Money Purchase · DOL Form 5500 · 2023
Carpenters Local No 491 Annuity Plan Money Purchase Plan
Data updated 2026-08-25
- $32M
- Total assets Below avg plan size
- 1,108
- Participants Near avg headcount
- 80th
- Percentile by assets National rank
- $28,734
- Avg per participant Low balance/head
Official DOL plan name: Carpenters Local Union No 491 Annuity Plan · Sponsored by Carpenters Local No 491 Annuity Plan · Maryland · Other Services
$32M in assets, 1,108 participants
Carpenters Local No 491 Annuity Plan's Carpenters Local Union No 491 Annuity Plan reported $32M in total assets and 1,108 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.
- #7,083 in Other Services (7,857 peers)
Where Carpenters Local Union No 491 Annuity Plan sits by assets
Carpenters Local Union No 491 Annuity Plan sits in the top quartile of all filed plans by assets, $32M for 1,108 participants (~$28,734/participant), up 23.8% in 2023.
- #7,083
- in Other Services (7,857 peers)
- +23.8%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Carpenters Local Union No 491 Annuity Plan's outsized position by total assets
Carpenters Local Union No 491 Annuity Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$31,837,598 Top 20% higher than 80% of 127,068 filed plans
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 491 Annuity Plan'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. Carpenters Local Union No 491 Annuity Plan lands in the large band (1,108 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Carpenters Local Union No 491 Annuity Plan reported net income rose from -$5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Carpenters Local Union No 491 Annuity Plan reported participants rose from 772 in the plan year 2022 filing to 1,108 in the plan year 2023 filing.
- Carpenters Local Union No 491 Annuity Plan end-of-year assets rose from $26M in the plan year 2022 filing to $32M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 521840473 · Carpenters Local No 491 Annuity Plan PY 2023 · Money Purchase
Carpenters Local Union No 491 Annuity Plan · $32M · 1,108 · 80th
- PHOTO $32M
- PHOTO 1,108
- PHOTO 80th
- PHOTO Money Purchase
- PHOTO near United Union of Roofers, Waterproofers & Allied Workers, Local 154 Annuity Fund
- PHOTO ind #7083
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 Other Services retirement plans → · Plans in Maryland →
Carpenters Local Union No 491 Annuity Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $26M |
|---|---|
| Net Assets (End of Year) | $32M |
| Net Income | $6M |
| Employer EIN | 521840473 |
| Plan Effective Date | 1993-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Carpenters Local No 491 Annuity Plan)
Sponsor-wide plan assets over time
All Carpenters Local No 491 Annuity Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $37M 45.03673904696003% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 772 | $26M |
| 2023 | 1 | 1,108 | $32M |
| 2024 | 1 | 1,064 | $37M |
Nearby Money Purchase Plans in Maryland
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- National Electrical Annuity Plan $15.8B · 84,425
- The Johns Hopkins University Applied Physics Laboratory Pension Plan a $2.7B · 7,852
- Meba Pension Trust-Money Purchase Benefit Plan $270M · 2,948
- Seafarers Money Purchase Pension Plan $155M · 7,644
- Defined Contribution Plan for the Employees of the American Institute of Physics $131M · 230
Carpenters Local Union No 491 Annuity Plan's out-of-state Money Purchase peers by assets and headcount
Outside Maryland, the nearest Money Purchase by assets is United Union of Roofers, Waterproofers & Allied Workers, Local 154 Annuity Fund in NY ($32M); by covered participants it is Brady Funded Retirement Plan in WI (1,110 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($32M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,108 participants); asset peers above are excluded.
- Brady Funded Retirement Plan (WI) 1,110 · 2 off
- Sup Money Purchase Pension Plan (CA) 1,113 · 5 off
- Grand Lake Mental Health Center Money Purchase Plan (OK) 1,116 · 8 off
- Sacramento Area Electrical Workers Pension and Profit Sharing Plan (CA) 1,118 · 10 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.