Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity Pension Plan

Data updated 2026-08-06

$1.4B
Total assets
4,873
Participants
99th
Percentile by assets
$277,322
Avg per participant
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Official DOL plan name: Carpenters' Pension Trust Fund - Detroit and Vicinity · Sponsored by Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity · Michigan · Construction

$1.4B in assets, 4,873 participants

Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity's Carpenters' Pension Trust Fund - Detroit and Vicinity reported $1.4B in total assets and 4,873 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.

  • 99th percentile by assets (of 116,472 plans)
  • #8,232 in Construction (8,304 peers)

Coverage in Michigan

Carpenters' Pension Trust Fund - Detroit and Vicinity covers 4,873 participants in Michigan, 7.7x the typical Michigan plan (state average ~632 per filing). Assets: $1.4B.

$1.4B
total plan assets (2024 EOY)
4,873
covered participants
99th
percentile by assets (of 116,472 plans)
$277,322
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Carpenters' Pension Trust Fund - Detroit and Vicinity reported net income rose from $8M in the plan year 2023 filing to $620M in the plan year 2024 filing.
  • Carpenters' Pension Trust Fund - Detroit and Vicinity end-of-year assets rose from $719M in the plan year 2023 filing to $1.4B in the plan year 2024 filing.
  • Carpenters' Pension Trust Fund - Detroit and Vicinity reported participants rose from 4,836 in the plan year 2023 filing to 4,873 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Carpenters' Pension Trust Fund - Detroit and Vicinity reports 4,873 participants - 7.7x that state average ($1.4B EOY assets).

Michigan filing particulars

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

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

$0.6B$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.71B $1.35B ▲ +90.1%
Total plan assets by year, all Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity plans on file
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.

Carpenters' Pension Trust Fund - Detroit and Vicinity vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Carpenters' Pension Trust Fund - Detroit and Vicinity vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 05101520 Total assets ($B) Participants Carpenters' Pension …Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…Fca US LLC Pension P…
Carpenters' Pension Trust Fund - Detroit and Vicinity vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Carpenters' Pension Trust Fund - Detroit and Vicinity by total assets, not by location.

Frequently Asked Questions

How did Carpenters' Pension Trust Fund - Detroit and Vicinity assets move in 2024?
Carpenters' Pension Trust Fund - Detroit and Vicinity surged - up 88.0% during 2024, from $719M to $1.4B. Reported net income was $620M.
How have Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity's sponsor-wide assets grew 89.9%, from $711M to $1.4B.
Where does Carpenters' Pension Trust Fund - Detroit and Vicinity rank by assets among Form 5500 filers?
Carpenters' Pension Trust Fund - Detroit and Vicinity ranks in the 99th percentile by end-of-year assets among 116,472 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 Carpenters' Pension Trust Fund - Detroit and Vicinity?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 282 Pension Trust Fund in NY ($1.4B, 3,073 participants).

Next read for Carpenters' Pension Trust Fund - Detroit…

Filing takeaways

Ways to act on Carpenters' Pension Trust Fund - Detroit and Vicinity's numbers.

  • By total assets, Carpenters' Pension Trust Fund - Detroit and Vicinity ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Board of Trustees of Carpenters' Pension Trust Funddetroit&vicinity's sponsor-wide assets have grown 89.9% since 2022 across 3 plan years on file. More Construction plans