Money Purchase · DOL Form 5500 · 2024

Heat and Frost Insulators Local 47 Retirement Savings Trust Fund Money Purchase Plan

Data updated 2026-08-11

$1M
Total assets: 248
Participants: 23rd
Percentile by assets: $4,196
Avg per participant

Official DOL plan name: Heat and Frost Insulators Local 47 Retirement Savings Plan · Sponsored by Heat and Frost Insulators Local 47 Retirement Savings Trust Fund · Michigan · Construction

$1M in assets, 248 participants

Heat and Frost Insulators Local 47 Retirement Savings Trust Fund's Heat and Frost Insulators Local 47 Retirement Savings Plan reported $1M in total assets and 248 participants in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

23rd percentile by assets (of 123,622 plans)
#1,991 in Construction (9,039 peers)

Coverage in Michigan

Heat and Frost Insulators Local 47 Retirement Savings Plan covers 248 participants in Michigan, about 39% of the average Michigan filer (state average ~638 per filing). Assets: $1M.

$1M
total plan assets (2024 EOY): 248
covered participants: 23rd
percentile by assets (of 123,622 plans): $4,196
avg assets per participant

Heat and Frost Insulators Local 47 Retirement Savings Plan end-of-year assets rose from $181K in the plan year 2023 filing to $1M in the plan year 2024 filing.
Heat and Frost Insulators Local 47 Retirement Savings Plan reported net income rose from $171K in the plan year 2023 filing to $851K in the plan year 2024 filing.
Heat and Frost Insulators Local 47 Retirement Savings Plan reported participants rose from N/A in the plan year 2023 filing to 248 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Heat and Frost Insulators Local 47 Retirement Savings Plan reports 248 participants - about 39% of that state average ($1M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$181K
Net Assets (End of Year)	$1M
Net Income	$851K
Employer EIN	932682845
Plan Effective Date	2023-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Heat and Frost Insulators Local 47 Retirement Savings Trust Fund)

Total plan assets by year, all Heat and Frost Insulators Local 47 Retirement Savings Trust Fund plans on file

Year	Plans	Participants	Total Assets
2023	1	N/A	$181K
2024	1	248	$1M

Nearby Money Purchase Plans in Michigan

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Heat and Frost Insulators Local 47 Retirement Savings Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants

Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan $1.6B · 35,197
Michigan Regional Council of Carpenters' Annuity Fund $531M · 17,855
P & M Holding Group, LLP & Affiliated Entities Pension Plan $250M · 1,182
Operating Engineers' Local 324, Defined Contribution Pension Plan $248M · 7,667
Michigan Laborers' Annuity Fund $129M · 4,355

Compare Heat and Frost Insulators Local 47 Retir… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Heat and Frost Insulators Local 47 Retirement Savings Plan by total assets, not by location.

Jim G. Taylor, O.D., P.C. Profit Sharing Plan (TN) $1M · 3
Purnachandra Yerneni Md Keogh Profit Sharing (LA) $1M · N/A
Carlos Manuel Cidre Miranda, Md Retirement Plan (PR) $1M · 3
Farmers and Merchants Bank of Craig County Pension Plan (VA) $1M · 13

Frequently Asked Questions

How did Heat and Frost Insulators Local 47 Retirement Savings Plan assets move in 2024? ▼

Heat and Frost Insulators Local 47 Retirement Savings Plan surged - up 473.7% during 2024, from $181K to $1M. Reported net income was $851K.

How have Heat and Frost Insulators Local 47 Retirement Savings Trust Fund plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Heat and Frost Insulators Local 47 Retirement Savings Trust Fund's sponsor-wide assets grew 473.7%, from $181K to $1M.

Where does Heat and Frost Insulators Local 47 Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Heat and Frost Insulators Local 47 Retirement Savings Plan ranks in the 23rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).

Which Money Purchase plans are similar in size to Heat and Frost Insulators Local 47 Retirement Savings Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Jim G. Taylor, O.D., P.C. Profit Sharing Plan in TN ($1M, 3 participants).

Next read for Heat and Frost Insulators Local 47 Retir…

Filing takeaways

Ways to act on Heat and Frost Insulators Local 47 Retirement Savings Plan's numbers.

By total assets, Heat and Frost Insulators Local 47 Retirement Savings Plan ranks among the smaller plans by assets on file. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Michigan. Compare plans
Heat and Frost Insulators Local 47 Retirement Savings Trust Fund's sponsor-wide assets have grown 473.7% since 2023 across 2 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 932682845.