Money Purchase · DOL Form 5500 · 2024

Board of Trustees Central Iowa Carpenters Money Purchase Plan Money Purchase Plan

Data updated 2026-08-06

$132M
Total assets
811
Participants
92nd
Percentile by assets
$162,824
Avg per participant
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Official DOL plan name: Central Iowa Carpenters Money Purchase Plan · Sponsored by Board of Trustees Central Iowa Carpenters Money Purchase Plan · Minnesota · Construction

$132M in assets, 811 participants

Board of Trustees Central Iowa Carpenters Money Purchase Plan's Central Iowa Carpenters Money Purchase Plan reported $132M in total assets and 811 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 116,472 plans)
  • #7,624 in Construction (8,304 peers)

Where Central Iowa Carpenters Money Purchase Plan sits by assets

Central Iowa Carpenters Money Purchase Plan sits in the top 10% of all filed plans by assets, $132M for 811 participants (~$162,824/participant), up 5.7% in 2024.

$132M
total plan assets (2024 EOY)
811
covered participants
92nd
percentile by assets (of 116,472 plans)
$162,824
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Central Iowa Carpenters Money Purchase Plan reported participants fell from 1,134 in the plan year 2023 filing to 811 in the plan year 2024 filing.
  • Central Iowa Carpenters Money Purchase Plan reported net income fell from $9M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Central Iowa Carpenters Money Purchase Plan end-of-year assets rose from $125M in the plan year 2023 filing to $132M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Central Iowa Carpenters Money Purchase Plan vs the 2024 asset distribution

By assets, Central Iowa Carpenters Money Purchase Plan outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$125M
Net Assets (End of Year)$132M
Net Income$7M
Employer EIN366066902
Plan Effective Date1986-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Central Iowa Carpenters Money Purchase Plan)

$280M$300M$320M$340M 202220232024 $290M $334M ▲ +15.2%
Total plan assets by year, all Board of Trustees Central Iowa Carpenters Money Purchase Plan plans on file
Year Plans Participants Total Assets
2022 2 2,656 $290M
2023 2 1,904 $313M
2024 2 1,673 $334M

Nearby Money Purchase Plans in Minnesota

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Central Iowa Carpenters Money Purchase Plan vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Central Iowa Carpenters Money Purchase Plan vs. nearby Money Purchase plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 0100200300400500 Total assets ($M) Participants Central Iowa Carpent…Thrivent Capital Acc…Boilermakers Lodge 1…Presbyterian Homes a…Minneapolis Operativ…Christian Labor Asso…
Central Iowa Carpenters Money Purchase Plan vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Central Iowa Carpenters Money Purchase Plan by total assets, not by location.

Frequently Asked Questions

How did Central Iowa Carpenters Money Purchase Plan assets move in 2024?
Central Iowa Carpenters Money Purchase Plan grew at a solid clip - up 5.7% during 2024, from $125M to $132M. Reported net income was $7M.
How have Board of Trustees Central Iowa Carpenters Money Purchase Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Central Iowa Carpenters Money Purchase Plan's sponsor-wide assets grew 15.2%, from $290M to $334M.
Where does Central Iowa Carpenters Money Purchase Plan rank by assets among Form 5500 filers?
Central Iowa Carpenters Money Purchase Plan ranks in the 92nd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Central Iowa Carpenters Money Purchase Plan?
Among Money Purchase plans in other states, the closest by assets is Aspirus, Inc. Frozen 401(a) Plan in WI ($133M, 2,145 participants).

Next read for Central Iowa Carpenters Money Purchase P…

Scale reading

Ways to act on Central Iowa Carpenters Money Purchase Plan's numbers.

  • By total assets, Central Iowa Carpenters Money Purchase Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Minnesota. Compare plans
  • Board of Trustees Central Iowa Carpenters Money Purchase Plan's sponsor-wide assets have grown 15.2% since 2022 across 3 plan years on file. More Construction plans