Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Carpenters Pension Fund of Illinois Pension Plan

Data updated 2026-08-06

$2.3B
Total assets: 4,997
Participants: 99th
Percentile by assets: $455,921
Avg per participant

Official DOL plan name: Carpenters Pension Fund of Illinois · Sponsored by Board of Trustees of Carpenters Pension Fund of Illinois · Illinois · Finance & Insurance

$2.3B in assets, 4,997 participants

Board of Trustees of Carpenters Pension Fund of Illinois's Carpenters Pension Fund of Illinois reported $2.3B in total assets and 4,997 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 116,472 plans)

Coverage in Illinois

Carpenters Pension Fund of Illinois covers 4,997 participants in Illinois, 6.5x the typical Illinois plan (state average ~768 per filing). Assets: $2.3B.

$2.3B
total plan assets (2024 EOY): 4,997
covered participants: 99th
percentile by assets (of 116,472 plans): $455,921
avg assets per participant

Carpenters Pension Fund of Illinois reported net income rose from $79M in the plan year 2023 filing to $116M in the plan year 2024 filing.
Carpenters Pension Fund of Illinois end-of-year assets rose from $2.1B in the plan year 2023 filing to $2.3B in the plan year 2024 filing.
Carpenters Pension Fund of Illinois reported participants rose from 4,750 in the plan year 2023 filing to 4,997 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Finance & Insurance

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Carpenters Pension Fund of Illinois reports 4,997 participants - 6.5x that state average ($2.3B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$2.1B
Net Assets (End of Year)	$2.2B
Net Income	$116M
Employer EIN	366147396
Plan Effective Date	1957-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of Carpenters Pension Fund of Illinois)

Total plan assets by year, all Board of Trustees of Carpenters Pension Fund of Illinois plans on file

Year	Plans	Participants	Total Assets
2022	1	4,731	$2.1B
2023	1	4,750	$2.1B
2024	1	4,997	$2.3B

Nearby Defined Benefit (Pension) Plans in Illinois

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

Carpenters Pension Fund of Illinois vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
GE Healthcare Pension Plan $13.7B · 5,554
Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
Exelon Corporation Retirement Program $6.1B · 8,898

Compare Carpenters Pension Fund of Illinois side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Carpenters Pension Fund of Illinois by total assets, not by location.

Csx Pension Plan (FL) $2.3B · 2,293
Boeing North American Retirement Plan (WA) $2.3B · 137
Reynolds and Affiliates Pension Plan (NC) $2.2B · 748
Time Warner Cable Pension Plan (NC) $2.3B · 15,757

Frequently Asked Questions

How did Carpenters Pension Fund of Illinois assets move in 2024? ▼

Carpenters Pension Fund of Illinois grew at a solid clip - up 6.2% during 2024, from $2.1B to $2.3B. Reported net income was $116M.

How have Board of Trustees of Carpenters Pension Fund of Illinois plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of Carpenters Pension Fund of Illinois's sponsor-wide assets grew 10.9%, from $2.1B to $2.3B.

Where does Carpenters Pension Fund of Illinois rank by assets among Form 5500 filers? ▼

Carpenters Pension Fund of Illinois ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which Defined Benefit (Pension) plans are similar in size to Carpenters Pension Fund of Illinois? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Csx Pension Plan in FL ($2.3B, 2,293 participants).

Next read for Carpenters Pension Fund of Illinois

Filing takeaways

Ways to act on Carpenters Pension Fund of Illinois's numbers.

By total assets, Carpenters Pension Fund of Illinois ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Board of Trustees of Carpenters Pension Fund of Illinois's sponsor-wide assets have grown 10.9% since 2022 across 3 plan years on file. More Finance & Insurance 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 366147396.

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.