Profit Sharing · DOL Form 5500 · 2022

North Atlantic States Carpenters Annuity Plan Profit Sharing Plan

Data updated 2026-08-06

$1.2B
Total assets
10,777
Participants
99th
Percentile by assets
$114,306
Avg per participant
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Official DOL plan name: North Atlantic States Carpenters Annuity Plan · Sponsored by North Atlantic States Carpenters Annuity Plan · Connecticut · Construction

$1.2B in assets, 10,777 participants

North Atlantic States Carpenters Annuity Plan's North Atlantic States Carpenters Annuity Plan reported $1.2B in total assets and 10,777 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 139,258 plans)
  • #9,851 in Construction (9,938 peers)

Coverage in Connecticut

North Atlantic States Carpenters Annuity Plan covers 10,777 participants in Connecticut, 15x the typical Connecticut plan (state average ~740 per filing). Assets: $1.2B.

$1.2B
total plan assets (2022 EOY)
10,777
covered participants
99th
percentile by assets (of 139,258 plans)
$114,306
avg assets per participant

The plan reported a net loss of $157M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 740 participants across 1,756 plans. North Atlantic States Carpenters Annuity Plan reports 10,777 participants - 15x that state average ($1.2B EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.2B
Net Income-$157M
Employer EIN061308364
Plan Effective Date1979-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Atlantic States Carpenters Annuity Plan)

$1.2B$1.25B$1.3B$1.35B$1.4B 202220232024 $1.23B $1.34B â–˛ +8.9%
Total plan assets by year, all North Atlantic States Carpenters Annuity Plan plans on file
Year Plans Participants Total Assets
2022 1 10,777 $1.2B
2023 1 11,025 $1.3B
2024 1 10,631 $1.3B

Nearby Profit Sharing Plans in Connecticut

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

North Atlantic States Carpenters Annuity Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

North Atlantic States Carpenters Annuity Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 050001000015000 00.511.5 Total assets ($B) Participants North Atlantic State…The Lee Company Prof…Connecticut Children…Connecticut Laborers…Connecticut Pipetrad…Bridgeport Hospital …
North Atlantic States Carpenters Annuity Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

Scale composition for North Atlantic States Carpenters Annuity Plan

North Atlantic States Carpenters Annuity Plan reports $1.2B in end-of-year assets across 10,777 participants (0.011% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.012% of 89,805,449 covered participants) - about $114,306 per participant (83% of the national average assets-per-participant) . Net income for plan year 2022 was -$157M.

This plan identity (EIN 061308364, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.3B (+8.8%) while covered participants moved from 10,777 to 10,631 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,777 $1.2B This page
2023 11,025 $1.3B Open filing
2024 · index core 10,631 $1.3B Open filing

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

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to North Atlantic States Carpenters Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did North Atlantic States Carpenters Annuity Plan assets move in 2022?
North Atlantic States Carpenters Annuity Plan pulled back noticeably - down 11.3% during 2022, from $1.4B to $1.2B. Reported net income was -$157M.
How have North Atlantic States Carpenters Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), North Atlantic States Carpenters Annuity Plan's sponsor-wide assets grew 8.8%, from $1.2B to $1.3B.
Where does North Atlantic States Carpenters Annuity Plan rank by assets among Form 5500 filers?
North Atlantic States Carpenters Annuity Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Profit Sharing plans are similar in size to North Atlantic States Carpenters Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Cleveland Clinic Investment Pension Plan in OH ($1.2B, 46,417 participants).

Next read for North Atlantic States Carpenters Annuity…

Filing takeaways

Ways to act on North Atlantic States Carpenters Annuity Plan's numbers.