Profit Sharing · DOL Form 5500 · 2023

Insulators Local No. 23 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
357
Participants Below avg headcount
81st
Percentile by assets National rank
$94,308
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Insulators Local No. 23 Annuity Fund · Sponsored by Insulators Local No. 23 Annuity Fund · Pennsylvania · Construction

$34M in assets, 357 participants

Insulators Local No. 23 Annuity Fund's Insulators Local No. 23 Annuity Fund reported $34M in total assets and 357 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,146 in Construction (9,030 peers)

Coverage in Pennsylvania

Insulators Local No. 23 Annuity Fund covers 357 participants in Pennsylvania, about 43% of the average Pennsylvania filer (state average ~822 per filing). Assets: $34M.

#7,146
in Construction (9,030 peers)
+2.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Insulators Local No. 23 Annuity Fund's outsized position by total assets

Insulators Local No. 23 Annuity Fund vs every filed plan by assets

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

$33,668,109 Top 19% higher than 81% 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. 23 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. Insulators Local No. 23 Annuity Fund sits mid-pack in the medium band (357 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Insulators Local No. 23 Annuity Fund reported net income fell from $1M in the plan year 2022 filing to $766K in the plan year 2023 filing.
  • Insulators Local No. 23 Annuity Fund reported participants fell from 401 in the plan year 2022 filing to 357 in the plan year 2023 filing.
  • Insulators Local No. 23 Annuity Fund end-of-year assets rose from $33M in the plan year 2022 filing to $34M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 251586636 · Insulators Local No. 23 Annuity Fund PY 2023 · Profit Sharing

Insulators Local No. 23 Annuity Fund · $34M · 357 · 81st

  • NET $34M
  • BOOK 357
  • VS-ST 81st
  • BOY Profit Sharing
  • SCH near Sinai Health System Retirement Plan
  • EBSA ind #7146

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. 23 Annuity Fund in the asset neighbourhood

Insulators Local No. 23 Annuity FundInsulators Local No. 23 Annu…$34MSinai Health System Retirement PlanSinai Health System Retireme…$34MThe Heritage Foundation Retirement PlanThe Heritage Foundation Reti…$34MGeffen, Mesher & Co., P.C. 401(k) PlanGeffen, Mesher & Co., P.C. 4…$34MDyke Industries, Inc. Profit Sharing Plan & TrustDyke Industries, Inc. Profit…$34M
End-of-year total assets ($M) among Insulators Local No. 23 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$34M
Net Income$766K
Employer EIN251586636
Plan Effective Date1988-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Insulators Local No. 23 Annuity Fund)

Sponsor-wide plan assets over time

All Insulators Local No. 23 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$37M 12.346795636573763% vs 2022
2024 filing year
$32M$34M$36M$38M 202220232024 $32.9M $37M ▲ +12.4%
Year Plans Participants Total Assets
2022 1 401 $33M
2023 1 357 $34M
2024 1 315 $37M

Nearby Profit Sharing Plans in Pennsylvania

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

Insulators Local No. 23 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Insulators Local No. 23 Annuity Fund, Total assets ($B): 0.033668109 · Participants: 357Insulators Local No. 23 Annuity FundEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
Insulators Local No. 23 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Insulators Local No. 23 Annuity Fund side-by-side with 3 peers →

Insulators Local No. 23 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Sinai Health System Retirement Plan in IL ($34M); by covered participants it is Cossma, Inc. Retirement Plan in PR (357 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($34M here).

Similar participant headcount

Nearest other-state filings by covered participants (357 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. 23 Annuity Fund assets move in 2023? ▼
Insulators Local No. 23 Annuity Fund edged up modestly - up 2.3% during 2023, from $33M to $34M. Reported net income was $766K.
How have Insulators Local No. 23 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Insulators Local No. 23 Annuity Fund's sponsor-wide assets grew 12.3%, from $33M to $37M.
Where does Insulators Local No. 23 Annuity Fund rank by assets among Form 5500 filers? ▼
Insulators Local No. 23 Annuity Fund ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Insulators Local No. 23 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Sinai Health System Retirement Plan in IL ($34M, 1,717 participants).
Which Profit Sharing plans cover a similar participant headcount to Insulators Local No. 23 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Cossma, Inc. Retirement Plan in PR (357 participants, $13M 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 251586636.

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.