Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Michigan Carpenters' Pension Fund Pension Plan

Data updated 2026-08-25

$774M
Total assets Above avg plan size
3,894
Participants Above avg headcount
98th
Percentile by assets National rank
$198,671
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Michigan Carpenters' Pension Fund · Sponsored by Board of Trustees, Michigan Carpenters' Pension Fund · Michigan · Construction

$774M in assets, 3,894 participants

Board of Trustees, Michigan Carpenters' Pension Fund's Michigan Carpenters' Pension Fund reported $774M in total assets and 3,894 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,865 in Construction (9,039 peers)

Coverage in Michigan

Michigan Carpenters' Pension Fund covers 3,894 participants in Michigan, 6.1x the typical Michigan plan (state average ~638 per filing). Assets: $774M.

#8,865
in Construction (9,039 peers)
+6.8%
assets growth YoY
7.8×
vs typical plan assets (national mean)

Michigan Carpenters' Pension Fund's outsized position by total assets

Michigan Carpenters' Pension Fund vs every filed plan by assets

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

$773,626,146 Top 2% higher than 98% 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

Michigan Carpenters' Pension Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Carpenters' Pension Fund lands in the large band (3,894 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michigan Carpenters' Pension Fund reported net income fell from $65M in the plan year 2023 filing to $48M in the plan year 2024 filing.
  • Michigan Carpenters' Pension Fund reported participants rose from 3,408 in the plan year 2023 filing to 3,894 in the plan year 2024 filing.
  • Michigan Carpenters' Pension Fund end-of-year assets rose from $725M in the plan year 2023 filing to $774M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 386233978 · Board of Trustees, Michigan Carpenters' Pension Fund PY 2024 · Defined Benefit (Pension)

Michigan Carpenters' Pension Fund · $774M · 3,894 · 98th

  • VS-ST $774M
  • VS-ST 3,894
  • VS-ST 98th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Andersen Corporation Employees' Pension and Retirement Plan
  • VS-ST ind #8865

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 Michigan →

Michigan Carpenters' Pension Fund in the asset neighbourhood

Cement Masons Pension Trust Fund for Northern CaliforniaCement Masons Pension Trust …$775MSEIU Local 1 & Participating Employers Pension TrustSEIU Local 1 & Participating…$774MMichigan Carpenters' Pension FundMichigan Carpenters' Pension…$774MAndersen Corporation Employees' Pension and Retirement PlanAndersen Corporation Employe…$773MTalen Energy Retirement Plan$771M
End-of-year total assets ($M) among Michigan Carpenters' Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$725M
Net Assets (End of Year)$771M
Net Income$48M
Employer EIN386233978
Plan Effective Date1963-08-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Michigan Carpenters' Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees, Michigan Carpenters' Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$774M 17.36406476481826% vs 2022
2024 filing year
$600M$650M$700M$750M$800M 202220232024 $659M $774M ▲ +17.4%
Year Plans Participants Total Assets
2022 1 3,379 $659M
2023 1 3,408 $725M
2024 1 3,894 $774M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Michigan Carpenters' Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 050001000015000200002500030000 -1001020304050 Total assets ($B) Participants Michigan Carpenters' Pension Fund, Total assets ($B): 0.773626146 · Participants: 3894Michigan Carpenters' Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Michigan Carpenters' Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Michigan Carpenters' Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Andersen Corporation Employees' Pension and Retirement Plan in MN ($773M); by covered participants it is Alaska Electrical Pension Plan in AK (3,898 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,894 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 Michigan Carpenters' Pension Fund assets move in 2024? ▼
Michigan Carpenters' Pension Fund grew at a solid clip - up 6.8% during 2024, from $725M to $774M. Reported net income was $48M.
How have Board of Trustees, Michigan Carpenters' Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Michigan Carpenters' Pension Fund's sponsor-wide assets grew 17.4%, from $659M to $774M.
Where does Michigan Carpenters' Pension Fund rank by assets among Form 5500 filers? ▼
Michigan Carpenters' Pension Fund ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Michigan Carpenters' Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Andersen Corporation Employees' Pension and Retirement Plan in MN ($773M, 1,594 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Michigan Carpenters' Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Alaska Electrical Pension Plan in AK (3,898 participants, $2.1B in assets).