INTERNATIONAL ASSN OF HEAT & FROST INSULATORS LOCAL 17 WELFARE FUND

What INTERNATIONAL ASSN OF HEAT & FROST INSULATORS LOCAL 17 WELFARE FUND does

The International Association of Heat and Frost Insulators Local 17 Welfare Fund is a Taft-Hartley multiemployer benefit trust administered from a single office in Tinley Park, Illinois, by a 6-person staff. It serves members of Local 17 of the International Association of Heat and Frost Insulators and Allied Workers — insulation trades professionals and their families — by administering Health & Welfare, Pension, and Annuity benefit programs plus contractor-facing services. The fund operates as a chartered local chapter of an international union with over 100 years of operating history; no founding date for Local 17 itself is disclosed. Members access their benefits through a web-based member portal that supports account registration, login, and password reset functionality, and the fund markets primarily through its website (local17fund.com) plus Twitter and Facebook pages.

The underlying technology is a basic WordPress-based member portal — built and developed by Youtech — handling registration, authentication, and content delivery for benefit program information. There are no disclosed APIs, SDKs, mobile applications, or AI/ML capabilities. The portal supports self-service access to welfare, pension, annuity, and contractor pages, with member-restricted content behind login. Distribution is regional and direct: members are served in-person at the Tinley Park office or remotely via the self-service portal, with no external reseller or partner channel.

The business model is contribution-based, not product-sales-based. The fund is financed through employer contributions stipulated in collective bargaining agreements between the union and signatory contractors; contributions are tied to hours worked or contractual terms for each union member. Pricing, contribution rates, and aggregate inflow are not publicly disclosed. Because the entity is a fiduciary trust rather than a commercial enterprise, conventional revenue metrics are not the primary economic measure — the relevant measures are contribution income, benefit obligations, and fund solvency, none of which are reported in the source data.

Name

INTERNATIONAL ASSN OF HEAT & FROST INSULATORS LOCAL 17 WELFARE FUND

Legal name

International Association of Heat and Frost Insulators Local 17 Welfare Fund

Website

https://local17fund.com

Company type

Private

Founded year

1921

Operating status

Operating

Short description

The International Association of Heat and Frost Insulators Local 17 Welfare Fund is a Taft-Hartley multiemployer benefit trust administering health and welfare, pension, and annuity benefits for Local 17 union insulation workers and their families in Illinois, funded by employer contributions under collective bargaining agreements and accessed via a web-based member portal.

Ownership category

akta.pro rank

Product category

Union Benefit Fund Administration

NAICS

Health and Welfare Funds (52512), Pension Funds (525110), Insurance and Employee Benefit Funds (5251)

SIC

Hospital & Medical Service Plans (6324), Services-Membership Organizations (8600)

akta.pro primary industry

Taft-Hartley / Union Multiemployer Group Health Plans (FSAIAFAG)

akta.pro secondary industries

Pensions & Retirement Benefits Administration (BPAIAKAA), Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK), Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)

Keywords

• Union benefit fund
• Health welfare benefits
• Pension administration
• Annuity benefits
• Trades union benefits

Headquarters

HQ city

Tinley Park

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Others

Revenue model

1. Employer Contributions: The fund is financed through employer contributions based on collective bargaining agreements with union contractors. Employers pay into the fund based on hours worked or contractual terms for each union member.

Distribution channels2 records

Marketing channels5 records

Core offering

The Local 17 Welfare Fund is a Taft-Hartley union trust fund that administers Health & Welfare, Pension, Annuity, and Contractor Services for members of the International Association of Heat and Frost Insulators and Allied Workers Local 17 and their families. The fund is financed through employer contributions negotiated via collective bargaining agreements, and members access their benefits through a web-based member portal and the fund office in Tinley Park, Illinois.

Product overview

The International Association of Heat and Frost Insulators Local 17 Welfare Fund operates as a union benefit fund providing a suite of member services including Health & Welfare coverage, Pension, Annuity, and Contractor Services. The organization has served members for over 100 years. Members access these services through a web portal that supports registration, login, and account management. The fund is headquartered in Tinley Park, Illinois.

Differentiator

Problem solved

Functional benefit

Products and services

• Health & Welfare Fund A union benefit fund providing health and welfare coverage for Local 17 members and their families, supporting job security, healthcare needs, and future preparation for insulation trades workers.
• Pension Retirement pension plan for Local 17 union members, administered through the Local 17 Benefit Fund Office.
• Annuity Annuity benefit program offered to Local 17 members through the Local 17 Welfare Fund.
• Contractor Services Information and services for signatory contractors related to the heat and frost insulators trade, including contribution remittance processes under collective bargaining agreements.
• Member Portal Online portal where Local 17 members can register accounts, log in, and access fund-related services including password reset and username retrieval.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Direct peers

• Chicago Laborers' Welfare Fund: Another Chicago-area Taft-Hartley multiemployer welfare and pension fund for laborers. Operates the same union benefit fund model (health, welfare, pension) for a different construction trade local, making the administrative and funding structure directly comparable.
• IBEW Local 134 Welfare Fund: Taft-Hartley welfare and pension fund for International Brotherhood of Electrical Workers Local 134 in Chicago. Directly comparable multiemployer union benefit structure serving a single trade local in the same Illinois geography.
• Teamsters Local 731 Health & Welfare Fund: Teamsters Local 731 in Chicago operates a multiemployer Health & Welfare/Pension fund for members. Same Taft-Hartley pooled-trust model, comparable scale and regional footprint.
• Plumbers Local 130 Welfare Fund: Chicago-area plumbers union multiemployer benefit trust providing health, welfare and pension benefits. Directly comparable in mission, scale, and service mix for a single-trade union local.
• Midwest Operating Engineers Welfare Fund: Multiemployer welfare/pension fund for International Union of Operating Engineers Local members in the Midwest. Comparable Taft-Hartley trust structure, geographic overlap, and construction-trade focus.
• Carpenters Welfare Fund of Illinois: Multiemployer health and welfare trust for union carpenters in Illinois. Same pooled-fund model for construction-trade workers, comparable service offering (H&W, pension, annuity).

Broad incumbents

• International Association of Heat and Frost Insulators and Allied Workers (International Union): Parent international union of Local 17. Operates at the broader international level coordinating welfare and pension policy across many local benefit funds in the same insulation trade.

Regional players

• Sheet Metal Workers Welfare Fund of Local 73: Sheet Metal Workers Local 73 welfare fund in the Chicago region. Operates a comparable Taft-Hartley benefit trust model for a different but geographically overlapping trade.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/insulators17
• Facebookfacebook.com/chicagopipecoverers

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about INTERNATIONAL ASSN OF HEAT & FROST INSULATORS LOCAL 17 WELFARE FUND