Money Purchase · DOL Form 5500 · 2024

Board of Trustees - Insulators Local No. 37 Retirement Plan Money Purchase Plan

Data updated 2026-08-11

$88M
Total assets: 1,136
Participants: 89th
Percentile by assets: $77,551
Avg per participant

Official DOL plan name: Insulators Local No. 37 Retirement Plan · Sponsored by Board of Trustees - Insulators Local No. 37 Retirement Plan · Tennessee · Construction

$88M in assets, 1,136 participants

Board of Trustees - Insulators Local No. 37 Retirement Plan's Insulators Local No. 37 Retirement Plan reported $88M in total assets and 1,136 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

89th percentile by assets (of 123,622 plans)
#7,941 in Construction (9,039 peers)

Where Insulators Local No. 37 Retirement Plan sits by assets

Insulators Local No. 37 Retirement Plan sits in the top quartile of all filed plans by assets, $88M for 1,136 participants (~$77,551/participant), up 8.9% in 2024.

$88M
total plan assets (2024 EOY): 1,136
covered participants: 89th
percentile by assets (of 123,622 plans): $77,551
avg assets per participant

Insulators Local No. 37 Retirement Plan reported net income fell from $14M in the plan year 2023 filing to $7M in the plan year 2024 filing.
Insulators Local No. 37 Retirement Plan end-of-year assets rose from $81M in the plan year 2023 filing to $88M in the plan year 2024 filing.
Insulators Local No. 37 Retirement Plan reported participants rose from 1,081 in the plan year 2023 filing to 1,136 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Tennessee

Industry

Construction

Insulators Local No. 37 Retirement Plan vs the 2024 asset distribution

By assets, Insulators Local No. 37 Retirement Plan outranks 89% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$81M
Net Assets (End of Year)	$88M
Net Income	$7M
Employer EIN	581912950
Plan Effective Date	1989-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees - Insulators Local No. 37 Retirement Plan)

Total plan assets by year, all Board of Trustees - Insulators Local No. 37 Retirement Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	1,067	$67M
2023	1	1,081	$81M
2024	1	1,136	$88M

Nearby Money Purchase Plans in Tennessee

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

Insulators Local No. 37 Retirement Plan vs. nearby Money Purchase plans in Tennessee, assets vs. participants

Southern Electrical Retirement Fund $2.2B · 11,461
IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan $434M · 2,070
Midwest Pipe Trades Retirement Plan $222M · 1,544
U. a. Local Union No. 614 Pension Plan $204M · 1,248
IBEW Local Union No. 915 Pension-Annuity Fund $115M · 1,864

Compare Insulators Local No. 37 Retirement Plan side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Insulators Local No. 37 Retirement Plan by total assets, not by location.

Marble Industry Annuity Trust Fund (NY) $88M · 311
Wisconsin Glaziers & Glassworkers Money Purchase Fund (WI) $88M · 420
Mainegeneral Health Retirement Income Plan (ME) $87M · 4,718
Roosevelt University 401(a) University Retirement Plan for Faculty and Administrators (IL) $87M · 392

Frequently Asked Questions

How did Insulators Local No. 37 Retirement Plan assets move in 2024? ▼

Insulators Local No. 37 Retirement Plan grew at a solid clip - up 8.9% during 2024, from $81M to $88M. Reported net income was $7M.

How have Board of Trustees - Insulators Local No. 37 Retirement Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees - Insulators Local No. 37 Retirement Plan's sponsor-wide assets grew 32.2%, from $67M to $88M.

Where does Insulators Local No. 37 Retirement Plan rank by assets among Form 5500 filers? ▼

Insulators Local No. 37 Retirement Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Money Purchase plans are similar in size to Insulators Local No. 37 Retirement Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Marble Industry Annuity Trust Fund in NY ($88M, 311 participants).

Next read for Insulators Local No. 37 Retirement Plan

Scale reading

Ways to act on Insulators Local No. 37 Retirement Plan's numbers.

By total assets, Insulators Local No. 37 Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Tennessee. Compare plans
Board of Trustees - Insulators Local No. 37 Retirement Plan's sponsor-wide assets have grown 32.2% 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 581912950.