Defined Benefit (Pension) · DOL Form 5500 · 2024

Insulators Local 23 Pension Fund Board of Administration Pension Plan

Data updated 2026-08-25

$69M
Total assets Below avg plan size
162
Participants Small participant base
87th
Percentile by assets National rank
$426,829
Avg per participant High balance/head
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Official DOL plan name: Insulators Local 23 Pension Plan · Sponsored by Insulators Local 23 Pension Fund Board of Administration · Pennsylvania · Construction

$69M in assets, 162 participants

Insulators Local 23 Pension Fund Board of Administration's Insulators Local 23 Pension Plan reported $69M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,733 in Construction (9,039 peers)

Coverage in Pennsylvania

Insulators Local 23 Pension Plan covers 162 participants in Pennsylvania, about 20% of the average Pennsylvania filer (state average ~822 per filing). Assets: $69M.

#7,733
in Construction (9,039 peers)
+5.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Insulators Local 23 Pension Plan's outsized position by total assets

Insulators Local 23 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$69,146,344 Top 13% higher than 87% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Insulators Local 23 Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Insulators Local 23 Pension Plan sits mid-pack in the medium band (162 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Insulators Local 23 Pension Plan reported net income fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Insulators Local 23 Pension Plan reported participants rose from 150 in the plan year 2023 filing to 162 in the plan year 2024 filing.
  • Insulators Local 23 Pension Plan end-of-year assets rose from $66M in the plan year 2023 filing to $69M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 231990729 · Insulators Local 23 Pension Fund Board of Administration PY 2024 · Defined Benefit (Pension)

Insulators Local 23 Pension Plan · $69M · 162 · 87th

  • BOY $69M
  • BOY 162
  • BOY 87th
  • BOY Defined Benefit (Pension)
  • BOY near The Retirement Plan for Employees of Thomaston Savings Bank
  • BOY ind #7733

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Pennsylvania →

Insulators Local 23 Pension Plan in the asset neighbourhood

Major League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$69MInsulators Local 23 Pension PlanInsulators Local 23 Pension …$69MThe Retirement Plan for Employees of Thomaston Savings BankThe Retirement Plan for Empl…$69MRetirement Plan for Employees of Emerson HospitalRetirement Plan for Employee…$69MDallasnews Corporation Pension Plan IIDallasnews Corporation Pensi…$69M
End-of-year total assets ($M) among Insulators Local 23 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$69M
Net Income$3M
Employer EIN231990729
Plan Effective Date1974-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Insulators Local 23 Pension Fund Board of Administration)

Sponsor-wide plan assets over time

All Insulators Local 23 Pension Fund Board of Administration plans reported in each filing year

Latest sponsor-wide plan assets
$69M 15.955817407640877% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59.6M $69.2M ▲ +16.0%
Year Plans Participants Total Assets
2022 1 189 $60M
2023 1 150 $66M
2024 1 162 $69M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Insulators Local 23 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Insulators Local 23 Pension Plan, Total assets ($B): 0.069146344 · Participants: 162Insulators Local 23 Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Insulators Local 23 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Insulators Local 23 Pension Plan side-by-side with 3 peers →

Insulators Local 23 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is The Retirement Plan for Employees of Thomaston Savings Bank in CT ($69M); by covered participants it is Sheet Metal Workers Intn Local 17nh Pension Plan in CT (162 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Insulators Local 23 Pension Plan assets move in 2024? ▼
Insulators Local 23 Pension Plan grew at a solid clip - up 5.2% during 2024, from $66M to $69M. Reported net income was $3M.
How have Insulators Local 23 Pension Fund Board of Administration plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Insulators Local 23 Pension Fund Board of Administration's sponsor-wide assets grew 16.0%, from $60M to $69M.
Where does Insulators Local 23 Pension Plan rank by assets among Form 5500 filers? ▼
Insulators Local 23 Pension Plan ranks in the 87th 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 Defined Benefit (Pension) plans are similar in size to Insulators Local 23 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Retirement Plan for Employees of Thomaston Savings Bank in CT ($69M, 157 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Insulators Local 23 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sheet Metal Workers Intn Local 17nh Pension Plan in CT (162 participants, $29M in assets).

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 231990729.

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.