Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Insulators Local No. 2 Annuity Plan Profit Sharing Plan

Data updated 2026-07-24

$101M
Total assets
521
Participants
91st
Percentile by assets
$193,424
Avg per participant
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Official DOL plan name: Insulators Local No. 2 Annuity Plan · Sponsored by Board of Trustees Insulators Local No. 2 Annuity Plan · Pennsylvania · Construction

$101M in assets, 521 participants

Board of Trustees Insulators Local No. 2 Annuity Plan's Insulators Local No. 2 Annuity Plan reported $101M in total assets and 521 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 116,472 plans)

Where Insulators Local No. 2 Annuity Plan sits by assets

Insulators Local No. 2 Annuity Plan sits in the top 10% of all filed plans by assets, $101M for 521 participants (~$193,424/participant), up 9.0% in 2024.

$101M
total plan assets (2024 EOY)
521
covered participants
91st
percentile by assets (of 116,472 plans)
$193,424
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Insulators Local No. 2 Annuity Plan reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Insulators Local No. 2 Annuity Plan end-of-year assets rose from $92M in the plan year 2023 filing to $101M in the plan year 2024 filing.
  • Insulators Local No. 2 Annuity Plan reported participants fell from 572 in the plan year 2023 filing to 521 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Insulators Local No. 2 Annuity Plan vs the 2024 asset distribution

By assets, Insulators Local No. 2 Annuity Plan outranks 91% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$92M
Net Assets (End of Year)$101M
Net Income$8M
Employer EIN251400090
Plan Effective Date1980-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Insulators Local No. 2 Annuity Plan)

$80M$85M$90M$95M$100M$105M 202220232024 $85.1M $101M ▲ +18.4%
Total plan assets by year, all Board of Trustees Insulators Local No. 2 Annuity Plan plans on file
Year Plans Participants Total Assets
2022 1 1,571 $85M
2023 1 572 $92M
2024 1 521 $101M

Nearby Profit Sharing Plans in Pennsylvania

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

Insulators Local No. 2 Annuity Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Insulators Local No. 2 Annuity Plan 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.…Eastern Atlantic Sta…University of Pennsy…International Brothe…Temple University He…Steamfitters Local U…
Insulators Local No. 2 Annuity Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Insulators Local No. 2 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Insulators Local No. 2 Annuity Plan assets move in 2024?
Insulators Local No. 2 Annuity Plan grew at a solid clip - up 9.0% during 2024, from $92M to $101M. Reported net income was $8M.
How have Board of Trustees Insulators Local No. 2 Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Insulators Local No. 2 Annuity Plan's sponsor-wide assets grew 18.4%, from $85M to $101M.
Where does Insulators Local No. 2 Annuity Plan rank by assets among Form 5500 filers?
Insulators Local No. 2 Annuity Plan ranks in the 91st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Insulators Local No. 2 Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Thatcher Company Profit Sharing Plan in UT ($101M, 536 participants).

Next read for Insulators Local No. 2 Annuity Plan

Scale reading

Ways to act on Insulators Local No. 2 Annuity Plan's numbers.

  • By total assets, Insulators Local No. 2 Annuity Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
  • Board of Trustees Insulators Local No. 2 Annuity Plan's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251400090.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.