Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees of Carpenters Pension Fund of Illinois Pension Plan

Data updated 2026-08-11

$2.1B
Total assets
4,731
Participants
99th
Percentile by assets
$434,186
Avg per participant
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Official DOL plan name: Carpenters Pension Fund of Illinois · Sponsored by Board of Trustees of Carpenters Pension Fund of Illinois · Illinois · Finance & Insurance

$2.1B in assets, 4,731 participants

Board of Trustees of Carpenters Pension Fund of Illinois's Carpenters Pension Fund of Illinois reported $2.1B in total assets and 4,731 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #9,153 in Finance & Insurance (9,261 peers)

Coverage in Illinois

Carpenters Pension Fund of Illinois covers 4,731 participants in Illinois, 6.1x the typical Illinois plan (state average ~779 per filing). Assets: $2.1B.

$2.1B
total plan assets (2022 EOY)
4,731
covered participants
99th
percentile by assets (of 139,126 plans)
$434,186
avg assets per participant

The plan reported a net loss of $329M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Carpenters Pension Fund of Illinois reports 4,731 participants - 6.1x that state average ($2.1B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$2.4B
Net Assets (End of Year)$2.0B
Net Income-$329M
Employer EIN366147396
Plan Effective Date1957-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Carpenters Pension Fund of Illinois)

$2B$2.1B$2.2B$2.3B$2.4B 202220232024 $2.05B $2.28B ▲ +11.2%
Total plan assets by year, all Board of Trustees of Carpenters Pension Fund of Illinois plans on file
Year Plans Participants Total Assets
2022 1 4,731 $2.1B
2023 1 4,750 $2.1B
2024 1 4,997 $2.3B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Carpenters Pension Fund of Illinois vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Carpenters Pension Fund of Illinois vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 01020304050 Total assets ($B) Participants Carpenters Pension F…Central States, Sout…State Farm Insurance…United Food & Commer…John Deere Pension P…Abbott Laboratories …
Carpenters Pension Fund of Illinois vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Carpenters Pension Fund of Illinois by total assets, not by location.

Frequently Asked Questions

How did Carpenters Pension Fund of Illinois assets move in 2022?
Carpenters Pension Fund of Illinois pulled back noticeably - down 13.3% during 2022, from $2.4B to $2.1B. Reported net income was -$329M.
How have Board of Trustees of Carpenters Pension Fund of Illinois plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Carpenters Pension Fund of Illinois's sponsor-wide assets grew 10.9%, from $2.1B to $2.3B.
Where does Carpenters Pension Fund of Illinois rank by assets among Form 5500 filers?
Carpenters Pension Fund of Illinois ranks in the 99th 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 Carpenters Pension Fund of Illinois?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alaska Electrical Pension Plan in AK ($2.1B, 3,715 participants).

Next read for Carpenters Pension Fund of Illinois

Filing takeaways

Ways to act on Carpenters Pension Fund of Illinois's numbers.

  • By total assets, Carpenters Pension Fund of Illinois ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
  • Board of Trustees of Carpenters Pension Fund of Illinois's sponsor-wide assets have grown 10.9% since 2022 across 3 plan years on file. More Finance & Insurance plans