Profit Sharing · DOL Form 5500 · 2022

Trustees of Operating Engineers Local #49 Defined Contribution Plan Profit Sharing Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
8,293
Participants Very large workforce
76th
Percentile by assets National rank
$2,160
Avg per participant Low balance/head
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Official DOL plan name: Operating Engineers Local #49 Defined Contribution Plan · Sponsored by Trustees of Operating Engineers Local #49 Defined Contribution Plan · Minnesota · Construction

$18M in assets, 8,293 participants

Trustees of Operating Engineers Local #49 Defined Contribution Plan's Operating Engineers Local #49 Defined Contribution Plan reported $18M in total assets and 8,293 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #7,464 in Construction (9,927 peers)

Coverage in Minnesota

Operating Engineers Local #49 Defined Contribution Plan covers 8,293 participants in Minnesota, 7.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $18M.

#7,464
in Construction (9,927 peers)
+159.4%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Operating Engineers Local #49 Defined Contribution Plan's outsized position by total assets

Operating Engineers Local #49 Defined Contribution Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$17,913,832 Top 24% higher than 76% of 139,123 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 2022

Operating Engineers Local #49 Defined Contribution Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Operating Engineers Local #49 Defined Contribution Plan lands in the large band (8,293 participants).

Plan-year Form 5500 strip

Filing strip 845030668 · Trustees of Operating Engineers Local #49 Defined Contribution Plan PY 2022 · Profit Sharing

Operating Engineers Local #49 Defined Contribution Plan · $18M · 8,293 · 76th

  • EOY $18M
  • 5500 8,293
  • ASSETS 76th
  • PCT Profit Sharing
  • EIN near I.a.T.S.E. Local No. 6 Profit Sharing Plan
  • RANK ind #7464

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 →

Operating Engineers Local #49 Defined Contribution Plan in the asset neighbourhood

The Key Program, Inc. Profit Sharing PlanThe Key Program, Inc. Profit…$18MOperating Engineers Local #49 Defined Contribution PlanOperating Engineers Local #4…$18MI.a.T.S.E. Local No. 6 Profit Sharing PlanI.a.T.S.E. Local No. 6 Profi…$18MSouthern Tier Building Trades Laborers Profit Sharing PlanSouthern Tier Building Trade…$18MVeenker Resources, Inc. Profit Sharing PlanVeenker Resources, Inc. Prof…$18M
End-of-year total assets ($M) among Operating Engineers Local #49 Defined Contribution Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$18M
Net Income$11M
Employer EIN845030668
Plan Effective Date2020-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Operating Engineers Local #49 Defined Contribution Plan)

Sponsor-wide plan assets over time

All Trustees of Operating Engineers Local #49 Defined Contribution Plan plans reported in each filing year

Latest sponsor-wide plan assets
$71M 296.89920615533293% vs 2022
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $17.9M $71.1M ▲ +297.0%
Year Plans Participants Total Assets
2022 1 8,293 $18M
2023 1 10,446 $41M
2024 1 11,456 $71M

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Operating Engineers Local #49 Defined Contribution Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -0.500.511.52 Total assets ($B) Participants Operating Engineers Local #49 Defined Contribution Plan, Total assets ($B): 0.017913832 · Participants: 8293Operating Engineers Local #49 Defined Contribution PlanEssentia Health Retirement Plan, Total assets ($B): 1.61318726 · Participants: 14444Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.394999238 · Participants: 6268Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.846612268 · Participants: 10170Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.542260343 · Participants: 5177Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.397133832 · Participants: 18794Cargill Employee Retirement Account Plan
Operating Engineers Local #49 Defined Contribution Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Operating Engineers Local #49 Defined Contribution Plan side-by-side with 3 peers →

Operating Engineers Local #49 Defined Contribution Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is I.a.T.S.E. Local No. 6 Profit Sharing Plan in MO ($18M); by covered participants it is Ufcw Local 342 Savings and 401(k) Plan in NY (8,267 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,293 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Operating Engineers Local #49 Defined Contribution Plan assets move in 2022? ▼
Operating Engineers Local #49 Defined Contribution Plan surged - up 159.4% during 2022, from $7M to $18M. Reported net income was $11M.
How have Trustees of Operating Engineers Local #49 Defined Contribution Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Operating Engineers Local #49 Defined Contribution Plan's sponsor-wide assets grew 296.9%, from $18M to $71M.
Where does Operating Engineers Local #49 Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Operating Engineers Local #49 Defined Contribution Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Operating Engineers Local #49 Defined Contribution Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is I.a.T.S.E. Local No. 6 Profit Sharing Plan in MO ($18M, 1,128 participants).
Which Profit Sharing plans cover a similar participant headcount to Operating Engineers Local #49 Defined Contribution Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Ufcw Local 342 Savings and 401(k) Plan in NY (8,267 participants, $93M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 845030668.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.