Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees - Carpenters Local Union No. 345 Pension Fund Pension Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
52
Participants Small participant base
81st
Percentile by assets National rank
$505,579
Avg per participant High balance/head
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Official DOL plan name: Carpenters Local Union No. 345 Pension Fund · Sponsored by Trustees - Carpenters Local Union No. 345 Pension Fund · Tennessee · Construction

$26M in assets, 52 participants

Trustees - Carpenters Local Union No. 345 Pension Fund's Carpenters Local Union No. 345 Pension Fund reported $26M in total assets and 52 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,963 in Construction (9,927 peers)

Where Carpenters Local Union No. 345 Pension Fund sits by assets

Carpenters Local Union No. 345 Pension Fund sits in the top quartile of all filed plans by assets, $26M for 52 participants (~$505,579/participant), down 14.0% in 2022.

#7,963
in Construction (9,927 peers)
-14.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Carpenters Local Union No. 345 Pension Fund's outsized position by total assets

Carpenters Local Union No. 345 Pension Fund vs every filed plan by assets

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

$26,290,093 Top 19% higher than 81% 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

Carpenters Local Union No. 345 Pension Fund among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carpenters Local Union No. 345 Pension Fund is a small filing (52 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 626112262 · Trustees - Carpenters Local Union No. 345 Pension Fund PY 2022 · Defined Benefit (Pension)

Carpenters Local Union No. 345 Pension Fund · $26M · 52 · 81st

  • EIN $26M
  • RANK 52
  • PHOTO 81st
  • IND Defined Benefit (Pension)
  • EOY near The Hamilton Beach Brands, Inc. Pension Plan
  • 5500 ind #7963

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 Tennessee →

Carpenters Local Union No. 345 Pension Fund in the asset neighbourhood

The Retirement Income Plan of the Corporation of Fine Arts MuseumsThe Retirement Income Plan o…$26MRogers Corporation Employees' Pension PlanRogers Corporation Employees…$26MCarpenters Local Union No. 345 Pension FundCarpenters Local Union No. 3…$26MThe Hamilton Beach Brands, Inc. Pension PlanThe Hamilton Beach Brands, I…$26MBankers Pension Plan and Trust, 1975Bankers Pension Plan and Tru…$26M
End-of-year total assets ($M) among Carpenters Local Union No. 345 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$26M
Net Income-$4M
Employer EIN626112262
Plan Effective Date1972-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees - Carpenters Local Union No. 345 Pension Fund)

Sponsor-wide plan assets over time

All Trustees - Carpenters Local Union No. 345 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $26.3M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 52 $26M
2023 1 187 $33M
2024 1 468 N/A

Nearby Defined Benefit (Pension) Plans in Tennessee

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

Carpenters Local Union No. 345 Pension Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Carpenters Local Union No. 345 Pension Fund, Total assets ($B): 0.026290093 · Participants: 52Carpenters Local Union No. 345 Pension FundFedex Corporation Employees' Pension Plan, Total assets ($B): 25.607567505 · Participants: 119742Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.844607131 · Participants: 20914Retirement Plan of International Paper CompanyPension Plan for Employees at Ornl, Total assets ($B): 2.326549411 · Participants: 5460Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 2.039541449 · Participants: 2920Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, TennesseeNissan Employee Retirement Plan, Total assets ($B): 1.533696203 · Participants: 4575Nissan Employee Retirement Plan
Carpenters Local Union No. 345 Pension Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
Compare Carpenters Local Union No. 345 Pension Fund side-by-side with 3 peers →

Carpenters Local Union No. 345 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is The Hamilton Beach Brands, Inc. Pension Plan in VA ($26M); by covered participants it is Neuroscience Associates Cash Balance Plan in ID (52 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (52 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 Carpenters Local Union No. 345 Pension Fund assets move in 2022? ▼
Carpenters Local Union No. 345 Pension Fund pulled back noticeably - down 14.0% during 2022, from $31M to $26M. Reported net income was -$4M.
Where does Carpenters Local Union No. 345 Pension Fund rank by assets among Form 5500 filers? ▼
Carpenters Local Union No. 345 Pension Fund ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Carpenters Local Union No. 345 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Hamilton Beach Brands, Inc. Pension Plan in VA ($26M, 53 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Carpenters Local Union No. 345 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Neuroscience Associates Cash Balance Plan in ID (52 participants, $5M in assets).

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 626112262.

Read our methodology - how this data is sourced, computed, and verified.

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