Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Insulators Local No. 2 Annuity Plan Profit Sharing Plan

Data updated 2026-08-25

$92M
Total assets Below avg plan size
572
Participants Below avg headcount
91st
Percentile by assets National rank
$161,577
Avg per participant Above avg balance/head
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Official DOL plan name: Insulators Local No. 2 Annuity Plan · Sponsored by Board of Trustees Insulators Local No. 2 Annuity Plan · Pennsylvania · Construction

$92M in assets, 572 participants

Board of Trustees Insulators Local No. 2 Annuity Plan's Insulators Local No. 2 Annuity Plan reported $92M in total assets and 572 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,036 in Construction (9,030 peers)

Where Insulators Local No. 2 Annuity Plan sits by assets

Insulators Local No. 2 Annuity Plan sits in the top 10% of all filed plans by assets, $92M for 572 participants (~$161,577/participant), up 8.6% in 2023.

#8,036
in Construction (9,030 peers)
+8.6%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Insulators Local No. 2 Annuity Plan's outsized position by total assets

Insulators Local No. 2 Annuity Plan vs every filed plan by assets

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

$92,422,205 Top 9% higher than 91% 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

Insulators Local No. 2 Annuity Plan 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. Insulators Local No. 2 Annuity Plan sits mid-pack in the medium band (572 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Insulators Local No. 2 Annuity Plan reported net income rose from -$14M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Insulators Local No. 2 Annuity Plan reported participants fell from 1,571 in the plan year 2022 filing to 572 in the plan year 2023 filing.
  • Insulators Local No. 2 Annuity Plan end-of-year assets rose from $85M in the plan year 2022 filing to $92M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 251400090 · Board of Trustees Insulators Local No. 2 Annuity Plan PY 2023 · Profit Sharing

Insulators Local No. 2 Annuity Plan · $92M · 572 · 91st

  • EBSA $92M
  • EBSA 572
  • EBSA 91st
  • EBSA Profit Sharing
  • EBSA near Hood College Defined Contribution Retirement Plan
  • EBSA ind #8036

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 No. 2 Annuity Plan in the asset neighbourhood

Bricklayers Supplemental Annuity FundBricklayers Supplemental Ann…$93MLowenstein Sandler Profit Sharing PlanLowenstein Sandler Profit Sh…$93MBoston Scientific Corporation 401(k) Retirement Savings Plan for Puerto Rico AffiliatesBoston Scientific Corporatio…$93MHood College Defined Contribution Retirement PlanHood College Defined Contrib…$93MInsulators Local No. 2 Annuity PlanInsulators Local No. 2 Annui…$92M
End-of-year total assets ($M) among Insulators Local No. 2 Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$92M
Net Income$7M
Employer EIN251400090
Plan Effective Date1980-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Insulators Local No. 2 Annuity Plan)

Sponsor-wide plan assets over time

All Board of Trustees Insulators Local No. 2 Annuity Plan plans reported in each filing year

Latest sponsor-wide plan assets
$101M 18.363008730959937% vs 2022
2024 filing year
$80M$85M$90M$95M$100M$105M 202220232024 $85.1M $101M ▲ +18.4%
Year Plans Participants Total Assets
2022 1 1,571 $85M
2023 1 572 $92M
2024 1 521 $101M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Insulators Local No. 2 Annuity Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Insulators Local No. 2 Annuity Plan, Total assets ($B): 0.092422205 · Participants: 572Insulators Local No. 2 Annuity PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
Insulators Local No. 2 Annuity Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Insulators Local No. 2 Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Hood College Defined Contribution Retirement Plan in MD ($93M); by covered participants it is Planned Parenthood Great Northwest Hawaii Alaska Indiana Kentucky 403b Thrift Plan in WA (572 participants). Same-state nearby plans are listed separately above.

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 Insulators Local No. 2 Annuity Plan assets move in 2023? ▼
Insulators Local No. 2 Annuity Plan grew at a solid clip - up 8.6% during 2023, from $85M to $92M. Reported net income was $7M.
How have Board of Trustees Insulators Local No. 2 Annuity Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Insulators Local No. 2 Annuity Plan's sponsor-wide assets grew 18.4%, from $85M to $101M.
Where does Insulators Local No. 2 Annuity Plan rank by assets among Form 5500 filers? ▼
Insulators Local No. 2 Annuity Plan ranks in the 91st 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 Profit Sharing plans are similar in size to Insulators Local No. 2 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Hood College Defined Contribution Retirement Plan in MD ($93M, 325 participants).
Which Profit Sharing plans cover a similar participant headcount to Insulators Local No. 2 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Planned Parenthood Great Northwest Hawaii Alaska Indiana Kentucky 403b Thrift Plan in WA (572 participants, $31M in assets).