Heat & Frost Insulators & Asbestos Workers Local Union 38 retirement plan: assets, participants and fees
What Heat & Frost Insulators & Asbestos Workers Local Union 38'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 | Alerus Financial, N.A. | Schedule C ↗ |
| Independent auditor | Snyder & Clemente (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Heat & Frost Insulators & Asbestos Workers Local Union 38: employer contribution per participant | $2,018 | |
| Peer median | $2,411 |
| Heat & Frost Insulators & Asbestos Workers Local Union 38: average balance | $49,624 | |
| Peer median | $61,921 |
| Heat & Frost Insulators & Asbestos Workers Local Union 38: admin expenses ÷ assets | 0.37% | |
| Peer median | 0.39% |
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 $26.8M at the end of plan year 2021 to $24.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 488 | $24.2M | $985K | $2,018 | 0.37% | Not published | Form 5500 ↗ |
| 2023 | 483 | $24.2M | $893K | $1,891 | 0.37% | Not published | Form 5500 ↗ |
| 2022 | 501 | $21.3M | $811K | $1,618 | 0.37% | Not published | Form 5500 ↗ |
| 2021 | 519 | $26.8M | $656K | $1,292 | 0.44% | Not published | Form 5500 ↗ |
Other Heat & Frost Insulators & Asbestos Workers Local Union 38 plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Heat & Frost Insulators & Asbestos Workers Local 38 Retirement Plan
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.
| Independent auditor | Snyder & Clemente (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Heat & Frost Insulators & Asbestos Workers Local Union 38 match 401(k) contributions?
The match terms for the Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan have not been published from its filing yet. The plan year 2024 filing reports $985K in employer contributions, about $2,018 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Heat & Frost Insulators & Asbestos Workers Local Union 38 401(k) match vested?
The vesting schedule for the Heat & Frost Insulators & Asbestos Workers Lcl 38 Retirement Investment Account Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Heat & Frost Insulators & Asbestos Workers Local Union 38 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alerus Financial, N.A.. The plan administrator is Heat & Frost Insulators & Asbestos Workers Local Union 38.
I left Heat & Frost Insulators & Asbestos Workers Local Union 38. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Heat & Frost Insulators & Asbestos Workers Local Union 38, (570) 829-0634) or the recordkeeper, Alerus Financial, N.A.. The Heat & Frost Insulators & Asbestos Workers Local Union 38 old 401(k) page lists the contacts from every plan filing. Find an old Heat & Frost Insulators & Asbestos Workers Local Union 38 401(k)
Data from the public Form 5500 annual reports Heat & Frost Insulators & Asbestos Workers Local Union 38 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 & Frost Insulators & Asbestos Workers Local Union 38. Not financial advice. Report a correction · Methodology