Defined Benefit (Pension) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$206M
Total assets Near avg plan size
458
Participants Below avg headcount
94th
Percentile by assets National rank
$449,299
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#8,437
in Construction (9,039 peers)
+3.8%
assets growth YoY
2.1×
vs typical plan assets (national mean)

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

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

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

$205,779,000 Top 6% higher than 94% 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 Pension 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 Pension Plan sits mid-pack in the medium band (458 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

DOL schedule card

Filing strip 236030054 · Board of Trustees Insulators Local No. 2 Pension Plan PY 2024 · Defined Benefit (Pension)

Insulators Local No. 2 Pension Plan · $206M · 458 · 94th

  • EOY $206M
  • EOY 458
  • EOY 94th
  • EOY Defined Benefit (Pension)
  • EOY near Alaska United Food and Commercial Workers Pension Trust
  • EOY ind #8437

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 Pension Plan in the asset neighbourhood

News Corp Pension Plan$206MDynegy Pension Plan$206MPlan for Retirement Allowances for Non Represented EmployeesPlan for Retirement Allowanc…$206MInsulators Local No. 2 Pension PlanInsulators Local No. 2 Pensi…$206MAlaska United Food and Commercial Workers Pension TrustAlaska United Food and Comme…$206M
End-of-year total assets ($M) among Insulators Local No. 2 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$198M
Net Assets (End of Year)$206M
Net Income$7M
Employer EIN236030054
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$206M 9.281727565043482% vs 2022
2024 filing year
$180M$190M$200M$210M 202220232024 $188M $206M ▲ +9.3%
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 Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Insulators Local No. 2 Pension Plan, Total assets ($B): 0.205779 · Participants: 458Insulators Local No. 2 Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Insulators Local No. 2 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Insulators Local No. 2 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Alaska United Food and Commercial Workers Pension Trust in OR ($206M); by covered participants it is Jones Day Pension Plan in OH (458 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($206M here).

Similar participant headcount

Nearest other-state filings by covered participants (458 participants); asset peers above are excluded.

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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Insulators Local No. 2 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Jones Day Pension Plan in OH (458 participants, $368M in assets).