Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Ohio Carpenters' Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$410M
Total assets: 9,314
Participants: 97th
Percentile by assets: $44,004
Avg per participant

Official DOL plan name: Ohio Carpenters' Annuity Plan · Sponsored by Board of Trustees Ohio Carpenters' Annuity Fund · Michigan · Construction

$410M in assets, 9,314 participants

Board of Trustees Ohio Carpenters' Annuity Fund's Ohio Carpenters' Annuity Plan reported $410M in total assets and 9,314 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#8,717 in Construction (9,030 peers)

Coverage in Michigan

Ohio Carpenters' Annuity Plan covers 9,314 participants in Michigan, 15x the typical Michigan plan (state average ~638 per filing). Assets: $410M.

$410M
total plan assets (2023 EOY): 9,314
covered participants: 97th
percentile by assets (of 127,072 plans): $44,004
avg assets per participant

Ohio Carpenters' Annuity Plan reported net income rose from $8M in the plan year 2022 filing to $39M in the plan year 2023 filing.
Ohio Carpenters' Annuity Plan reported participants rose from 8,330 in the plan year 2022 filing to 9,314 in the plan year 2023 filing.
Ohio Carpenters' Annuity Plan end-of-year assets rose from $371M in the plan year 2022 filing to $410M in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Ohio Carpenters' Annuity Plan reports 9,314 participants - 15x that state average ($410M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$371M
Net Assets (End of Year)	$409M
Net Income	$39M
Employer EIN	341778747
Plan Effective Date	1994-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Ohio Carpenters' Annuity Fund)

Total plan assets by year, all Board of Trustees Ohio Carpenters' Annuity Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	8,330	$371M
2023	2	19,570	$410M

Nearby Profit Sharing Plans in Michigan

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

Ohio Carpenters' Annuity Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Henry Ford Health System Retirement Savings Plan $1.7B · 14,349
Construction Industry Retirement Fund of Rockford $564M · 10,685
Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $288M · 1,404
NECA-IBEW Memphis Retirement Plan $213M · 2,389
Plumbers and Pipefitters Local Union 520 Annuity Plan $205M · 1,651

Compare Ohio Carpenters' Annuity Plan side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Ohio Carpenters' Annuity Plan by total assets, not by location.

Pennsylvania Association of Independent Colleges and Universities Multiple Employer Plan (PA) $413M · 2,051
Medical Information Technology, Inc. Profit Sharing Plan (MA) $405M · 3,041
Structural Iron Workers Local #1 Annuity Plan (IL) $416M · 3,083
The Arc New York Affiliated Employers 401(k) Plan (NY) $417M · 11,366

Frequently Asked Questions

How did Ohio Carpenters' Annuity Plan assets move in 2023? ▼

Ohio Carpenters' Annuity Plan grew at a solid clip - up 10.5% during 2023, from $371M to $410M. Reported net income was $39M.

How have Board of Trustees Ohio Carpenters' Annuity Fund plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Board of Trustees Ohio Carpenters' Annuity Fund's sponsor-wide assets grew 10.5%, from $371M to $410M.

Where does Ohio Carpenters' Annuity Plan rank by assets among Form 5500 filers? ▼

Ohio Carpenters' Annuity Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Ohio Carpenters' Annuity Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Pennsylvania Association of Independent Colleges and Universities Multiple Employer Plan in PA ($413M, 2,051 participants).

Next read for Ohio Carpenters' Annuity Plan

Filing takeaways

Ways to act on Ohio Carpenters' Annuity Plan's numbers.

By total assets, Ohio Carpenters' Annuity Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
Board of Trustees Ohio Carpenters' Annuity Fund's sponsor-wide assets have grown 10.5% since 2022 across 2 plan years on file. More Construction plans

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 341778747.