Defined Benefit (Pension) · DOL Form 5500 · 2024

Insulators Local No. 53 Pension Fund Pension Plan

Data updated 2026-07-24

$49M
Total assets: 737
Participants: 84th
Percentile by assets: $66,886
Avg per participant

Official DOL plan name: Insulators Local No. 53 Pension · Sponsored by Insulators Local No. 53 Pension Fund · Louisiana · Construction

$49M in assets, 737 participants

Insulators Local No. 53 Pension Fund's Insulators Local No. 53 Pension reported $49M in total assets and 737 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

84th percentile by assets (of 116,472 plans)

Where Insulators Local No. 53 Pension sits by assets

Insulators Local No. 53 Pension sits in the top quartile of all filed plans by assets, $49M for 737 participants (~$66,886/participant), up 1.9% in 2024.

$49M
total plan assets (2024 EOY): 737
covered participants: 84th
percentile by assets (of 116,472 plans): $66,886
avg assets per participant

Insulators Local No. 53 Pension reported net income fell from $1M in the plan year 2023 filing to $917K in the plan year 2024 filing.
Insulators Local No. 53 Pension reported participants fell from 818 in the plan year 2023 filing to 737 in the plan year 2024 filing.
Insulators Local No. 53 Pension end-of-year assets rose from $48M in the plan year 2023 filing to $49M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Louisiana

Industry

Construction

Insulators Local No. 53 Pension vs the 2024 asset distribution

By assets, Insulators Local No. 53 Pension outranks 84% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$48M
Net Assets (End of Year)	$49M
Net Income	$917K
Employer EIN	720542804
Plan Effective Date	1959-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Insulators Local No. 53 Pension Fund)

Total plan assets by year, all Insulators Local No. 53 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	826	$47M
2023	1	818	$48M
2024	1	737	$49M

Nearby Defined Benefit (Pension) Plans in Louisiana

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

Insulators Local No. 53 Pension vs. nearby Defined Benefit (Pension) plans in Louisiana, assets vs. participants

Lumen Combined Pension Plan $4.3B · 10,043
Entergy Corporation Retirement Plan for Non-Bargaining Employees $1.8B · 6,385
Entergy Corporation Retirement Plan VI for Non-Bargaining Employees $1.6B · 783
Entergy Corporation Retirement Plan for Bargaining Employees $916M · 2,317
Ochsner Clinic Foundation Retirement Plan $444M · 1,347

Compare Insulators Local No. 53 Pension side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Insulators Local No. 53 Pension by total assets, not by location.

Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Nebraska (NE) $49M · 109
Calgon Carbon Corporation Pension Plan for Hourly-Rated Employees Big Sandy Plant (PA) $49M · 65
Genesis Alkali, LLC Union Retirement Plan (PA) $49M · 664
Symrise Inc. Retirement Plan (NJ) $49M · 203

Frequently Asked Questions

How did Insulators Local No. 53 Pension assets move in 2024? ▼

Insulators Local No. 53 Pension edged up modestly - up 1.9% during 2024, from $48M to $49M. Reported net income was $917K.

How have Insulators Local No. 53 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Insulators Local No. 53 Pension Fund's sponsor-wide assets grew 4.8%, from $47M to $49M.

Where does Insulators Local No. 53 Pension rank by assets among Form 5500 filers? ▼

Insulators Local No. 53 Pension ranks in the 84th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Insulators Local No. 53 Pension? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Nebraska in NE ($49M, 109 participants).

Next read for Insulators Local No. 53 Pension

Scale reading

Ways to act on Insulators Local No. 53 Pension's numbers.

By total assets, Insulators Local No. 53 Pension ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Louisiana. Compare plans
Insulators Local No. 53 Pension Fund's sponsor-wide assets have grown 4.8% 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 720542804.

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.