Profit Sharing · DOL Form 5500 · 2024

Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund Profit Sharing Plan

Data updated 2026-08-25

$231M
Total assets Near avg plan size
474
Participants Below avg headcount
95th
Percentile by assets National rank
$488,142
Avg per participant High balance/head
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Official DOL plan name: Heat and Frost Insulators Local 34 Pension Fund · Sponsored by Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund · Minnesota · Construction

$231M in assets, 474 participants

Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund's Heat and Frost Insulators Local 34 Pension Fund reported $231M in total assets and 474 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,504 in Construction (9,039 peers)

Coverage in Minnesota

Heat and Frost Insulators Local 34 Pension Fund covers 474 participants in Minnesota, about 42% of the average Minnesota filer (state average ~1,126 per filing). Assets: $231M.

#8,504
in Construction (9,039 peers)
+11.9%
assets growth YoY
2.3×
vs typical plan assets (national mean)

Heat and Frost Insulators Local 34 Pension Fund's outsized position by total assets

Heat and Frost Insulators Local 34 Pension Fund vs every filed plan by assets

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

$231,379,454 Top 5% higher than 95% 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

Heat and Frost Insulators Local 34 Pension Fund 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. Heat and Frost Insulators Local 34 Pension Fund sits mid-pack in the medium band (474 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heat and Frost Insulators Local 34 Pension Fund reported net income fell from $30M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Heat and Frost Insulators Local 34 Pension Fund end-of-year assets rose from $207M in the plan year 2023 filing to $231M in the plan year 2024 filing.
  • Heat and Frost Insulators Local 34 Pension Fund reported participants rose from 435 in the plan year 2023 filing to 474 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 410574565 · Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund PY 2024 · Profit Sharing

Heat and Frost Insulators Local 34 Pension Fund · $231M · 474 · 95th

  • PCT $231M
  • EIN 474
  • RANK 95th
  • PHOTO Profit Sharing
  • IND near Iron Workers Defined Contribution Pension Fund Plan
  • EOY ind #8504

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 Minnesota →

Heat and Frost Insulators Local 34 Pension Fund in the asset neighbourhood

Dillon Companies, LLC Employees' Profit Sharing PlanDillon Companies, LLC Employ…$234MCfni Retirement Plan$233MIron Workers Defined Contribution Pension Fund PlanIron Workers Defined Contrib…$232MHeat and Frost Insulators Local 34 Pension FundHeat and Frost Insulators Lo…$231MNECA-IBEW Memphis Retirement PlanNECA-IBEW Memphis Retirement…$230M
End-of-year total assets ($M) among Heat and Frost Insulators Local 34 Pension Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$207M
Net Assets (End of Year)$231M
Net Income$25M
Employer EIN410574565
Plan Effective Date1965-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$231M 30.939527735695115% vs 2022
2024 filing year
$160M$180M$200M$220M$240M 202220232024 $177M $231M ▲ +30.9%
Year Plans Participants Total Assets
2022 1 458 $177M
2023 1 435 $207M
2024 1 474 $231M

Nearby Profit Sharing Plans in Minnesota

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

Heat and Frost Insulators Local 34 Pension Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.52 Total assets ($B) Participants Heat and Frost Insulators Local 34 Pension Fund, Total assets ($B): 0.231379454 · Participants: 474Heat and Frost Insulators Local 34 Pension FundPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.820221913 · Participants: 6017Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.902491999 · Participants: 8757Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.64405166 · Participants: 4702Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.612718536 · Participants: 20683Cargill Employee Retirement Account PlanRegions Hospital Retirement Savings 401(k) Plan, Total assets ($B): 0.601951844 · Participants: 6323Regions Hospital Retirement Savings 401(k) Plan
Heat and Frost Insulators Local 34 Pension Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Heat and Frost Insulators Local 34 Pension Fund side-by-side with 3 peers →

Heat and Frost Insulators Local 34 Pension Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Iron Workers Defined Contribution Pension Fund Plan in MI ($232M); by covered participants it is 403(b) Savings Plan for Employees of Vna Health Care in IL (475 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($231M here).

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 Heat and Frost Insulators Local 34 Pension Fund assets move in 2024? ▼
Heat and Frost Insulators Local 34 Pension Fund grew at a solid clip - up 11.9% during 2024, from $207M to $231M. Reported net income was $25M.
How have Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Heat and Frost Insulators Local 34 Pension Fund's sponsor-wide assets grew 30.9%, from $177M to $231M.
Where does Heat and Frost Insulators Local 34 Pension Fund rank by assets among Form 5500 filers? ▼
Heat and Frost Insulators Local 34 Pension Fund ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Heat and Frost Insulators Local 34 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Iron Workers Defined Contribution Pension Fund Plan in MI ($232M, 5,319 participants).
Which Profit Sharing plans cover a similar participant headcount to Heat and Frost Insulators Local 34 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is 403(b) Savings Plan for Employees of Vna Health Care in IL (475 participants, $26M in assets).

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 410574565.

Read our methodology - how this data is sourced, computed, and verified.

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