Money Purchase · DOL Form 5500 · 2024

Board of Trustees Insulators Local 45 Defined Contribution Pension Money Purchase Plan

Data updated 2026-08-11

$46M
Total assets
582
Participants
83rd
Percentile by assets
$78,247
Avg per participant
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Official DOL plan name: Insulators Local 45 Defined Contribution Pension Fund · Sponsored by Board of Trustees Insulators Local 45 Defined Contribution Pension · Michigan · Construction

$46M in assets, 582 participants

Board of Trustees Insulators Local 45 Defined Contribution Pension's Insulators Local 45 Defined Contribution Pension Fund reported $46M in total assets and 582 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 123,622 plans)
  • #7,360 in Construction (9,039 peers)

Where Insulators Local 45 Defined Contribution Pension Fund sits by assets

Insulators Local 45 Defined Contribution Pension Fund sits in the top quartile of all filed plans by assets, $46M for 582 participants (~$78,247/participant), up 9.6% in 2024.

$46M
total plan assets (2024 EOY)
582
covered participants
83rd
percentile by assets (of 123,622 plans)
$78,247
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Insulators Local 45 Defined Contribution Pension Fund reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Insulators Local 45 Defined Contribution Pension Fund end-of-year assets rose from $42M in the plan year 2023 filing to $46M in the plan year 2024 filing.
  • Insulators Local 45 Defined Contribution Pension Fund reported participants fell from 623 in the plan year 2023 filing to 582 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Michigan
Industry
Construction

Insulators Local 45 Defined Contribution Pension Fund vs the 2024 asset distribution

By assets, Insulators Local 45 Defined Contribution Pension Fund outranks 83% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$46M
Net Income$4M
Employer EIN201144608
Plan Effective Date2004-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Insulators Local 45 Defined Contribution Pension)

$35M$40M$45M$50M 202220232024 $36.8M $45.5M ▲ +23.9%
Total plan assets by year, all Board of Trustees Insulators Local 45 Defined Contribution Pension plans on file
Year Plans Participants Total Assets
2022 1 680 $37M
2023 1 623 $42M
2024 1 582 $46M

Nearby Money Purchase Plans in Michigan

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

Insulators Local 45 Defined Contribution Pension Fund vs. nearby Money Purchase plans in Michigan, assets vs. participants

Insulators Local 45 Defined Contribution Pension Fund vs. nearby Money Purchase plans in Michigan, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.52 Total assets ($B) Participants Insulators Local 45 …Central Midwest Regi…Michigan Regional Co…P & M Holding Group,…Operating Engineers'…Michigan Laborers' A…
Insulators Local 45 Defined Contribution Pension Fund vs. nearby Money Purchase plans in Michigan, assets vs. participants
Compare Insulators Local 45 Defined Contribution… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Insulators Local 45 Defined Contribution Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Insulators Local 45 Defined Contribution Pension Fund assets move in 2024? ▼
Insulators Local 45 Defined Contribution Pension Fund grew at a solid clip - up 9.6% during 2024, from $42M to $46M. Reported net income was $4M.
How have Board of Trustees Insulators Local 45 Defined Contribution Pension plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Insulators Local 45 Defined Contribution Pension's sponsor-wide assets grew 23.9%, from $37M to $46M.
Where does Insulators Local 45 Defined Contribution Pension Fund rank by assets among Form 5500 filers? ▼
Insulators Local 45 Defined Contribution Pension Fund ranks in the 83rd 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 45 Defined Contribution Pension Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Norton Sound Health Corporation Money Purchase Pension Plan & Trust in AK ($45M, 550 participants).

Next read for Insulators Local 45 Defined Contribution…

Scale reading

Ways to act on Insulators Local 45 Defined Contribution Pension Fund's numbers.

  • By total assets, Insulators Local 45 Defined Contribution Pension Fund 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 Michigan. Compare plans
  • Board of Trustees Insulators Local 45 Defined Contribution Pension's sponsor-wide assets have grown 23.9% 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 201144608.

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.