Money Purchase
2022 plan-year Money Purchase DOL Form 5500

Central Iowa Carpenters Money Purchase Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Board of Trustees Central Iowa Carpenters Money Purchase Plan · Minnesota · Construction

What the 2023 filing shows

Central Iowa Carpenters Money Purchase Plan holds $116M for 1,984 participants — about $58,577 per participant, down 9.6% over the 2022 plan year.

$116M
total plan assets (2022 EOY)
1,984
covered participants
$58,577
avg assets per participant
-9.6%
assets change YoY

The plan reported a net loss of $12M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$116M
Participants
1,984
State
Industry
Construction

What the Filing Says About Central Iowa Carpenters Money Purchase Plan

Central Iowa Carpenters Money Purchase Plan is a Money Purchase retirement plan sponsored by Board of Trustees Central Iowa Carpenters Money Purchase Plan, headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $116M in total end-of-year assets and covers 1,984 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 366066902, and the plan has been effective since 1986-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $128M at the beginning of 2022 to $116M at year-end — a decline of 9.6%. Net assets (after liabilities) closed the year at $116M, with reported net income of $-12,264,031 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$128M
Total Assets (End of Year)$116M
Net Assets (End of Year)$116M
Net Income$-12,264,031
Plan TypeMoney Purchase
Employer EIN366066902
Plan Effective Date1986-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Central Iowa Carpenters Money Purchase Plan)

Year Plans Participants Total Assets
2022 2 2,656 $290M
2023 2 1,904 $313M
2024 2 1,673 $334M

Nearby Money Purchase Plans in Minnesota

Peer Money Purchase plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Central Iowa Carpenters Money Purchase Plan?
As of the 2022 Form 5500 filing, Central Iowa Carpenters Money Purchase Plan holds $116M in total assets with 1,984 participants. It is sponsored by Board of Trustees Central Iowa Carpenters Money Purchase Plan.
What type of plan is Central Iowa Carpenters Money Purchase Plan?
Central Iowa Carpenters Money Purchase Plan is a Money Purchase plan. It has been effective since 1986-05-01. The plan is filed with the U.S. Department of Labor under EIN 366066902.
Who sponsors the Central Iowa Carpenters Money Purchase Plan?
Central Iowa Carpenters Money Purchase Plan is sponsored by Board of Trustees Central Iowa Carpenters Money Purchase Plan, located in Minnesota. The sponsor's EIN is 366066902 and the plan operates in the Construction industry.
How did Central Iowa Carpenters Money Purchase Plan perform in 2022?
Central Iowa Carpenters Money Purchase Plan declined by 9.6% during 2022, moving from $128M to $116M in total assets. Net income was $-12,264,031.
Where can I find official filings for Central Iowa Carpenters Money Purchase Plan?
Official Form 5500 filings for Central Iowa Carpenters Money Purchase Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 366066902 or plan name at efast.dol.gov.
How does Central Iowa Carpenters Money Purchase Plan compare to other plans?
You can compare Central Iowa Carpenters Money Purchase Plan against other Money Purchase plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 366066902.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.