Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of the Twin City Carpenters and Joiners Pension Fund Pension Plan

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
6,412
Participants Above avg headcount
99th
Percentile by assets National rank
$294,326
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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

$1.9B in assets, 6,412 participants

Board of Trustees of the Twin City Carpenters and Joiners Pension Fund's Twin City Carpenters and Joiners Pension Fund reported $1.9B in total assets and 6,412 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.

  • #8,975 in Construction (9,030 peers)

Coverage in Minnesota

Twin City Carpenters and Joiners Pension Fund covers 6,412 participants in Minnesota, 5.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.9B.

#8,975
in Construction (9,030 peers)
+7.2%
assets growth YoY
19×
vs typical plan assets (national mean)

Twin City Carpenters and Joiners Pension Fund's outsized position by total assets

Twin City Carpenters and Joiners Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,887,218,446 Top 1% higher than 99% of 127,068 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 2023

Twin City Carpenters and Joiners Pension Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Twin City Carpenters and Joiners Pension Fund lands in the large band (6,412 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Twin City Carpenters and Joiners Pension Fund reported net income rose from -$323M in the plan year 2022 filing to $126M in the plan year 2023 filing.
  • Twin City Carpenters and Joiners Pension Fund end-of-year assets rose from $1.8B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.
  • Twin City Carpenters and Joiners Pension Fund reported participants rose from 6,352 in the plan year 2022 filing to 6,412 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 416043137 · Board of Trustees of the Twin City Carpenters and Joiners Pension Fund PY 2023 · Defined Benefit (Pension)

Twin City Carpenters and Joiners Pension Fund · $1.9B · 6,412 · 99th

  • 5500 $1.9B
  • 5500 6,412
  • 5500 99th
  • 5500 Defined Benefit (Pension)
  • 5500 near Cna Retirement Plan
  • 5500 ind #8975

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 Minnesota →

Twin City Carpenters and Joiners Pension Fund in the asset neighbourhood

Twin City Carpenters and Joiners Pension FundTwin City Carpenters and Joi…$1.9BCna Retirement Plan$1.9BDanaher Corporation & Subsidiaries Pension PlanDanaher Corporation & Subsid…$1.9BElectrical Workers Pension Plan Local 103 I.B.E.W.Electrical Workers Pension P…$1.9BOncor Retirement Plan$1.9B
End-of-year total assets ($B) among Twin City Carpenters and Joiners Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$1.9B
Net Income$126M
Employer EIN416043137
Plan Effective Date1964-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Twin City Carpenters and Joiners Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of the Twin City Carpenters and Joiners Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$2.0B 14.032850390070466% vs 2022
2024 filing year
$1.7B$1.8B$1.9B$2B$2.1B 202220232024 $1.76B $2.01B ▲ +14.2%
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 Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Twin City Carpenters and Joiners Pension Fund, Total assets ($B): 1.887218446 · Participants: 6412Twin City Carpenters and Joiners Pension Fund3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Twin City Carpenters and Joiners Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Twin City Carpenters and Joiners Pension Fund side-by-side with 3 peers →

Scale composition for Twin City Carpenters and Joiners Pension Fund

Twin City Carpenters and Joiners Pension Fund reports $1.9B in end-of-year assets across 6,412 participants (0.015% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $294,326 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2023 was $126M.

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 Open filing
2023 6,412 $1.9B This page
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's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Cna Retirement Plan in IL ($1.9B); by covered participants it is Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan in MI (6,430 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,412 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Twin City Carpenters and Joiners Pension Fund assets move in 2023? ▼
Twin City Carpenters and Joiners Pension Fund grew at a solid clip - up 7.2% during 2023, from $1.8B to $1.9B. Reported net income was $126M.
How have Board of Trustees of the Twin City Carpenters and Joiners Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of the Twin City Carpenters and Joiners Pension Fund's sponsor-wide assets grew 14.0%, from $1.8B to $2.0B.
Where does Twin City Carpenters and Joiners Pension Fund rank by assets among Form 5500 filers? ▼
Twin City Carpenters and Joiners Pension Fund 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 Twin City Carpenters and Joiners Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cna Retirement Plan in IL ($1.9B, 457 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Twin City Carpenters and Joiners Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan in MI (6,430 participants, $914M in assets).

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 416043137.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.