Profit Sharing · DOL Form 5500 · 2023

Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund Profit Sharing Plan

Data updated 2026-08-25

$207M
Total assets Near avg plan size
435
Participants Below avg headcount
95th
Percentile by assets National rank
$475,407
Avg per participant High balance/head
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Official DOL plan name: Heat and Frost Insulators Local 34 Pension Fund · Sponsored by Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund · Minnesota · Construction

$207M in assets, 435 participants

Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund's Heat and Frost Insulators Local 34 Pension Fund reported $207M in total assets and 435 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,485 in Construction (9,030 peers)

Coverage in Minnesota

Heat and Frost Insulators Local 34 Pension Fund covers 435 participants in Minnesota, about 39% of the average Minnesota filer (state average ~1,126 per filing). Assets: $207M.

#8,485
in Construction (9,030 peers)
+17.0%
assets growth YoY
2.1×
vs typical plan assets (national mean)

Heat and Frost Insulators Local 34 Pension Fund's outsized position by total assets

Heat and Frost Insulators Local 34 Pension Fund vs every filed plan by assets

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

$206,802,029 Top 5% higher than 95% 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

Heat and Frost Insulators Local 34 Pension Fund 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. Heat and Frost Insulators Local 34 Pension Fund sits mid-pack in the medium band (435 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Heat and Frost Insulators Local 34 Pension Fund reported net income rose from -$36M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Heat and Frost Insulators Local 34 Pension Fund end-of-year assets rose from $177M in the plan year 2022 filing to $207M in the plan year 2023 filing.
  • Heat and Frost Insulators Local 34 Pension Fund reported participants fell from 458 in the plan year 2022 filing to 435 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410574565 · Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund PY 2023 · Profit Sharing

Heat and Frost Insulators Local 34 Pension Fund · $207M · 435 · 95th

  • PART $207M
  • PART 435
  • PART 95th
  • PART Profit Sharing
  • PART near Peacehealth Southwest Medical Center Employer Contribution Plan
  • PART ind #8485

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 Minnesota →

Heat and Frost Insulators Local 34 Pension Fund in the asset neighbourhood

Concurrent Technologies Corporation Retirement Savings PlanConcurrent Technologies Corp…$208MPeacehealth Southwest Medical Center Employer Contribution PlanPeacehealth Southwest Medica…$207MHeat and Frost Insulators Local 34 Pension FundHeat and Frost Insulators Lo…$207MCfni Retirement Plan$206MAnalytic Services Inc. Defined Contribution Retirement PlanAnalytic Services Inc. Defin…$205M
End-of-year total assets ($M) among Heat and Frost Insulators Local 34 Pension Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$177M
Net Assets (End of Year)$207M
Net Income$30M
Employer EIN410574565
Plan Effective Date1965-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$231M 30.939527735695115% vs 2022
2024 filing year
$160M$180M$200M$220M$240M 202220232024 $177M $231M ▲ +30.9%
Year Plans Participants Total Assets
2022 1 458 $177M
2023 1 435 $207M
2024 1 474 $231M

Nearby Profit Sharing Plans in Minnesota

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

Heat and Frost Insulators Local 34 Pension Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.522.5 Total assets ($B) Participants Heat and Frost Insulators Local 34 Pension Fund, Total assets ($B): 0.206802029 · Participants: 435Heat and Frost Insulators Local 34 Pension FundEssentia Health Retirement Plan, Total assets ($B): 1.947015983 · Participants: 15491Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.617374084 · Participants: 6062Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.905961651 · Participants: 9417Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.609806339 · Participants: 4828Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.510990463 · Participants: 19870Cargill Employee Retirement Account Plan
Heat and Frost Insulators Local 34 Pension Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Heat and Frost Insulators Local 34 Pension Fund side-by-side with 3 peers →

Heat and Frost Insulators Local 34 Pension Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Peacehealth Southwest Medical Center Employer Contribution Plan in WA ($207M); by covered participants it is St. Anne Home Employees' Retirement Plan in IN (435 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (435 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 Heat and Frost Insulators Local 34 Pension Fund assets move in 2023? ▼
Heat and Frost Insulators Local 34 Pension Fund grew sharply - up 17.0% during 2023, from $177M to $207M. Reported net income was $30M.
How have Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund's sponsor-wide assets grew 30.9%, from $177M to $231M.
Where does Heat and Frost Insulators Local 34 Pension Fund rank by assets among Form 5500 filers? ▼
Heat and Frost Insulators Local 34 Pension Fund ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Heat and Frost Insulators Local 34 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Peacehealth Southwest Medical Center Employer Contribution Plan in WA ($207M, 3,300 participants).
Which Profit Sharing plans cover a similar participant headcount to Heat and Frost Insulators Local 34 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is St. Anne Home Employees' Retirement Plan in IN (435 participants, $4M 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 410574565.

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.