Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of Carpenters Local No 491 Plan Pension Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
326
Participants Below avg headcount
89th
Percentile by assets National rank
$177,144
Avg per participant Above avg balance/head
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Official DOL plan name: Carpenters Local No 491 Pension Plan · Sponsored by Trustees of Carpenters Local No 491 Plan · Maryland · Construction

$58M in assets, 326 participants

Trustees of Carpenters Local No 491 Plan's Carpenters Local No 491 Pension Plan reported $58M in total assets and 326 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #8,678 in Construction (9,927 peers)

Coverage in Maryland

Carpenters Local No 491 Pension Plan covers 326 participants in Maryland, about 35% of the average Maryland filer (state average ~929 per filing). Assets: $58M.

#8,678
in Construction (9,927 peers)
+10.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Carpenters Local No 491 Pension Plan's outsized position by total assets

Carpenters Local No 491 Pension Plan vs every filed plan by assets

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

$57,748,800 Top 11% higher than 89% 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 No 491 Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carpenters Local No 491 Pension Plan sits mid-pack in the medium band (326 participants).

EBSA filing schedule strip

Filing strip 222835549 · Trustees of Carpenters Local No 491 Plan PY 2022 · Defined Benefit (Pension)

Carpenters Local No 491 Pension Plan · $58M · 326 · 89th

  • PART $58M
  • TYPE 326
  • NET 89th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Wood County Hospital Retirement Plan
  • BOY ind #8678

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 Maryland →

Carpenters Local No 491 Pension Plan in the asset neighbourhood

Union Mutual Fund Pension PlanUnion Mutual Fund Pension Pl…$58MI.B.E.W. Local 490 Pension FundI.B.E.W. Local 490 Pension F…$58MCarpenters Local No 491 Pension PlanCarpenters Local No 491 Pens…$58MWood County Hospital Retirement PlanWood County Hospital Retirem…$58MPension Plan and Employees' Trust of Father Flanagan's Boys' HomePension Plan and Employees' …$58M
End-of-year total assets ($M) among Carpenters Local No 491 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$58M
Net Income$5M
Employer EIN222835549
Plan Effective Date1961-07-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Carpenters Local No 491 Plan)

Sponsor-wide plan assets over time

All Trustees of Carpenters Local No 491 Plan plans reported in each filing year

Latest sponsor-wide plan assets
$73M 25.5488962541213% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $57.8M $72.5M ▲ +25.5%
Year Plans Participants Total Assets
2022 1 326 $58M
2023 1 430 $65M
2024 1 424 $73M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Carpenters Local No 491 Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Carpenters Local No 491 Pension Plan, Total assets ($B): 0.0577488 · Participants: 326Carpenters Local No 491 Pension PlanLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corporation Salaried Employee Retirement ProgramNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.273549408 · Participants: 14916National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.247803775 · Participants: 1041Major League Baseball Players Pension PlanInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 3.938448124 · Participants: 50952International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozelle Nfl Player Retirement Plan
Carpenters Local No 491 Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Carpenters Local No 491 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Wood County Hospital Retirement Plan in OH ($58M); by covered participants it is Dematic Corp. Retirement Plan for Non-Union Employees in MI (326 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($58M here).

Similar participant headcount

Nearest other-state filings by covered participants (326 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 No 491 Pension Plan assets move in 2022?
Carpenters Local No 491 Pension Plan grew at a solid clip - up 10.1% during 2022, from $52M to $58M. Reported net income was $5M.
How have Trustees of Carpenters Local No 491 Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Carpenters Local No 491 Plan's sponsor-wide assets grew 25.5%, from $58M to $73M.
Where does Carpenters Local No 491 Pension Plan rank by assets among Form 5500 filers?
Carpenters Local No 491 Pension Plan ranks in the 89th 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 No 491 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wood County Hospital Retirement Plan in OH ($58M, 587 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Carpenters Local No 491 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Dematic Corp. Retirement Plan for Non-Union Employees in MI (326 participants, $170M in assets).