Money Purchase · DOL Form 5500 · 2024
Heat & Frost Insulators & Asbestos Workers Local Union 38 Money Purchase Plan
Data updated 2026-08-11
- $24M
- Total assets
- 451
- Participants
- 74th
- Percentile by assets
- $53,715
- Avg per participant
Official DOL plan name: Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan · Sponsored by Heat & Frost Insulators & Asbestos Workers Local Union 38 · Pennsylvania · Construction
$24M in assets, 451 participants
Heat & Frost Insulators & Asbestos Workers Local Union 38's Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan reported $24M in total assets and 451 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.
- 74th percentile by assets (of 123,622 plans)
- #6,556 in Construction (9,039 peers)
Heat & Frost Insulators & Asbestos Workers Local Union 38 multi-year trail
Heat & Frost Insulators & Asbestos Workers Local Union 38's plans moved +21.2% in assets from 2022 to 2024; this filing shows Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan at $24M / 451 participants.
- $24M
- total plan assets (2024 EOY)
- 451
- covered participants
- 74th
- percentile by assets (of 123,622 plans)
- $53,715
- avg assets per participant
Where Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan sits by total assets
Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$24,225,339 Top 26% higher than 74% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan reported net income fell from $3M in the plan year 2023 filing to $63K in the plan year 2024 filing.
- Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan reported participants fell from 466 in the plan year 2023 filing to 451 in the plan year 2024 filing.
Heat & Frost Insulators & Asbestos Workers Local Union 38 across 3 plan years on file
Across the 3 plan years Heat & Frost Insulators & Asbestos Workers Local Union 38 has on file (2022-2024), sponsor-wide plan assets have moved from $37M to $45M, a gain of 21.2%, while reported participants moved from 580 to 539 (-7.1%). Peak year by sponsor assets: 2024 ($45M); trough: 2022 ($37M).
Heat & Frost Insulators & Asbestos Workers Local Union 38 multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 580 | $37M |
| 2023 | 2 | 555 | $42M |
| 2024 | 2 | 539 | $45M |
Heat & Frost Insulators & Asbestos Workers Local Union 38 filing trail (2024)
| Total Assets (Beginning of Year) | $24M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | $63K |
| Employer EIN | 236283938 |
| Plan Effective Date | 1961-07-01 |
| Filing Status | FILING RECEIVED |
Nearby Money Purchase Plans in Pennsylvania
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants
- Central Pennsylvania Teamsters Retirement Income Plan 1987 $806M · 3,427
- Duane Morris Retirement Plan $338M · 484
- IBEW Local Union 375 Electricians' Retirement Plan $193M · 657
- Milton Hershey School Money Purchase Pension Plan $181M · 1,500
- Retirement Plan for Faculty, Administrative and Professional Employees of University of Scranton $154M · 602
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan by total assets, not by location.
- Associated General Contractors of America, San Diego Chapter, Inc. Retirement Trust Fund Employee Pension Benefit Plan (CA) $24M · 281
- Landesbank Baden-Wuerttemberg Money Purchase Pension Plan (NY) $24M · 55
- Fos Feminista Money Purchase Pension Plan (NY) $24M · 43
- Charles R. Drew University of Medicine and Science Money Purchase Pension Plan (CA) $25M · 105
Frequently Asked Questions
How did Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan assets move in 2024? ▼
How have Heat & Frost Insulators & Asbestos Workers Local Union 38 plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan? ▼
Next read for Heat & Frost Insulators & Asbestos Worke…
Multi-year trail
Ways to act on Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan's numbers.
- By total assets, Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Pennsylvania. Compare plans
- Heat & Frost Insulators & Asbestos Workers Local Union 38's sponsor-wide assets have grown 21.2% since 2022 across 3 plan years on file. More Construction plans