Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 Pension Plan

Data updated 2026-08-11

$155M
Total assets
413
Participants
93rd
Percentile by assets
$376,251
Avg per participant
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Official DOL plan name: Pension Fund of Heat and Frost Insulators Local 12 · Sponsored by Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 · New York · Construction

$155M in assets, 413 participants

Board of Trustees Pension Fund of Heat and Frost Insulators Local 12's Pension Fund of Heat and Frost Insulators Local 12 reported $155M in total assets and 413 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #8,294 in Construction (9,039 peers)

Where Pension Fund of Heat and Frost Insulators Local 12 sits by assets

Pension Fund of Heat and Frost Insulators Local 12 sits in the top 10% of all filed plans by assets, $155M for 413 participants (~$376,251/participant), up 10.3% in 2024.

$155M
total plan assets (2024 EOY)
413
covered participants
93rd
percentile by assets (of 123,622 plans)
$376,251
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Fund of Heat and Frost Insulators Local 12 reported participants fell from 481 in the plan year 2023 filing to 413 in the plan year 2024 filing.
  • Pension Fund of Heat and Frost Insulators Local 12 end-of-year assets rose from $141M in the plan year 2023 filing to $155M in the plan year 2024 filing.
  • Pension Fund of Heat and Frost Insulators Local 12 reported net income fell from $15M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Pension Fund of Heat and Frost Insulators Local 12 vs the 2024 asset distribution

By assets, Pension Fund of Heat and Frost Insulators Local 12 outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$141M
Net Assets (End of Year)$150M
Net Income$14M
Employer EIN516045262
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Pension Fund of Heat and Frost Insulators Local 12)

$120M$130M$140M$150M$160M 202220232024 $126M $155M ▲ +23.4%
Total plan assets by year, all Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 plans on file
Year Plans Participants Total Assets
2022 1 504 $126M
2023 1 481 $141M
2024 1 413 $155M

Nearby Defined Benefit (Pension) Plans in New York

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

Pension Fund of Heat and Frost Insulators Local 12 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Pension Fund of Heat and Frost Insulators Local 12 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Pension Fund of Heat…IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
Pension Fund of Heat and Frost Insulators Local 12 vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Fund of Heat and Frost Insulators Local 12 by total assets, not by location.

Frequently Asked Questions

How did Pension Fund of Heat and Frost Insulators Local 12 assets move in 2024?
Pension Fund of Heat and Frost Insulators Local 12 grew at a solid clip - up 10.3% during 2024, from $141M to $155M. Reported net income was $14M.
How have Board of Trustees Pension Fund of Heat and Frost Insulators Local 12 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Pension Fund of Heat and Frost Insulators Local 12's sponsor-wide assets grew 23.4%, from $126M to $155M.
Where does Pension Fund of Heat and Frost Insulators Local 12 rank by assets among Form 5500 filers?
Pension Fund of Heat and Frost Insulators Local 12 ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Fund of Heat and Frost Insulators Local 12?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Employees' Retirement Plan of Stihl, Incorporated in VA ($155M, 2,655 participants).

Next read for Pension Fund of Heat and Frost Insulator…

Scale reading

Ways to act on Pension Fund of Heat and Frost Insulators Local 12's numbers.

  • By total assets, Pension Fund of Heat and Frost Insulators Local 12 ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
  • Board of Trustees Pension Fund of Heat and Frost Insulators Local 12's sponsor-wide assets have grown 23.4% since 2022 across 3 plan years on file. More Construction plans