Defined Benefit (Pension) · DOL Form 5500 · 2023

Greater Pennsylvania Carpenters' Pension Fund Pension Plan

Data updated 2026-08-11

$1.2B
Total assets
8,460
Participants
99th
Percentile by assets
$147,205
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Greater Pennsylvania Carpenters' Pension Fund · Sponsored by Greater Pennsylvania Carpenters' Pension Fund · Pennsylvania · Construction

$1.2B in assets, 8,460 participants

Greater Pennsylvania Carpenters' Pension Fund's Greater Pennsylvania Carpenters' Pension Fund reported $1.2B in total assets and 8,460 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,931 in Construction (9,030 peers)

Coverage in Pennsylvania

Greater Pennsylvania Carpenters' Pension Fund covers 8,460 participants in Pennsylvania, 10x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.2B.

$1.2B
total plan assets (2023 EOY)
8,460
covered participants
99th
percentile by assets (of 127,072 plans)
$147,205
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Greater Pennsylvania Carpenters' Pension Fund reported net income rose from -$169M in the plan year 2022 filing to $115M in the plan year 2023 filing.
  • Greater Pennsylvania Carpenters' Pension Fund reported participants fell from 8,806 in the plan year 2022 filing to 8,460 in the plan year 2023 filing.
  • Greater Pennsylvania Carpenters' Pension Fund end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Greater Pennsylvania Carpenters' Pension Fund reports 8,460 participants - 10x that state average ($1.2B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.2B
Net Income$115M
Employer EIN256135570
Plan Effective Date1958-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Greater Pennsylvania Carpenters' Pension Fund)

$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.2B $1.66B ▲ +38.3%
Total plan assets by year, all Greater Pennsylvania Carpenters' Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 8,806 $1.2B
2023 1 8,460 $1.2B
2024 1 8,163 $1.7B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Greater Pennsylvania Carpenters' Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Greater Pennsylvania Carpenters' Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 051015 Total assets ($B) Participants Greater Pennsylvania…National Elevator In…Steelworkers Pension…The PNC Financial Se…Constellation Retire…The Bank of New York…
Greater Pennsylvania Carpenters' Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Scale composition for Greater Pennsylvania Carpenters' Pension Fund

Greater Pennsylvania Carpenters' Pension Fund reports $1.2B in end-of-year assets across 8,460 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $147,205 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $115M.

This plan identity (EIN 256135570, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.7B (+37.9%) while covered participants moved from 8,806 to 8,163 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,806 $1.2B Open filing
2023 8,460 $1.2B This page
2024 · index core 8,163 $1.7B Open filing

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

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Greater Pennsylvania Carpenters' Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Greater Pennsylvania Carpenters' Pension Fund assets move in 2023?
Greater Pennsylvania Carpenters' Pension Fund edged up modestly - up 3.6% during 2023, from $1.2B to $1.2B. Reported net income was $115M.
How have Greater Pennsylvania Carpenters' Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Greater Pennsylvania Carpenters' Pension Fund's sponsor-wide assets grew 37.9%, from $1.2B to $1.7B.
Where does Greater Pennsylvania Carpenters' Pension Fund rank by assets among Form 5500 filers?
Greater Pennsylvania Carpenters' 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 Greater Pennsylvania Carpenters' Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Thrivent Individual Pension Account Plan in MN ($1.2B, 4,384 participants).

Next read for Greater Pennsylvania Carpenters' Pension…

Filing takeaways

Ways to act on Greater Pennsylvania Carpenters' Pension Fund's numbers.

  • By total assets, Greater Pennsylvania Carpenters' Pension Fund ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
  • Greater Pennsylvania Carpenters' Pension Fund's sponsor-wide assets have grown 37.9% since 2022 across 3 plan years on file. More Construction plans