Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Central Iowa Carpenters Pension Plan Pension Plan

Data updated 2026-08-11

$202M
Total assets: 862
Participants: 94th
Percentile by assets: $234,299
Avg per participant

Official DOL plan name: Central Iowa Carpenters Pension Plan · Sponsored by Board of Trustees Central Iowa Carpenters Pension Plan · Minnesota · Construction

$202M in assets, 862 participants

Board of Trustees Central Iowa Carpenters Pension Plan's Central Iowa Carpenters Pension Plan reported $202M in total assets and 862 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 123,622 plans)
#8,430 in Construction (9,039 peers)

Where Central Iowa Carpenters Pension Plan sits by assets

Central Iowa Carpenters Pension Plan sits in the top 10% of all filed plans by assets, $202M for 862 participants (~$234,299/participant), up 7.6% in 2024.

$202M
total plan assets (2024 EOY): 862
covered participants: 94th
percentile by assets (of 123,622 plans): $234,299
avg assets per participant

Central Iowa Carpenters Pension Plan reported participants rose from 770 in the plan year 2023 filing to 862 in the plan year 2024 filing.
Central Iowa Carpenters Pension Plan end-of-year assets rose from $188M in the plan year 2023 filing to $202M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Minnesota

Industry

Construction

Central Iowa Carpenters Pension Plan vs the 2024 asset distribution

By assets, Central Iowa Carpenters Pension Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$188M
Net Assets (End of Year)	$202M
Net Income	$14M
Employer EIN	366066902
Plan Effective Date	1976-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Central Iowa Carpenters Pension Plan)

Total plan assets by year, all Board of Trustees Central Iowa Carpenters Pension 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 Defined Benefit (Pension) Plans in Minnesota

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

Central Iowa Carpenters Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Mayo Pension Plan $11.8B · 71,743
3M Employee Retirement Income Plan $8.9B · 9,132
Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
U.S. Bank Pension Plan $4.4B · 62,822
The Travelers Pension Plan $4.2B · 27,237

Compare Central Iowa Carpenters Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Central Iowa Carpenters Pension Plan by total assets, not by location.

Wwec Local 863 Pension Plan (NJ) $202M · 776
Plumbers & Pipefitters Local No 189 Pension Plan (OH) $202M · 982
Unite Here Health Staff Pension Plan (IL) $202M · 397
United Asso Journeymen & Apprnc Pension Fund (FL) $201M · 810

Frequently Asked Questions

How did Central Iowa Carpenters Pension Plan assets move in 2024? ▼

Central Iowa Carpenters Pension Plan grew at a solid clip - up 7.6% during 2024, from $188M to $202M. Reported net income was $14M.

How have Board of Trustees Central Iowa Carpenters Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Central Iowa Carpenters Pension Plan's sponsor-wide assets grew 15.2%, from $290M to $334M.

Where does Central Iowa Carpenters Pension Plan rank by assets among Form 5500 filers? ▼

Central Iowa Carpenters Pension Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Central Iowa Carpenters Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Wwec Local 863 Pension Plan in NJ ($202M, 776 participants).

Next read for Central Iowa Carpenters Pension Plan

Scale reading

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

By total assets, Central Iowa Carpenters Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
Board of Trustees Central Iowa Carpenters Pension Plan's sponsor-wide assets have grown 15.2% 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 366066902.