Money Purchase · DOL Form 5500 · 2023
Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund Money Purchase Plan
Data updated 2026-08-25
- $500M
- Total assets Above avg plan size
- 17,454
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $28,673
- Avg per participant Low balance/head
Official DOL plan name: Michigan Regional Council of Carpenters' Annuity Fund · Sponsored by Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund · Michigan · Construction
$500M in assets, 17,454 participants
Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund's Michigan Regional Council of Carpenters' Annuity Fund reported $500M in total assets and 17,454 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.
- #8,772 in Construction (9,030 peers)
Coverage in Michigan
Michigan Regional Council of Carpenters' Annuity Fund covers 17,454 participants in Michigan, 27x the typical Michigan plan (state average ~638 per filing). Assets: $500M.
- #8,772
- in Construction (9,030 peers)
- +13.3%
- assets growth YoY
- 5.0×
- vs typical plan assets (national mean)
Michigan Regional Council of Carpenters' Annuity Fund's outsized position by total assets
Michigan Regional Council of Carpenters' Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$500,459,680 Top 3% higher than 97% 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
Michigan Regional Council of Carpenters' Annuity Fund's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Regional Council of Carpenters' Annuity Fund is a mega filing (17,454 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Michigan Regional Council of Carpenters' Annuity Fund reported net income rose from $7M in the plan year 2022 filing to $62M in the plan year 2023 filing.
- Michigan Regional Council of Carpenters' Annuity Fund end-of-year assets rose from $442M in the plan year 2022 filing to $500M in the plan year 2023 filing.
- Michigan Regional Council of Carpenters' Annuity Fund reported participants fell from 19,164 in the plan year 2022 filing to 17,454 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 383240423 · Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund PY 2023 · Money Purchase
Michigan Regional Council of Carpenters' Annuity Fund · $500M · 17,454 · 97th
- TYPE $500M
- NET 17,454
- BOOK 97th
- VS-ST Money Purchase
- BOY near Brewery Conference/Anheuser-Busch Defined Contribution Plan
- SCH ind #8772
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 Michigan →
Michigan Regional Council of Carpenters' Annuity Fund in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $442M |
|---|---|
| Net Assets (End of Year) | $499M |
| Net Income | $62M |
| Employer EIN | 383240423 |
| Plan Effective Date | 1995-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund)
Sponsor-wide plan assets over time
All Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $531M 20.13504815139854% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 19,164 | $442M |
| 2023 | 1 | 17,454 | $500M |
| 2024 | 1 | 17,855 | $531M |
Nearby Money Purchase Plans in Michigan
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan $1.4B · 31,968
- Millwrights' Local 1102 Supplemental Pension Fund $306M · 2,267
- Operating Engineers' Local 324, Defined Contribution Pension Plan $237M · 7,464
- P & M Holding Group, LLP & Affiliated Entities Pension Plan $226M · 1,081
- Michigan Laborers' Annuity Fund $119M · 21,709
Scale composition for Michigan Regional Council of Carpenters' Annuity Fund
Michigan Regional Council of Carpenters' Annuity Fund reports $500M in end-of-year assets across 17,454 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.019% of 93,925,755 covered participants) - about $28,673 per participant (21% of the national average assets-per-participant) . Net income for plan year 2023 was $62M.
This plan identity (EIN 383240423, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $442M to $531M (+20.1%) while covered participants moved from 19,164 to 17,855 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 19,164 | $442M | Open filing |
| 2023 | 17,454 | $500M | This page |
| 2024 · index core | 17,855 | $531M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Michigan Regional Council of Carpenters' Annuity Fund (Money Purchase, $531M, 17,855 participants)
Michigan Regional Council of Carpenters' Annuity Fund's out-of-state Money Purchase peers by assets and headcount
Outside Michigan, the nearest Money Purchase by assets is Brewery Conference/Anheuser-Busch Defined Contribution Plan in MO ($500M); by covered participants it is The Permanente Contribution Plan of the Permanente Medical Group, Inc. in CA (18,060 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($500M here).
- Brewery Conference/Anheuser-Busch Defined Contribution Plan (MO) $500M · 2,621
- The Children's Mercy Hospital Retirement Plan (MO) $503M · 6,519
- Kaiser Permanente Washington Defined Contribution Plan (CA) $504M · 7,322
- Bay Area Painters & Tapers Annuity Fund (CA) $504M · 6,552
Similar participant headcount
Nearest other-state filings by covered participants (17,454 participants); asset peers above are excluded.
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. (CA) 18,060 · 606 off
- Itpeu Pension Fund (NJ) 15,693 · 1,761 off
- Operating Engineers Local 12 Defined Contribution Trust (CA) 19,566 · 2,112 off
- California Iron Workers Field Defined Contribution Pension Trust Fund (CA) 15,271 · 2,183 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.