Profit Sharing · DOL Form 5500 · 2024

Board of Trustees, Southwest Carpenters Annuity Fund Profit Sharing Plan

Data updated 2026-07-24

$1.1B
Total assets
59,889
Participants
99th
Percentile by assets
$18,969
Avg per participant
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Official DOL plan name: Southwest Carpenters Annuity Fund · Sponsored by Board of Trustees, Southwest Carpenters Annuity Fund · California · Construction

$1.1B in assets, 59,889 participants

Board of Trustees, Southwest Carpenters Annuity Fund's Southwest Carpenters Annuity Fund reported $1.1B in total assets and 59,889 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 California

Southwest Carpenters Annuity Fund covers 59,889 participants in California, 94x the typical California plan (state average ~637 per filing). Assets: $1.1B.

$1.1B
total plan assets (2024 EOY)
59,889
covered participants
99th
percentile by assets (of 116,472 plans)
$18,969
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southwest Carpenters Annuity Fund end-of-year assets rose from $708M in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
  • Southwest Carpenters Annuity Fund reported net income rose from $162M in the plan year 2023 filing to $213M in the plan year 2024 filing.
  • Southwest Carpenters Annuity Fund reported participants rose from 52,075 in the plan year 2023 filing to 59,889 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Southwest Carpenters Annuity Fund reports 59,889 participants - 94x that state average ($1.1B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$708M
Net Assets (End of Year)$1.1B
Net Income$213M
Employer EIN880135694
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Southwest Carpenters Annuity Fund)

$0B$0.5B$1B$1.5B 202220232024 $0.47B $1.14B â–˛ +142.6%
Total plan assets by year, all Board of Trustees, Southwest Carpenters Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 45,399 $469M
2023 1 52,075 $708M
2024 1 59,889 $1.1B

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Southwest Carpenters Annuity Fund vs. nearby Profit Sharing plans in California, assets vs. participants

Southwest Carpenters Annuity Fund vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0246810 Total assets ($B) Participants Southwest Carpenters…Scpmg Keogh PlanIntel Retirement Con…Motion Picture Indus…Memorialcare Retirem…Disney Retirement Sa…
Southwest Carpenters Annuity Fund vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Southwest Carpenters Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Southwest Carpenters Annuity Fund assets move in 2024?
Southwest Carpenters Annuity Fund surged - up 60.4% during 2024, from $708M to $1.1B. Reported net income was $213M.
How have Board of Trustees, Southwest Carpenters Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Southwest Carpenters Annuity Fund's sponsor-wide assets grew 142.4%, from $469M to $1.1B.
Where does Southwest Carpenters Annuity Fund rank by assets among Form 5500 filers?
Southwest Carpenters Annuity Fund 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 Profit Sharing plans are similar in size to Southwest Carpenters Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Demoulas (Restated) Profit Sharing Plan & Trust in MA ($1.1B, 14,037 participants).

Filing takeaways

Ways to act on Southwest Carpenters Annuity Fund's numbers.

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 880135694.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.