Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Carpenters' Pension Trust Fund - Detroit and Vicinity

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity · Michigan · Construction

What the 2023 filing shows

Carpenters' Pension Trust Fund - Detroit and Vicinity holds $1.4B for 4,873 participants — about $277,322 per participant, up 88.0% over the 2024 plan year.

$1.4B
total plan assets (2024 EOY)
4,873
covered participants
$277,322
avg assets per participant
+88.0%
assets growth YoY
Total Assets (2023)
$1.4B
Participants
4,873
State
Industry
Construction

What the Filing Says About Carpenters' Pension Trust Fund - Detroit and Vicinity

Carpenters' Pension Trust Fund - Detroit and Vicinity is a Defined Benefit (Pension) retirement plan sponsored by Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity, headquartered in Michigan. As of the 2024 Form 5500 filing, the plan reports $1.4B in total end-of-year assets and covers 4,873 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 386242188, and the plan has been effective since 1957-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $719M at the beginning of 2024 to $1.4B at year-end — a gain of 88.0%. Net assets (after liabilities) closed the year at $1.3B, with reported net income of $620M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$719M
Total Assets (End of Year)$1.4B
Net Assets (End of Year)$1.3B
Net Income$620M
Plan TypeDefined Benefit (Pension)
Employer EIN386242188
Plan Effective Date1957-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity)

Year Plans Participants Total Assets
2022 1 4,876 $711M
2023 1 4,836 $719M
2024 1 4,873 $1.4B

Nearby Defined Benefit (Pension) Plans in Michigan

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

Frequently Asked Questions

How much money is in the Carpenters' Pension Trust Fund - Detroit and Vicinity?
As of the 2024 Form 5500 filing, Carpenters' Pension Trust Fund - Detroit and Vicinity holds $1.4B in total assets with 4,873 participants. It is sponsored by Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity.
What type of plan is Carpenters' Pension Trust Fund - Detroit and Vicinity?
Carpenters' Pension Trust Fund - Detroit and Vicinity is a Defined Benefit (Pension) plan. It has been effective since 1957-05-01. The plan is filed with the U.S. Department of Labor under EIN 386242188.
Who sponsors the Carpenters' Pension Trust Fund - Detroit and Vicinity?
Carpenters' Pension Trust Fund - Detroit and Vicinity is sponsored by Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity, located in Michigan. The sponsor's EIN is 386242188 and the plan operates in the Construction industry.
How did Carpenters' Pension Trust Fund - Detroit and Vicinity perform in 2024?
Carpenters' Pension Trust Fund - Detroit and Vicinity grew by 88.0% during 2024, moving from $719M to $1.4B in total assets. Net income was $620M.
Where can I find official filings for Carpenters' Pension Trust Fund - Detroit and Vicinity?
Official Form 5500 filings for Carpenters' Pension Trust Fund - Detroit and Vicinity are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 386242188 or plan name at efast.dol.gov.
How does Carpenters' Pension Trust Fund - Detroit and Vicinity compare to other plans?
You can compare Carpenters' Pension Trust Fund - Detroit and Vicinity against other Defined Benefit (Pension) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 386242188.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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