Defined Benefit (Pension) · DOL Form 5500 · 2023

Insulators Local 23 Pension Fund Board of Administration Pension Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
150
Participants Small participant base
88th
Percentile by assets National rank
$438,348
Avg per participant High balance/head
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Official DOL plan name: Insulators Local 23 Pension Plan · Sponsored by Insulators Local 23 Pension Fund Board of Administration · Pennsylvania · Construction

$66M in assets, 150 participants

Insulators Local 23 Pension Fund Board of Administration's Insulators Local 23 Pension Plan reported $66M in total assets and 150 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,767 in Construction (9,030 peers)

Coverage in Pennsylvania

Insulators Local 23 Pension Plan covers 150 participants in Pennsylvania, about 18% of the average Pennsylvania filer (state average ~822 per filing). Assets: $66M.

#7,767
in Construction (9,030 peers)
+10.3%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Insulators Local 23 Pension Plan's outsized position by total assets

Insulators Local 23 Pension Plan vs every filed plan by assets

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

$65,752,190 Top 12% higher than 88% 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 23 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 23 Pension Plan sits mid-pack in the medium band (150 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Insulators Local 23 Pension Plan reported net income rose from $3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Insulators Local 23 Pension Plan reported participants fell from 189 in the plan year 2022 filing to 150 in the plan year 2023 filing.
  • Insulators Local 23 Pension Plan end-of-year assets rose from $60M in the plan year 2022 filing to $66M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 231990729 · Insulators Local 23 Pension Fund Board of Administration PY 2023 · Defined Benefit (Pension)

Insulators Local 23 Pension Plan · $66M · 150 · 88th

  • SCH $66M
  • SCH 150
  • SCH 88th
  • SCH Defined Benefit (Pension)
  • SCH near Local 966 Pension Plan
  • SCH ind #7767

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 23 Pension Plan in the asset neighbourhood

Heat and Frost Insulators Pension PlanHeat and Frost Insulators Pe…$66MLocal 966 Pension Plan$66MInsulators Local 23 Pension PlanInsulators Local 23 Pension …$66MMajor League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$66MI.B.E.W. Local 490 Pension FundI.B.E.W. Local 490 Pension F…$66M
End-of-year total assets ($M) among Insulators Local 23 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$66M
Net Income$6M
Employer EIN231990729
Plan Effective Date1974-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Insulators Local 23 Pension Fund Board of Administration)

Sponsor-wide plan assets over time

All Insulators Local 23 Pension Fund Board of Administration plans reported in each filing year

Latest sponsor-wide plan assets
$69M 15.955817407640877% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59.6M $69.2M ▲ +16.0%
Year Plans Participants Total Assets
2022 1 189 $60M
2023 1 150 $66M
2024 1 162 $69M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Insulators Local 23 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Insulators Local 23 Pension Plan, Total assets ($B): 0.06575219 · Participants: 150Insulators Local 23 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 23 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Insulators Local 23 Pension Plan side-by-side with 3 peers →

Insulators Local 23 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Local 966 Pension Plan in MD ($66M); by covered participants it is Retirement Plan for the Employees of the Jewish Home of Rochester in NY (150 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($66M here).

Similar participant headcount

Nearest other-state filings by covered participants (150 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 23 Pension Plan assets move in 2023? ▼
Insulators Local 23 Pension Plan grew at a solid clip - up 10.3% during 2023, from $60M to $66M. Reported net income was $6M.
How have Insulators Local 23 Pension Fund Board of Administration plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Insulators Local 23 Pension Fund Board of Administration's sponsor-wide assets grew 16.0%, from $60M to $69M.
Where does Insulators Local 23 Pension Plan rank by assets among Form 5500 filers? ▼
Insulators Local 23 Pension Plan ranks in the 88th 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 Defined Benefit (Pension) plans are similar in size to Insulators Local 23 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 966 Pension Plan in MD ($66M, 43 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Insulators Local 23 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for the Employees of the Jewish Home of Rochester in NY (150 participants, N/A 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 231990729.

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.