Other
2023 plan-year Other DOL Form 5500

Insulators Local No. 53 Pension

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Insulators Local No. 53 Pension Fund · Louisiana · Construction

What the 2023 filing shows

Insulators Local No. 53 Pension holds $48M for 818 participants — about $59,142 per participant, up 2.8% over the 2023 plan year.

$48M
total plan assets (2023 EOY)
818
covered participants
$59,142
avg assets per participant
+2.8%
assets growth YoY
Total Assets (2023)
$48M
Participants
818
State
Industry
Construction

What the Filing Says About Insulators Local No. 53 Pension

Insulators Local No. 53 Pension is a Other retirement plan sponsored by Insulators Local No. 53 Pension Fund, headquartered in Louisiana. As of the 2023 Form 5500 filing, the plan reports $48M in total end-of-year assets and covers 818 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 720542804, and the plan has been effective since 1959-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $47M at the beginning of 2023 to $48M at year-end — a gain of 2.8%. Net assets (after liabilities) closed the year at $48M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$47M
Total Assets (End of Year)$48M
Net Assets (End of Year)$48M
Net Income$1M
Plan TypeOther
Employer EIN720542804
Plan Effective Date1959-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Insulators Local No. 53 Pension Fund)

Year Plans Participants Total Assets
2022 1 826 $47M
2023 1 818 $48M
2024 1 737 $49M

Nearby Other Plans in Louisiana

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Insulators Local No. 53 Pension?
As of the 2023 Form 5500 filing, Insulators Local No. 53 Pension holds $48M in total assets with 818 participants. It is sponsored by Insulators Local No. 53 Pension Fund.
What type of plan is Insulators Local No. 53 Pension?
Insulators Local No. 53 Pension is a Other plan. It has been effective since 1959-11-01. The plan is filed with the U.S. Department of Labor under EIN 720542804.
Who sponsors the Insulators Local No. 53 Pension?
Insulators Local No. 53 Pension is sponsored by Insulators Local No. 53 Pension Fund, located in Louisiana. The sponsor's EIN is 720542804 and the plan operates in the Construction industry.
How did Insulators Local No. 53 Pension perform in 2023?
Insulators Local No. 53 Pension grew by 2.8% during 2023, moving from $47M to $48M in total assets. Net income was $1M.
Where can I find official filings for Insulators Local No. 53 Pension?
Official Form 5500 filings for Insulators Local No. 53 Pension are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 720542804 or plan name at efast.dol.gov.
How does Insulators Local No. 53 Pension compare to other plans?
You can compare Insulators Local No. 53 Pension against other Other plans on the plan type page, or view plans in Louisiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 720542804.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.