Louisiana › Construction › 100 to 249 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Insulators Local Union Number 112 Pension Trust Fund
Sponsored by Trustees - Insulators Local Union Number 112 Pension Trust Fund, Kenner, LA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Trustees - Insulators Local Union Number 112 Pension Trust Fund of Kenner, Louisiana sponsors Insulators Local Union Number 112 Pension Trust Fund, a defined benefit pension plan. Its Form 5500 for the plan year ending 30 Jun 2025 shows 223 participants (0 active) and −$8.1M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $24K: $107 per participant, well below the same-size median of $451. Administrative expenses charged to the plan were $719K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $5.3M in 2009 to −$8.1M in 2024 (down 254%), and participants from 330 to 223 (down 32%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | — | $80,635 | $100,593 | $86,221 |
| Employer contributions per active participant | — | $9,975 | $13,292 | $10,244 |
| Schedule C compensation per participant | $107 | $451 | $443 | $344 |
| Schedule C compensation, share of net assets | — | 0.52% | 0.46% | 0.42% |
| Administrative expenses per participant | $3,223 | $582 | $596 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 100 to 249 participants (1,156 plans), construction (655) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 223 | −$8.1M | −$36,444 | — | — | $24K |
| 2023 | 230 | −$6.7M | −$29,235 | — | — | $31K |
| 2022 | 241 | −$5.4M | −$22,295 | — | — | $33K |
| 2021 | 254 | −$4.2M | −$16,354 | $39K | — | $29K |
| 2020 | 258 | −$3.2M | −$12,302 | $9,000 | — | $19K |
| 2019 | 276 | −$2.2M | −$7,913 | — | — | $27K |
| 2018 | 276 | −$1.1M | −$4,065 | — | — | $36K |
| 2017 | 282 | $301K | $1,067 | — | — | $34K |
| 2016 | 301 | $736K | $2,445 | — | — | $45K |
| 2015 | 305 | $1.7M | $5,570 | $6,000 | — | $71K |
| 2014 | 308 | $2.8M | $9,078 | $14K | — | $53K |
| 2013 | 312 | $2.9M | $9,202 | $11K | — | $47K |
| 2012 | 317 | $3.5M | $10,965 | $23K | — | $59K |
| 2011 | 317 | $4.1M | $12,899 | $21K | — | $85K |
| 2010 | 311 | $5.1M | $16,550 | $44K | — | $122K |
| 2009 | 330 | $5.3M | $15,945 | $31K | — | $154K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year−$6,724,352
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$43,111
- Benefits paid$726,921
- Administrative expenses$718,765
- Total expenses$1,445,686
- Net income−$1,402,575
- Net transfers$0
- Net assets, end of year−$8,126,927
Participants
- Active participants0
- Retired or separated, receiving benefits120
- Retired or separated, entitled to future benefits53
- Total participants, end of year223
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Needles & Associates, LLC | Accounting (including auditing) | $14,619 | $0 |
| Robein Urann Spencer Et Al | Legal | $9,210 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$609,330
- Salaries and allowances$85,606
- IQPA audit fees$14,619
- Legal fees$9,210
- Total administrative expenses$718,765
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Cash (interest and non-interest bearing)$154K · 70.5%
- Receivables$65K · 29.5%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmNeedles, Oyewo & Associates LLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)1IFrozen plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238300: Building Finishing Contractors (including drywall, insulation, painting, wallcovering, flooring, tile, & finish carpentry).
Similar plans in Louisiana
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Baton Rouge Sheet Metal Workers Pension Fund | JT BD of Trustees Sheet Metal Workers Pension Fund | 638 | $54.5M | $85,362 |
| Insulators Local No. 53 Pension | Insulators Local No. 53 Pension Fund | 717 | $49.3M | $68,750 |
| IBEW Local Union No. 861 Pension and Retirement Fund | Board of Trustees IBEW Local Union No. 861 Pension and Retirement Fund | 953 | $60.6M | $63,542 |
| Plumbers and Steamfitters Local 60 Pension Fund | Board of Trustees Plumbers and Steamfitters Local 60 Pension Fund | 1,957 | $90.4M | $46,217 |
Defined benefit plans in construction closest in size.
Questions and answers
How big is Insulators Local Union Number 112 Pension Trust Fund?
223 participants at the end of the plan year ending 30 Jun 2025, of whom 0 were active employees, with net assets of −$8,126,927. Among defined benefit plans that places it in the 100 to 249 participants band, which held 1,156 plans in plan year 2024.
What does Trustees - Insulators Local Union Number 112 Pension Trust Fund contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $23,829 in compensation to service provider organisations, $107 per participant. The same-size median among plans reporting any Schedule C compensation was $451 per participant. Administrative expenses on Schedule H were $718,765. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Trustees - Insulators Local Union Number 112 Pension Trust Fund. The financial statements were audited by Needles, Oyewo & Associates LLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 15 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 72-0626673, plan 001, received 15 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.