Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of the Twin City Floor Covering Industry Pension Fun Pension Plan

Data updated 2026-08-11

$167M
Total assets: 413
Participants: 93rd
Percentile by assets: $403,219
Avg per participant

Official DOL plan name: Twin City Floor Covering Industry Pension Fund · Sponsored by Board of Trustees of the Twin City Floor Covering Industry Pension Fun · Minnesota · Construction

$167M in assets, 413 participants

Board of Trustees of the Twin City Floor Covering Industry Pension Fun's Twin City Floor Covering Industry Pension Fund reported $167M in total assets and 413 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 123,622 plans)
#8,339 in Construction (9,039 peers)

Coverage in Minnesota

Twin City Floor Covering Industry Pension Fund covers 413 participants in Minnesota, about 37% of the average Minnesota filer (state average ~1,126 per filing). Assets: $167M.

$167M
total plan assets (2024 EOY): 413
covered participants: 93rd
percentile by assets (of 123,622 plans): $403,219
avg assets per participant

Twin City Floor Covering Industry Pension Fund end-of-year assets rose from $156M in the plan year 2023 filing to $167M in the plan year 2024 filing.
Twin City Floor Covering Industry Pension Fund reported participants rose from 407 in the plan year 2023 filing to 413 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Minnesota

Industry

Construction

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Twin City Floor Covering Industry Pension Fund reports 413 participants - about 37% of that state average ($167M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$156M
Net Assets (End of Year)	$167M
Net Income	$11M
Employer EIN	416145862
Plan Effective Date	1973-04-25
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of the Twin City Floor Covering Industry Pension Fun)

Total plan assets by year, all Board of Trustees of the Twin City Floor Covering Industry Pension Fun plans on file

Year	Plans	Participants	Total Assets
2022	1	421	$145M
2023	1	407	$156M
2024	1	413	$167M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Twin City Floor Covering Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Mayo Pension Plan $11.8B · 71,743
3M Employee Retirement Income Plan $8.9B · 9,132
Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
U.S. Bank Pension Plan $4.4B · 62,822
The Travelers Pension Plan $4.2B · 27,237

Compare Twin City Floor Covering Industry Pensio… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Twin City Floor Covering Industry Pension Fund by total assets, not by location.

The Retirement Plan of Ridgewood Savings Bank (NY) $167M · 192
Retirement Plan of Cayuga Medical Center at Ithaca (NY) $167M · 1,196
Appalachian Regional Healthcare, Inc. Pension Plan (KY) $166M · 855
Sheet Metal Workers Local No. 292 Pension Fund (MI) $166M · 608

Frequently Asked Questions

How did Twin City Floor Covering Industry Pension Fund assets move in 2024? ▼

Twin City Floor Covering Industry Pension Fund grew at a solid clip - up 7.0% during 2024, from $156M to $167M. Reported net income was $11M.

How have Board of Trustees of the Twin City Floor Covering Industry Pension Fun plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of the Twin City Floor Covering Industry Pension Fun's sponsor-wide assets grew 14.9%, from $145M to $167M.

Where does Twin City Floor Covering Industry Pension Fund rank by assets among Form 5500 filers? ▼

Twin City Floor Covering Industry Pension Fund ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Twin City Floor Covering Industry Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is The Retirement Plan of Ridgewood Savings Bank in NY ($167M, 192 participants).

Next read for Twin City Floor Covering Industry Pensio…

Filing takeaways

Ways to act on Twin City Floor Covering Industry Pension Fund's numbers.

By total assets, Twin City Floor Covering Industry Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
Board of Trustees of the Twin City Floor Covering Industry Pension Fun's sponsor-wide assets have grown 14.9% since 2022 across 3 plan years on file. More Construction plans

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 416145862.