Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Carpenters Pension Fund of Illinois Pension Plan

Data updated 2026-08-11

$2.1B
Total assets: 4,750
Participants: 99th
Percentile by assets: $451,578
Avg per participant

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, 4,750 participants

Board of Trustees of Carpenters Pension Fund of Illinois's Carpenters Pension Fund of Illinois reported $2.1B in total assets and 4,750 participants in its 2023 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 127,072 plans)
#8,750 in Finance & Insurance (8,869 peers)

Coverage in Illinois

Carpenters Pension Fund of Illinois covers 4,750 participants in Illinois, 6.1x the typical Illinois plan (state average ~779 per filing). Assets: $2.1B.

$2.1B
total plan assets (2023 EOY): 4,750
covered participants: 99th
percentile by assets (of 127,072 plans): $451,578
avg assets per participant

Carpenters Pension Fund of Illinois reported net income rose from -$329M in the plan year 2022 filing to $79M in the plan year 2023 filing.
Carpenters Pension Fund of Illinois end-of-year assets rose from $2.1B in the plan year 2022 filing to $2.1B in the plan year 2023 filing.
Carpenters Pension Fund of Illinois reported participants rose from 4,731 in the plan year 2022 filing to 4,750 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Finance & Insurance

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Carpenters Pension Fund of Illinois reports 4,750 participants - 6.1x that state average ($2.1B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$2.1B
Net Assets (End of Year)	$2.1B
Net Income	$79M
Employer EIN	366147396
Plan Effective Date	1957-06-01
Filing Status	FILING RECEIVED

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

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

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Carpenters Pension Fund of Illinois side-by-side with 3 peers →

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.

The Aerospace Employees' Retirement Plan (Aerp) (CA) $2.1B · 2,595
Phillips 66 Retirement Plan (TX) $2.2B · 10,346
Pension Plan of Public Service Enterprise Group Incorporated II (NJ) $2.1B · 10,014
Ohio Carpenters' Pension Plan (MI) $2.2B · 10,351

Frequently Asked Questions

How did Carpenters Pension Fund of Illinois assets move in 2023? ▼

Carpenters Pension Fund of Illinois edged up modestly - up 4.4% during 2023, from $2.1B to $2.1B. Reported net income was $79M.

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 127,072 plans that reported assets for plan year 2023 (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 The Aerospace Employees' Retirement Plan (Aerp) in CA ($2.1B, 2,595 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 366147396.