International Association of Heat & Frost Insulators & AlliedMoney purchase plan
INTERNATIONAL ASSOCIATION OF HEAT & FROST INSULATORS & ALLIED WORKERS LOCAL 78 PENSION PLAN · GOODLETTSVILLE, TN · plan year 2024
Reported admin expense ratio · 2024
0.74%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
International Association of Heat & Frost Insulators & Allied reported $281,976 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,776 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio rose from 0.69% to 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 329th-largest of 1,496 plans among Tennessee employers on file, and the 1,241st of 5,337 in construction.
Plan summary
Net assets, end of year$39,833,045
Participants with balances176
Active participants176
Employer contributions$1,720,584
Employee contributions—
Employer contribution per active participant$9,776
Average account balance$226,324
Benefits paid to participants$3,201,198
Plan auditUnmodified (clean) audit opinion
AuditorDANIELS, IRWIN & AYLOR
Plan history3
Yearassets · accounts · employer contribution
2024$39.8M · 176 accts · $1.7M emplr
2023$36.6M · 177 accts · $1.6M emplr
2022$35.3M · 183 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,900
Investment management$217,003
Audit (IQPA)$19,050
Trustee / custodial$2,911
Total administrative$281,976
Employer contributions to the International Association of Heat & Frost Insulators & Allied plan · 2024
Employer contribution per active participant$9,776
Median for plans this size$2,416
2024$9,776 per active participant
2023$9,113 per active participant
2022$10,792 per active participant
International Association of Heat & Frost Insulators & Allied's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
What these fees cost you
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Service providers · 202411
HIGHLAND CAPITAL MANAGEMENT · Investment management$106,927
Source: U.S. Department of Labor, Form 5500 series, EIN 630732852 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.