Defined Benefit (Pension) · DOL Form 5500 · 2022

Insulators Local 23 Pension Fund Board of Administration Pension Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
189
Participants Below avg headcount
89th
Percentile by assets National rank
$315,511
Avg per participant High balance/head
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Official DOL plan name: Insulators Local 23 Pension Plan · Sponsored by Insulators Local 23 Pension Fund Board of Administration · Pennsylvania · Construction

$60M in assets, 189 participants

Insulators Local 23 Pension Fund Board of Administration's Insulators Local 23 Pension Plan reported $60M in total assets and 189 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #8,701 in Construction (9,927 peers)

Coverage in Pennsylvania

Insulators Local 23 Pension Plan covers 189 participants in Pennsylvania, about 23% of the average Pennsylvania filer (state average ~822 per filing). Assets: $60M.

#8,701
in Construction (9,927 peers)
+4.4%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Insulators Local 23 Pension Plan's outsized position by total assets

Insulators Local 23 Pension Plan vs every filed plan by assets

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

$59,631,630 Top 11% higher than 89% 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

Insulators Local 23 Pension Plan 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. Insulators Local 23 Pension Plan sits mid-pack in the medium band (189 participants).

Published 5500 schedule card

Filing strip 231990729 · Insulators Local 23 Pension Fund Board of Administration PY 2022 · Defined Benefit (Pension)

Insulators Local 23 Pension Plan · $60M · 189 · 89th

  • RANK $60M
  • PHOTO 189
  • IND 89th
  • EOY Defined Benefit (Pension)
  • 5500 near Local Union 903 Pension Plan
  • ASSETS ind #8701

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 →

Insulators Local 23 Pension Plan in the asset neighbourhood

Cape Regional Health System, Inc. Pension PlanCape Regional Health System,…$60MRetirement Plan for the Employees of Sequoia Living Inc.Retirement Plan for the Empl…$60MLocal Union 903 Pension Plan$60MInsulators Local 23 Pension PlanInsulators Local 23 Pension …$60MLocal 888 Pension Fund$60M
End-of-year total assets ($M) among Insulators Local 23 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$60M
Net Income$3M
Employer EIN231990729
Plan Effective Date1974-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Insulators Local 23 Pension Fund Board of Administration)

Sponsor-wide plan assets over time

All Insulators Local 23 Pension Fund Board of Administration plans reported in each filing year

Latest sponsor-wide plan assets
$69M 15.955817407640877% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59.6M $69.2M ▲ +16.0%
Year Plans Participants Total Assets
2022 1 189 $60M
2023 1 150 $66M
2024 1 162 $69M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Insulators Local 23 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Insulators Local 23 Pension Plan, Total assets ($B): 0.05963163 · Participants: 189Insulators Local 23 Pension 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
Insulators Local 23 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Insulators Local 23 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Local Union 903 Pension Plan in AL ($60M); by covered participants it is Greer Retirement Plan in WV (189 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (189 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 Insulators Local 23 Pension Plan assets move in 2022?
Insulators Local 23 Pension Plan edged up modestly - up 4.4% during 2022, from $57M to $60M. Reported net income was $3M.
How have Insulators Local 23 Pension Fund Board of Administration plan assets changed over time?
Across 3 plan years on file (2022-2024), Insulators Local 23 Pension Fund Board of Administration's sponsor-wide assets grew 16.0%, from $60M to $69M.
Where does Insulators Local 23 Pension Plan rank by assets among Form 5500 filers?
Insulators Local 23 Pension Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Insulators Local 23 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local Union 903 Pension Plan in AL ($60M, 380 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Insulators Local 23 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Greer Retirement Plan in WV (189 participants, $54M in assets).