Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Insulators Local No. 2 Pension Plan Pension Plan

Data updated 2026-08-11

$206M
Total assets: 458
Participants: 94th
Percentile by assets: $449,299
Avg per participant

Official DOL plan name: Insulators Local No. 2 Pension Plan · Sponsored by Board of Trustees Insulators Local No. 2 Pension Plan · Pennsylvania · Construction

$206M in assets, 458 participants

Board of Trustees Insulators Local No. 2 Pension Plan's Insulators Local No. 2 Pension Plan reported $206M in total assets and 458 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 123,622 plans)
#8,437 in Construction (9,039 peers)

Where Insulators Local No. 2 Pension Plan sits by assets

Insulators Local No. 2 Pension Plan sits in the top 10% of all filed plans by assets, $206M for 458 participants (~$449,299/participant), up 3.8% in 2024.

$206M
total plan assets (2024 EOY): 458
covered participants: 94th
percentile by assets (of 123,622 plans): $449,299
avg assets per participant

Insulators Local No. 2 Pension Plan reported net income fell from $10M in the plan year 2023 filing to $7M in the plan year 2024 filing.
Insulators Local No. 2 Pension Plan reported participants fell from 495 in the plan year 2023 filing to 458 in the plan year 2024 filing.
Insulators Local No. 2 Pension Plan end-of-year assets rose from $198M in the plan year 2023 filing to $206M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Construction

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

By assets, Insulators Local No. 2 Pension Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$198M
Net Assets (End of Year)	$206M
Net Income	$7M
Employer EIN	236030054
Plan Effective Date	1957-01-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Board of Trustees Insulators Local No. 2 Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	479	$188M
2023	1	495	$198M
2024	1	458	$206M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Insulators Local No. 2 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

National Elevator Industry Pension Plan $12.2B · 28,308
Steelworkers Pension Trust $7.2B · 46,110
The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
Constellation Retirement Program $5.0B · 4,809

Compare Insulators Local No. 2 Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Insulators Local No. 2 Pension Plan by total assets, not by location.

Alaska United Food and Commercial Workers Pension Trust (OR) $206M · 1,622
Plan for Retirement Allowances for Non Represented Employees (NJ) $206M · 173
Dynegy Pension Plan (TX) $206M · 853
News Corp Pension Plan (NY) $206M · 182

Frequently Asked Questions

How did Insulators Local No. 2 Pension Plan assets move in 2024? ▼

Insulators Local No. 2 Pension Plan edged up modestly - up 3.8% during 2024, from $198M to $206M. Reported net income was $7M.

How have Board of Trustees Insulators Local No. 2 Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Insulators Local No. 2 Pension Plan's sponsor-wide assets grew 9.3%, from $188M to $206M.

Where does Insulators Local No. 2 Pension Plan rank by assets among Form 5500 filers? ▼

Insulators Local No. 2 Pension Plan ranks in the 94th 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 Insulators Local No. 2 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Alaska United Food and Commercial Workers Pension Trust in OR ($206M, 1,622 participants).

Next read for Insulators Local No. 2 Pension Plan

Scale reading

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

By total assets, Insulators Local No. 2 Pension Plan 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 Pennsylvania. Compare plans
Board of Trustees Insulators Local No. 2 Pension Plan's sponsor-wide assets have grown 9.3% 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 236030054.