Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees - Tri-State Carpenters and Joiners Pension Pension Plan

Data updated 2026-08-11

$452M
Total assets
2,085
Participants
97th
Percentile by assets
$216,843
Avg per participant
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Official DOL plan name: Tri-State Carpenters and Joiners Pension Trust Fund · Sponsored by Board of Trustees - Tri-State Carpenters and Joiners Pension · Tennessee · Construction

$452M in assets, 2,085 participants

Board of Trustees - Tri-State Carpenters and Joiners Pension's Tri-State Carpenters and Joiners Pension Trust Fund reported $452M in total assets and 2,085 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #8,728 in Construction (9,039 peers)

Where Tri-State Carpenters and Joiners Pension Trust Fund sits by assets

Tri-State Carpenters and Joiners Pension Trust Fund sits in the top 5% of all filed plans by assets, $452M for 2,085 participants (~$216,843/participant), up 97.9% in 2024.

$452M
total plan assets (2024 EOY)
2,085
covered participants
97th
percentile by assets (of 123,622 plans)
$216,843
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tri-State Carpenters and Joiners Pension Trust Fund reported net income rose from $18M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Tri-State Carpenters and Joiners Pension Trust Fund end-of-year assets rose from $228M in the plan year 2023 filing to $452M in the plan year 2024 filing.
  • Tri-State Carpenters and Joiners Pension Trust Fund reported participants fell from 2,208 in the plan year 2023 filing to 2,085 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Tri-State Carpenters and Joiners Pension Trust Fund vs the 2024 asset distribution

By assets, Tri-State Carpenters and Joiners Pension Trust Fund outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$228M
Net Assets (End of Year)$451M
Net Income$42M
Employer EIN620976048
Plan Effective Date1970-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Tri-State Carpenters and Joiners Pension)

$100M$200M$300M$400M$500M 202220232024 $210M $452M ▲ +115.5%
Total plan assets by year, all Board of Trustees - Tri-State Carpenters and Joiners Pension plans on file
Year Plans Participants Total Assets
2022 1 2,188 $210M
2023 1 2,208 $228M
2024 1 2,085 $452M

Nearby Defined Benefit (Pension) Plans in Tennessee

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

Tri-State Carpenters and Joiners Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

Tri-State Carpenters and Joiners Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Tri-State Carpenters…Fedex Corporation Em…Retirement Plan of I…Pace Industry Union-…Pension Plan for Emp…Retirement Program P…
Tri-State Carpenters and Joiners Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Tri-State Carpenters and Joiners Pension Trust Fund by total assets, not by location.

Frequently Asked Questions

How did Tri-State Carpenters and Joiners Pension Trust Fund assets move in 2024?
Tri-State Carpenters and Joiners Pension Trust Fund surged - up 97.9% during 2024, from $228M to $452M. Reported net income was $42M.
How have Board of Trustees - Tri-State Carpenters and Joiners Pension plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees - Tri-State Carpenters and Joiners Pension's sponsor-wide assets grew 115.5%, from $210M to $452M.
Where does Tri-State Carpenters and Joiners Pension Trust Fund rank by assets among Form 5500 filers?
Tri-State Carpenters and Joiners Pension Trust Fund ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Tri-State Carpenters and Joiners Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Atlanta Plumbers & Steamfitters Pension Fund in FL ($452M, 2,339 participants).

Next read for Tri-State Carpenters and Joiners Pension…

Scale reading

Ways to act on Tri-State Carpenters and Joiners Pension Trust Fund's numbers.

  • By total assets, Tri-State Carpenters and Joiners Pension Trust Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Tennessee. Compare plans
  • Board of Trustees - Tri-State Carpenters and Joiners Pension's sponsor-wide assets have grown 115.5% since 2022 across 3 plan years on file. More Construction plans