Profit Sharing · DOL Form 5500 · 2024
Board of Trustees of Local 49 Heat and Frost Insulators Retirement Pl Profit Sharing Plan
Data updated 2026-08-06
- $17M
- Total assets
- 125
- Participants
- 68th
- Percentile by assets
- $139,485
- Avg per participant
Official DOL plan name: Local 49 Heat and Frost Insulators Retirement Plan · Sponsored by Board of Trustees of Local 49 Heat and Frost Insulators Retirement Pl · Minnesota · Construction
$17M in assets, 125 participants
Board of Trustees of Local 49 Heat and Frost Insulators Retirement Pl's Local 49 Heat and Frost Insulators Retirement Plan reported $17M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.
- 68th percentile by assets (of 116,472 plans)
Coverage in Minnesota
Local 49 Heat and Frost Insulators Retirement Plan covers 125 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,161 per filing). Assets: $17M.
- $17M
- total plan assets (2024 EOY)
- 125
- covered participants
- 68th
- percentile by assets (of 116,472 plans)
- $139,485
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local 49 Heat and Frost Insulators Retirement Plan reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
- Local 49 Heat and Frost Insulators Retirement Plan end-of-year assets rose from $16M in the plan year 2023 filing to $17M in the plan year 2024 filing.
- Local 49 Heat and Frost Insulators Retirement Plan reported participants fell from 128 in the plan year 2023 filing to 125 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Local 49 Heat and Frost Insulators Retirement Plan reports 125 participants - about 11% of that state average ($17M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $17M |
| Net Income | $1M |
| Employer EIN | 823088747 |
| Plan Effective Date | 2017-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Local 49 Heat and Frost Insulators Retirement Pl)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 94 | $15M |
| 2023 | 1 | 128 | $16M |
| 2024 | 1 | 125 | $17M |
Nearby Profit Sharing Plans in Minnesota
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Local 49 Heat and Frost Insulators Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
- Pipe Trades Services Mn Pension Supplement Fund $1.8B · 6,017
- Allina 403(b) Retirement Savings Plan $902M · 8,757
- Fairview Health Services Pension Plan $644M · 4,702
- Cargill Employee Retirement Account Plan $613M · 20,683
- Regions Hospital Retirement Savings 401(k) Plan $602M · 6,323
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Local 49 Heat and Frost Insulators Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Local 49 Heat and Frost Insulators Retirement Plan assets move in 2024? ▼
How have Board of Trustees of Local 49 Heat and Frost Insulators Retirement Pl plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Local 49 Heat and Frost Insulators Retirement Plan? ▼
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Filing takeaways
Ways to act on Local 49 Heat and Frost Insulators Retirement Plan's numbers.
- By total assets, Local 49 Heat and Frost Insulators Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
- Board of Trustees of Local 49 Heat and Frost Insulators Retirement Pl's sponsor-wide assets have grown 16.0% 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 823088747.
Read our methodology - how this data is sourced, computed, and verified.