Profit Sharing · DOL Form 5500 · 2022
Trustees of Operating Engineers Local #49 Defined Contribution Plan Profit Sharing Plan
Data updated 2026-08-11
- $18M
- Total assets
- 8,293
- Participants
- 76th
- Percentile by assets
- $2,160
- Avg per participant
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.
- 76th percentile by assets (of 139,126 plans)
- #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.
- $18M
- total plan assets (2022 EOY)
- 8,293
- covered participants
- 76th
- percentile by assets (of 139,126 plans)
- $2,160
- avg assets per participant
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Operating Engineers Local #49 Defined Contribution Plan reports 8,293 participants - 7.4x that state average ($18M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | $18M |
| Net Income | $11M |
| Employer EIN | 845030668 |
| Plan Effective Date | 2020-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Operating Engineers Local #49 Defined Contribution Plan)
| 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
- Essentia Health Retirement Plan $1.6B · 14,444
- Pipe Trades Services Mn Pension Supplement Fund $1.4B · 6,268
- Allina 403(b) Retirement Savings Plan $847M · 10,170
- Fairview Health Services Pension Plan $542M · 5,177
- Cargill Employee Retirement Account Plan $397M · 18,794
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Operating Engineers Local #49 Defined Contribution Plan by total assets, not by location.
Frequently Asked Questions
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Next read for Operating Engineers Local #49 Defined Co…
Filing takeaways
Ways to act on Operating Engineers Local #49 Defined Contribution Plan's numbers.
- By total assets, Operating Engineers Local #49 Defined Contribution Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
- Trustees of Operating Engineers Local #49 Defined Contribution Plan's sponsor-wide assets have grown 296.9% since 2022 across 3 plan years on file. More Construction plans