Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Mid-Atlantic Regional Council of Carpenters' Annuity Profit Sharing Plan

Data updated 2026-08-11

$122M
Total assets
13,291
Participants
92nd
Percentile by assets
$9,184
Avg per participant
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Official DOL plan name: Mid-Atlantic Regional Council of Carpenters' Annuity Fund · Sponsored by Board of Trustees Mid-Atlantic Regional Council of Carpenters' Annuity · Maryland · Construction

$122M in assets, 13,291 participants

Board of Trustees Mid-Atlantic Regional Council of Carpenters' Annuity's Mid-Atlantic Regional Council of Carpenters' Annuity Fund reported $122M in total assets and 13,291 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #8,216 in Construction (9,030 peers)

Coverage in Maryland

Mid-Atlantic Regional Council of Carpenters' Annuity Fund covers 13,291 participants in Maryland, 14x the typical Maryland plan (state average ~929 per filing). Assets: $122M.

$122M
total plan assets (2023 EOY)
13,291
covered participants
92nd
percentile by assets (of 127,072 plans)
$9,184
avg assets per participant

The plan reported a net loss of $589K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mid-Atlantic Regional Council of Carpenters' Annuity Fund reported net income rose from -$9M in the plan year 2022 filing to -$589K in the plan year 2023 filing.
  • Mid-Atlantic Regional Council of Carpenters' Annuity Fund reported participants rose from 12,943 in the plan year 2022 filing to 13,291 in the plan year 2023 filing.
  • Mid-Atlantic Regional Council of Carpenters' Annuity Fund end-of-year assets fell from $123M in the plan year 2022 filing to $122M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Mid-Atlantic Regional Council of Carpenters' Annuity Fund reports 13,291 participants - 14x that state average ($122M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$123M
Net Assets (End of Year)$122M
Net Income-$589K
Employer EIN541999516
Plan Effective Date2000-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Mid-Atlantic Regional Council of Carpenters' Annuity)

$120M$122M$124M$126M$128M 202220232024 $123M $126M ▲ +2.0%
Total plan assets by year, all Board of Trustees Mid-Atlantic Regional Council of Carpenters' Annuity plans on file
Year Plans Participants Total Assets
2022 1 12,943 $123M
2023 1 13,291 $122M
2024 1 13,397 $126M

Nearby Profit Sharing Plans in Maryland

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Mid-Atlantic Regional Council of Carpenters' Annuity Fund vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Mid-Atlantic Regional Council of Carpenters' Annuity Fund vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. 050001000015000200002500030000 -10123 Total assets ($B) Participants Mid-Atlantic Regiona…Sprinkler Industry S…Nfl Player Annuity P…Major League Basebal…International Painte…Nfl Player Capital A…
Mid-Atlantic Regional Council of Carpenters' Annuity Fund vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Scale composition for Mid-Atlantic Regional Council of Carpenters' Annuity Fund

Mid-Atlantic Regional Council of Carpenters' Annuity Fund reports $122M in end-of-year assets across 13,291 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $9,184 per participant (7% of the national average assets-per-participant) . Net income for plan year 2023 was -$589K.

This plan identity (EIN 541999516, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $123M to $126M (+2.0%) while covered participants moved from 12,943 to 13,397 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,943 $123M Open filing
2023 13,291 $122M This page
2024 · index core 13,397 $126M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Mid-Atlantic Regional Council of Carpenters' Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Mid-Atlantic Regional Council of Carpenters' Annuity Fund assets move in 2023?
Mid-Atlantic Regional Council of Carpenters' Annuity Fund edged down modestly - down 1.1% during 2023, from $123M to $122M. Reported net income was -$589K.
How have Board of Trustees Mid-Atlantic Regional Council of Carpenters' Annuity plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Mid-Atlantic Regional Council of Carpenters' Annuity's sponsor-wide assets grew 2.0%, from $123M to $126M.
Where does Mid-Atlantic Regional Council of Carpenters' Annuity Fund rank by assets among Form 5500 filers?
Mid-Atlantic Regional Council of Carpenters' Annuity Fund ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Mid-Atlantic Regional Council of Carpenters' Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Building Laborers Local 310 Annuity Fund in OH ($122M, 1,341 participants).

Next read for Mid-Atlantic Regional Council of Carpent…

Filing takeaways

Ways to act on Mid-Atlantic Regional Council of Carpenters' Annuity Fund's numbers.

  • By total assets, Mid-Atlantic Regional Council of Carpenters' Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Maryland. Compare plans
  • Board of Trustees Mid-Atlantic Regional Council of Carpenters' Annuity's sponsor-wide assets have grown 2.0% since 2022 across 3 plan years on file. More Construction plans