Defined Benefit (Pension) · DOL Form 5500 · 2024

Bd of Trustees-Heat & Frost Insulators and Allied Workers Local 6 Pen Pension Plan

Data updated 2026-08-11

$166M
Total assets
570
Participants
93rd
Percentile by assets
$291,837
Avg per participant
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Official DOL plan name: Heat & Frost Insulators and Allied Workers Local 6 Pension Fund · Sponsored by Bd of Trustees-Heat & Frost Insulators and Allied Workers Local 6 Pen · Massachusetts · Administrative & Support Services

$166M in assets, 570 participants

Bd of Trustees-Heat & Frost Insulators and Allied Workers Local 6 Pen's Heat & Frost Insulators and Allied Workers Local 6 Pension Fund reported $166M in total assets and 570 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #4,224 in Administrative & Support Services (4,368 peers)

Where Heat & Frost Insulators and Allied Workers Local 6 Pension Fund sits by assets

Heat & Frost Insulators and Allied Workers Local 6 Pension Fund sits in the top 10% of all filed plans by assets, $166M for 570 participants (~$291,837/participant), up 8.2% in 2024.

$166M
total plan assets (2024 EOY)
570
covered participants
93rd
percentile by assets (of 123,622 plans)
$291,837
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heat & Frost Insulators and Allied Workers Local 6 Pension Fund reported net income rose from $12M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Heat & Frost Insulators and Allied Workers Local 6 Pension Fund end-of-year assets rose from $154M in the plan year 2023 filing to $166M in the plan year 2024 filing.
  • Heat & Frost Insulators and Allied Workers Local 6 Pension Fund reported participants rose from 564 in the plan year 2023 filing to 570 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Heat & Frost Insulators and Allied Workers Local 6 Pension Fund vs the 2024 asset distribution

By assets, Heat & Frost Insulators and Allied Workers Local 6 Pension Fund outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$154M
Net Assets (End of Year)$163M
Net Income$15M
Employer EIN516135057
Plan Effective Date1954-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees-Heat & Frost Insulators and Allied Workers Local 6 Pen)

$130M$140M$150M$160M$170M 202220232024 $140M $166M â–² +18.9%
Total plan assets by year, all Bd of Trustees-Heat & Frost Insulators and Allied Workers Local 6 Pen plans on file
Year Plans Participants Total Assets
2022 1 552 $140M
2023 1 564 $154M
2024 1 570 $166M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Heat & Frost Insulators and Allied Workers Local 6 Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Heat & Frost Insulators and Allied Workers Local 6 Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Heat & Frost Insulat…Consolidated Cash Ba…New England Teamster…Liberty Mutual Retir…Massachusetts Instit…N. Atlantic States C…
Heat & Frost Insulators and Allied Workers Local 6 Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Heat & Frost Insulators and Allied Workers Local 6 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Heat & Frost Insulators and Allied Workers Local 6 Pension Fund assets move in 2024?
Heat & Frost Insulators and Allied Workers Local 6 Pension Fund grew at a solid clip - up 8.2% during 2024, from $154M to $166M. Reported net income was $15M.
How have Bd of Trustees-Heat & Frost Insulators and Allied Workers Local 6 Pen plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Trustees-Heat & Frost Insulators and Allied Workers Local 6 Pen's sponsor-wide assets grew 18.9%, from $140M to $166M.
Where does Heat & Frost Insulators and Allied Workers Local 6 Pension Fund rank by assets among Form 5500 filers?
Heat & Frost Insulators and Allied Workers Local 6 Pension Fund ranks in the 93rd 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 Heat & Frost Insulators and Allied Workers Local 6 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kone Inc. Employees' Retirement Plan in IL ($166M, 1,709 participants).

Scale reading

Ways to act on Heat & Frost Insulators and Allied Workers Local 6 Pension Fund's numbers.