Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of the Twin City Floor Covering Industry Pension Fun Pension Plan

Data updated 2026-08-25

$156M
Total assets Near avg plan size
407
Participants Below avg headcount
94th
Percentile by assets National rank
$382,572
Avg per participant High balance/head
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Official DOL plan name: Twin City Floor Covering Industry Pension Fund · Sponsored by Board of Trustees of the Twin City Floor Covering Industry Pension Fun · Minnesota · Construction

$156M in assets, 407 participants

Board of Trustees of the Twin City Floor Covering Industry Pension Fun's Twin City Floor Covering Industry Pension Fund reported $156M in total assets and 407 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,337 in Construction (9,030 peers)

Coverage in Minnesota

Twin City Floor Covering Industry Pension Fund covers 407 participants in Minnesota, about 36% of the average Minnesota filer (state average ~1,126 per filing). Assets: $156M.

#8,337
in Construction (9,030 peers)
+7.5%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Twin City Floor Covering Industry Pension Fund's outsized position by total assets

Twin City Floor Covering Industry Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$155,706,651 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Twin City Floor Covering Industry Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Twin City Floor Covering Industry Pension Fund sits mid-pack in the medium band (407 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Twin City Floor Covering Industry Pension Fund reported net income rose from $6M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Twin City Floor Covering Industry Pension Fund end-of-year assets rose from $145M in the plan year 2022 filing to $156M in the plan year 2023 filing.
  • Twin City Floor Covering Industry Pension Fund reported participants fell from 421 in the plan year 2022 filing to 407 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 416145862 · Board of Trustees of the Twin City Floor Covering Industry Pension Fun PY 2023 · Defined Benefit (Pension)

Twin City Floor Covering Industry Pension Fund · $156M · 407 · 94th

  • EOY $156M
  • EOY 407
  • EOY 94th
  • EOY Defined Benefit (Pension)
  • EOY near Smart & Final Pension Plan
  • EOY ind #8337

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 Minnesota →

Twin City Floor Covering Industry Pension Fund in the asset neighbourhood

Pension Fund of Make-Up Artists & Hair Stylists Union - Local 798 - IatsePension Fund of Make-Up Arti…$156MCovington Portfolio Pension PlanCovington Portfolio Pension …$156MTwin City Floor Covering Industry Pension FundTwin City Floor Covering Ind…$156MSmart & Final Pension Plan$156MDrywall Pension Fund$156M
End-of-year total assets ($M) among Twin City Floor Covering Industry Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$145M
Net Assets (End of Year)$156M
Net Income$11M
Employer EIN416145862
Plan Effective Date1973-04-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Twin City Floor Covering Industry Pension Fun)

Sponsor-wide plan assets over time

All Board of Trustees of the Twin City Floor Covering Industry Pension Fun plans reported in each filing year

Latest sponsor-wide plan assets
$167M 14.927050585604562% vs 2022
2024 filing year
$140M$150M$160M$170M 202220232024 $145M $167M ▲ +14.9%
Year Plans Participants Total Assets
2022 1 421 $145M
2023 1 407 $156M
2024 1 413 $167M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Twin City Floor Covering Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Twin City Floor Covering Industry Pension Fund, Total assets ($B): 0.155706651 · Participants: 407Twin City Floor Covering Industry Pension Fund3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Twin City Floor Covering Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Twin City Floor Covering Industry Pension Fund side-by-side with 3 peers →

Twin City Floor Covering Industry Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Smart & Final Pension Plan in CA ($156M); by covered participants it is Vencore, Inc. Pension Plan in VA (407 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($156M here).

Similar participant headcount

Nearest other-state filings by covered participants (407 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Twin City Floor Covering Industry Pension Fund assets move in 2023? ▼
Twin City Floor Covering Industry Pension Fund grew at a solid clip - up 7.5% during 2023, from $145M to $156M. Reported net income was $11M.
How have Board of Trustees of the Twin City Floor Covering Industry Pension Fun plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of the Twin City Floor Covering Industry Pension Fun's sponsor-wide assets grew 14.9%, from $145M to $167M.
Where does Twin City Floor Covering Industry Pension Fund rank by assets among Form 5500 filers? ▼
Twin City Floor Covering Industry Pension Fund ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Twin City Floor Covering Industry Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Smart & Final Pension Plan in CA ($156M, 1,422 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Twin City Floor Covering Industry Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Vencore, Inc. Pension Plan in VA (407 participants, $333M in assets).

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 416145862.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.