Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Indiana State Council of Carpenters Pension Fund Pension Plan

Data updated 2026-08-06

$1.3B
Total assets
7,046
Participants
99th
Percentile by assets
$184,644
Avg per participant
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Official DOL plan name: Indiana State Council of Carpenters Pension Fund · Sponsored by Board of Trustees Indiana State Council of Carpenters Pension Fund · Michigan · Construction

$1.3B in assets, 7,046 participants

Board of Trustees Indiana State Council of Carpenters Pension Fund's Indiana State Council of Carpenters Pension Fund reported $1.3B in total assets and 7,046 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 126,618 plans)
  • #8,900 in Construction (8,993 peers)

Coverage in Michigan

Indiana State Council of Carpenters Pension Fund covers 7,046 participants in Michigan, 11x the typical Michigan plan (state average ~632 per filing). Assets: $1.3B.

$1.3B
total plan assets (2023 EOY)
7,046
covered participants
99th
percentile by assets (of 126,618 plans)
$184,644
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Indiana State Council of Carpenters Pension Fund reported net income rose from -$48M in the plan year 2022 filing to $142M in the plan year 2023 filing.
  • Indiana State Council of Carpenters Pension Fund reported participants rose from 3,639 in the plan year 2022 filing to 7,046 in the plan year 2023 filing.
  • Indiana State Council of Carpenters Pension Fund end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Indiana State Council of Carpenters Pension Fund reports 7,046 participants - 11x that state average ($1.3B EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.3B
Net Income$142M
Employer EIN356060378
Plan Effective Date1965-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Indiana State Council of Carpenters Pension Fund)

$1.1B$1.2B$1.3B$1.4B 202220232024 $1.16B $1.35B ▲ +16.4%
Total plan assets by year, all Board of Trustees Indiana State Council of Carpenters Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 3,639 $1.2B
2023 1 7,046 $1.3B
2024 1 6,965 $1.4B

Nearby Defined Benefit (Pension) Plans in Michigan

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

Indiana State Council of Carpenters Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Indiana State Council of Carpenters Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 50001000015000200002500030000 -1001020304050 Total assets ($B) Participants Indiana State Counci…General Motors Hourl…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…
Indiana State Council of Carpenters Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Scale composition for Indiana State Council of Carpenters Pension Fund

Indiana State Council of Carpenters Pension Fund reports $1.3B in end-of-year assets across 7,046 participants (0.011% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $184,644 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $142M.

This plan identity (EIN 356060378, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.4B (+16.5%) while covered participants moved from 3,639 to 6,965 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 3,639 $1.2B Open filing
2023 7,046 $1.3B This page
2024 · index core 6,965 $1.4B 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 Indiana State Council of Carpenters Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Indiana State Council of Carpenters Pension Fund assets move in 2023?
Indiana State Council of Carpenters Pension Fund grew at a solid clip - up 12.1% during 2023, from $1.2B to $1.3B. Reported net income was $142M.
How have Board of Trustees Indiana State Council of Carpenters Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Indiana State Council of Carpenters Pension Fund's sponsor-wide assets grew 16.5%, from $1.2B to $1.4B.
Where does Indiana State Council of Carpenters Pension Fund rank by assets among Form 5500 filers?
Indiana State Council of Carpenters Pension Fund ranks in the 99th percentile by end-of-year assets among 126,618 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 Indiana State Council of Carpenters Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wec Energy Group Retirement Account Plan in WI ($1.3B, 2,410 participants).

Next read for Indiana State Council of Carpenters Pens…

Filing takeaways

Ways to act on Indiana State Council of Carpenters Pension Fund's numbers.

  • By total assets, Indiana State Council of 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 Michigan. Compare plans
  • Board of Trustees Indiana State Council of Carpenters Pension Fund's sponsor-wide assets have grown 16.5% since 2022 across 3 plan years on file. More Construction plans