Defined Benefit (Pension) · DOL Form 5500 · 2022

Joint Board of Trustees Southwest Carpenters Pension Trust Pension Plan

Data updated 2026-08-25

$6.1B
Total assets Very large vs avg
42,115
Participants Very large workforce
100th
Percentile by assets National rank
$144,144
Avg per participant Near avg balance/head
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Official DOL plan name: Southwest Carpenters Pension Trust · Sponsored by Joint Board of Trustees Southwest Carpenters Pension Trust · California · Construction

$6.1B in assets, 42,115 participants

Joint Board of Trustees Southwest Carpenters Pension Trust's Southwest Carpenters Pension Trust reported $6.1B in total assets and 42,115 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,921 in Construction (9,927 peers)

Coverage in California

Southwest Carpenters Pension Trust covers 42,115 participants in California, 67x the typical California plan (state average ~630 per filing). Assets: $6.1B.

#9,921
in Construction (9,927 peers)
-9.1%
assets change YoY
61×
vs typical plan assets (national mean)

The plan reported a net loss of $880M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southwest Carpenters Pension Trust's outsized position by total assets

Southwest Carpenters Pension Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$6,070,628,990 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Southwest Carpenters Pension Trust's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southwest Carpenters Pension Trust is a mega filing (42,115 participants), the rightmost band on the breakdown.

Form 5500 schedule snapshot

Filing strip 956042875 · Joint Board of Trustees Southwest Carpenters Pension Trust PY 2022 · Defined Benefit (Pension)

Southwest Carpenters Pension Trust · $6.1B · 42,115 · 100th

  • EIN $6.1B
  • EIN 42,115
  • EIN 100th
  • EIN Defined Benefit (Pension)
  • EIN near Eversource Pension Plan
  • EIN ind #9921

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in California →

Southwest Carpenters Pension Trust in the asset neighbourhood

Altria Retirement Plan$6.5BExelon Corporation Retirement ProgramExelon Corporation Retiremen…$6.5BSouthwest Carpenters Pension TrustSouthwest Carpenters Pension…$6.1BEversource Pension Plan$5.9BSteelworkers Pension Trust$5.9B
End-of-year total assets ($B) among Southwest Carpenters Pension Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$6.7B
Net Assets (End of Year)$6.1B
Net Income-$880M
Employer EIN956042875
Plan Effective Date1959-09-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees Southwest Carpenters Pension Trust)

Sponsor-wide plan assets over time

All Joint Board of Trustees Southwest Carpenters Pension Trust plans reported in each filing year

Latest sponsor-wide plan assets
$11.3B 86.83952634371089% vs 2022
2024 filing year
$4B$6B$8B$10B$12B 202220232024 $6.07B $11.3B ▲ +86.8%
Year Plans Participants Total Assets
2022 1 42,115 $6.1B
2023 1 45,891 $6.8B
2024 1 48,582 $11.3B

Nearby Defined Benefit (Pension) Plans in California

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

Southwest Carpenters Pension Trust vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Southwest Carpenters Pension Trust, Total assets ($B): 6.07062899 · Participants: 42115Southwest Carpenters Pension TrustKaiser Permanente Retirement Plan, Total assets ($B): 31.853758931 · Participants: 126331Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.05949917 · Participants: 25709Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.381485239 · Participants: 19326Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 9.228005463 · Participants: 11405Disney Salaried Pension Plan DWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.784432859 · Participants: 59141Wells Fargo & Company Cash Balance Plan
Southwest Carpenters Pension Trust vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Southwest Carpenters Pension Trust

Southwest Carpenters Pension Trust reports $6.1B in end-of-year assets across 42,115 participants (0.049% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.045% of 93,925,755 covered participants) - about $144,144 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2022 was -$880M.

This plan identity (EIN 956042875, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.1B to $11.3B (+86.8%) while covered participants moved from 42,115 to 48,582 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 42,115 $6.1B This page
2023 45,891 $6.8B Open filing
2024 · index core 48,582 $11.3B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Southwest Carpenters Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Eversource Pension Plan in CT ($5.9B); by covered participants it is Ernst & Young Defined Benefit Retirement Plan in NJ (41,604 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (42,115 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Southwest Carpenters Pension Trust assets move in 2022?
Southwest Carpenters Pension Trust pulled back noticeably - down 9.1% during 2022, from $6.7B to $6.1B. Reported net income was -$880M.
How have Joint Board of Trustees Southwest Carpenters Pension Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustees Southwest Carpenters Pension Trust's sponsor-wide assets grew 86.8%, from $6.1B to $11.3B.
Where does Southwest Carpenters Pension Trust rank by assets among Form 5500 filers?
Southwest Carpenters Pension Trust ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Southwest Carpenters Pension Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Eversource Pension Plan in CT ($5.9B, 4,126 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Southwest Carpenters Pension Trust?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ernst & Young Defined Benefit Retirement Plan in NJ (41,604 participants, $2.1B in assets).