Money Purchase · DOL Form 5500 · 2022

Carpenters Local No 491 Annuity Plan Money Purchase Plan

Data updated 2026-08-11

$26M
Total assets
772
Participants
81st
Percentile by assets
$33,306
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Carpenters Local Union No 491 Annuity Plan · Sponsored by Carpenters Local No 491 Annuity Plan · Maryland · Other Services

$26M in assets, 772 participants

Carpenters Local No 491 Annuity Plan's Carpenters Local Union No 491 Annuity Plan reported $26M in total assets and 772 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.

  • 81st percentile by assets (of 139,126 plans)
  • #7,567 in Other Services (8,398 peers)

Where Carpenters Local Union No 491 Annuity Plan sits by assets

Carpenters Local Union No 491 Annuity Plan sits in the top quartile of all filed plans by assets, $26M for 772 participants (~$33,306/participant), down 16.0% in 2022.

$26M
total plan assets (2022 EOY)
772
covered participants
81st
percentile by assets (of 139,126 plans)
$33,306
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Carpenters Local Union No 491 Annuity Plan vs the 2022 asset distribution

By assets, Carpenters Local Union No 491 Annuity Plan outranks 81% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$26M
Net Income-$5M
Employer EIN521840473
Plan Effective Date1993-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carpenters Local No 491 Annuity Plan)

$20M$25M$30M$35M$40M 202220232024 $25.7M $37.3M ▲ +45.0%
Total plan assets by year, all Carpenters Local No 491 Annuity Plan plans on file
Year Plans Participants Total Assets
2022 1 772 $26M
2023 1 1,108 $32M
2024 1 1,064 $37M

Nearby Money Purchase Plans in Maryland

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

Carpenters Local Union No 491 Annuity Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants

Carpenters Local Union No 491 Annuity Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Carpenters Local Uni…National Electrical …The Johns Hopkins Un…Meba Pension Trust-M…Seafarers Money Purc…Defined Contribution…
Carpenters Local Union No 491 Annuity Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Carpenters Local Union No 491 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Carpenters Local Union No 491 Annuity Plan assets move in 2022?
Carpenters Local Union No 491 Annuity Plan declined sharply - down 16.0% during 2022, from $31M to $26M. Reported net income was -$5M.
How have Carpenters Local No 491 Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Carpenters Local No 491 Annuity Plan's sponsor-wide assets grew 45.0%, from $26M to $37M.
Where does Carpenters Local Union No 491 Annuity Plan rank by assets among Form 5500 filers?
Carpenters Local Union No 491 Annuity Plan 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 Money Purchase plans are similar in size to Carpenters Local Union No 491 Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Hawkins Construction Company Employee Pension Benefit Plan in NE ($26M, 184 participants).

Next read for Carpenters Local Union No 491 Annuity Pl…

Scale reading

Ways to act on Carpenters Local Union No 491 Annuity Plan's numbers.

  • By total assets, Carpenters Local Union No 491 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Maryland. Compare plans
  • Carpenters Local No 491 Annuity Plan's sponsor-wide assets have grown 45.0% since 2022 across 3 plan years on file. More Other Services plans