Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees of the Twin City Carpenters and Joiners Pension Fund Pension Plan
Data updated 2026-08-06
- $1.8B
- Total assets
- 6,352
- Participants
- 99th
- Percentile by assets
- $277,197
- Avg per participant
Official DOL plan name: Twin City Carpenters and Joiners Pension Fund · Sponsored by Board of Trustees of the Twin City Carpenters and Joiners Pension Fund · Minnesota · Construction
$1.8B in assets, 6,352 participants
Board of Trustees of the Twin City Carpenters and Joiners Pension Fund's Twin City Carpenters and Joiners Pension Fund reported $1.8B in total assets and 6,352 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)
- #9,886 in Construction (9,938 peers)
Coverage in Minnesota
Twin City Carpenters and Joiners Pension Fund covers 6,352 participants in Minnesota, 5.5x the typical Minnesota plan (state average ~1,161 per filing). Assets: $1.8B.
- $1.8B
- total plan assets (2022 EOY)
- 6,352
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $277,197
- avg assets per participant
The plan reported a net loss of $323M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Twin City Carpenters and Joiners Pension Fund reports 6,352 participants - 5.5x that state average ($1.8B EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $1.8B |
| Net Income | -$323M |
| Employer EIN | 416043137 |
| Plan Effective Date | 1964-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Twin City Carpenters and Joiners Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,352 | $1.8B |
| 2023 | 1 | 6,412 | $1.9B |
| 2024 | 1 | 6,440 | $2.0B |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Twin City Carpenters and Joiners Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- 3M Employee Retirement Income Plan $14.0B · 12,160
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- Target Corporation Pension Plan $3.3B · 50,515
Scale composition for Twin City Carpenters and Joiners Pension Fund
Twin City Carpenters and Joiners Pension Fund reports $1.8B in end-of-year assets across 6,352 participants (0.015% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $277,197 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2022 was -$323M.
This plan identity (EIN 416043137, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.0B (+14.0%) while covered participants moved from 6,352 to 6,440 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,352 | $1.8B | This page |
| 2023 | 6,412 | $1.9B | Open filing |
| 2024 · index core | 6,440 | $2.0B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Twin City Carpenters and Joiners Pension Fund (Defined Benefit (Pension), $2.0B, 6,440 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Twin City Carpenters and Joiners Pension Fund by total assets, not by location.
- Allegheny Technologies Incorporated Pension Plan (PA) $1.8B · 1,558
- Disney Associated Companies' Retirement Plan (CA) $1.8B · 25,666
- American Federation of Musicians and Employers' Pension Fund and Subsidiary (NY) $1.7B · 15,003
- Aramco U.S. Retirement Income Plan (TX) $1.8B · 1,745
Frequently Asked Questions
How did Twin City Carpenters and Joiners Pension Fund assets move in 2022? ▼
How have Board of Trustees of the Twin City Carpenters and Joiners Pension Fund plan assets changed over time? ▼
Where does Twin City Carpenters and Joiners Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Twin City Carpenters and Joiners Pension Fund? ▼
Next read for Twin City Carpenters and Joiners Pension…
Filing takeaways
Ways to act on Twin City Carpenters and Joiners Pension Fund's numbers.
- By total assets, Twin City Carpenters and Joiners Pension Fund 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 Minnesota. Compare plans
- Board of Trustees of the Twin City Carpenters and Joiners Pension Fund's sponsor-wide assets have grown 14.0% since 2022 across 3 plan years on file. More Construction plans