local 38 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Heat & Frost Insulators & Asbestos Workers Local 38's sponsor-wide assets grew 21.2%, from $37M to $45M.
Which Defined Benefit (Pension) plans are similar in size to Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mettel Vip Plan in NY ($16M, 126 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Corning Museum of Glass Pension Plan in NY (97 participants, $21M 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 236283938.

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.