Money Purchase · DOL Form 5500 · 2024

Carpenters Local No 491 Annuity Plan Money Purchase Plan

Data updated 2026-08-06

$37M
Total assets: 1,064
Participants: 80th
Percentile by assets: $35,049
Avg per participant

Official DOL plan name: Carpenters Local Union No 491 Annuity Plan · Sponsored by Carpenters Local No 491 Annuity Plan · Maryland · Other Services

$37M in assets, 1,064 participants

Carpenters Local No 491 Annuity Plan's Carpenters Local Union No 491 Annuity Plan reported $37M in total assets and 1,064 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

80th percentile by assets (of 116,472 plans)
#6,468 in Other Services (7,135 peers)

Where Carpenters Local Union No 491 Annuity Plan sits by assets

Carpenters Local Union No 491 Annuity Plan sits in the top quartile of all filed plans by assets, $37M for 1,064 participants (~$35,049/participant), up 17.1% in 2024.

$37M
total plan assets (2024 EOY): 1,064
covered participants: 80th
percentile by assets (of 116,472 plans): $35,049
avg assets per participant

Carpenters Local Union No 491 Annuity Plan end-of-year assets rose from $32M in the plan year 2023 filing to $37M in the plan year 2024 filing.
Carpenters Local Union No 491 Annuity Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
Carpenters Local Union No 491 Annuity Plan reported participants fell from 1,108 in the plan year 2023 filing to 1,064 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Maryland

Industry

Other Services

Carpenters Local Union No 491 Annuity Plan vs the 2024 asset distribution

By assets, Carpenters Local Union No 491 Annuity Plan outranks 80% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$32M
Net Assets (End of Year)	$37M
Net Income	$5M
Employer EIN	521840473
Plan Effective Date	1993-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Carpenters Local No 491 Annuity Plan)

Total plan assets by year, all Carpenters Local No 491 Annuity Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	772	$26M
2023	1	1,108	$32M
2024	1	1,064	$37M

Nearby Money Purchase Plans in Maryland

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

Carpenters Local Union No 491 Annuity Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants

National Electrical Annuity Plan $18.1B · 86,141
The Johns Hopkins University Applied Physics Laboratory Pension Plan a $3.0B · 8,190
Meba Pension Trust-Money Purchase Benefit Plan $306M · 2,964
Seafarers Money Purchase Pension Plan $168M · 8,583
Defined Contribution Plan for the Employees of the American Institute of Physics $141M · 222

Compare Carpenters Local Union No 491 Annuity Pl… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Carpenters Local Union No 491 Annuity Plan by total assets, not by location.

International Brotherhood of Electrical Workers Local Union #756 Pension Fund (FL) $37M · 302
Money Purchase Retirement Plan of U.a. Local 716 (CT) $37M · 340
Resources for the Future, Inc. 401(a) Retirement (DC) $38M · 65
United Union of Roofers, Waterproofers & Allied Workers, Local 154 Annuity Fund (NY) $37M · 181

Frequently Asked Questions

How did Carpenters Local Union No 491 Annuity Plan assets move in 2024? ▼

Carpenters Local Union No 491 Annuity Plan grew sharply - up 17.1% during 2024, from $32M to $37M. Reported net income was $5M.

How have Carpenters Local No 491 Annuity Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Carpenters Local No 491 Annuity Plan's sponsor-wide assets grew 45.0%, from $26M to $37M.

Where does Carpenters Local Union No 491 Annuity Plan rank by assets among Form 5500 filers? ▼

Carpenters Local Union No 491 Annuity Plan ranks in the 80th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Money Purchase plans are similar in size to Carpenters Local Union No 491 Annuity Plan? ▼

Among Money Purchase plans in other states, the closest by assets is International Brotherhood of Electrical Workers Local Union #756 Pension Fund in FL ($37M, 302 participants).

Next read for Carpenters Local Union No 491 Annuity Pl…

Scale reading

Ways to act on Carpenters Local Union No 491 Annuity Plan's numbers.

By total assets, Carpenters Local Union No 491 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Maryland. Compare plans
Carpenters Local No 491 Annuity Plan's sponsor-wide assets have grown 45.0% since 2022 across 3 plan years on file. More Other Services 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 521840473.