Defined Benefit (Pension) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$167M
Total assets Near avg plan size
413
Participants Below avg headcount
93rd
Percentile by assets National rank
$403,219
Avg per participant High balance/head
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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.

  • #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.

#8,339
in Construction (9,039 peers)
+7.0%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Twin City Floor Covering Industry Pension Fund's outsized position by total assets

Twin City Floor Covering Industry Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$166,529,294 Top 7% higher than 93% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Twin City Floor Covering Industry Pension Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Twin City Floor Covering Industry Pension Fund sits mid-pack in the medium band (413 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

DOL schedule card

Filing strip 416145862 · Board of Trustees of the Twin City Floor Covering Industry Pension Fun PY 2024 · Defined Benefit (Pension)

Twin City Floor Covering Industry Pension Fund · $167M · 413 · 93rd

  • EBSA $167M
  • PART 413
  • TYPE 93rd
  • NET Defined Benefit (Pension)
  • BOOK near The Retirement Plan of Ridgewood Savings Bank
  • VS-ST ind #8339

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Minnesota →

Twin City Floor Covering Industry Pension Fund in the asset neighbourhood

Retirement Plan of Cayuga Medical Center at IthacaRetirement Plan of Cayuga Me…$167MThe Retirement Plan of Ridgewood Savings BankThe Retirement Plan of Ridge…$167MTwin City Floor Covering Industry Pension FundTwin City Floor Covering Ind…$167MAppalachian Regional Healthcare, Inc. Pension PlanAppalachian Regional Healthc…$166MSheet Metal Workers Local No. 292 Pension FundSheet Metal Workers Local No…$166M
End-of-year total assets ($M) among Twin City Floor Covering Industry Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$156M
Net Assets (End of Year)$167M
Net Income$11M
Employer EIN416145862
Plan Effective Date1973-04-25
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees of the Twin City Floor Covering Industry Pension Fun plans reported in each filing year

Latest sponsor-wide plan assets
$167M 14.927050585604562% vs 2022
2024 filing year
$140M$150M$160M$170M 202220232024 $145M $167M ▲ +14.9%
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 Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Twin City Floor Covering Industry Pension Fund, Total assets ($B): 0.166529294 · Participants: 413Twin City Floor Covering Industry Pension FundMayo Pension Plan, Total assets ($B): 11.816211651 · Participants: 71743Mayo Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 8.87866493 · Participants: 91323M Employee Retirement Income PlanWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.278776602 · Participants: 46875Wells Fargo & Company Cash Balance PlanU.S. Bank Pension Plan, Total assets ($B): 4.38225088 · Participants: 62822U.S. Bank Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.23694343 · Participants: 27237The Travelers Pension Plan
Twin City Floor Covering Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Twin City Floor Covering Industry Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is The Retirement Plan of Ridgewood Savings Bank in NY ($167M); by covered participants it is Pension Fund of Heat and Frost Insulators Local 12 in NY (413 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (413 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Twin City Floor Covering Industry Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Fund of Heat and Frost Insulators Local 12 in NY (413 participants, $155M in assets).