Defined Benefit (Pension) · DOL Form 5500 · 2024

Joint Board of Trustees Western States Carpenters Pension Plan Pension Plan

Data updated 2026-08-25

$11.3B
Total assets Mega-plan scale
48,582
Participants Very large workforce
100th
Percentile by assets National rank
$233,468
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Western States Carpenters Pension Plan · Sponsored by Joint Board of Trustees Western States Carpenters Pension Plan · California · Construction

$11.3B in assets, 48,582 participants

Joint Board of Trustees Western States Carpenters Pension Plan's Western States Carpenters Pension Plan reported $11.3B in total assets and 48,582 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,036 in Construction (9,039 peers)

Coverage in California

Western States Carpenters Pension Plan covers 48,582 participants in California, 77x the typical California plan (state average ~630 per filing). Assets: $11.3B.

#9,036
in Construction (9,039 peers)
+66.1%
assets growth YoY
114×
vs typical plan assets (national mean)

Western States Carpenters Pension Plan's outsized position by total assets

Western States Carpenters Pension Plan vs every filed plan by assets

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

$11,342,334,451 Highest reported value at or above every one 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

Western States Carpenters Pension Plan'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. Western States Carpenters Pension Plan is a mega filing (48,582 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Western States Carpenters Pension Plan end-of-year assets rose from $6.8B in the plan year 2023 filing to $11.3B in the plan year 2024 filing.
  • Western States Carpenters Pension Plan reported net income rose from $763M in the plan year 2023 filing to $926M in the plan year 2024 filing.
  • Western States Carpenters Pension Plan reported participants rose from 45,891 in the plan year 2023 filing to 48,582 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 956042875 · Joint Board of Trustees Western States Carpenters Pension Plan PY 2024 · Defined Benefit (Pension)

Western States Carpenters Pension Plan · $11.3B · 48,582 · 100th

  • VS-ST $11.3B
  • BOY 48,582
  • SCH 100th
  • EBSA Defined Benefit (Pension)
  • PART near Retirement Security Plan
  • TYPE ind #9036

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 →

Western States Carpenters Pension Plan in the asset neighbourhood

The Lilly Retirement Plan$11.8BConsolidated Cash Balance Program of Mass General Brigham and Member OrganizationsConsolidated Cash Balance Pr…$11.6BRetirement Security Plan$11.5BWestern States Carpenters Pension PlanWestern States Carpenters Pe…$11.3BDow Employees' Pension Plan$10.9B
End-of-year total assets ($B) among Western States Carpenters Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$6.8B
Net Assets (End of Year)$11.3B
Net Income$926M
Employer EIN956042875
Plan Effective Date1959-09-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees Western States Carpenters Pension Plan)

Sponsor-wide plan assets over time

All Joint Board of Trustees Western States Carpenters Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$11.3B 86.83952634371089% vs 2022
2024 filing year
$4B$6B$8B$10B$12B 202220232024 $6.07B $11.3B ▲ +86.8%
Year Plans Participants Total Assets
2022 1 42,115 $6.1B
2023 1 45,891 $6.8B
2024 1 48,582 $11.3B

Nearby Defined Benefit (Pension) Plans in California

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

Western States Carpenters Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Western States Carpenters Pension Plan, Total assets ($B): 11.342334451 · Participants: 48582Western States Carpenters Pension PlanKaiser Permanente Retirement Plan, Total assets ($B): 34.452234723 · Participants: 135057Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.60716624 · Participants: 27500Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 11.441381434 · Participants: 18983Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Ilwu-Pma Pension Plan, Total assets ($B): 10.798538721 · Participants: 15833Ilwu-Pma Pension PlanDisney Salaried Pension Plan D, Total assets ($B): 10.42670627 · Participants: 9984Disney Salaried Pension Plan D
Western States Carpenters Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Western States Carpenters Pension Plan side-by-side with 3 peers →

Scale composition for Western States Carpenters Pension Plan

Western States Carpenters Pension Plan reports $11.3B in end-of-year assets across 48,582 participants (0.092% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.052% of 93,925,755 covered participants) - about $233,468 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2024 was $926M.

This plan identity (EIN 956042875, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.1B to $11.3B (+86.8%) while covered participants moved from 42,115 to 48,582 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 42,115 $6.1B Open filing
2023 45,891 $6.8B Open filing
2024 · index core 48,582 $11.3B This page

Western States Carpenters Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Retirement Security Plan in VA ($11.5B); by covered participants it is Ernst & Young Defined Benefit Retirement Plan in NJ (48,793 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (48,582 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 Western States Carpenters Pension Plan assets move in 2024? ▼
Western States Carpenters Pension Plan surged - up 66.1% during 2024, from $6.8B to $11.3B. Reported net income was $926M.
How have Joint Board of Trustees Western States Carpenters Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees Western States Carpenters Pension Plan's sponsor-wide assets grew 86.8%, from $6.1B to $11.3B.
Where does Western States Carpenters Pension Plan rank by assets among Form 5500 filers? ▼
Western States Carpenters Pension Plan ranks in the 100th 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 Defined Benefit (Pension) plans are similar in size to Western States Carpenters Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Security Plan in VA ($11.5B, 56,633 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Western States Carpenters Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ernst & Young Defined Benefit Retirement Plan in NJ (48,793 participants, $2.4B in assets).

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 956042875.

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.