Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Central Iowa Carpenters Pension Plan Pension Plan

Data updated 2026-08-11

$174M
Total assets
672
Participants
95th
Percentile by assets
$258,345
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Central Iowa Carpenters Pension Plan · Sponsored by Board of Trustees Central Iowa Carpenters Pension Plan · Minnesota · Construction

$174M in assets, 672 participants

Board of Trustees Central Iowa Carpenters Pension Plan's Central Iowa Carpenters Pension Plan reported $174M in total assets and 672 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 95th percentile by assets (of 139,126 plans)
  • #9,358 in Construction (9,927 peers)

Where Central Iowa Carpenters Pension Plan sits by assets

Central Iowa Carpenters Pension Plan sits in the top 5% of all filed plans by assets, $174M for 672 participants (~$258,345/participant), down 14.3% in 2022.

$174M
total plan assets (2022 EOY)
672
covered participants
95th
percentile by assets (of 139,126 plans)
$258,345
avg assets per participant

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Central Iowa Carpenters Pension Plan vs the 2022 asset distribution

By assets, Central Iowa Carpenters Pension Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$203M
Net Assets (End of Year)$173M
Net Income-$29M
Employer EIN366066902
Plan Effective Date1976-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Central Iowa Carpenters Pension Plan)

$280M$300M$320M$340M 202220232024 $290M $334M ▲ +15.2%
Total plan assets by year, all Board of Trustees Central Iowa Carpenters Pension Plan plans on file
Year Plans Participants Total Assets
2022 2 2,656 $290M
2023 2 1,904 $313M
2024 2 1,673 $334M

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Central Iowa Carpenters Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Central Iowa Carpenters Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Central Iowa Carpent…3M Employee Retireme…Mayo Pension PlanThe Travelers Pensio…U.S. Bank Pension PlanTarget Corporation P…
Central Iowa Carpenters Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Central Iowa Carpenters Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Central Iowa Carpenters Pension Plan assets move in 2022?
Central Iowa Carpenters Pension Plan pulled back noticeably - down 14.3% during 2022, from $203M to $174M. Reported net income was -$29M.
How have Board of Trustees Central Iowa Carpenters Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Central Iowa Carpenters Pension Plan's sponsor-wide assets grew 15.2%, from $290M to $334M.
Where does Central Iowa Carpenters Pension Plan rank by assets among Form 5500 filers?
Central Iowa Carpenters Pension Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Central Iowa Carpenters Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Huhtamaki Retirement Accrual Plan in KS ($174M, 1,198 participants).

Next read for Central Iowa Carpenters Pension Plan

Scale reading

Ways to act on Central Iowa Carpenters Pension Plan's numbers.

  • By total assets, Central Iowa Carpenters Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
  • Board of Trustees Central Iowa Carpenters Pension Plan's sponsor-wide assets have grown 15.2% since 2022 across 3 plan years on file. More Construction plans