Profit Sharing · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$101M
Total assets Near avg plan size
521
Participants Below avg headcount
90th
Percentile by assets National rank
$193,424
Avg per participant Above avg balance/head
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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 90th 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.

  • #8,041 in Construction (9,039 peers)

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.

#8,041
in Construction (9,039 peers)
+9.0%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Insulators Local No. 2 Annuity Plan's outsized position by total assets

Insulators Local No. 2 Annuity Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$100,773,733 Top 10% higher than 90% of 123,620 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 2024

Insulators Local No. 2 Annuity Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Insulators Local No. 2 Annuity Plan sits mid-pack in the medium band (521 participants).

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 →

Form 5500 schedule snapshot

Filing strip 251400090 · Board of Trustees Insulators Local No. 2 Annuity Plan PY 2024 · Profit Sharing

Insulators Local No. 2 Annuity Plan · $101M · 521 · 90th

  • EOY $101M
  • 5500 521
  • ASSETS 90th
  • PCT Profit Sharing
  • EIN near Thatcher Company Profit Sharing Plan
  • RANK ind #8041

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. 2 Annuity Plan in the asset neighbourhood

Iron Workers Local 17 Annuity FundIron Workers Local 17 Annuit…$101MLarson Manufacturing Company Employee Profit Sharing PlanLarson Manufacturing Company…$101MBuyers Products Company Employees Profit Sharing PlanBuyers Products Company Empl…$101MThatcher Company Profit Sharing PlanThatcher Company Profit Shar…$101MInsulators Local No. 2 Annuity PlanInsulators Local No. 2 Annui…$101M
End-of-year total assets ($M) among Insulators Local No. 2 Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Board of Trustees Insulators Local No. 2 Annuity Plan plans reported in each filing year

Latest sponsor-wide plan assets
$101M 18.363008730959937% vs 2022
2024 filing year
$80M$85M$90M$95M$100M$105M 202220232024 $85.1M $101M ▲ +18.4%
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 Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Insulators Local No. 2 Annuity Plan, Total assets ($B): 0.100773733 · Participants: 521Insulators Local No. 2 Annuity PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.245462462 · Participants: 14807Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.995663035 · Participants: 21954University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.259021509 · Participants: 3927International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.876135705 · Participants: 10394Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.781454632 · Participants: 2477Morgan, Lewis & Bockius LLP Defined Contribution Plan
Insulators Local No. 2 Annuity Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Insulators Local No. 2 Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Thatcher Company Profit Sharing Plan in UT ($101M); by covered participants it is Mapfre Praico Retirement and Savings Plan Retirement and Savings Plan in PR (522 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 90th 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 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).
Which Profit Sharing plans cover a similar participant headcount to Insulators Local No. 2 Annuity Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Mapfre Praico Retirement and Savings Plan Retirement and Savings Plan in PR (522 participants, $70M in assets).