Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees, Michigan Carpenters' Pension Fund Pension Plan

Data updated 2026-08-25

$725M
Total assets Above avg plan size
3,408
Participants Above avg headcount
98th
Percentile by assets National rank
$212,645
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Michigan Carpenters' Pension Fund · Sponsored by Board of Trustees, Michigan Carpenters' Pension Fund · Michigan · Construction

$725M in assets, 3,408 participants

Board of Trustees, Michigan Carpenters' Pension Fund's Michigan Carpenters' Pension Fund reported $725M in total assets and 3,408 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.

  • #8,867 in Construction (9,030 peers)

Coverage in Michigan

Michigan Carpenters' Pension Fund covers 3,408 participants in Michigan, 5.3x the typical Michigan plan (state average ~638 per filing). Assets: $725M.

#8,867
in Construction (9,030 peers)
+9.9%
assets growth YoY
7.3×
vs typical plan assets (national mean)

Michigan Carpenters' Pension Fund's outsized position by total assets

Michigan Carpenters' Pension Fund vs every filed plan by assets

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

$724,692,488 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

Michigan 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. Michigan Carpenters' Pension Fund lands in the large band (3,408 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michigan Carpenters' Pension Fund reported net income rose from $12M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • Michigan Carpenters' Pension Fund end-of-year assets rose from $659M in the plan year 2022 filing to $725M in the plan year 2023 filing.
  • Michigan Carpenters' Pension Fund reported participants rose from 3,379 in the plan year 2022 filing to 3,408 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 386233978 · Board of Trustees, Michigan Carpenters' Pension Fund PY 2023 · Defined Benefit (Pension)

Michigan Carpenters' Pension Fund · $725M · 3,408 · 98th

  • SCH $725M
  • SCH 3,408
  • SCH 98th
  • SCH Defined Benefit (Pension)
  • SCH near Teco Energy Group Retirement Plan
  • SCH ind #8867

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 Carpenters' Pension Fund in the asset neighbourhood

Michigan Carpenters' Pension FundMichigan Carpenters' Pension…$725MTeco Energy Group Retirement PlanTeco Energy Group Retirement…$722MTrucking Employees of North Jersey Pension FundTrucking Employees of North …$721M2019 Bmw Pension Plan$721MWec Energy Group Retirement Plan for Wisconsin Public Service CorporationWec Energy Group Retirement …$720M
End-of-year total assets ($M) among Michigan Carpenters' Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$659M
Net Assets (End of Year)$722M
Net Income$65M
Employer EIN386233978
Plan Effective Date1963-08-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Michigan Carpenters' Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees, Michigan Carpenters' Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$774M 17.36406476481826% vs 2022
2024 filing year
$600M$650M$700M$750M$800M 202220232024 $659M $774M ▲ +17.4%
Year Plans Participants Total Assets
2022 1 3,379 $659M
2023 1 3,408 $725M
2024 1 3,894 $774M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Michigan Carpenters' Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Michigan Carpenters' Pension Fund, Total assets ($B): 0.724692488 · Participants: 3408Michigan Carpenters' Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Michigan Carpenters' Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Michigan Carpenters' Pension Fund side-by-side with 3 peers →

Michigan Carpenters' Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Teco Energy Group Retirement Plan in FL ($722M); by covered participants it is Lehigh Valley Health Network, Inc. Retirement Plan in PA (3,415 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($725M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,408 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 Michigan Carpenters' Pension Fund assets move in 2023? ▼
Michigan Carpenters' Pension Fund grew at a solid clip - up 9.9% during 2023, from $659M to $725M. Reported net income was $65M.
How have Board of Trustees, Michigan Carpenters' Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Michigan Carpenters' Pension Fund's sponsor-wide assets grew 17.4%, from $659M to $774M.
Where does Michigan Carpenters' Pension Fund rank by assets among Form 5500 filers? ▼
Michigan 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 Michigan Carpenters' Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Teco Energy Group Retirement Plan in FL ($722M, 3,381 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Michigan Carpenters' Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lehigh Valley Health Network, Inc. Retirement Plan in PA (3,415 participants, $1.1B 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 386233978.

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.