401(k) · DOL Form 5500 · 2022
Board of Trustees Iuoe Local 324 Retirement Trust Fund 401(k) Plan
Data updated 2026-08-25
- $49M
- Total assets Below avg plan size
- 1,550
- Participants Near avg headcount
- 88th
- Percentile by assets National rank
- $31,348
- Avg per participant Low balance/head
Official DOL plan name: International Union of Operating Engineers Local 324 Retirement Trust Fund · Sponsored by Board of Trustees Iuoe Local 324 Retirement Trust Fund · Michigan · Construction
$49M in assets, 1,550 participants
Board of Trustees Iuoe Local 324 Retirement Trust Fund's International Union of Operating Engineers Local 324 Retirement Trust Fund reported $49M in total assets and 1,550 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.
- #8,552 in Construction (9,927 peers)
Coverage in Michigan
International Union of Operating Engineers Local 324 Retirement Trust Fund covers 1,550 participants in Michigan, 2.4x the typical Michigan plan (state average ~638 per filing). Assets: $49M.
- #8,552
- in Construction (9,927 peers)
- -13.8%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
International Union of Operating Engineers Local 324 Retirement Trust Fund's outsized position by total assets
International Union of Operating Engineers Local 324 Retirement Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$48,589,348 Top 12% higher than 88% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
International Union of Operating Engineers Local 324 Retirement Trust Fund'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. International Union of Operating Engineers Local 324 Retirement Trust Fund lands in the large band (1,550 participants).
Published 5500 schedule card
Filing strip 383685356 · Board of Trustees Iuoe Local 324 Retirement Trust Fund PY 2022 · 401(k)
International Union of Operating Engineers Local 324 Retirement Trust Fund · $49M · 1,550 · 88th
- SCH $49M
- SCH 1,550
- SCH 88th
- SCH 401(k)
- SCH near W.M. Jordan Company, Inc. Profit Sharing/401(k) Plan
- SCH ind #8552
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 →
International Union of Operating Engineers Local 324 Retirement Trust Fund in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $56M |
|---|---|
| Net Assets (End of Year) | $48M |
| Net Income | -$8M |
| Employer EIN | 383685356 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Iuoe Local 324 Retirement Trust Fund)
Sponsor-wide plan assets over time
All Board of Trustees Iuoe Local 324 Retirement Trust Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $70M 44.7548894873008% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,550 | $49M |
| 2023 | 1 | 1,672 | $60M |
| 2024 | 1 | 1,692 | $70M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
International Union of Operating Engineers Local 324 Retirement Trust Fund's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is W.M. Jordan Company, Inc. Profit Sharing/401(k) Plan in VA ($49M); by covered participants it is Worldwide Express 401(k) Plan in TX (1,550 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($49M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,550 participants); asset peers above are excluded.
- Worldwide Express 401(k) Plan (TX) 1,550 · 0 off
- Tsg Developments Investments, Inc. 401(k) Plan () 1,550 · 0 off
- Lhoist North America 401(k) Plan (TX) 1,549 · 1 off
- Continuing Health Care Solutions, Inc. 401(k) Plan (OH) 1,549 · 1 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.