Profit Sharing · DOL Form 5500 · 2024

Board of Trustees, Southwest Carpenters Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
59,889
Participants Very large workforce
99th
Percentile by assets National rank
$18,969
Avg per participant Low balance/head
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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.

  • #8,916 in Construction (9,039 peers)

Coverage in California

Southwest Carpenters Annuity Fund covers 59,889 participants in California, 95x the typical California plan (state average ~630 per filing). Assets: $1.1B.

#8,916
in Construction (9,039 peers)
+60.4%
assets growth YoY
11×
vs typical plan assets (national mean)

Southwest Carpenters Annuity Fund's outsized position by total assets

Southwest Carpenters Annuity Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,136,039,535 Top 1% higher than 99% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Southwest Carpenters Annuity Fund's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southwest Carpenters Annuity Fund is a mega filing (59,889 participants), the rightmost band on the breakdown.

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 →

DOL schedule card

Filing strip 880135694 · Board of Trustees, Southwest Carpenters Annuity Fund PY 2024 · Profit Sharing

Southwest Carpenters Annuity Fund · $1.1B · 59,889 · 99th

  • PHOTO $1.1B
  • PHOTO 59,889
  • PHOTO 99th
  • PHOTO Profit Sharing
  • PHOTO near Demoulas (Restated) Profit Sharing Plan & Trust
  • PHOTO ind #8916

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in California →

Southwest Carpenters Annuity Fund in the asset neighbourhood

Southwest Carpenters Annuity FundSouthwest Carpenters Annuity…$1.1BDemoulas (Restated) Profit Sharing Plan & TrustDemoulas (Restated) Profit S…$1.1BThe Defined Contribution Plan of the Methodist HospitalThe Defined Contribution Pla…$1.1BDartmouth-Hitchcock Retirement PlanDartmouth-Hitchcock Retireme…$1.1BThe Emory Clinic, Inc. Retirement Savings PlanThe Emory Clinic, Inc. Retir…$1.0B
End-of-year total assets ($B) among Southwest Carpenters Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Board of Trustees, Southwest Carpenters Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 142.40396581961002% vs 2022
2024 filing year
$0B$0.5B$1B$1.5B 202220232024 $0.47B $1.14B ▲ +142.6%
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 Scatter plot of 6 data points. 020000400006000080000 0246810 Total assets ($B) Participants Southwest Carpenters Annuity Fund, Total assets ($B): 1.136039535 · Participants: 59889Southwest Carpenters Annuity FundScpmg Keogh Plan, Total assets ($B): 7.873239427 · Participants: 10749Scpmg Keogh PlanIntel Retirement Contribution Plan, Total assets ($B): 7.29473208 · Participants: 19044Intel Retirement Contribution PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 6.232609737 · Participants: 67842Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.429377 · Participants: 4491Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.420512537 · Participants: 36338Disney Retirement Savings Plan
Southwest Carpenters Annuity Fund vs. nearby Profit Sharing plans in California, assets vs. participants

Scale composition for Southwest Carpenters Annuity Fund

Southwest Carpenters Annuity Fund reports $1.1B in end-of-year assets across 59,889 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.064% of 93,925,755 covered participants) - about $18,969 per participant (14% of the national average assets-per-participant) . Net income for plan year 2024 was $213M.

This plan identity (EIN 880135694, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $469M to $1.1B (+142.4%) while covered participants moved from 45,399 to 59,889 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 45,399 $469M Open filing
2023 52,075 $708M Open filing
2024 · index core 59,889 $1.1B This page

Southwest Carpenters Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Demoulas (Restated) Profit Sharing Plan & Trust in MA ($1.1B); by covered participants it is Cleveland Clinic Investment Pension Plan in OH (51,751 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (59,889 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which Profit Sharing plans cover a similar participant headcount to Southwest Carpenters Annuity Fund?
Among Profit Sharing plans in other states, the closest by covered participants is Cleveland Clinic Investment Pension Plan in OH (51,751 participants, $1.8B in assets).