Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees - Carpenters Local Union No. 345 Pension Fund Pension Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
187
Participants Below avg headcount
81st
Percentile by assets National rank
$176,658
Avg per participant Above avg balance/head
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Official DOL plan name: Carpenters Local Union No. 345 Pension Fund · Sponsored by Trustees - Carpenters Local Union No. 345 Pension Fund · Tennessee · Construction

$33M in assets, 187 participants

Trustees - Carpenters Local Union No. 345 Pension Fund's Carpenters Local Union No. 345 Pension Fund reported $33M in total assets and 187 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,124 in Construction (9,030 peers)

Coverage in Tennessee

Carpenters Local Union No. 345 Pension Fund covers 187 participants in Tennessee, about 17% of the average Tennessee filer (state average ~1,126 per filing). Assets: $33M.

#7,124
in Construction (9,030 peers)
+25.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Carpenters Local Union No. 345 Pension Fund's outsized position by total assets

Carpenters Local Union No. 345 Pension Fund vs every filed plan by assets

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

$33,035,100 Top 19% higher than 81% 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

Carpenters Local Union No. 345 Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carpenters Local Union No. 345 Pension Fund sits mid-pack in the medium band (187 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carpenters Local Union No. 345 Pension Fund reported participants rose from 52 in the plan year 2022 filing to 187 in the plan year 2023 filing.
  • Carpenters Local Union No. 345 Pension Fund reported net income rose from -$4M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Carpenters Local Union No. 345 Pension Fund end-of-year assets rose from $26M in the plan year 2022 filing to $33M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 626112262 · Trustees - Carpenters Local Union No. 345 Pension Fund PY 2023 · Defined Benefit (Pension)

Carpenters Local Union No. 345 Pension Fund · $33M · 187 · 81st

  • PCT $33M
  • PCT 187
  • PCT 81st
  • PCT Defined Benefit (Pension)
  • PCT near Crounse Corporation Marine & Maintenance Employees' Pension Plan
  • PCT ind #7124

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 Tennessee →

Carpenters Local Union No. 345 Pension Fund in the asset neighbourhood

Nidec Retirement Plan$33MCarpenters Local Union No. 345 Pension FundCarpenters Local Union No. 3…$33MCrounse Corporation Marine & Maintenance Employees' Pension PlanCrounse Corporation Marine &…$33MAllen & Overy LLP Cash Balance Pension PlanAllen & Overy LLP Cash Balan…$33MNational Cement Company Salaried Employees Retirement PlanNational Cement Company Sala…$33M
End-of-year total assets ($M) among Carpenters Local Union No. 345 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$33M
Net Income$7M
Employer EIN626112262
Plan Effective Date1972-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees - Carpenters Local Union No. 345 Pension Fund)

Sponsor-wide plan assets over time

All Trustees - Carpenters Local Union No. 345 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $26.3M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 52 $26M
2023 1 187 $33M
2024 1 468 N/A

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Carpenters Local Union No. 345 Pension Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Carpenters Local Union No. 345 Pension Fund, Total assets ($B): 0.0330351 · Participants: 187Carpenters Local Union No. 345 Pension FundFedex Corporation Employees' Pension Plan, Total assets ($B): 26.580798454 · Participants: 139031Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.836549756 · Participants: 20164Retirement Plan of International Paper CompanyPace Industry Union-Management Pension Fund, Total assets ($B): 2.707920528 · Participants: 3192Pace Industry Union-Management Pension FundPension Plan for Employees at Ornl, Total assets ($B): 2.456364769 · Participants: 5801Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 2.074583545 · Participants: 2710Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee
Carpenters Local Union No. 345 Pension Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
Compare Carpenters Local Union No. 345 Pension Fund side-by-side with 3 peers →

Carpenters Local Union No. 345 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Crounse Corporation Marine & Maintenance Employees' Pension Plan in KY ($33M); by covered participants it is Joele Frank, Wilkinson Brimmer Katcher Vip Plan in NY (187 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (187 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 Carpenters Local Union No. 345 Pension Fund assets move in 2023? ▼
Carpenters Local Union No. 345 Pension Fund grew sharply - up 25.7% during 2023, from $26M to $33M. Reported net income was $7M.
Where does Carpenters Local Union No. 345 Pension Fund rank by assets among Form 5500 filers? ▼
Carpenters Local Union No. 345 Pension Fund ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Carpenters Local Union No. 345 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Crounse Corporation Marine & Maintenance Employees' Pension Plan in KY ($33M, 253 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Carpenters Local Union No. 345 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Joele Frank, Wilkinson Brimmer Katcher Vip Plan in NY (187 participants, $25M 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 626112262.

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.