Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Insulators Local No. 2 Pension Plan Pension Plan

Data updated 2026-08-25

$198M
Total assets Near avg plan size
495
Participants Below avg headcount
95th
Percentile by assets National rank
$400,551
Avg per participant High balance/head
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Official DOL plan name: Insulators Local No. 2 Pension Plan · Sponsored by Board of Trustees Insulators Local No. 2 Pension Plan · Pennsylvania · Construction

$198M in assets, 495 participants

Board of Trustees Insulators Local No. 2 Pension Plan's Insulators Local No. 2 Pension Plan reported $198M in total assets and 495 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.

  • #8,452 in Construction (9,030 peers)

Where Insulators Local No. 2 Pension Plan sits by assets

Insulators Local No. 2 Pension Plan sits in the top 5% of all filed plans by assets, $198M for 495 participants (~$400,551/participant), up 5.3% in 2023.

#8,452
in Construction (9,030 peers)
+5.3%
assets growth YoY
2.0×
vs typical plan assets (national mean)

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

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

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

$198,272,991 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

Insulators Local No. 2 Pension 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 Pension Plan sits mid-pack in the medium band (495 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Insulators Local No. 2 Pension Plan reported net income rose from -$24M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Insulators Local No. 2 Pension Plan end-of-year assets rose from $188M in the plan year 2022 filing to $198M in the plan year 2023 filing.
  • Insulators Local No. 2 Pension Plan reported participants rose from 479 in the plan year 2022 filing to 495 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 236030054 · Board of Trustees Insulators Local No. 2 Pension Plan PY 2023 · Defined Benefit (Pension)

Insulators Local No. 2 Pension Plan · $198M · 495 · 95th

  • 5500 $198M
  • ASSETS 495
  • PCT 95th
  • EIN Defined Benefit (Pension)
  • RANK near Alaska United Food & Commercial Workers Pension Fund
  • PHOTO ind #8452

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 Pension Plan in the asset neighbourhood

Ua Plumbers Local 24 Pension FundUa Plumbers Local 24 Pension…$199MBryan Health Employees' Retirement PlanBryan Health Employees' Reti…$199MInsulators Local No. 2 Pension PlanInsulators Local No. 2 Pensi…$198MAlaska United Food & Commercial Workers Pension FundAlaska United Food & Commerc…$198MTwu-Westchester Private Bus Lines Pension TrustTwu-Westchester Private Bus …$198M
End-of-year total assets ($M) among Insulators Local No. 2 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$188M
Net Assets (End of Year)$198M
Net Income$10M
Employer EIN236030054
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$206M 9.281727565043482% vs 2022
2024 filing year
$180M$190M$200M$210M 202220232024 $188M $206M ▲ +9.3%
Year Plans Participants Total Assets
2022 1 479 $188M
2023 1 495 $198M
2024 1 458 $206M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Insulators Local No. 2 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Insulators Local No. 2 Pension Plan, Total assets ($B): 0.198272991 · Participants: 495Insulators Local No. 2 Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Insulators Local No. 2 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Insulators Local No. 2 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Alaska United Food & Commercial Workers Pension Fund in OR ($198M); by covered participants it is Lewis Brothers Bakeries, Inc. Pension Plan in IL (495 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($198M here).

Similar participant headcount

Nearest other-state filings by covered participants (495 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 Insulators Local No. 2 Pension Plan assets move in 2023?
Insulators Local No. 2 Pension Plan grew at a solid clip - up 5.3% during 2023, from $188M to $198M. Reported net income was $10M.
How have Board of Trustees Insulators Local No. 2 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Insulators Local No. 2 Pension Plan's sponsor-wide assets grew 9.3%, from $188M to $206M.
Where does Insulators Local No. 2 Pension Plan rank by assets among Form 5500 filers?
Insulators Local No. 2 Pension Plan 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 Defined Benefit (Pension) plans are similar in size to Insulators Local No. 2 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alaska United Food & Commercial Workers Pension Fund in OR ($198M, 1,597 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Insulators Local No. 2 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lewis Brothers Bakeries, Inc. Pension Plan in IL (495 participants, $63M in assets).