Profit Sharing · DOL Form 5500 · 2023
Board of Trustees, Southwest Carpenters Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $708M
- Total assets
- 52,075
- Participants
- 98th
- Percentile by assets
- $13,599
- Avg per participant
Official DOL plan name: Southwest Carpenters Annuity Fund · Sponsored by Board of Trustees, Southwest Carpenters Annuity Fund · California · Construction
$708M in assets, 52,075 participants
Board of Trustees, Southwest Carpenters Annuity Fund's Southwest Carpenters Annuity Fund reported $708M in total assets and 52,075 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #8,861 in Construction (9,030 peers)
Coverage in California
Southwest Carpenters Annuity Fund covers 52,075 participants in California, 83x the typical California plan (state average ~630 per filing). Assets: $708M.
- $708M
- total plan assets (2023 EOY)
- 52,075
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $13,599
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Southwest Carpenters Annuity Fund reported net income rose from $30M in the plan year 2022 filing to $162M in the plan year 2023 filing.
- Southwest Carpenters Annuity Fund end-of-year assets rose from $469M in the plan year 2022 filing to $708M in the plan year 2023 filing.
- Southwest Carpenters Annuity Fund reported participants rose from 45,399 in the plan year 2022 filing to 52,075 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Southwest Carpenters Annuity Fund reports 52,075 participants - 83x that state average ($708M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $469M |
|---|---|
| Net Assets (End of Year) | $707M |
| Net Income | $162M |
| Employer EIN | 880135694 |
| Plan Effective Date | 1987-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Southwest Carpenters Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 45,399 | $469M |
| 2023 | 1 | 52,075 | $708M |
| 2024 | 1 | 59,889 | $1.1B |
Nearby Profit Sharing Plans in California
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Southwest Carpenters Annuity Fund vs. nearby Profit Sharing plans in California, assets vs. participants
- Intel Retirement Contribution Plan $7.2B · 21,513
- Scpmg Keogh Plan $6.8B · 10,125
- Motion Picture Industry Individual Account Plan $5.9B · 71,071
- Memorialcare Retirement Plan $1.3B · 4,728
- Disney Retirement Savings Plan $1.1B · 37,110
Scale composition for Southwest Carpenters Annuity Fund
Southwest Carpenters Annuity Fund reports $708M in end-of-year assets across 52,075 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.055% of 93,925,755 covered participants) - about $13,599 per participant (10% of the national average assets-per-participant) . Net income for plan year 2023 was $162M.
This plan identity (EIN 880135694, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $469M to $1.1B (+142.4%) while covered participants moved from 45,399 to 59,889 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 45,399 | $469M | Open filing |
| 2023 | 52,075 | $708M | This page |
| 2024 · index core | 59,889 | $1.1B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Southwest Carpenters Annuity Fund (Profit Sharing, $1.1B, 59,889 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Southwest Carpenters Annuity Fund by total assets, not by location.
- Morgan, Lewis & Bockius LLP Defined Contribution Plan (PA) $714M · 2,458
- Popular, Inc. Pr Savings and Investment Plan (PR) $701M · 8,134
- The Retirement and Savings Plan for Amgen Manufacturing Limited LLC (PR) $719M · 2,713
- Legacy Health Defined Contribution Retirement Plan (OR) $697M · 11,313
Frequently Asked Questions
How did Southwest Carpenters Annuity Fund assets move in 2023? ▼
How have Board of Trustees, Southwest Carpenters Annuity Fund plan assets changed over time? ▼
Where does Southwest Carpenters Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Southwest Carpenters Annuity Fund? ▼
Next read for Southwest Carpenters Annuity Fund
Filing takeaways
Ways to act on Southwest Carpenters Annuity Fund's numbers.
- By total assets, Southwest Carpenters Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
- Board of Trustees, Southwest Carpenters Annuity Fund's sponsor-wide assets have grown 142.4% since 2022 across 3 plan years on file. More Construction plans