Money Purchase · DOL Form 5500 · 2024
Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund Money Purchase Plan
Data updated 2026-08-06
- $531M
- Total assets
- 17,855
- Participants
- 97th
- Percentile by assets
- $29,717
- Avg per participant
Official DOL plan name: Michigan Regional Council of Carpenters' Annuity Fund · Sponsored by Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund · Michigan · Construction
$531M in assets, 17,855 participants
Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund's Michigan Regional Council of Carpenters' Annuity Fund reported $531M in total assets and 17,855 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 116,472 plans)
- #8,095 in Construction (8,304 peers)
Coverage in Michigan
Michigan Regional Council of Carpenters' Annuity Fund covers 17,855 participants in Michigan, 28x the typical Michigan plan (state average ~632 per filing). Assets: $531M.
- $531M
- total plan assets (2024 EOY)
- 17,855
- covered participants
- 97th
- percentile by assets (of 116,472 plans)
- $29,717
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Michigan Regional Council of Carpenters' Annuity Fund reported net income fell from $62M in the plan year 2023 filing to $29M in the plan year 2024 filing.
- Michigan Regional Council of Carpenters' Annuity Fund end-of-year assets rose from $500M in the plan year 2023 filing to $531M in the plan year 2024 filing.
- Michigan Regional Council of Carpenters' Annuity Fund reported participants rose from 17,454 in the plan year 2023 filing to 17,855 in the plan year 2024 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Michigan Regional Council of Carpenters' Annuity Fund reports 17,855 participants - 28x that state average ($531M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $500M |
|---|---|
| Net Assets (End of Year) | $527M |
| Net Income | $29M |
| Employer EIN | 383240423 |
| Plan Effective Date | 1995-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 19,164 | $442M |
| 2023 | 1 | 17,454 | $500M |
| 2024 | 1 | 17,855 | $531M |
Nearby Money Purchase Plans in Michigan
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Michigan Regional Council of Carpenters' Annuity Fund vs. nearby Money Purchase plans in Michigan, assets vs. participants
- Operating Engineers' Local 324, Defined Contribution Pension Plan $248M · 7,667
- Michiana Area Electrical Workers' Money Purchase Plan $124M · 782
- Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust $61M · 292
- Kalamazoo County Sheriff's Deputies Association Money Purchase Pension Plan $51M · 193
- Roofers Union Local No. 70 Pension Plan $48M · 413
Scale composition for Michigan Regional Council of Carpenters' Annuity Fund
Michigan Regional Council of Carpenters' Annuity Fund reports $531M in end-of-year assets across 17,855 participants (0.005% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.020% of 89,805,449 covered participants) - about $29,717 per participant (22% of the national average assets-per-participant) . Net income for plan year 2024 was $29M.
This plan identity (EIN 383240423, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $442M to $531M (+20.1%) while covered participants moved from 19,164 to 17,855 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 19,164 | $442M | Open filing |
| 2023 | 17,454 | $500M | Open filing |
| 2024 · index core | 17,855 | $531M | This page |
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Michigan Regional Council of Carpenters' Annuity Fund by total assets, not by location.
- Iron Workers District Council of So Oh & Vicinity Annuity Trust (OH) $533M · 7,205
- Santa Clara University Defined Contribution Retirement Plan (CA) $520M · 1,889
- Bay Area Painters & Tapers Annuity Fund (CA) $544M · 6,552
- Nfl Pension Plan (NY) $544M · 1,626
Frequently Asked Questions
How did Michigan Regional Council of Carpenters' Annuity Fund assets move in 2024? ▼
How have Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund plan assets changed over time? ▼
Where does Michigan Regional Council of Carpenters' Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Michigan Regional Council of Carpenters' Annuity Fund? ▼
Next read for Michigan Regional Council of Carpenters'…
Filing takeaways
Ways to act on Michigan Regional Council of Carpenters' Annuity Fund's numbers.
- By total assets, Michigan Regional Council of Carpenters' Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Michigan. Compare plans
- Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund's sponsor-wide assets have grown 20.1% since 2022 across 3 plan years on file. More Construction plans