Money Purchase · DOL Form 5500 · 2023
Heat & Frost Insulators & Asbestos Workers Local Union 38 Money Purchase Plan
Data updated 2026-08-25
- $24M
- Total assets Small plan by assets
- 466
- Participants Below avg headcount
- 76th
- Percentile by assets National rank
- $51,851
- Avg per participant Low balance/head
Official DOL plan name: Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan · Sponsored by Heat & Frost Insulators & Asbestos Workers Local Union 38 · Pennsylvania · Construction
$24M in assets, 466 participants
Heat & Frost Insulators & Asbestos Workers Local Union 38's Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan reported $24M in total assets and 466 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.
- #6,729 in Construction (9,030 peers)
Where Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan sits by assets
Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan sits in the top quartile of all filed plans by assets, $24M for 466 participants (~$51,851/participant), up 13.5% in 2023.
- #6,729
- in Construction (9,030 peers)
- +13.5%
- assets growth YoY
- 0.2×
- vs typical plan assets (national mean)
Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan's outsized position by total assets
Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$24,162,410 Top 24% higher than 76% 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
Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account 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. Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan sits mid-pack in the medium band (466 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan reported net income rose from -$6M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan end-of-year assets rose from $21M in the plan year 2022 filing to $24M in the plan year 2023 filing.
- Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan reported participants fell from 483 in the plan year 2022 filing to 466 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 236283938 · Heat & Frost Insulators & Asbestos Workers Local Union 38 PY 2023 · Money Purchase
Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan · $24M · 466 · 76th
- NET $24M
- BOOK 466
- VS-ST 76th
- BOY Money Purchase
- SCH near Community Hospital Employees Pension Plan
- EBSA ind #6729
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 →
Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | $3M |
| Employer EIN | 236283938 |
| Plan Effective Date | 1961-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Heat & Frost Insulators & Asbestos Workers Local Union 38)
Sponsor-wide plan assets over time
All Heat & Frost Insulators & Asbestos Workers Local Union 38 plans reported in each filing year
- Latest sponsor-wide plan assets
- $45M 21.19324489212637% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 580 | $37M |
| 2023 | 2 | 555 | $42M |
| 2024 | 2 | 539 | $45M |
Nearby Money Purchase Plans in Pennsylvania
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Central Pennsylvania Teamsters Retirement Income Plan 1987 $877M · 3,684
- Duane Morris Retirement Plan $321M · 478
- IBEW Local Union 375 Electricians' Retirement Plan $170M · 658
- Milton Hershey School Money Purchase Pension Plan $162M · 1,331
- Retirement Plan for Faculty, Administrative and Professional Employees of University of Scranton $145M · 632
Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan's out-of-state Money Purchase peers by assets and headcount
Outside Pennsylvania, the nearest Money Purchase by assets is Community Hospital Employees Pension Plan in NE ($24M); by covered participants it is Southern Ct IBEW Annuity Plan in CT (467 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($24M here).
Similar participant headcount
Nearest other-state filings by covered participants (466 participants); asset peers above are excluded.
- Southern Ct IBEW Annuity Plan (CT) 467 · 1 off
- Oocl (USA) Inc. Defined Contribution Pension Plan (UT) 464 · 2 off
- Plumbing and Pipe Fitting Industry Local 219 Annuity Fund (OH) 469 · 3 off
- Qlarant Money Purchase Pension Plan (MD) 470 · 4 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.