Summary Plan Description

Investment Strategy

The plan experiences investment earnings or losses which are posted to your account each month as described in "Unit Values Accounting" on pages 20-21. These earnings or losses
apply to all subaccounts. Table 2 below lists the investment performance of this plan from 1982–2013.

The Carpenters Individual Account Pension Plan is invested in a mix of bonds, domestic and international stocks, real estate equity, and private equity. The plan has earned an average of 6.9 percent over the past ten years, and an average of 8.2 percent over the plan's 33 year history.

  • For additional information about plan valuation of accounts, please see Article 6.2 on page 73.
TABLE 2
Investment Performance
Year Rate
1982 7.5%
1983 10.0%
1984 10.5%
1985 10.5%
1986 8.0%
1987 0.0%
1988 13.5%
1989 14.7%
1990 3.0%
1991 14.5%
1992 8.2%
1993 12.4%
1994 -2.0%
1995 24.7%
1996 13.5%
1997 16.9%
1998 9.6%
1999 5.1%
2000 4.2%
2001 .1%
2002 -4.8%
2003 21.3%
2004 9.6%
2005 10.1%
2006 12.5%
2007 10.2%
2008 -21.6%
2009 8.9%
2010 12.1%
2011 1.4%
2012 11.7%
2013 14.5%
2014 6.8%
2015 2.0%