Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 Pension Plan

Data updated 2026-08-25

$141M
Total assets Near avg plan size
481
Participants Below avg headcount
93rd
Percentile by assets National rank
$292,827
Avg per participant High balance/head
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Official DOL plan name: Pension Fund of Heat and Frost Insulators Local 12 · Sponsored by Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 · New York · Construction

$141M in assets, 481 participants

Board of Trustees Pension Fund of Heat and Frost Insulators Local 12's Pension Fund of Heat and Frost Insulators Local 12 reported $141M in total assets and 481 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,279 in Construction (9,030 peers)

Where Pension Fund of Heat and Frost Insulators Local 12 sits by assets

Pension Fund of Heat and Frost Insulators Local 12 sits in the top 10% of all filed plans by assets, $141M for 481 participants (~$292,827/participant), up 11.9% in 2023.

#8,279
in Construction (9,030 peers)
+11.9%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Pension Fund of Heat and Frost Insulators Local 12's outsized position by total assets

Pension Fund of Heat and Frost Insulators Local 12 vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$140,849,853 Top 7% higher than 93% of 127,068 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 2023

Pension Fund of Heat and Frost Insulators Local 12 among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Fund of Heat and Frost Insulators Local 12 sits mid-pack in the medium band (481 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Fund of Heat and Frost Insulators Local 12 reported net income rose from -$17M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Pension Fund of Heat and Frost Insulators Local 12 end-of-year assets rose from $126M in the plan year 2022 filing to $141M in the plan year 2023 filing.
  • Pension Fund of Heat and Frost Insulators Local 12 reported participants fell from 504 in the plan year 2022 filing to 481 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 516045262 · Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 PY 2023 · Defined Benefit (Pension)

Pension Fund of Heat and Frost Insulators Local 12 · $141M · 481 · 93rd

  • 5500 $141M
  • 5500 481
  • 5500 93rd
  • 5500 Defined Benefit (Pension)
  • 5500 near Wakefern Pension Plan
  • 5500 ind #8279

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 New York →

Pension Fund of Heat and Frost Insulators Local 12 in the asset neighbourhood

Pension Fund of Heat and Frost Insulators Local 12Pension Fund of Heat and Fro…$141MWakefern Pension Plan$141MCroda Inc. Retirement Plan$141MPlumbers & Pipefitters Local 172 Pension FundPlumbers & Pipefitters Local…$141MPension Plan of the Plumbers & Pipefitters Local Union No. 630 Pension - Annuity Trust FundPension Plan of the Plumbers…$141M
End-of-year total assets ($M) among Pension Fund of Heat and Frost Insulators Local 12 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$126M
Net Assets (End of Year)$135M
Net Income$15M
Employer EIN516045262
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Pension Fund of Heat and Frost Insulators Local 12)

Sponsor-wide plan assets over time

All Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 plans reported in each filing year

Latest sponsor-wide plan assets
$155M 23.418899150209167% vs 2022
2024 filing year
$120M$130M$140M$150M$160M 202220232024 $126M $155M ▲ +23.4%
Year Plans Participants Total Assets
2022 1 504 $126M
2023 1 481 $141M
2024 1 413 $155M

Nearby Defined Benefit (Pension) Plans in New York

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

Pension Fund of Heat and Frost Insulators Local 12 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Pension Fund of Heat and Frost Insulators Local 12, Total assets ($B): 0.140849853 · Participants: 481Pension Fund of Heat and Frost Insulators Local 12IBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Pension Fund of Heat and Frost Insulators Local 12 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Pension Fund of Heat and Frost Insulators Local 12 side-by-side with 3 peers →

Pension Fund of Heat and Frost Insulators Local 12's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Wakefern Pension Plan in NJ ($141M); by covered participants it is U.a. Plumbers 63 & Steamfitters 353 Joint Pension in IN (481 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (481 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pension Fund of Heat and Frost Insulators Local 12 assets move in 2023? ▼
Pension Fund of Heat and Frost Insulators Local 12 grew at a solid clip - up 11.9% during 2023, from $126M to $141M. Reported net income was $15M.
How have Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Pension Fund of Heat and Frost Insulators Local 12's sponsor-wide assets grew 23.4%, from $126M to $155M.
Where does Pension Fund of Heat and Frost Insulators Local 12 rank by assets among Form 5500 filers? ▼
Pension Fund of Heat and Frost Insulators Local 12 ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Fund of Heat and Frost Insulators Local 12? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wakefern Pension Plan in NJ ($141M, 398 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Fund of Heat and Frost Insulators Local 12? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is U.a. Plumbers 63 & Steamfitters 353 Joint Pension in IN (481 participants, $145M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 516045262.

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.