Heat and Frost Insulators and Allied Workers Local 47 Retirement retirement plan: assets, participants and fees
What Heat and Frost Insulators and Allied Workers Local 47 Retirement's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Tic International Corp | Schedule C ↗ |
| Independent auditor | Benda, Grace, Stulz & Company, P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 138 pension plans in construction with 500 to 999 participants.
| Heat and Frost Insulators and Allied Workers Local 47 Retirement: employer contribution per participant | $7,876 | |
| Peer median | $5,251 |
| Heat and Frost Insulators and Allied Workers Local 47 Retirement: average balance | $104,685 | |
| Peer median | $91,436 |
| Heat and Frost Insulators and Allied Workers Local 47 Retirement: admin expenses ÷ assets | 0.62% | |
| Peer median | 0.77% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $51.3M at the end of plan year 2021 to $54.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 519 | $54.3M | $4.1M | $7,876 | 0.62% | Not published | Form 5500 ↗ |
| 2023 | 464 | $49.4M | $3M | $6,467 | 0.50% | Not published | Form 5500 ↗ |
| 2022 | 433 | $45M | $2.8M | $6,557 | 0.51% | Not published | Form 5500 ↗ |
| 2021 | 441 | $51.3M | $3.2M | $7,159 | 0.46% | Not published | Form 5500 ↗ |
Common questions
Does Heat and Frost Insulators and Allied Workers Local 47 Retirement match 401(k) contributions?
The match terms for the Heat and Frost Insulators and Allied Workers Local 47 Retirment Trust Fund have not been published from its filing yet. The plan year 2024 filing reports $4.1M in employer contributions, about $7,876 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Heat and Frost Insulators and Allied Workers Local 47 Retirement 401(k) match vested?
The vesting schedule for the Heat and Frost Insulators and Allied Workers Local 47 Retirment Trust Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the Heat and Frost Insulators and Allied Workers Local 47 Retirement 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Tic International Corp. The plan administrator is Heat and Frost Insulators and Allied Workers Local 47 Retirement.
I left Heat and Frost Insulators and Allied Workers Local 47 Retirement. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Heat and Frost Insulators and Allied Workers Local 47 Retirement, (517) 321-7502) or the recordkeeper, Tic International Corp. The Heat and Frost Insulators and Allied Workers Local 47 Retirement old 401(k) page lists the contacts from every plan filing. Find an old Heat and Frost Insulators and Allied Workers Local 47 Retirement 401(k)
Data from the public Form 5500 annual reports Heat and Frost Insulators and Allied Workers Local 47 Retirement filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Heat and Frost Insulators and Allied Workers Local 47 Retirement. Not financial advice. Report a correction · Methodology