Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity Pension Plan

Data updated 2026-08-11

$719M
Total assets: 4,836
Participants: 98th
Percentile by assets: $148,616
Avg per participant

Official DOL plan name: Carpenters' Pension Trust Fund - Detroit and Vicinity · Sponsored by Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity · Michigan · Construction

$719M in assets, 4,836 participants

Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity's Carpenters' Pension Trust Fund - Detroit and Vicinity reported $719M in total assets and 4,836 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.

98th percentile by assets (of 127,072 plans)
#8,864 in Construction (9,030 peers)

Coverage in Michigan

Carpenters' Pension Trust Fund - Detroit and Vicinity covers 4,836 participants in Michigan, 7.6x the typical Michigan plan (state average ~638 per filing). Assets: $719M.

$719M
total plan assets (2023 EOY): 4,836
covered participants: 98th
percentile by assets (of 127,072 plans): $148,616
avg assets per participant

Where Carpenters' Pension Trust Fund - Detroit and Vicinity sits by total assets

Carpenters' Pension Trust Fund - Detroit and Vicinity vs every filed plan by assets

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

$718,704,764 Top 2% higher than 98% 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

Carpenters' Pension Trust Fund - Detroit and Vicinity reported net income rose from -$55M in the plan year 2022 filing to $8M in the plan year 2023 filing.
Carpenters' Pension Trust Fund - Detroit and Vicinity end-of-year assets rose from $711M in the plan year 2022 filing to $719M in the plan year 2023 filing.
Carpenters' Pension Trust Fund - Detroit and Vicinity reported participants fell from 4,876 in the plan year 2022 filing to 4,836 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Carpenters' Pension Trust Fund - Detroit and Vicinity reports 4,836 participants - 7.6x that state average ($719M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$711M
Net Assets (End of Year)	$717M
Net Income	$8M
Employer EIN	386242188
Plan Effective Date	1957-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity)

Total plan assets by year, all Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity plans on file

Year	Plans	Participants	Total Assets
2022	1	4,876	$711M
2023	1	4,836	$719M
2024	1	4,873	$1.4B

Nearby Defined Benefit (Pension) Plans in Michigan

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

Carpenters' Pension Trust Fund - Detroit and Vicinity vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
Ford Motor Company UAW Retirement Plan $19.3B · 26,442
Ford Motor Company General Retirement Plan $12.7B · 10,215
Dow Employees' Pension Plan $11.5B · 14,051
Fca US LLC UAW Pension Agreement $11.2B · 13,635

Compare Carpenters' Pension Trust Fund - Detroit… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Carpenters' Pension Trust Fund - Detroit and Vicinity by total assets, not by location.

Sheet Metal Workers' Local 73 Pension Fund (IL) $718M · 1,865
Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation (WI) $720M · 569
2019 Bmw Pension Plan (NJ) $721M · 1,442
Regions Financial Corporation Retirement Plan for Associates (AL) $716M · 2,395

Frequently Asked Questions

How did Carpenters' Pension Trust Fund - Detroit and Vicinity assets move in 2023? ▼

Carpenters' Pension Trust Fund - Detroit and Vicinity edged up modestly - up 1.0% during 2023, from $711M to $719M. Reported net income was $8M.

How have Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity's sponsor-wide assets grew 89.9%, from $711M to $1.4B.

Where does Carpenters' Pension Trust Fund - Detroit and Vicinity rank by assets among Form 5500 filers? ▼

Carpenters' Pension Trust Fund - Detroit and Vicinity 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 Carpenters' Pension Trust Fund - Detroit and Vicinity? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers' Local 73 Pension Fund in IL ($718M, 1,865 participants).

Next read for Carpenters' Pension Trust Fund - Detroit…

Filing takeaways

Ways to act on Carpenters' Pension Trust Fund - Detroit and Vicinity's numbers.

By total assets, Carpenters' Pension Trust Fund - Detroit and Vicinity ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity's sponsor-wide assets have grown 89.9% since 2022 across 3 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 386242188.