Defined Benefit (Pension) · DOL Form 5500 · 2023

Carpenters Pension Trust Fund for Northern California Pension Plan

Data updated 2026-08-25

$6.0B
Total assets Very large vs avg
20,998
Participants Very large workforce
100th
Percentile by assets National rank
$285,642
Avg per participant High balance/head
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Official DOL plan name: Carpenters Pension Trust Fund for Northern California · Sponsored by Carpenters Pension Trust Fund for Northern California · California · Construction

$6.0B in assets, 20,998 participants

Carpenters Pension Trust Fund for Northern California's Carpenters Pension Trust Fund for Northern California reported $6.0B in total assets and 20,998 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,021 in Construction (9,030 peers)

Coverage in California

Carpenters Pension Trust Fund for Northern California covers 20,998 participants in California, 33x the typical California plan (state average ~630 per filing). Assets: $6.0B.

#9,021
in Construction (9,030 peers)
+13.2%
assets growth YoY
60×
vs typical plan assets (national mean)

Carpenters Pension Trust Fund for Northern California's outsized position by total assets

Carpenters Pension Trust Fund for Northern California vs every filed plan by assets

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

$5,997,914,037 Highest reported value at or above every one 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

Carpenters Pension Trust Fund for Northern California's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carpenters Pension Trust Fund for Northern California is a mega filing (20,998 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carpenters Pension Trust Fund for Northern California reported net income rose from $256M in the plan year 2022 filing to $695M in the plan year 2023 filing.
  • Carpenters Pension Trust Fund for Northern California end-of-year assets rose from $5.3B in the plan year 2022 filing to $6.0B in the plan year 2023 filing.
  • Carpenters Pension Trust Fund for Northern California reported participants fell from 21,193 in the plan year 2022 filing to 20,998 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 946050970 · Carpenters Pension Trust Fund for Northern California PY 2023 · Defined Benefit (Pension)

Carpenters Pension Trust Fund for Northern California · $6.0B · 20,998 · 100th

  • RANK $6.0B
  • PHOTO 20,998
  • IND 100th
  • EOY Defined Benefit (Pension)
  • 5500 near Ntess Retirement Income Plan
  • ASSETS ind #9021

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 California →

Carpenters Pension Trust Fund for Northern California in the asset neighbourhood

Ntess Retirement Income Plan$6.1BCarpenters Pension Trust Fund for Northern CaliforniaCarpenters Pension Trust Fun…$6.0BEversource Pension Plan$5.9BMidwest Operating Engineers Pension Trust FundMidwest Operating Engineers …$5.8BTriad Defined Benefit Pension PlanTriad Defined Benefit Pensio…$5.7B
End-of-year total assets ($B) among Carpenters Pension Trust Fund for Northern California and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$5.3B
Net Assets (End of Year)$6.0B
Net Income$695M
Employer EIN946050970
Plan Effective Date1958-08-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Carpenters Pension Trust Fund for Northern California)

Sponsor-wide plan assets over time

All Carpenters Pension Trust Fund for Northern California plans reported in each filing year

Latest sponsor-wide plan assets
$6.6B 24.101398104738752% vs 2022
2024 filing year
$5B$5.5B$6B$6.5B$7B 202220232024 $5.3B $6.58B ▲ +24.2%
Year Plans Participants Total Assets
2022 1 21,193 $5.3B
2023 1 20,998 $6.0B
2024 1 19,919 $6.6B

Nearby Defined Benefit (Pension) Plans in California

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

Carpenters Pension Trust Fund for Northern California vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Carpenters Pension Trust Fund for Northern California, Total assets ($B): 5.997914037 · Participants: 20998Carpenters Pension Trust Fund for Northern CaliforniaKaiser Permanente Retirement Plan, Total assets ($B): 33.538817099 · Participants: 127356Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 21.40954351 · Participants: 22914Pacific Gas and Electric Company Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.980531142 · Participants: 25647Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.814691143 · Participants: 19545Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 10.057095066 · Participants: 10813Disney Salaried Pension Plan D
Carpenters Pension Trust Fund for Northern California vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Carpenters Pension Trust Fund for Northern California side-by-side with 3 peers →

Scale composition for Carpenters Pension Trust Fund for Northern California

Carpenters Pension Trust Fund for Northern California reports $6.0B in end-of-year assets across 20,998 participants (0.049% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $285,642 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2023 was $695M.

This plan identity (EIN 946050970, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.3B to $6.6B (+24.1%) while covered participants moved from 21,193 to 19,919 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 21,193 $5.3B Open filing
2023 20,998 $6.0B This page
2024 · index core 19,919 $6.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Carpenters Pension Trust Fund for Northern California's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Ntess Retirement Income Plan in NM ($6.1B); by covered participants it is Employees' Retirement Plan of Duke University in NC (21,020 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (20,998 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 Carpenters Pension Trust Fund for Northern California assets move in 2023? ▼
Carpenters Pension Trust Fund for Northern California grew at a solid clip - up 13.2% during 2023, from $5.3B to $6.0B. Reported net income was $695M.
How have Carpenters Pension Trust Fund for Northern California plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carpenters Pension Trust Fund for Northern California's sponsor-wide assets grew 24.1%, from $5.3B to $6.6B.
Where does Carpenters Pension Trust Fund for Northern California rank by assets among Form 5500 filers? ▼
Carpenters Pension Trust Fund for Northern California ranks in the 100th percentile by end-of-year assets among 127,072 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 Carpenters Pension Trust Fund for Northern California? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ntess Retirement Income Plan in NM ($6.1B, 3,544 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Carpenters Pension Trust Fund for Northern California? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Employees' Retirement Plan of Duke University in NC (21,020 participants, $2.6B 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 946050970.

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.