Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees-Will County Local 174 Carpenters Pension Fund Pension Plan

Data updated 2026-08-25

$549M
Total assets Above avg plan size
1,117
Participants Near avg headcount
98th
Percentile by assets National rank
$491,923
Avg per participant High balance/head
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Official DOL plan name: Will County Local 174 Carpenters Pension Fund · Sponsored by Trustees-Will County Local 174 Carpenters Pension Fund · Illinois · Construction

$549M in assets, 1,117 participants

Trustees-Will County Local 174 Carpenters Pension Fund's Will County Local 174 Carpenters Pension Fund reported $549M in total assets and 1,117 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,796 in Construction (9,030 peers)

Where Will County Local 174 Carpenters Pension Fund sits by assets

Will County Local 174 Carpenters Pension Fund sits in the top 5% of all filed plans by assets, $549M for 1,117 participants (~$491,923/participant), up 12.1% in 2023.

#8,796
in Construction (9,030 peers)
+12.1%
assets growth YoY
5.5×
vs typical plan assets (national mean)

Will County Local 174 Carpenters Pension Fund's outsized position by total assets

Will County Local 174 Carpenters Pension Fund vs every filed plan by assets

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

$549,478,512 Top 2% higher than 98% 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

Will County Local 174 Carpenters Pension Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Will County Local 174 Carpenters Pension Fund lands in the large band (1,117 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Will County Local 174 Carpenters Pension Fund reported net income rose from -$10M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Will County Local 174 Carpenters Pension Fund end-of-year assets rose from $490M in the plan year 2022 filing to $549M in the plan year 2023 filing.
  • Will County Local 174 Carpenters Pension Fund reported participants rose from 1,076 in the plan year 2022 filing to 1,117 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 362515854 · Trustees-Will County Local 174 Carpenters Pension Fund PY 2023 · Defined Benefit (Pension)

Will County Local 174 Carpenters Pension Fund · $549M · 1,117 · 98th

  • 5500 $549M
  • ASSETS 1,117
  • PCT 98th
  • EIN Defined Benefit (Pension)
  • RANK near The Consol Energy Inc. Employee Retirement Plan
  • PHOTO ind #8796

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 Illinois →

Will County Local 174 Carpenters Pension Fund in the asset neighbourhood

Graybar Electric Company, Inc. Pension PlanGraybar Electric Company, In…$550MConstruction Workers Pension Trust Fund - Lake County and Vicinity Pension PlanConstruction Workers Pension…$550MThe Consol Energy Inc. Employee Retirement PlanThe Consol Energy Inc. Emplo…$550MWill County Local 174 Carpenters Pension FundWill County Local 174 Carpen…$549MThe Guardian Field Representative Employees' Retirement PlanThe Guardian Field Represent…$549M
End-of-year total assets ($M) among Will County Local 174 Carpenters Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$490M
Net Assets (End of Year)$547M
Net Income$59M
Employer EIN362515854
Plan Effective Date1961-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees-Will County Local 174 Carpenters Pension Fund)

Sponsor-wide plan assets over time

All Trustees-Will County Local 174 Carpenters Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$200M$400M$600M$800M 202220232024 $490M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 1,076 $490M
2023 1 1,117 $549M
2024 1 1,125 N/A

Nearby Defined Benefit (Pension) Plans in Illinois

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

Will County Local 174 Carpenters Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Will County Local 174 Carpenters Pension Fund, Total assets ($B): 0.549478512 · Participants: 1117Will County Local 174 Carpenters Pension FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Will County Local 174 Carpenters Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Will County Local 174 Carpenters Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is The Consol Energy Inc. Employee Retirement Plan in PA ($550M); by covered participants it is Ppl Retirement Plan in PA (1,118 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,117 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 Will County Local 174 Carpenters Pension Fund assets move in 2023?
Will County Local 174 Carpenters Pension Fund grew at a solid clip - up 12.1% during 2023, from $490M to $549M. Reported net income was $59M.
Where does Will County Local 174 Carpenters Pension Fund rank by assets among Form 5500 filers?
Will County Local 174 Carpenters Pension Fund ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Will County Local 174 Carpenters Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Consol Energy Inc. Employee Retirement Plan in PA ($550M, 972 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Will County Local 174 Carpenters Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ppl Retirement Plan in PA (1,118 participants, $1.6B in assets).