Profit Sharing · DOL Form 5500 · 2023
Board of Trustees of Local 40 Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $11M
- Total assets Small plan by assets
- 135
- Participants Small participant base
- 60th
- Percentile by assets National rank
- $78,300
- Avg per participant Below avg balance/head
Official DOL plan name: International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund · Sponsored by Board of Trustees of Local 40 Annuity Fund · Pennsylvania · Construction
$11M in assets, 135 participants
Board of Trustees of Local 40 Annuity Fund's International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund reported $11M in total assets and 135 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.
- #5,254 in Construction (9,030 peers)
Coverage in Pennsylvania
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund covers 135 participants in Pennsylvania, about 16% of the average Pennsylvania filer (state average ~822 per filing). Assets: $11M.
- #5,254
- in Construction (9,030 peers)
- +8.1%
- assets growth YoY
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund's mid-pack asset rank among Construction and all filers
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$10,570,514 Top 40% higher than 60% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity 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. International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund sits mid-pack in the medium band (135 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund reported net income rose from -$526K in the plan year 2022 filing to $1M in the plan year 2023 filing.
- International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund reported participants rose from 121 in the plan year 2022 filing to 135 in the plan year 2023 filing.
- International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 141514924 · Board of Trustees of Local 40 Annuity Fund PY 2023 · Profit Sharing
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund · $11M · 135 · 60th
- IND $11M
- IND 135
- IND 60th
- IND Profit Sharing
- IND near Neue Galerie New York 403(b) Plan
- IND ind #5254
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 →
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | $1M |
| Employer EIN | 141514924 |
| Plan Effective Date | 1988-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Local 40 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees of Local 40 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $11M 17.218042266934958% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 121 | $10M |
| 2023 | 1 | 135 | $11M |
| 2024 | 1 | 106 | $11M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
International Association of Heat and Frost Insulators and Allied Workers Local No. 40 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside Pennsylvania, the nearest Profit Sharing by assets is Neue Galerie New York 403(b) Plan in NY ($11M); by covered participants it is Prudential Lighting Profit Sharing Plan and Trust in CA (135 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($11M here).
- Neue Galerie New York 403(b) Plan (NY) $11M · 115
- Medinatura, Inc. Retirement Plan (NM) $11M · 37
- James E. Hanson, Inc. Profit Sharing Plan (NJ) $11M · 34
- The Nord Center Retirement Plan (OH) $11M · 244
Similar participant headcount
Nearest other-state filings by covered participants (135 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.